An Occupy movement with a difference?

An Occupy movement with a difference?
We fear an even greater increase in homelessness, not only because of the recession which continues to cause home repossessions and low economic growth which is leading to increased unemployment, but also because of the government's welfare reform …
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Three-track approach could ease mortgage nightmare
From the perspective of the banks, it is more commercially viable to keep a distressed borrower in their home and repaying at least some debt than repossessing a house that cannot be sold and costs money to maintain. “Banks are rarely the best people …
Read more on Irish Times

Those who made hay in boom got plum Nama jobs
Just who is working in Nama's property field? Mark Keenan puts 10 of the bad bank's names under the spotlight The demand from the developers was as bold as brass: The Taoiseach should ensure that two thirds of NAMA jobs be provided to those with …
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You can get anything on eBay! 700-year-old mill is put up for sale on auction
Mike Kilgannon put the property in Rossett, north Wales, for sale for a knock-down price of £1.25million in the hope of conducting a quick deal. Having been told his historic home would be the subject of a repossession order if he failed to make a …
Read more on Daily Mail

US protesters gather to occupy Congress

US protesters gather to occupy Congress
That is what Occupy means, she points out, adding, “confrontation, taking over, and repossession, including democratic processes.” Let many flowers bloom and the meadow will be that much richer, says New York activist and filmmaker David Intrator, …
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Blaze at Melville House
A few years ago it became Scotland's most expensive repossession when it failed to meet the then-owner's £4.5 million asking price. It was then bought for a knock-down fee in 2009 by a Mr and Mrs Harvey. The fire at Melville House , by Letham .
Read more on Fife Today

Used-car leases lucrative for dealers, but not customers
… repossession is a snap because the dealer still owns the car. And lease terms, unlike auto-loan payments, cannot be reduced by a Bankruptcy Court judge. These benefits have led thousands of used-car dealers, including many in the lucrative in-house …
Read more on Los Angeles Times