Keyword: homeowner

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  • Man shoots down drone hovering over house

    07/31/2015 2:31:27 AM PDT · by LeoWindhorse · 49 replies
    CNet ^ | July 30, 2015 | Chris Matyszczyk
    Merideth allegedly told the police that a drone was hovering over his house, where his teen daughter (he has two) was sunbathing. So he pulled out his gun and gave it a merry death. Merideth was arrested for wanton endangerment and criminal mischief. There is, apparently, a local ordinance that says you can't shoot a gun off in the city, but the police charged him under a Kentucky Revised Statute.
  • Two Florida Burglars Broke Into The Wrong Woman’s Home

    04/02/2015 7:07:36 AM PDT · by KeyLargo · 26 replies
    Western Journalism ^ | Apr 1, 2015 | B. Christopher Agee
    Two Florida Burglars Broke Into The Wrong Woman’s Home Her previous job taught her how to deal with such threats. B. Christopher Agee — April 1, 2015 Volusia County Sheriff's Office According to authorities in Volusia County, Fla., two suspects were promptly arrested from the scene of a reported burglary after the homeowner gave one of them a beating he likely won’t soon forget. WKMG reported that Margaret Gulla was at home when a man and woman approached her house. The two suspects, 35-year-old Tobias Cobb and 38-year-old Kimberly Jarrell, apparently had an organized approach to residential burglary. Police indicate...
  • Foreclosure to Home Free, as 5-Year Clock Expires

    03/30/2015 12:35:33 PM PDT · by Lorianne · 41 replies
    New York Times ^ | 29 March 2015 | Michael Corkery
    In September, Susan Rodolfi celebrated an unusual anniversary: five years of missed mortgage payments. She is like a ghost of the housing market’s painful past, one of thousands of Americans who have skipped years of mortgage payments and are still living in their homes. Now a legal quirk could bring a surreal ending to her foreclosure case and many others around the country: They may get to keep their homes without ever having to pay another dime. The reason, lawyers for homeowners argue, is that the cases have dragged on too long. There are tens of thousands of homeowners who...
  • san diego homebuyers get an unwelcome feeling

    09/13/2014 6:13:10 PM PDT · by BelleAl · 31 replies
    The Los Angeles Times ^ | 09/08/2014 | Maura Dolan
    Jerald Rice typed his wife's name into an Internet search engine. A series of unsettling stunts had perplexed him. Advertisements for sex with his wife popped up. "Adult entertainment of all types when my husband is not home," the ads said. "Not for the faint of heart. Come see me during the day while my husband is at work and we can get our freak on." Some ads contained the couple's address and a photograph of the home they shared with their two children. Some had his wife's photograph, he said. Alarmed, he called his wife at work and then...
  • Archaeologists Relocating Graves Found In Yard In Oak Brook, Illinois

    08/02/2014 2:39:02 PM PDT · by KeyLargo · 17 replies
    CBS Chicago ^ | Aug 1, 2014 | Nancy Harty
    Archaeologists Relocating Graves Found In Yard In Oak Brook August 1, 2014 7:34 AM CHICAGO (CBS) – A team of archaeologists has been excavating the yard of a west suburban home for the past two weeks, after the residents unearthed several graves from a 19th century cemetery. WBBM Newsradio’s Nancy Harty reports property along what’s now known as Kimberly Court in the Brook Forest subdivision of Oak Brook was once part of a cemetery that was active from 1830 to 1890. Dr. Kevin McGowan, director of the Public Service Archaeology & Architecture Program at the Uiversity of Illinois at Urbana-Champaign,...
  • Think you will own your house someday? Think again. How to check your chain of title + Video Video

    05/17/2014 6:55:58 AM PDT · by Opinionatedtoday · 49 replies ^ | Marinka Peschmann
    Imagine pulling up to your driveway with your kids laughing in the backseat, having come home from a baseball game, to see a foreclosure notice tacked on your front door. Maybe all of your belongings have been tossed out onto the street. You are in shock. It doesn’t make sense. There must be a mistake. Why is the bank taking your house? Your home was your security, your retirement. It was the American dream. You had played by the rules. It’s where your children have been growing up. Now, incredibly, suddenly, without warning, your entire world has been ripped apart,...
  • Culture Challenge of the Week: A House or a Home?

