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Articles tagged with: Arkansas Attorney General

Business, Features and such, News »

[13 Dec 2010 | 5 Comments | 3,176 views]
Looking for work? Here are some local resources that might help

As anyone who has been paying attention is well aware, the economy is still a mess.
The Arkansas Department of Workforce Services reported the unemployment rate was 7.8 percent in October — up slightly over the 7.7 percent rate in September and up from 7.5 percent a year ago. Meanwhile, the national unemployment rate was 9.6 percent — down from 10.1 percent a year ago.
In short, Arkansas’ civilian workforce totals 1.34 million and 104,800 of those able-bodied employees are looking for jobs.
Beverly Smith, co-owner of Career Staffing Services (CSS) in North …

Commentary, Politics »

[5 Dec 2010 | 8 Comments | 3,969 views]
The latest confusing foreclosure news

Trying to keep up with what’s happening with foreclosures around the nation is confusing, indeed.
At the end of November, Fannie Mae and Freddie Mac – the government-sponsored enterprises which underwrite the bulk of mortgages in the United States – told real estate agents to resume with sales of foreclosed properties. That was a significant announcement as Fannie and Freddie had about 240,000 properties set for foreclosure at the end of September.
Concerns over the adequacy of paperwork filed in foreclosure actions, however, caused Fannie and Freddie to order a halt to …

Business, News »

[2 Nov 2010 | One Comment | 1,534 views]
The cure for those credit score blues?

Stan Morris, founder of Credit Care in Piggott, has spent the past few years developing a system through which people can improve their credit scores.
He’s only been touting his method for a couple of months and his work in that area may well be timely. Why? Arkansas Attorney General Dustin McDaniel reported that Arkansans have the lowest credit scores in the nation.
McDaniel, citing a survey, stated in a news release that the average credit score of American consumers is 666 (keep those “number of the beast” jokes to yourselves) while …

Business, News, Real Estate »

[23 Oct 2010 | 2 Comments | 1,771 views]
Foreclosure can be costly

Earlier this month, the attorneys general throughout the nation announced they are investigating foreclosure practices.
Why? There have been questions raised about the adequacy of paperwork filed in foreclosures and whether lenders have done what is required of them – giving people some time to make good on their payments after their loans go into default. Also, the attorneys general are taking a look at the process through which a mortgage is transferred from a lender to a secondary servicer that buys loans and collects on them.
Deputy Arkansas Attorney General Jim …

Business, News, Real Estate »

[15 Oct 2010 | 13 Comments | 3,171 views]
Take that foreclosure notice seriously

Unless you’ve been completely out of contact with the various media outlets throughout the United States, you’ve heard that attorneys general in all 50 states and banking regulators in 30 states launched an investigation into foreclosure practices.
Click the aforementioned link for more details, but the long and short of it is this — there are some serious questions about the adequacy of paperwork filed in foreclosure actions around the nation. There have been questions in some extreme case over the ability to bring a legitimate foreclosure action at all due …

Business, Features and such, Legal, News, Politics, Real Estate »

[13 Oct 2010 | One Comment | 3,135 views]
Attorneys general investigating foreclosure practices

We’ve talked about problems with foreclosures at First Arkansas News before and we’re doing it again.
Just this morning, Arkansas Attorney General Dustin McDaniel announced that he is joining the other 49 attorneys general in a nationwide investigation of foreclosure practices. Meanwhile, banking regulators in 30 states are also investigating foreclosures.
McDaniel’s announcement came hot on the heels of Bank of America’s decision to halt foreclosures across the nation until it completes an investigation of its own. Ally Financial Inc.’s GMAC Mortgage Unit and JPMorgan Chase & Co are also taking a …

Features and such, Legal »

[16 Jul 2010 | 4 Comments | 5,303 views]
Scam alert — sleazy debt collectors on the loose

Here’s one for the “how dare you” files.
About a decade ago, my wife and I ran out of money. We got behind on a few bills but did manage to muddle through and pay them off. One of those bills was for $260 to Southwestern Bell — yes, we did get the phone bill paid, albeit a bit late.
Flash forward to 2010 — I got a call this morning from a guy at some company (can’t remember the name) that said he was collecting that particular Southwestern Bell debt. I …

Commentary, Politics »

[25 May 2010 | No Comment | 2,800 views]
We’re late to the party, but here’s our take on ‘robocalls’

A lawyer friend of mine called the other day and he was irate about those automated phone calls that he’s received lately.
His point was this —  “robocalls” from politicians are prohibited under Ark. Code Ann. 5-63-204, so why are voters annoyed with them?
That question has been answered by a couple of other publications here in the Natural State (more on that in a minute), but I’ll go ahead and beat that dead horse, anyway. Why? Because those automated calls aggravate the dickens out of me so I might as well …