EchoStar removes going concern disclosure, but DirecTV deal in jeopardy lightreading.com
The Ten Airports with the Fastest Free Wi-Fi Are telecompetitor.com
Record labels unhappy with court win, say ISP should pay more for user piracy arstechnica.com
How Italy became an unexpected spyware hub therecord.media
Amazon is shutting down Freevee, its free, ad-supported streaming service launched in 2019 under the IMDb brand, and plans to move the content to Prime Video variety.com
Netflix's ad-supported tier hits 70 million users, nearly doubling from about six months earlier thehindu.com
read comment(s)

The U.S. 50 bridge over Blue Mesa Reservoir closed in April after state and federal transportation officials discovered cracks in the steel supports. 

As a growing population financed more costly purchases, total debt rose. But income rose even faster in recent quarters. By Wolf Richter for WOLF STREET. Total household debt outstanding ticked up by $71 billion in Q3, or by 0.57%, from Q2, to $17.9 trillion, according to the Household Debt and…

The Institute for Fiscal Studies says 30% of London's youth clubs closed between 2010 and 2019.

If the PCs are to hold or even grow their majority this election, Hants West is one of the seats they need to win again. The district is also emblematic of some key markings of the Houston government’s first term.

The Sandiganbayan has acquitted former Food and Drug Administration chief Nela Charade Puno of graft, which stemmed from a raid and closure by the FDA of a pharmacy and wellness center in Tarlac.

A union representing Post Office staff has lashed out at proposals that could result in 115 branch closures and significantly more than 1,000 workers losing their jobs, by describing them as "immoral".

Bank of Shorewood, Shorewood, Illinois, was closed today by the Illinois Department of Financial and Professional Regulation - Division of Banking, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver.Bank Closure:Heartland Bank and Trust Company, Bloomington, Illinois, Assumes All of the Deposits of Bank of Shorewood, Shorewood, Illinois

I threw together a widget for testing out Google's Closure JavaScript minifier. It's pretty crude (e.g., it's big and doesn't resize), but I thought I'd throw it out there in case someone finds it helpful.

New in Version 1.0:

- Initial public release

A bank or mortgage company forecloses on a property. After a few months of legal hassles, the lender finally gets clear title to the property and hires a local real estate agent. Of course, the lender, at this point, wants to try and recover almost all of the money lent on the property.

6 months or a year go by and this period is full of price reductions and repairs to the property. The property may have been vandalized, lived in by squatters, had new carpet and paint, even had new landscaping. The problem is usually that the lender refuses to set the price where it should be so the property, although shown many times, continues to sit on the market.

There is a hidden time limit for this lender. Does anyone know how long it is? How long can the lender keep a non-performing asset on its' books? How long can the property be an REO? We aren't talking about government foreclosures here (FHA and VA loans), the government can keep them forever. We are talking about bank or lender owned foreclosures.

I have a done a little research and it appears that the time limit that a private lender can keep an REO on its' books is 2 years plus or minus a little.

The questions is... What happens to the house or property AFTER the statutory time period has expired and the lender is forced to "get rid of the property at any price"?

Unfortunately, researching this topic has produced very little in the way of usable results. However, I did happen upon a few references to something called The REO Black Hole List. Apparently there really is a place that lenders can "dump" their old REO inventory as a last measure. And, they dump them at dirt cheap prices - usually for thess than lot value.

My research has found that there appears to be a handful of asset managers, companies that buy these old REO properties in bulk, that lenders turn to when they absolutely must liquidate the non-performing assets. These asset managing companies turn around and sell, in bulk, to a "secret" list of private, seasoned investors who actually purchase 50 to 100 to 400 houses at a time.

And guess what? These investors are able to purchase these homes, on average, for $2350 to $5000 per house! I kid you not. I actually spoke to an investor who bought around 182 houses direct from Fannie Mae for $400,000. You do the math. That is under $2500 per house.

The thing about this kind of setup is that the investor must buy all of the homes in a package - whether they are vacant lots, burnouts, or condemned. AND - they are not in one location but spread out all over the country. That's why the average price per home is so cheap...to spread the risk. But, these homes have all been in an MLS system somewhere - they were all REO properties at one time - so there is a way to find the market value pretty easily: Call a local agent!

AND since the investor may live in Maine or south Florida, he or she will also call a local agent to list these properties. They usually pay a high commission because the price will be low and because they have very little invested in the house. Does anyone have any experience with these types of investors? Or - if you know a local investor, would they be interested in this kind of "bulk buying"?

One other little tidbit I found out: a lot of the packages that these asset managers sell consist of only 10 or 20 homes. Think about that. You could buy 10 homes for $30,000 or $40,000. While some of them may not be the jewels you would want, several of them will always be great fix and flip homes that will sell for as much as you paid for the entire package.

Again, little information can be found on this "underground network" and the only place I could get any information was at this REO site. I know it exists. If you know how to get on this list or how to get in touch with the investors that participate, please post it! If you are in Ohio and I am in Alabama, we are not competing against each other!

A NYS Licensed Real Estate Broker shows you How to Buy Foreclosures!

Proven real estate investing course specializing in foreclosures and pre-forclosures.