    04/03/2014 5:14:16 PM PDT · by Kaslin · 7 replies ^ | April 3, 2014 | Rebecca Hagelin
    My youngest is getting married in less than two months. Although we are deep in the midst of wedding plans and to-do lists, she still manages to spend a good chunk of time every day dreaming about her first home with her soon-to-be hubby. How will they decorate? How will they use their budget? How will they entertain guests? She is incredibly enthusiastic about it, too. You would think the endless list of things to think about would be exhausting, but instead, the wealth of possibilities gives her loads of energy. I think there is something important to learn from...
  • NC:Wilmington man pretends to be drunk, scares away intruders with a gun

    02/02/2014 4:46:14 PM PST · by marktwain · 2 replies ^ | 31 January, 2013 | Staff
    The man pretended to be drunk long enough to get to his safe and pull out a gun. One suspect ran away and the victim held the other suspect at gunpoint outside his apartment. He then told the suspect to leave.
  • Homeowner kills burglar he finds in house

    01/27/2014 3:20:37 PM PST · by marktwain · 6 replies ^ | 25 January, 2014 | Larry Hannan
    Jacksonville police have judged that a homeowner who shot and killed an intruder inside his house was justified in firing the shot. But the homeowner, whose name has not been released, has been arrested for a misdemeanor violation of injunction for having a firearm, and was taken into custody Saturday afternoon, police said. The shooting occurred around 10 a.m. at a house on the 2700 block of Aubrey Avenue. The intruder was taken to UF Health Jacksonville and pronounced dead, said Sgt. Jay Farhat with the Jacksonville Sheriff’s Office.
  • Cedar Hill mayor reflects after stepson killed breaking into home

    01/01/2014 6:46:12 AM PST · by marktwain · 12 replies ^ | 31 December, 2013 | SEBASTIAN ROBERTSON
    CEDAR HILL –– Throughout his five terms as the city's mayor, Rob Franke has been open about his stepson's battle with addiction. On Tuesday he spoke openly about his stepson's death. Joshua Slaven, 31, was fatally shot by a homeowner as he broke into a residence located on Stoney Creek Drive around midnight Christmas Eve. Franke says his stepson of more than 25 years has battled addiction since he was a teenager. Throughout his life, Slaven checked into numerous rehab facilities to treat his heroin addiction. (snip) "We saw that Josh was on something, and something different," said Franke. "He...
  • Homeowner shoots burglary suspect in groin

    12/31/2013 7:47:15 PM PST · by marktwain · 21 replies ^ | 26 December, 2013 | NA
    MARSHALL COUNTY, AL (WAFF) - A homeowner shot aburglary suspect in the groin after catching two men trying to steal scrapmetal from his property, according to authorities. (snip) The homeowner told authorities that when he asked the two men to leave, one of them came towardhim and threatened to kill him. That's when the victim told deputies he shot the suspect once in the groin with his rifle. Both suspects managed to flee thescene.
  • Cedar Hill homeowner shoots suspected would-be burglar on Christmas Eve

    12/31/2013 7:31:16 PM PST · by marktwain · 15 replies ^ | 25 December, 2013 | Tanya Eiserer
    A Cedar Hill homeowner fatally shot a suspected would-be burglar overnight, authorities say. Joshua Slaven, 31, was pronounced dead at 11:59 p.m. on Christmas Eve, according to the Dallas County medical examiner. Authorities say the shooting occurred on Stoney Creek Drive about midnight when a man attempted to break in through a window.
  • IN:Intruder shot and killed by homeowner

    12/24/2013 6:05:31 AM PST · by marktwain · 9 replies ^ | 16 December, 2013 | Kris Kirschner
    "The homeowner indicated the individual, the victim had broken into his house and confronted the homeowner in the front room, living room area and the homeowner had a long gun and discharged his weapon at least one time," said IMPD homicide detective Lt. Kevin Kelly.
  • OH:West Toledo homeowner shoots would-be burglar

