The massive Omnibus spending bill no Democrat has read, but Democrats want to ram through passage, will cost taxpayers $18 BILLI

Michigan MMJ Dispensary Robbery Foiled By Cops
Three men, two armed with guns were robbing the clinic and had bound several employees with duct tape when two Police Officers rushed in and confronted them. Six Officers eventually responded, taking all three suspects into custody before they left the building. The three Robbery suspects are from Milan, Detroit and Hamtramck. They were taken to the Washtenaw County Jail. So far, no charges have been filed as detectives continue to investigate. The clinic, which opened in February and is run as...

Race Track Says Wayne County "Perfectly Comfortable" With Controversial Land Deal
Wayne County was aware of a horse racing track's plans to sell some of the 240 acres of land it bought from the County for $1, according to Carl Herstein, an attorney representing Post It Stables, the corporation that owns Pinnacle Race Course. The Huron Township race course became the subject of an internal investigation by the County after it was learned that Post It Stables sold seven acres of the land to the Sault Ste. Marie Tribe of Chippewa Indians for $179,000. The seven acres was...

Kustok kids stand by dad
Outside along a cul-de-sac called Royal Oaks Lane in Orland Park, a flawless lawn surrounds a wide-windowed brick house. Everybody knows the family inside. Dad was a University of Illinois football player and youth football coach. Mom taught gifted kids. Son was a High School sports star who became a college Quarterback for Northwestern. Daughter also was a star High School athlete who played college Basketball and is now an anchor for Comcast SportsNet. But behind the closed doors of Allan and...

Foreclosure? Not So Fast: Homeowners Cite Paperwork Problems to Fight Foreclosure
By ROBBIE WHELAN LOXAHATCHEE, Fla.—Israel Machado's Foreclosure started out as a routine affair. In the summer of 2008, as The Economy began to soften, Mr. Machado's pool-cleaning business suffered and like millions of other Americans, he fell behind on his $400,000 Mortgage. Fighting the Foreclosure View Slideshow Jason Henry for The Wall Street Journal Israel Machado defaulted on his $399,000 Mortgage in early 2008. But Mr. Machado's response was unlike most other Americans'. Instead...

Susan Reverby: A New Lesson from the Old "Tuskegee" Study
"Don't take the Swine Flu Vaccine. Remember the Tuskegee Experiment Syphilis Vaccine," a recent post on Twitter warns. The message is simple: "Tuskegee," America's notorious Medical Research study, is still considered as our own equivalent to Nazi experimentation that links state power to scientific fervor. Nearly forty years after the study ended, the name "Tuskegee" evokes fears of the dangers of government involvement in Medical Care. But as Congress Debates how to provide Health coverage...

'It's like reliving a bad dream'
Retired Chicago Police Officer Joe Carone Jr. said it was like living the nightmare all over again. A Syracuse man who admitted to setting three dozen fires as a teenager in Chicago -- including one that claimed the life of Carone's Firefighter father -- was convicted by a New York jury this week of yet another Arson. "It's like reliving a bad dream, something that you've tried to put out of your mind, but it never really leaves," Carone, 70, said Friday. The arsonist, Alan Norcutt, 62, faces...

Families tell of C. diff deaths
Families of patients who died during Northern Ireland's biggest ever Hospital superbug outbreak are due to start giving evidence to a public inquiry. An independent panel is to review the exact number of patients who died in Northern Trust Hospitals, either directly or indirectly as a result of the C. difficile infection, between June 2007 and August 2008. For one family the inquiry is the first step in finding out what went wrong. Sylvia and Ralph Rossi, from Newtonabbey were married for...

Kin hold out hope for Mattapan victim
A s a Dorchester man heads to a New Hampshire Court today in connection with the Mattapan bloodbath that left four people dead, the still-shaken family of a fifth Shooting Victim is holding out hope for his survival. “Everyone is praying for a miracle,” said Dorchester’s Till Freeman. Marcus Hurd, 32, was shot in the back of the head early Tuesday, in what police believe may have been a Drug Deal gone bad, sources have said. Simba Martin, 21, Levaughn Washum-Garrison, 22,...

David Cameron promises extra
Thousands of lives could be saved under government plans to tackle Cancer , the Department of Health said today, with 164m found to hire more NHS specialists, and equip Hospitals with advanced Radiotherapy treatments and new screening techniques. Amid growing dissent over Public Health reforms, David Cameron went on the offensive with a series of measures designed to raise survival rates in the UK to among the best in the world. These include increasing detection with new bowel Cancer...

