Real estate is about location, location, location. And foreclosure is no different. Depending on the state, it can take an average of three months or three years to process a foreclosure. And the disparity in how states deal with foreclosures is getting bigger.
The fate of thousands of troubled homeowners in Central Florida rests in the hands of Lee Haworth, foreclosure administrative judge for Florida's 12th Judicial Circuit. "We were hit pretty hard," Haworth says.
The Defense Department is bracing for billions of dollars in budget cuts — and that has defense contractors looking for new markets. Homeland Security is one of the most promising, particularly border security, which hasn't suffered any big cuts. So companies are lining up in hopes of landing a contract.
At a border security trade show in Phoenix, Ariz., there's enough surveillance equipment on the floor of the convention center to spot a federal appropriation from 5 miles away.
Last February, a group of young people were arrested for spray-painting graffiti on the walls of their school in the southern Syrian city of Daraa. They were beaten and interrogated. A year ago this Sunday, people went out to protest those arrests. And so began the Syrian uprising — an uprising that in some parts of Syria has turned into an armed insurgency and seen government troops respond with untold brutality. In all, thousands of people have died, with no clear end in sight.
There was a big movie premier Thursday — big in the political world, anyway. This movie is actually an ad of sorts, designed in hopes that it will go viral and help President Obama's re-election prospects.
Originally published on Mon March 19, 2012 12:52 pm
Vice President Biden took on the traditional role that has been reserved to those who have previously served in his position as the political wing man for a president seeking re-election: he went on the attack.
An extraordinary special investigation by a federal judge has concluded that two Justice Department prosecutors intentionally hid evidence in the case against Sen. Ted Stevens, one of the biggest political corruption cases in recent history.
A blistering report released Thursday found that the government team concealed documents that would have helped the late Stevens, a longtime Republican senator from Alaska, defend himself against false-statements charges in 2008. Stevens lost his Senate seat as the scandal played out, and he died in a plane crash two years later.
Shell Oil Co. has chosen a site near Pittsburgh for a major, multibillion-dollar petrochemical refinery that could provide a huge economic boost to the region.
Dan Carlson, Shell's general manager of new business development, said Thursday that the company signed a land option agreement with Horsehead Corp. to evaluate a site near Monaca, about 35 miles northwest of Pittsburgh.
Originally published on Thu March 15, 2012 5:54 pm
The president of the University of Southern Mississippi is apologizing today, after members of the school's band chanted "Where's your green card?" while a Latino player took a free throw during the NCAA tournament.
The incident happened during today's game between Southern Miss and Kansas State.