    12/23/2013 7:41:32 PM PST · by marktwain · 6 replies ^ | 5 December, 2013 | Megan Sanctorum , Mackenzie Mille
    Police say Antione Garret, 34, and his girlfriend awoke to the sound of someone breaking into their home on Leybourn Avenue. When Garret heard the front window shatter, he ran downstairs and saw Randy Estrada, 21, climbing inside. Garret fired his handgun several times, until Estrada climbed back out the window and ran away.
  • OK:Homeowner shoots intruder after returning from a walk

    10/16/2013 5:53:39 AM PDT · by marktwain · 21 replies ^ | 13 October, 2013 | Michael Purdy
    Tulsa, Okla. — A homeowner returns from a walk Saturday evening and finds an intruder inside his home near Skelly and Lewis. Police say they received the call around 6 p.m., but not just for a burglary.
  • TN:Homeowner Puts Burglar In The Hospital

    10/03/2013 7:51:07 AM PDT · by marktwain · 9 replies ^ | 30 September, 2013 | Melissa Moon
    Police say the man was shot by a homeowner who caught him coming through his bedroom window. (snip) Police say the homeowner heard a noise coming from his bedroom, grabbed his gun and shot a man as he was coming through his window. Police say the burglar tried to run for it, but the homeowner was able to get the drop on him and hold him in the backyard until officers arrived.
  • KS:Police: Man who shot at burglars was protecting himself

    09/30/2013 5:27:22 PM PDT · by marktwain · 4 replies ^ | 30 September, 2013 | Sia Nyorkor
    The resident called 911 around two o'clock Friday afternoon to report the shooting. It happened in the 1000 block of north Firefly, near 119th street West and Central. Police say the resident shot at the door and the alleged burglars drove off. Police caught up with them a short time later and found a 22-year-old with a gun shot wound to the head. Two other 19-year-olds in the car were arrested. Police say the homeowner was protecting himself and will not be charged.
  • New House Bill Wipes Mortgage Fraud Clean For Banksters

    07/17/2013 5:55:08 PM PDT · by Whenifhow · 12 replies ^ | July 17, 2013 | Susanne Posel
    The House Financial Services Committee (HFSC), headed by chair Jeb Hensarling, has approved proposed bill entitled, “Protecting American Taxpayers and Homeowners Act” (PATH) that is being sold to the American public as a way “to create a sustainable housing finance system.” Hensarling explained : “Our plan helps taxpayers and homeowners. It gives power and control back to consumers. Under the current broken system, unaccountable Washington elites have more of a say over who gets a mortgage than your local bank. The current system is a government monopoly run by the same types of Washington bureaucrats who run the IRS. America...
  • Louisiana homeowner fatally shoots armed home intruder, police say

    06/05/2013 1:42:38 PM PDT · by LibWhacker · 21 replies
    Two armed men kicked open the front door or a Lafayette, La., home early Wednesday morning and were greeted by a homeowner who opened fire, killing one of the suspects, police told Many details of the home invasion remain unclear, but police have some of the broad strokes. Cpl. Paul Mouton said the two masked suspects were armed with handguns forced their way into the home. Once inside the home, the suspects exchanged gunfire with the home owner, he said.
  • Obamacare may cost you your home!

    03/05/2013 11:49:38 AM PST · by AuntB · 19 replies
    TheTownCrier ^ | Mar. 5, 2013 | TheTownCrier
    If you are an illegal alien, criminal or other various leeches on our society, this won't concern you. Your health care will be paid for by US CITIZENS and you will never have to pay it back! This concerns the typical US citizen who has worked for decades, followed the rules, sacrificed to pay off his house, or most of it. Buried deep in Obamacare (remember Nancy Pelosi told us we had to pass it to find out what was in it!) is a provision taken from the Budget reconciliation act of 1993, signed into law by Bill Clinton. Often...
  • Local housing specialists join national debate over changes in tax deduction for mortgage holders

