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Springfield approves tough anti-foreclosure laws
The Springfield City Council has passed what advocates are calling the toughest municipal anti-foreclosure legislation in the country.New-home sales fall, 2011 could be worst year yet
The number of people who bought new homes fell for the third straight month in July, putting sales on track to finish this year as the worst on records dating back half a century.FDIC: Number of problem banks fell to 865 in Q2
The Federal Deposit Insurance Corp. says there were 865 banks on its confidential "problem" list in the April-June quarter, or roughly 11.5 percent of all federally insured banks. That was down from 888 in the January-March quarter, the first decline since mid-2006. Those are banks considered to have low capital cushions against risk.Creating a Culture of Compliance
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