Black Knight: Delinquencies Up, Foreclosure Starts Down In July

Livinglies's Weblog

Black Knight: Delinquencies Up, Foreclosure Starts Down In July

he mortgage delinquency rate in July was about 4.51%, an increase of 4.78% compared with June but a decrease of 3.38% compared with July 2015, according to Black Knight Financial Services’ “First Look” report.

About 2.286 million mortgages were 30 days or more past due, but not in foreclosure, in July – an increase of about 108,000 compared with June but a decrease of about 70,000 compared with July 2015.

About 695,000 mortgages were 90 days or more past due, but not in foreclosure – an increase of about 3,000 compared with June but a decrease of about 147,000 compared with a year earlier.

Based on its historical data, Black Knight is forecasting that the delinquency rate is likely to decrease in August.

There were about 61,300 foreclosure starts in July – a decrease of 11.54% compared with June and…

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Randi’s Statement on Latest Vergara Decision

Diane Ravitch's blog

This just in:

WASHINGTON—American Federation of Teachers President Randi Weingarten on the California Supreme Court’s decision to reject the plaintiffs’ petition for review in Vergara v. California.

“I am relieved by the court’s decision declining an appeal of the unanimous California Court of Appeal ruling upholding California educators’ due process rights. The billionaire-funded attack, from its inception, tried to pit our children against their teachers—people who make a difference in our children’s lives every day—rather than understand and solve the real problems ailing public education. Now that this chapter is closed, we must embrace our shared responsibility to help disadvantaged kids by supporting them so they can reach their full potential. While that starts with teachers, it also means providing programs and services that engage students and address their well-being.

“I hope this decision closes the book on the flawed and divisive argument that links educators’ workplace protections with student…

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Malian radical begs forgiveness for ‘evil’ Timbuktu attacks

The Muslim Times

Ahmad Al Faqi Al Mahdi, a member of Mali’s Ansar Dine Islamist group appears before the International Criminal Court in The Hague on Monday at the start of his trial on charges of involvement in the destruction of historic mausoleums in the Malian desert city of Timbuktu. (AFP)
This file image grab photo taken on July 01, 2012 shows Islamist militants destroying an ancient shrine in Timbuktu. Ansar Dine Islamist group leader Ahmad Al Faqi Al Mahdi said what he and his co-terrorists did was an “evil” act that he regrets. (AFP)

THE HAGUE, Netherlands: A Malian radical asked for forgiveness as he pleaded guilty Monday to the 2012 attacks on the fabled city of Timbuktu, and urged Muslims not to follow such “evil” ways at his unprecedented war crimes trial.
“Your honor, regrettably I…

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The True Story Of How War Broke Out In Syria

The Muslim Times

Tyler Durden's picture

Submitted by Steven Sahiounie via American Herald Tribune,

The day before September 11, 2001 was like any normal day in New York City.  September 10, 2001 was unaware of the earthshaking events which would happen the next day.

Similarly, one might think the day before the violence broke out in Deraa, Syria in March 2011 would have been an uneventful day, unaware of the uprising about to begin.

But, that was not the case.  Deraa was teaming with activity and foreign visitors to Syria well before the staged uprising began its opening act.

The Omari Mosque was the scene of backstage preparations, costume changes and rehearsals.  The Libyan terrorists, fresh from the battlefield of the US-NATO   regime change  attack on Libya, were in Deraa well ahead of the March 2011 uprising violence.  The cleric of the Omari Mosque was Sheikh Ahmad al Sayasneh …

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Affected Indiana Residents Could be Awarded $2 Million in Foreclosure Abuse Settlement

Livinglies's Weblog

Indiana residents should be on the lookout for mailed notices coming this month that provide instructions on how to claim reimbursements from the state of Indiana’s $470 million federal-state settlement with mortgage lender and servicer, HSBC.

Indiana Attorney General Greg Zoeller says Hoosiers can claim $2 million in reimbursements from the settlement for foreclosure abuses starting August 24.

The settlement was announced in February and it addresses foreclosure abuses by HSBC during the financial crisis.

An estimated 2,810 Indiana borrowers lost their homes from 2008-2012 and encountered servicing abuses by HSBC. Those 2,810 people are eligible for reimbursements. Individual payments will start at $780 and total reimbursement statewide could exceed $2 million.

Attorney General Zoeller says, “Many Hoosiers still feel the impact of the financial crisis, which was exacerbated by abuses and unethical practices in the mortgage lending and servicing industry.”

