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Woman Arrested After Threatening Black Friday Shoppers With Gun

November 27, 2010 by Real Estate Investor Comments Off
Ayinde O. Chase – AHN News Editor

Madison, WI, United States (AHN) – A Wisconsin woman was arrested Thursday night after she threatened to shoot waiting Black Friday shoppers outside a Toys R Us.

The 21-year-old sparked the confrontation by initially trying to cut in line outside the store. Hundreds of people were already waiting to enter the store, which was slated to open at 10 p.m.

Shoppers tried to prevent her from cutting ahead of them and she responded by saying she was going to get a gun and shoot them.

When cops arrived,no weapon was found but she was arrested on a tentative charge of disorderly conduct and taken to the Dane County Jail

“She’s now spending her shopping money to post bond,” said Madison Police Sgt. Erik Fuhremann.

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Report: Agent Scott Boras’ Company Allegedly Made Loans To Prospects

November 24, 2010 by Real Estate Investor Comments Off
John Nestor – AHN Sports Correspondent

NY, NY, United States (AHN) – According to a report Tuesday by the New York Times, baseball agent Scott Boras’ company allegedly handed out thousands of dollars in loans to the families of prospects from the Dominican Republic.

The Times report said the loans could mean that Boras or his company may have broke Major League Baseball Players Association rules.

The Times said that Boras issued a statement that acknowledged his company had “aided” players and families in the past, but he did not address whether loans were made.A

According to the report, loans of more than $500 per year made by agents to players and their families are forbidden unless the reason for the loan is revealed to the union.

A spokesman for the players’ association declined to comment in the report.

“This is a serious issue that raises concerns about the business practices of agents who have played a prominent role in the game,” a spokesman for Major League Baseball said in a written statement to The Times.

Domingo Ramos told The Times that the company typically represented a few top Dominican prospects each year and made loans to a majority of them. The money was usually used for food, housing and other needs, he said.

Ramos is a former big league player who works for Boras’ company.

“Sometimes we get it back, sometimes we don’t,” Ramos told The Times. “Sometimes, it’s tough to get it back. It’s as simple as that.”

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Survey Indicates 2/3 Of Americans Support Airport Full Body Scanners

November 23, 2010 by Real Estate Investor Comments Off
AHN News Staff

D.C., Washington, United States (AHN) – Despite the recent furor created by strict airport security measures, particularly ivasive passenger searches, a survey released Monday indicated about two-thirds of Americans support the use of new full-body scanners at U.S. gateways.

However, 50 percent of the survey respondents drew the line on pat-downs, which they described as having gone too far. Some groups have labeled the pat-downs as glorified grope sessions.

Homeland Security Secretary Janet Napolitano insisted the new regulations are needed for public safety because of the continued threat against the aviation industry by power and gel smugglers who could use these items as explosives.

Napolitano promised that the Transport Security Administration – which said less than 3 percent of air passengers undergo the pat-downs – would listen to public sentiment and make adjustments if it will not compromise airport security.

Since October 400 full-body scanners had been installed and in use at 70 of 450 American gateways.

Travelers who disagree with the TSA body search methods have initiated an online campaign urging passengers to refuse scanners on Wednesday, when a large number of Americans travel for the Thanksgiving week.

Some travelers plan to show their protest by opting for the slower pat-downs instead of passing through the full-body scanners considered as too invasive.

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Loan Modifications Are Working For Areas Hit Hard By The Economy

November 22, 2010 by Real Estate Investor Comments Off

There are a number of places that have been substantially damaged by the slumping economy in the United States. These are all places that have been impacted in that home values are going down and unemployment levels are going up. These are places where people are less likely to be able to handle their loans. This is why more loan modifications are being offered. Loan modifications from agencies like 1st Foreclosure Mortgage can work to get anyone to stop a foreclosure and save a home.

The Unites States Department of Housing and Urban Development has created new services through its Neighborhood Stabilization Program. This is used to help with giving out grants to local governments that can help to assist homeowners who are at risk of having their homes foreclosed upon. The services that are being offered are working to handle loan concerns that people who are at risk of foreclosure can have.

It is estimated that six billion dollars has been handled through the NSP for handling services. Every state government got a base support payment of $19.6 million. Some of the money that has not been handled yet will be doled out to areas that have to deal with higher foreclosure and unemployment rates. These include places like Michigan, California and Arizona.