    12/11/2012 6:52:48 AM PST · by Hemingway's Ghost · 31 replies
    The Boston Globe ^ | 11 December 2012 | Jenifer B. McKim
    The generous mortgage-interest tax deduction that homeowners have long enjoyed could be diminished or eliminated as part of efforts to reduce the federal deficit, disproportionately hurting Massachusetts and other regions where real estate is especially costly. Proposals to change the deduction include limiting it to the 28 percent tax bracket and lower; converting the deduction to a less generous tax credit; reducing the maximum allowed mortgage balance from $1.1 million to $500,000; and eliminating the benefit for second homes and equity loans, according to the Brookings Institution, a Washington, D.C., nonpartisan think tank.
  • Homeowner who shot burglar gets 5 years in prison

    07/06/2011 8:25:21 PM PDT · by Nachum · 89 replies
    KING 5 News ^ | 7/6/11 | Drew Mikkelsen
    CHEHALIS, Wash. - An Onalaska man who shot and killed a man who he thought was going to rob him will spend more than five years in prison. Lewis County Judge Nelson Hunt sentenced Ronald Brady to the maximum possible sentence, 63 months. A jury found Brady guilty of manslaughter last month. "I think the jury missed this one," said Jack Tipping, a friend of Brady. "This is a great victory for burglars."
  • Study draws link between gun carriers and risky behavior

    06/28/2011 5:23:58 PM PDT · by SJackson · 53 replies ^ | 6-28-11
    As Wisconsin heads toward lifting a ban on carrying concealed weapons, researchers at the University of California-Davis have turned up some unsettling information about those who may take advantage of the law. In a study using 15-year-old data -- the most recent available -- published online in the journal Injury Prevention, the UC Davis Violence Prevention Research Program says those who carried concealed weapons or who had confronted someone with a gun were twice as likely to be heavy drinkers than non-gun owners. Gun owners who drove with loaded weapons were four times more likely to hop behind the wheel...
  • Mortgage buoy sinks some homeowners in Hampton Roads (can't wait for health care)

    08/16/2010 5:26:25 PM PDT · by blueyon · 9 replies
    The Virginia Pilot ^ | 8/16/10 | Josh Brown
    Michele McBeth was not behind on her house payments and never had been. But money was tight for the Norfolk elementary school teacher in 2009. She hadn't seen a raise in years, and her son would soon be starting college. McBeth was looking for any way to relieve some of the strain on her budget, so she contacted her mortgage company to see whether it could lower her payments. The company offered help through the U.S. Treasury Department's Making Home Affordable program, and McBeth signed on to a trial loan modification. Now, almost a year later, McBeth is facing foreclosure.
  • Homeowner wins right to park truck in own driveway

    07/30/2010 6:41:27 AM PDT · by rawhide · 102 replies · 4+ views ^ | 7-28-1- | by Gloria Gomez
    <p>ODESSA, Fla. - It's hard to believe that A.J. Vizzi spent nearly $200,000 defending his right to park his own pickup truck in his own driveway.</p> <p>When he first moved in back in 1997, Vizzi was told that parking his large truck in the driveway wasn't against the subdivision's rules. But years later, the Eagles Masters Association, which governs the entire community, said it did violate their rules and therefore, the truck had to go.</p>
  • IG Report: Obama Homeowner Bailout Program a Bust

    04/21/2010 8:21:39 AM PDT · by Nachum · 12 replies · 494+ views
    human events ^ | 4/21/10 | Connie Hair
    A new report released yesterday (.pdf) by Neil Barofsky, special inspector general for the Troubled Asset Relief Program (TARP) warns that Obama administration efforts to bailout homeowners through the Home Affordable Modification Program (HAMP) are ineffective and will not stem the sweeping tide of foreclosures. The $75 billion HAMP program was created with a promise to bailout 3 to 4 million homeowners in foreclosure, paying lenders to modify troubled mortgages. Foreclosures reached 2.8 million in 2009 and are on track to exceed that total with over 932,000 foreclosures filed in the first three months of 2010, the report found.
  • Homeowner Kills Armed Robber In Driveway Gunfight

    03/16/2010 8:43:02 PM PDT · by VeniVidiVici · 58 replies · 1,594+ views
    WFTV-TV ^ | 3/16/2010 | Staff
    OCOEE, Fla. -- When two gunmen tried to break into an Ocoee house early Tuesday morning, the homeowner pulled out his gun and shot one of the men dead. Another robber ran off after the home invasion on Pomegranate Court. WFTV gathered new information Tuesday afternoon about the shooter and the robber.
  • Rep. Barney Frank: ‘I shouldn’t be a homeowner’ (Still no investigation of the Banking Queen)

