I am writing today to announce the closure of the Michigan Messenger. After four years of operation in Michigan, the board of the American Independent News Network, has decided to shift publication of its news into a single site, The American Independent at Americanindependent.com. This is part of a shift in strategy, towards new forms [...]
An abstinence-only presentation provided to numerous school districts in Calhoun and Eaton Counties in October of this year provided false and misleading information to students about HIV, experts allege.
Two county registers of deeds filed a class action lawsuit Monday on behalf of Michigan’s 83 counties alleging that the Mortgage Electronic Registration Services owes millions of dollars in property title transfer taxes.
Despite evidence of the impact of mercury on children and public health, Michigan Attorney General Bill Schuette last month joined with 24 other state attorneys general in filing a lawsuit to scuttle new EPA regulations that would reduce mercury emissions from power plants.
Michigan continues with the rather dubious distinction of being one of the ten states hit hardest by foreclosures. Worse? More than half of all foreclosures nationwide came from California, Florida, Arizona, Illinois and Michigan.
The foreclosure crisis has continued to rock the state which has been plagued with unemployment issues. The state is currently tied for the second worst unemployment rate in the country.
RealityTrac, an online mortgage tracking business, reports that banks have repossessed one million homes in 2010. The company is forecasting 2011 to be the peak and expect to see an acceleration in foreclosure activity in the country.
According to a report from the Associate Press:
Lenders are poised to take back more homes this year than any other since the U.S. housing meltdown began in 2006. About 5 million borrowers are at least two months behind on their mortgages and more will miss payments as they struggle with job losses and loans worth more than their home’s value, industry analysts forecast.
The company reports that one in 45 U.S. households received default notices, that means a record 2.9 million homes were caught up in some stage of foreclosure in 2010.
Foreclosures did slow in November and December after revelations that some foreclosures might be improper because of paperwork foul ups. It was revealed in October that many foreclosures were being completed, but the actual title to the property was missing. After a period of suspended action, the foreclosures resumed at the previous rates.
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