This is an important service for people in states that have been impacted severely by foreclosures to see. Many loan modification specialists like the ones with 1st Foreclosure Mortgage will be working to see that clients are going to be able to work with this money. This is needed because of how this money can work to make a better loan modification easier for one to handle. It can also be used as an incentive for lenders to work with loan modification services in a number of hard hit areas.

Another beneficial thing to see is that the government is working to support counseling for people who need services. Loan modification agencies like 1st Foreclosure Mortgage are receiving $150 million in funds to use for housing counseling services. This is used to get people to learn how to handle different services and how to deal with funds that will be used for paying off a mortgage after it has been modified. These funds are needed as a means of making sure that loans can be properly modified.

Many local agencies that can work with loan modifications can work with the standards that have been imposed by the government. This is provided that they work to handle agreements with HUD and to work with a guarantee. Failing to work with a good guarantee will cause an agency to lose money through a series of penalties.

Loan modifications can be great to see in areas that have been impacted substantially by the economy. HUD is working to handle different types of services and is offering funds in grants and counseling services to local governments and to loan modification specialists. These funds are being used to ensure that loan modifications can be easily handled.

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For more information on how a home loan modification options will help your or for a free consultation contact www.1stforeclosureprevention.com.
 

Former U.N. Ambassador Puts Faith In Indian Real Estate Investment

November 21, 2010 by Real Estate Investor Comments Off
Tejinder Singh – AHN News Correspondent

Washington, D.C., United States (AHN) – Indian diaspora on the East coast was treated to a visual display of real estate investment opportunities at a gala dinner featuring finished and planned projects by New York based Ireo on Saturday in Vienna, Virginia.

“If you are interested in real estate space in India, be it for yourself – your family – or simply an investment, there is no better place to put your money then with Ireo,” Vijay Amritraj, international tennis legend and former United Nations Ambassador told AHN on the sidelines of the glittering show.

Answering, “Why should I mess (read: invest) in India – when I live here?” the core question of Indian Americans settled in the United States, Anjali Grover, of Ireo, told the select audience of rich and famous gathered at the “Bombay Tandoor Restaurant,” that the projects, some of which are completed, some are in the building stage while others are on the architects’ drawing tables, are all on par with the American standards in quality and safety.

Sitting in the United States, the investor can use easy means to invest and own or sell later with Ireo providing personalized services all the way, she added.

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Resurgence of Bed Bugs Leads To Congressional Forum

November 20, 2010 by Real Estate Investor Comments Off
Linda Young – AHN News Writer

Washington, DC, United States (AHN) – People seeking answers to combat the growing problem of bedbug infestations gathered at a Congressional forum on Thursday.

The recent resurgence in bedbugs means people have found bedbugs in both public and private areas including theaters, retail stores, office buildings, hotel rooms, apartments, homes and college dormitories.

A recent Rasmussen poll found that 20 percent of people had recently changed travel plans to avoid public places because of fear of bed bugs.

U.S. Reps. Don Young (R-AK) and G.K. Butterfield (D-NC) co-sponsored the “Congressional Don’t Let the Bed Bugs Bite Forum.” The forum provided an “opportunity to discuss current federal policies and initiatives of prevention and management,” Young said in a statement.

Noting that bedbugs are as likely to infest a five-star bed and breakfast as they are to invade a five-star hotel, Butterfield said the pests represent a public health issue as well as a threat to tourism and commerce in every state.

Butterfield and Young have introduced H.R. 2248, the Don’t Let the Bed Bugs Bite Act. The legislation would give the U.S. Secretary of Commerce authority to provide grants to help states inspect places for bedbugs. The grants would cover any area including private homes, hotels, schools and train stations.

In addition, the grants would cover pest management education and training to use the most effective prevention and eradication techniques.

Young spoke about an Alaskan elementary school that recently had to send students home early after bedbugs were found in several classrooms.

Participants at the forum included members of Congress, academic bed bug experts, the National Pest Management Association (NPMA), other industries and people who have experienced bed bug infestations.

Some 95 percent of professional pest management companies have encountered bed bug infestations in the past year, according to a 2010 survey of pest management firms by NPMA and the University of Kentucky.