    03/10/2010 5:22:52 AM PST · by Libloather · 29 replies · 668+ views
    The Hill ^ | 3/08/10 | Christina Wlkie
    Rep. Barney Frank: ‘I shouldn’t be a homeowner’By Christina Wlkie - 03/08/10 07:57 PM ET The chairman of the House Financial Services Committee wields a gavel with jurisdiction over the nation’s housing industry. But he’s not a homeowner. And he likes it that way. In a speech Friday to three real estate groups, Rep. Barney Frank (D-Mass.) said that despite having owned condominiums before, he prefers to rent his living space. Or spaces, as it were. Frank classified himself as a double renter — he has an apartment in Washington and one in Newton, Mass. “Given my personality and my...
  • Police identify man killed in North Toledo shooting (Press feels sorry for the robber!)

    02/22/2010 6:21:33 PM PST · by greatdefender · 48 replies · 1,271+ views
    Toledo Blade ^ | February 22, 2010
    <p>Toledo police Sunday identified the victim of Saturday night's fatal shooting on Galena Street in North Toledo as Christopher Childress, 21, of North Toledo.</p> <p>Sgt. William Wauford said Mr. Childress was shot once in the chest when he was confronted by the homeowner, whom police declined to immediately identify over "concerns about his safety."</p>
  • Bizarre end to family’s Thanksgiving holiday (Police assist burglars)

    12/01/2009 3:48:26 PM PST · by Navy Patriot · 20 replies · 1,355+ views
    San Mateo Daily Journal (California) ^ | December 1, 2009 | Bill Silverfarb
    Thanksgiving night ended bizarrely for a Redwood City family after a man who thought he was protecting his children against would-be burglars is now facing a chance of misdemeanor charges himself for brandishing a weapon. Edmond and Melissa Zencirci, their three children and Edmond’s mother, were settling down for bed after a long Thanksgiving day, when the family heard a loud bang in the alley on the side of their house. The father of three, dressed only in his underwear, immediately reached for his gun out of the bedroom nightstand and a clip that was stored separately to protect his...
  • Firms are getting billions, but homeowners still in trouble

    10/04/2009 5:59:09 PM PDT · by underthestreetlite · 46 replies · 1,117+ views
    McClatchy Via Yahoo News ^ | Sun Oct 4, 2009 | Chris Adams, McClatchy Newspapers Chris Adams, Mcclatchy Newspapers
    WASHINGTON — The federal government is engaged in a massive mortgage modification program that's on track to send billions in tax dollars to many of the very companies that judges or regulators have cited in recent years for abusive mortgage practices. The firms, called mortgage servicers, have been cited for badgering, manipulating or lying to their customers; sticking them with bogus fees, or improperly foreclosing on them. Mortgage servicers are the middlemen between homeowners and the investors that hold their mortgages, collecting homeowners' checks and disbursing payments for the mortgages, property tax and insurance. They're a necessary player for any...
  • Couple Fights Back Against Home Invaders

    06/24/2009 7:50:02 AM PDT · by VeniVidiVici · 51 replies · 1,787+ views
    WFTV-TV ^ | 6/24/2009 | Staff
    LEE COUNTY, Fla. -- A couple fought back against two bold intruders in their Lee County Home. The homeowner and his fiancee, a retired coast guard officer and a former maximum security prison guard, said they woke up in their home early Monday morning to find a gun pointed in their faces. The couple took action and fought back against the two intruders. The homeowner even managed to get the crook's gun. "At that point I was going to take his life and he begged for his life, ''I don't want to die, I don't want to die, please don't...
  • Masked Man Shot Dead Trying To Break Into Home