Write-Offs: 10.01.10
$$$ Private Island Still Up For Grabs [WSJ] $$$ Mayo Meets With Citi’s Chief But What Did They Discuss? [Dealbook] $$$ Some 3,000 Millionaires Claim Jobless Benefits [Bloomberg] $$$ Elko, Nev., the City the Recession Forgot [ABC] $$$ BofA Exec Admits She Didn’t Read Foreclosure Papers [AP] $$$ Morgan Stanley-Smith Barney Brokerage Merger Hits Snags, Delays [NetNet]

Secretary Brunner Issues Directive Regarding Voting Rights And Foreclosures; Refers Specific Cases Of Notary Abuse To Federal Prosecutors
instances of notary abuse occurring at Chase Home Mortgage in Columbus and by the Mortgage Electronic Registration Systems, Inc. (MERS) to a Federal Prosecutor for

Bank of America Foreclosures: BofA Exec Admits She Didn't Read Foreclosure Papers
A Bank of America official acknowledged in a legal proceeding that she signed up to 8,000 Foreclosure documents a month and typically didn't read them. The executive's admission adds the nation's largest bank to a growing list of Mortgage companies whose employees signed documents in Foreclosure cases without verifying the information in them. RELATED LINKS

The Devil's in the Details
What appeared at first to be an isolated problem with home Mortgage Foreclosures at GMAC has morphed into a serious conundrum for just about everyone involved in the residential home market: Homeowners, banks, Mortgage servicers, investors, and even the US government. The problem goes beyond finding which lender has legal title to a home, and therefore the right to foreclose on a defaulted Mortgage. The problem has become how to prepare for a possible behavioral change among Homeowners, if...

Bank of America halts foreclosures in 23 states over paperwork
Bank of America is halting Foreclosures in 23 states because of paperwork problems, the Associated Press is reporting. The announcement follows the disclosure that a BofA official admitted to signing up to 8,000 Foreclosure documents a month, usually without reading them. Earlier today, Connecticut Attorney General Richard Blumenthal ordered a 60-day Moratorium on all Foreclosures by all banks , the first state to implement an industrywide freeze. Wednesday, JPMorgan Chase announced it was...

Bank of America freezes evictions in 23 states
Citing concerns over whether its Foreclosure paperwork was handled properly, Bank of America Corp. on Friday put evictions on hold in 23 states — joining two rivals that have taken similar steps. The freeze is taking place in states where courts have jurisdiction over Foreclosures, Bank of America said. It will not apply to California and 26 other states where Foreclosures usually take place without a court order, but the action could put added pressure on banks to ease back on...

Bank of America will delay foreclosures in 23 states
Another major Mortgage lender is acknowledging that it may have been overeager to force borrowers out of their homes. Bank of America said Friday night it's delaying Foreclosures in 23 states as it examines whether it rushed the process for thousands of Homeowners - without even reading the documents. BofA wasn't able to estimate how many Homeowners' cases will be affected, according to a company spokesman. However, a bank employee, Renee Hertzler , said in a deposition in a Massachusetts ...

Bank Of America Joins JPMorgan And Ally In Admitting It Never Validated Foreclosures Docs
reports, Wells is actually curtailing extensions on residential Short sales, in a last ditch attempt to accelerate the Foreclosure process before it also falls  under the spotlight of fraudulent Foreclosure disclosure. And Wells has more than everyone else combined, courtesy of its core market on the West Coast which, as it will soon be uncovered, has more Mortgage Fraud than any place in the known and unknown universe. As one reader wonders: "You think Wells is trying to hide more losses...

Bank Of America Joins JPMorgan In Suspending Foreclosures
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Should You Buy a Foreclosed Home Now?
In the paper on Friday , David Streitfeld writes about how two major lenders — JPMorgan Chase and GMAC — have acknowledged legal missteps in processing Foreclosures. And as more defaulting Homeowners become aware of the lenders problems, the article says, they are expected to hire lawyers and challenge the proceedings against them. If the completed Foreclosures were not properly executed, families who bought the troubled homes could be vulnerable to claims by the former owners....

OneWest Bank employee: 'Not more than 30 seconds' to sign each foreclosure document
Close Brady Dennis writes about Economic Policy and Financial Regulation. Before coming to The Post in September 2008, he was a staff writer at the St. Petersburg Times in Florida. At the Post, he was a finalist for both the Pulitzer Prize and a Gerald Loeb Award for a three-part series he and a colleague wrote about the rise and fall of American International Group. Contact him at [email protected]

Bank exec. signed, didn't read foreclosure papers
A Bank of America official acknowledges in a legal proceeding that she signed up to 8,000 Foreclosure documents a month and typically didn't read them. The executive's admission adds the nation's largest bank to a growing list of Mortgage companies whose employees signed documents in Foreclosure cases without verifying the information in them. Article Controls

Hundreds protest outside Iceland parliament
Hundreds of demonstrators gathered outside the Iceland's parliament in Reykjavik on Friday, voicing their anger at home Foreclosures in a country still aching from the Global economic Crisis.

Connecticut halts all foreclosures for all banks
Close Brady Dennis writes about Economic Policy and Financial Regulation. Before coming to The Post in September 2008, he was a staff writer at the St. Petersburg Times in Florida. At the Post, he was a finalist for both the Pulitzer Prize and a Gerald Loeb Award for a three-part series he and a colleague wrote about the rise and fall of American International Group. Contact him at [email protected]

Bank of America Joins the Foreclosure Delay Brigade
Bank of America (BAC) will delay Foreclosures on properties in 23 states to review whether its employees signed off on Foreclosure documents without reading them, making the largest U.S. bank at least the third in recent weeks to suspend Foreclosures. "To be certain affidavits have followed the correct procedures, Bank of America will delay the process in order to amend all affidavits in Foreclosure cases that have not yet gone to judgment in the 23 states where courts have jurisdiction over...

Bank of America latest to put hold on foreclosures amid paperwork concerns
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