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Hindu Statesman Calls Pamela Anderson Too Spicy For India

November 19, 2010 by Real Estate Investor Comments Off
Tejinder Singh – AHN News Correspondent

Washington, D.C., United States (AHN) – Hollywood siren Pamela Anderson appeared to have proved too saucy for India, said Hindu statesman Rajan Zed, in a statement in Nevada on Thursday.

Zed, in a detailed email, noted that Anderson entered the House in India’s popular and controversial daily television reality show “Bigg Boss” in Lonawala (near Mumbai) on Wednesday night for a three-day cameo appearance and India Government issued an order earlier in the day to ban the show in prime time relegating it to slot between 11pm-5am.

The Hindu statesman, cited the official reason being that its content “offends against good taste and decency” and “objectionable and not suitable for children and unrestricted public exhibition.”

“Bigg Boss”, however, went ahead on Wednesday during its regular earlier time slot of nine pm. But Bombay High Court, being moved by show’s owner ‘Viacom 18′ on Thursday, stayed the India Government’s order to reschedule the time of broadcast till next hearing on November 22 on the issue.

Commenting on the censorship Zed called it “was not acceptable, but many times television producers crossed the line for mercantile greed without consideration to families and children. Their race to boost the ratings had frequently resulted in sensationalization of the content.”

“They should regulate themselves so that the freedom of expression was not jeopardized. Television producers needed to grow-up and show maturity to analyze themselves what was good for the Indian nation and the world,” Zed, who is President of Universal Society of Hinduism, added.

Zed, however, welcomed Anderson to India and applauded her interest in Indian ethos and other things Indian.

Describing the Anderson saga, Zed said she entered the House, where she is Khaas Mehmaan (Special Guest), with a white chiffon sari, jhumkas (ear hangings), bangles, bindi, and “namaste”.

She cleaned the floor with a broom, gyrated to Bollywood number “Dhak dhak karne lagaa”, and ate paranthas (Indian stuffed bread).

It is her first visit to India and she has reportedly said that she was not a fan of reality shows. She has reportedly been paid $550,000 for this stint, Zed disclosed.

Zed also cited Television rating agency Audience Measurement and Analytics Limited as reportedly revealing that, “Bigg Boss” gained substantially from Pamela Anderson’s appearance.

“Big Boss”, in its fourth season, follows the “Big Brother” format. Filmfare winner Bollywood megastar Salman Khan (Tere Naam), 44, is the current presenter.

Anderson joined ten remaining housemates, who included Bollywood actors, models, singer, former dacoit, and wrestler. British celebrity Jade Goody appeared in this show in 2008.

Thrice divorced/annulled MTV nominated Pamela Anderson (Baywatch), 43, is a Canadian-American actress-model-author-producer-former Playboy Playmate.

She is vegetarian and an animal rights activist, Zed concluded in his long email release on the subject.

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U.S. Welcomes Argentina Moves To Settle Paris Club Debt

November 17, 2010 by Real Estate Investor Comments Off
Tejinder Singh – AHN News Correspondent

Washiington, D.C., United States (AHN) – The United States on Tuesday welcomed moves by Argentina to streamline relations with the international financial community especially Paris Club.

Asked to comment on Argentina’s announcement that the settlement of its outstanding debts with the Paris Club, that would involve a repayment schedule of more than one year, PJ Crowley, the State Department spokesman said in a statement, “We support efforts by Argentina to normalize relations with the Paris Club and the international financial community. We are pleased to see that Argentina is prepared to address its large and growing arrears to the Paris Club creditors.”

Crowley, however, refuted media suggestions that the deal is finalized, saying, “Contrary to some press reports, the Paris Club and Argentine authorities have not yet discussed or agreed to any specific terms for clearing arrears.”

“There is precedent within the Paris Club for an agreement on normalization of relations without an International Monetary Fund (IMF) program. For a country such as Argentina that can meet its international debt obligations without an IMF program, this would not be unexpected,” Crowley concluded in his statement.

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Loan Mod Paper

November 16, 2010 by Real Estate Investor Comments Off

The United States needs loan modifications.