    06/19/2009 6:53:29 PM PDT · by VeniVidiVici · 54 replies · 2,425+ views
    WFTV-TV ^ | 06/19/2009 | Staff
    SEMINOLE COUNTY, Fla. -- A man was shot and killed outside a home near Altamonte Springs early Friday morning. Deputies say he was trying to break into a home on S. Magnolia Avenue when someone inside shot him. Investigators say at approximately 4:00am on Friday, a woman was awakened by a loud, pounding sound coming from the front door of her home. She woke up her husband to let him know what she heard and asked him to go check on what was happening. "Yes someone's just tried to break down my front door," said the caller to the 911...
  • Responsible Homeowner Revolt

    02/19/2009 3:29:43 PM PST · by tomnbeverly · 50 replies · 1,709+ views
    Responsible Homeowner Revolt Of 2009 The Tea Party of 2009 Press Release / call to action: Responsible Homeowner Revolt of 2009 Please email to other Responsible Homeowners Starting on April 1, 2009, in a nationwide protest, millions of Responsible Homeowners (HOME OWNERS THAT ACTUALLY PAY THEIR BILLS AND ARE NOT IN FORECLOSURE) are going to withhold their mortgage payments for the month of April to protest government bailouts of irresponsible homeowners. An estimated 93% of the American Homeowners are current with their mortgage payments. The US Government and the home finance titans Fannie Mae and Freddie Mac want these Responsible...
  • 'Tea Party' call by CNBC analyst Reacts to Obama's economic plans with 'rant' on live TV

    02/19/2009 10:51:39 AM PST · by Sammy67 · 48 replies · 2,660+ views
    WorldNetDaily ^ | 2/19/09 | Jerome R. Corsi
    CNBC's Rick Santelli this morning at the Chicago Mercantile Exchange With tongue only partially in cheek, a CNBC analyst on the floor of the Chicago Mercantile Exchange this morning responded to President Obama's proposed $275 billion deficit-financed homeowner bailout plan and other massive spending measures with a call for a new "tea party." Rick Santelli, in a nearly three-minute rant that drew approving hoots and comments from nearby traders, said the Obama administration's promotion of bad behavior must be causing the founding fathers to roll over in their graves. "We're thinking of having a Chicago Tea Party in July," Santelli...
  • Naked Homeowner KO’s Burglar (will make you smile)

    01/27/2009 4:30:27 PM PST · by MrPiper · 19 replies · 1,662+ views ^ | Tue, January 27, 2009 | Jamie Burch
    The 6'3", 285 pound homeowner hit Jenkins in the face. Jenkins fell to the floor and layed there, bleeding from the mouth, until deputies arrived.
  • Homeowner shoots burglar who attacked him

    01/24/2009 6:17:26 AM PST · by marktwain · 7 replies · 260+ views
    Cleveland Gun Rights Examiner ^ | 23 January, 2009 | Daniel White
    Yesterday, a Springfield, Ohio man noticed his garage door was open when it shouldn't have been. When he armed himself and went to investigate, he was attacked by the burglar. As the burglar landed a blow, the resident fired a shot and struck his assailant who escaped. Fortunately, the homeowner was able to protect himself from a violent criminal attack. We can only speculate what might have happened had he not been armed. Would the burglar simply have knocked him down? Or would he have decided to eliminate a witness? Fortunately, we don't have to find out. This is exactly...
  • Sheriff: Murder suspect is illegal immigrant

    12/17/2008 11:51:37 AM PST · by HollyButler · 33 replies · 1,267+ views
    FayObserver ^ | December 17, 2008 | A staff report
    Investigators say they believe 64-year-old Paulette Locklear was beaten to death outside her home Tuesday afternoon after confronting a man who was trying to break in. Julio Cesar Ramos, 45, is charged with first-degree murder in Locklear’s death. Ramos, who is from Honduras, has been deported from the U.S. several times and is in the country illegally, said Debbie Tanna, spokeswoman for the Cumberland County Sheriff’s Office. Ramos told investigators he is homeless and unemployed., Tanna said. Cumberland County sheriff’s deputies responded to Locklear’s home on the 1200 block of Wilmington Road after she called 911 Tuesday afternoon to report...
  • McCain Campaign Seeks Input From Public On "Homeowner Resurgence Plan"

    10/11/2008 9:26:26 AM PDT · by 07Jack · 76 replies · 2,289+ views
    John ^ | 10/11/08 | 07Jack
    The McCain-Palin website now has a page soliciting "thoughts" on his "Homeowner Resurgence Plan." Here is the link:
  • Is it time to end subsidy to housing and building market?