A postcard notice will be sent informing people…

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BREAKING NEWS: Teachers Win Vergara Case, California Supreme Court Won’t Hear Appeal!


Diane Ravitch's blog

In a big win for teachers and their unions, the California Supreme Court refused to hear an appeal from a lower court ruling. The vote was 4-3. See the report in the LA School Report (controlled by Campbell Brown and The 74) here.

The initial decision had over-ruled state laws that protected teacher tenure and seniority. That decision by Judge Rolf Treu was overturned on appeal by a unanimous three-judge court. The state supreme court let stand the last decision.

Howard Blume of the Los Angeles Times reports:

In a major victory for teachers unions, the California Supreme Court has let stand a ruling that preserves traditional teacher job protections such as tenure and seniority-based layoffs.

In refusing to hear the case, the state’s high court sided not only with unions, but also the state of California and others, who contended that these job protections are both constitutional and reasonable.

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HIT LIST: Yitzhak Rabin’s son warns Donald Trump, Same kind of ‘incitement’ spurred murder of my father


Source –

“…More than one commentator in Israel and the U.S. has pointed to the parallels between Israel in the 1990s and the U.S. today…Yuval Rabin went on to argue in his piece that Trump’s words are “a threat to American democracy.”…“It is not my place to make this claim,” he wrote. “But I have been touched by political violence, and have witnessed the environment that led to at least one person to believe such violence was called for”:

(Yitzhak Rabin’s son warns Donald Trump: Same kind of ‘incitement’ spurred murder of my father – By Ian Greenhalgh)

Yuval Rabin is right, the presidential campaign of Donald Trump has been an ugly thing to behold, replete with hate-filled rhetoric against Mexicans, Muslims, foreigners and whoever else his handlers tell him to insult and offend.

Since the death of his father, Yitzhak Rabin, Israel has been on an ever-deepening downward…

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BIG PHARMA: ‘Exposing the Big Lie’, ‘We’re in Business of Shareholder Profit, Not Helping the Sick’ – Big Pharma CEO


Source –

“…The political corruption that enables and enforces this sick, exploitive system is equally obvious and well-documented. Sir Angus Deaton, recipient of the 2015 Nobel Prize in economics, recently summarized the innate corruption of the American status quo in a Scientific American article (Sept. 2016 issue): How Inequality Threatens Civil Society: A spiral of slow growth and rent-seeking by powerful interests pose a danger to democracy”:

(Our Society Is Sick, Our Economy Exploitive and our Politics Corrupt – By  Charles Hugh-Smith)

Any society that tolerates this systemic exploitation and corruption as “business as usual” is not just sick–it’s hopeless.

In noting that our society is sick, our economy exploitive and our politics corrupt, I’m not saying anything you didn’t already know. Everyone who isn’t being paid to deny the obvious in public (while fuming helplessly about the phony cheerleading in private) knows that our…

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VOODOO ECONOMICS: Exploiting the World’s Indigenous People Is a Violent, For-Profit Enterprise – By Elika Ansari


Source –

“…Over a hundred indigenous men and women garbed in traditional dress marched in Baguio city, Philippines, in protest of the dangers they continue to face, including through extrajudicial killings and illicit land grabs by corporate and governmental forces”:

(Exploiting the World’s Indigenous People Is a Violent, For-Profit Enterprise – By Elika Ansari)

August 9th, 2016 marked the 12th International Day of the World’s Indigenous People — a day pronounced by the U.N. to promote the rights of the indigenous peoples of the world, while also celebrating their contributions to environmental protection.

Meanwhile over a hundred indigenous men and women garbed in traditional dress marched in Baguio city, Philippines, in protest of the dangers they continue to face, including through extrajudicial killings and illicit land grabs by corporate and governmental forces.

According to International Federation for Human Rights, land disputes and forced evictions affecting local communities…

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North Korea threatens nuclear attacks on Seoul, Washington

The Muslim Times

Source: Asia Times:

The extreme rhetoric from Pyongyang comes at a time of high tension following the defection of a senior North Korean diplomat and a US plan to place a high-tech defence missile system in South Korea. The North’s military said that it will turn Seoul and Washington into “a heap of ashes through a Korean-style pre-emptive nuclear strike” if they show any signs of aggression toward the North’s territory.

The North’s “first-strike” units are ready to mount retaliatory attacks on South Korean and US forces involved in the drills, according to the warning carried by Pyongyang’s state media.


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