March 01, 2009

By: Peter Shu

Orange County, California – According to a recent Gallup Poll, over 50% of Americans feel that offering government aide(mortgage bailout) to homeowners in distress is unfair1. My fellow Americans, it seems as if in this hard time we are hard-pressed to find support from others in more fortunate situations. In fact the same source also outlined that according to America, only 6% of Americans feel that the government’s aide will even have a substantial effect on the mortgage crisis2.  The fact of the matter is that often times hardworking citizens find themselves in times of hardship. You may be one of the homeowners with children, dreams and lives that revolve around your precious home. You may also be a multiple home owner, homes that you have earned through years of hard work. With Americans weary of government assistance, what can homeowners do?

Homeowners have the right to defend themselves against lenders, often times in order to stay in one’s home an individual must take the initiative. During any crisis those who act proactively have historically been the most successful. This is true for any financial investment as well. Albeit, the home for many homeowners is much more then an investment. The reality of the situation is that in order to keep your property, homeowners should not sit and wait for help. Homeowners are now turning to loan modifications as a means of survival. A loan modification is by far the most effective and economically sound decision a homeowner can make. What is a loan modification? A loan modification is a relatively new option that many homeowners are using to keep their properties. As other options are less effective and can cost homeowners much more money. In this current economy smart decisions need to be deciphered and executed in an expedited manner.

The main objective of a loan modification is to offer a homeowner payment relief, this comes in the form of a lowered monthly payment as well as, and not limited to; a lowered interest-rate, reduced principle balance and deferred payments. A loan modification will also recapitalize the arrears; what this means for you as a homeowner is that a successful loan modification will take what ever past due(s) you owe and put it back into the principle. Ultimately the goal of a loan modification is to keep what you own, to further ensure that you keep your property a loan modification will also typically offer an interest only option or fix and fully amortize your loan. Other benefits of a loan modification include; no credit score requirements, will stops foreclosures and will bring a homeowner completely current.

How can a homeowner obtain a loan modification? In order to obtain a loan modification a homeowner must know exactly what to do and/or say to their lender. As many unexperienced homeowners will tell you, a loan modification is not a very easy or simple task. It takes hours upon hours of work as well as a fundamental understanding of what lenders are looking for when approving loan modification. Thus, a homeowners best opportunities lie with an experienced loan modification company. Because of the large number of unscrupulous loan modification companies currently operating, a homeowner’s best shot at a loan modification is through a law firm. This is the case because a lawyer must actually put their license on the line; this ensures legitimacy.  A law firm will offer legal expertise as well as the modification experience required to successfully negotiator a loan modification.

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Alex is a famous author who writes about Loan Modification. FeldMan Law Center is a free resource for millions of people to find information regarding several topics related to loan modifications and resources to information.
 

Obama Confident Republicans Getting Ready For Compromise

November 15, 2010 by Real Estate Investor Comments Off
Tejinder Singh – AHN News Correspondent

Washington, DC, United States (AHN) – President Barack Obama on Sunday looked forward to accountability and responsibility from the newly-elected Republicans in the House.

“My expectation is, when I sit down with Mitch McConnell and John Boehner this week, along with the Democratic leaders, that there are a set of things that need to get done during the lame duck, and that they are not going to want to just obstruct, that they’re going to want to engage constructively,” he said.

The President made the comments Sunday to journalists aboard Air Force One as he returned from a 10-day trip to India, Indonesia, Korea and Japan.

Obama noted that “I believe it is a mistake for us to borrow $700 billion to make tax cuts permanent for millionaires and billionaires. It won’t significantly boost the economy, and it’s hugely expensive. So we can’t afford it.”

The president, however, expressed his willingness to learn “how they (the Republicans) intend to spend–how they intend to pay for it,” as he recalled that, “during the campaign at least, the Republicans expressed some strong feelings about (those tax-cuts).”

“I want to hear from them how strongly they feel about it, particularly given that they’re also saying they want to control the deficit and debt,” he added.

“Campaigning is very different from governing,” noted Obama. “All of us learn that. And they’re (the Republicans) still flush with victory, having run a strategy that was all about saying no.”

The American people “want to see us make progress precisely because they understand instinctually how competitive things are and how we have to step up our game.” Obama hoped that “we should be able at least to get through the lame duck, making sure that taxes don’t go up for middle-class families starting January 1st, that some of the key business provisions that can assure economic growth get done.”

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