    09/28/2008 5:44:39 PM PDT · by shoedog · 17 replies · 425+ views
    Current news | 9/28/2008 | Self
    Most everybody here rails against the Farm Bill, Corporate welfare etc.. However the one industry that has always enjoyed a tax break is the housing and mortgage industry. Why should home owners (of which I am one) get relief for their mortgage payment, but renters get no relief? Is that not the same as a marriage tax, inheritance tax, basically behavior driven tax relief. I understand that home ownership is a major driver for the economy, and in many people's minds, it brings some ingrained satisfaction that you are accomplishing the American Dream. However, there are many people that should...
  • We're All Homeowners: Nationalization of Fannie, Freddie Unavoidable

    07/10/2008 9:33:59 AM PDT · by BGHater · 52 replies · 281+ views
    Yahoo ^ | 09 July 2008 | Aaron Task
    Fears about Fannie Mae and Freddie Mac retreated somewhat Tuesday after their federal regulator, OFHEO Director James Lockhart, said new accounting rule changes should make "no difference in the risks of the two firms."On Monday, Freddie and Fannie shares plummeted after a Lehman Brothers analyst said a new FASB rule could require the two firms to write-down as much as $75 billion.Rather than the accounting rules, what's really got investors spooked is a growing realization the government will have to nationalize Fannie and Freddie, says Kevin Depew, executive editor of two mortgage lenders are simply too big to fail...
  • McCain defends homeowner plan

    04/11/2008 5:39:30 PM PDT · by NormsRevenge · 33 replies · 125+ views
    AP on Yahoo ^ | 4/11/08 | AP
    LUBBOCK, Texas - Republican John McCain defended his latest plan to help some homeowners pay their mortgages, saying Friday it was not a reversal of his earlier opposition to aggressive intervention by the government. The likely Republican presidential nominee on Thursday proposed to help 200,000 to 400,000 homeowners trade burdensome mortgages for manageable loans, a plan that would cost $3 billion to $10 billion. Democratic rivals Sens. Hillary Rodham Clinton and Barack Obama argued that McCain was flip-flopping. Last month, he said he preferred only limited intervention and letting market forces play out, drawing criticism from Democrats and some Republicans...
  • Owner of vandalized home cited for assault of abatement worker removing racist words on garage

    03/20/2008 9:35:47 AM PDT · by swampdweller · 37 replies · 1,798+ views
    AP ^ | 3-19-08
    ARLINGTON, Texas (AP) - The owner of a home vandalized with a spray-painted racial slur was cited for assault Wednesday after police said he pushed a city worker who was removing the graffiti. A 43-year-old graffiti abatement worker was trying to get rid of the bright red paint on the home's white garage doors when Broderick Gamble interfered. An officer stationed nearby saw Gamble assault the woman, said Lt. Blake Miller, a spokesman for Arlington police. Gamble was accused of assault by bodily contact, police said. He faces a $500 fine. Gamble disputed the account, telling Dallas-Fort Worth television station...
  • Home Equity Falls Below 50 Percent

    03/06/2008 9:36:15 AM PST · by Toddsterpatriot · 48 replies · 242+ views
    Yahoo! Finance ^ | March 6, 2008
    Federal Reserve Report Shows Homeowner Equity Dipping Below 50 Percent, Lowest on Record NEW YORK (AP) -- Americans' percentage of equity in their homes has fallen below 50 percent for the first time on record since 1945, the Federal Reserve said Thursday. Homeowners' percentage of equity slipped to a revised lower 49.6 percent in the second quarter of 2007, the central bank reported in its quarterly U.S. Flow of Funds Accounts, and declined further to 47.9 percent in the fourth quarter -- the third straight quarter it was under 50 percent. That marks the first time homeowners' debt on their...
  • Craig Arrested, Pleads Guilty Following Incident in Airport Restroom