NHS Highland and Highland Council say they are progressing towards taking over Moss Park.

The Waverley Gate call centre will cease operations in December before the building closes in March 2025.

More than 30 public toilets in Ceredigion could close to cut costs.

The boss of Britain's biggest pubs group urges the chancellor to extend business rates relief.

Access from the bridge to some platforms has been closed on a trial basis.

The local Wildlife Trust says "extreme flooding" has meant a setback to the project.

Brighton & Hove City Council says immediate action was taken because of fire safety risks.

Business future uncertain; Georgia Stone reports.

People react to proposals to shut an "expensive" visitor centre in a seaside town.

Previous academic and popular literature has raised important debates concerning the contradictory incentives of international firms to reduce their environmental impacts and offer transparent environmental information about their operations. As an exhaustive review of this literature reveals mixed and partial evidence, we compared the individual corporate environmental performance and disclosure of the 100 most international non-financial firms in the world to those of 16,023 firms in their industries and a group of matched pairs of firms for three different years. Our results show that although the top international firms have a much better record of environmental disclosure than the firms within their industries and the matched pairs, the top international firms also show worse environmental performance than their peers. The results suggest that the top international firms seek legitimation for their environmental activities by means of voluntary disclosure.

Meeting code without sacrificing design

The 2024 IIBEC/OBEC BES — the fall’s premier building enclosure industry event — wrapped on Oct. 1. Nearly 350 attendees were on hand to experience 21 education sessions, interact with 35 exhibitors and network with like-minded colleagues.

Custom engraving is available for most metal and plastic products, including LYNN’s popular TheNID, SlimFIT, and HyperDrop lines.

DeKalb, IL — Could altering the language on disability disclosure forms encourage more workers to disclose their conditions? A recent study explored this idea.

Washington – The House of Representatives has voted to block the so-called “blacklisting” rule that sought to force federal contractors to disclose previous labor-law violations.

Washington – After a narrow vote in the Senate, the so-called “blacklisting” rule that sought to force federal contractors to disclose previous labor-law violations is all but eliminated.

ABSTRACT Background Parents often perceive the news that their child has cerebral palsy (CP) as overwhelming and shocking. They are at increased risk of parental stress and mental health problems, which in turn can affect the interaction between the parent and the child. Parental mental health outcomes are known to be affected by the process […]

The post Exploring Parents’ Experiences and Needs During Disclosure of a Cerebral Palsy Diagnosis of Their Young Child: A Scoping Review was curated by information for practice.

Proper disclosure of a cyber-incident can help shield your business from further financial and reputational damage, and cyber-insurers can step in to help

The Garden will close at 2pm today. 

The Garden will close at 1pm today. 

The Garden is closing at 2pm today. 

As plastic caps and closures rise in demand, companies continue to innovate, improving on the performance and sustainability of beverage packaging, driving more adoption of recyclability and reusability.

Beverage-makers are reaching sustainability goals as suppliers direct innovations for tabs, ends and closures with these aspects in mind. 

Alpek Polyester offers CaPETall, a sustainable solution that allows for PET to be used in caps and closures to achieve a 100% PET packaging solution.

Embracing Originality: JayQ the Legend Champions Creative Expression Amid the AI Era

SB 253 and SB 261 require companies that "do business in California" and meet certain thresholds to disclose their greenhouse gas emissions and other climate-related financial risks

You have rights, and even though you are going through some difficulties, a foreclosure lawyer can help.

Internationally recognized mortgage fraud investigation firm MFI-Miami has teamed up with the Weiss Ortiz law firm to create the ultimate Chicagoland foreclosure defense team to fight Chicagoland foreclosures. Call 888.737.6344 to learn more!

"I am grateful for years of support from students, staff, and supporters."

US SIF: The Sustainable Investment Forum released a statement regarding the Securities and Exchange Commission (SEC) final rule on climate risk disclosure

Luvme Hair, a leading brandin the human hair industry, is proud to highlight the exceptional durability and quality of its Bundles with Closure

Wednesday, December 11 at 11:00 am CT Remain in compliance with both Section 1071 and the Home Mortgage Disclosure Act with an efficient application process. While financial institutions are correctly concerned about how Section 1071 implementation will impact their processes, don’t miss this HMDA refresher to help prepare for the March 1st reporting deadline. As...

The post WEBINAR | Home Mortgage Disclosure Act Refresher – Including What Reporters Must Know Prior to Section 1071 Implementation  appeared first on Anders CPA.

A divided West Virginia Supreme Court upheld the closure of a worker’s claim for temporary total disability benefits and the denial of his request to expand the scope of his…

The Texas Department of Insurance said it closed seven Division of Workers’ Compensation field offices along the Gulf Coast in response to Hurricane Beryl. The department said it closed both field…

The Washington Court of Appeals upheld a decision closing a worker’s claim and denying her further treatment. Case: Creighton v. United Airlines Inc., No. 58293-7-II, 08/27/2024, unpublished. Facts: Tamra Creighton worked for…

"Work Comp Matters" - the central location for all your workers' compensation, employment and labor law matters. Steve Appell hosts this weekly podcast from sunny southern California - presenting some…