The Michigan Messenger

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The Michigan Messenger going forward

By Staff Report | 11.16.11

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 [...]

Colorado-based abstinence program provided false and misleading information to Michigan students

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By Todd A. Heywood | 11.16.11

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.

Class action lawsuit filed against MERS over unpaid taxes

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By Todd A. Heywood | 11.15.11

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.

Schuette fights important mercury regulations

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By Eartha Jane Melzer | 11.14.11

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.

Posts Tagged Fannie Mae

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Feds sue banks over toxic mortgage securities

By Todd A. Heywood | 09.06.11 | 8:51 am

The Federal Housing Finance Agency filed suit Friday against 17 national and international banking giants for their roles in the toxic mortgage securities scandal that led to the current housing crisis.

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Obama administration wants to keep feds in mortgage business

By Todd A. Heywood | 08.16.11 | 9:56 am

The Obama administration believes that in order to right the ship of the housing market, the federal government is going to have to stay actively involved.

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Officials angered over Fannie Mae disclosures

By Todd A. Heywood | 08.15.11 | 10:05 am

Michigan leaders in the fight against the foreclosure crisis reacted strongly Sunday to revelations that mortgage giant Fannie Mae appears to have been pushing banks to foreclose on homeowners rather than continue negotiating loan modifications.

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Michigan counties file unprecedented foreclosure fraud suits

By Todd A. Heywood | 06.23.11 | 8:05 am

Two Michigan counties, Oakland and Ingham, are suing some of the biggest players in the mortgage industry for what one official called a “fraudulent conspiracy” to avoid paying state and county property transfer taxes.

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Hertel sues banks, foreclosure firms over transfer taxes

By Todd A. Heywood | 06.22.11 | 11:58 am

Ingham County Register of Deeds Curtis Hertel, Jr. filed suit in Ingham County Circuit Court Wednesday against at least eight financial institutions and foreclosure firms alleging that they have fraudulently avoided paying millions of dollars in property transfer taxes.

Tipton couple sues over early eviction in foreclosure case

By Todd A. Heywood | 11.05.10 | 11:41 am

A Tipton couple has filed a lawsuit against Fannie Mae and several local contractors, reports the Adrian Telegram. Gary and Katherine Clark had their home foreclosed by Fannie Mae, and had until June 14 to clear out their belongings. They say that while they were in the process of packing and moving their belongings to [...]

Renters ‘lost in the shuffle’ in anti-foreclosure efforts

By Mary Kane | 11.20.09 | 10:39 am

Mortgage giant Fannie Mae’s recent announcement that it will give homeowners facing foreclosure the chance to stay in their properties as renters for as long as a year is the latest aggressive move by the government to help troubled borrowers and tenants avoid being evicted. But as past efforts to stem the foreclosure crisis have already shown, even well-intentioned programs haven’t managed to reach significant numbers of people in peril – meaning any new approach faces a tough road ahead.

Fannie, Freddie quietly lift moratorium on foreclosures

By Mary Kane | 04.02.09 | 5:03 pm

WASHINGTON — A ban on foreclosure sales and evictions from houses owned by mortgage giants Fannie Mae and Freddie Mac, which began as a high-profile effort just before the holidays to keep people in their homes as the government tried to come up with homeowner rescue plans, is over. Spokesmen for Fannie Mae and Freddie [...]

Fannie Mae won’t evict renters from foreclosed homes

By Todd A. Heywood | 12.15.08 | 10:17 pm

The New York Times reports that government sponsored enterprise Fannie Mae announced it will no longer seek to evict renters from properties on which it forecloses. The issue has been one of hot debate here in Michigan, with Genessee County’s Sheriff issuing an order to cease all renter evictions associated with foreclosure.

Financial Crisis 101: How we got here

By LoRayne Apo-Joynt | 09.22.08 | 8:57 am

How did we get here? Here’s your road map to our shared economic hell