    08/27/2007 2:14:41 PM PDT · by Shermy · 612 replies · 59,633+ views
    Roll Call ^ | August 27, 2007 | John McArdle
    Sen. Larry Craig (R-Idaho) was arrested in June at a Minnesota airport by a plainclothes police officer investigating lewd conduct complaints in a men’s public restroom, according to an arrest report obtained by Roll Call Monday afternoon. Craig’s arrest occurred just after noon on June 11 at Minneapolis-St. Paul International Airport. On Aug. 8, he pleaded guilty to misdemeanor disorderly conduct in the Hennepin County District Court. He paid more than $500 in fines and fees, and a 10-day jail sentence was stayed. He also was given one year of probation with the court that began on Aug. 8. A...
  • No action to be taken against householder over intruder fall

    08/12/2007 7:58:53 AM PDT · by TornadoAlley3 · 18 replies · 931+ views ^ | 08/12/07 | Ryan Davies
    Police said: "The 56-year-old man from Chorlton, who was arrested on suspicion of section 18 assault, has had his bail cancelled and no further action will be taken against him." A householder arrested after a suspected burglar died falling from the top floor window of his flat will have no further action taken against him, police confirmed today. Patrick Walsh, 56, awoke in the early hours of last Monday to find an intruder in his flat on Corkland Road in Chorlton-cum-Hardy, south Manchester. Police said "following an exchange of words", the 43-year-old suspect fell from the fourth floor window on...
  • Homeowner arrested after burglar falls out of a third floor window

    08/08/2007 12:51:27 PM PDT · by LibWhacker · 93 replies · 3,230+ views
    Daily Mail ^ | 8/8/07
    Last updated at 17:58pm on 8th August 2007 A homeowner has been arrested and quizzed by police after an intruder he confronted during a burglary fell out of a third floor window. The burglar, 43, was left fighting for his life after he tumbled up to 40 feet when he was disturbed rifling through through the flat. He is thought to have got up and tried to run off but collapsed on the pavement. Police, who received a 999 call, found him unconscious on the ground outside the smart Victorian appartment block in Chorlton-cum-Hardy, Manchester. The burglar fell from this...
  • Archaeologist, Homeowner At Odds Over Spear Point

    03/29/2007 1:45:36 PM PDT · by blam · 83 replies · 415+ views
    Malibu Times ^ | 3-28-2007 | Melonie Magruder
    Archeologist, homeowner at odds over spear point Wednesday, March 28, 2007 This Clovis spearhead is believed to be 11,000 years old. A find of an 11,000-year-old Clovis spearhead has an archeologist up in arms because the owner of the site does not want any further research conducted. By Melonie Magruder / Special to The Malibu Times The discovery of a Clovis spearhead, believed to be thousands of years old, at a local home construction site has the homeowner and an archeologist at odds on what should be done with the site. The property owner wants to finish her home and...
  • Police: Homeowner Shoots Burglary Suspect (FL)

    01/17/2007 8:21:52 AM PST · by highimpact · 16 replies · 873+ views ^ | 1/17/07 | Staff
    DAYTONA BEACH, Fla. -- A man accused of breaking into a Daytona Beach home was shot by the homeowner Tuesday night, according to police. Thomas Lockhard, 28, is in critical condition at Halifax Medical Center after being shot just after 10 p.m. at a house on Orange Avenue in Daytona Beach. Police said they responded to a 911 call from the homeowner, whose house had already been burglarized three times this week, and found Lockhard suffering from a bullet wound. "This kid, who is known to the guy who's already filed three police reports, tells him he's going to kill...
  • Law Says Homeowner Groups Can't Bar Flag Flying

    07/25/2006 10:09:43 AM PDT · by Stoat · 46 replies · 1,425+ views
    Local 6 (Florida) ^ | July 25, 2006
    Law Says Homeowner Groups Can't Bar Flag Flying   POSTED: 11:09 am EDT July 25, 2006 UPDATED: 12:25 pm EDT July 25, 2006   WASHINGTON -- President George W. Bush signed a bill on Monday that would bar condominium and homeowner associations from restricting how the American flag can be displayed. Sponsored by Rep. Roscoe Bartlett, R-Md., the resolution would prohibit those groups from preventing residents from displaying an American flag on their own property. It was passed unanimously by both the House and the Senate.   "Americans have long flown our flag as an expression of their appreciation...