Foreclosures loom as 2010 losses top one million
The pace of home repossessions suggests more than 1 million U.S. households could lose their homes in 2010. RealtyTrac data show about 528,000 homes repossessed in the first half, with the total likely to surpass 2009’s 900,000. Foreclosures touch many states, led by Nevada, Arizona, Florida, and California, and are expected to weigh on prices into 2012.
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RealtyTrac Inc
RealtyTrac
U.S
Sharga
Sis
Celia Chen
Moody’s Economy.com
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Arizona
Florida
California
Utah
Georgia
Michigan
Idaho
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Colorado
Palo Alto
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Immigration law faces first major court hearing in Phoenix
A federal judge will hear arguments on whether Arizona's new immigration law should take effect later this month. The hearing tests Gov. Brewer's bid to dismiss a challenge filed by Officer David Salgado and Chicanos Por La Causa, amid claims the law would cause racial profiling and conflict with federal authority.
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Phoenix
Arizona
U.S
Susan Bolton
Jan Brewer
David Salgado
Chicanos Por la Causa
United States
Brewer
Obama
Salgado
Phoenix Police Department
Fed
Kansas AG Says Arizona Immigration Law Within Rights
Kansas Attorney General Steve Six backs Arizona on immigration policy saying federal challenge is misguided. He notes Arizona law allows police to consider immigration status with reasonable suspicion and would defend similar policies if enacted in Kansas.
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Topeka
Steve Six
U.S
Eric Holder
Six
Holder
Gavin Young
Young
City budget talks limit FCEDC funding and staff cuts
Garden City officials signaled plans to hold flat the city share of funding for the Finney County Economic Development Corp in 2011 while delaying some equipment purchases into 2012. FCEDC seeks about 153 500 more from the city and 465 000 more from the county to build a reserve for incentives. County commissioners debated a quarter mill raise but may return the issue to a ballot. The council also approved broader banner signage and a housing authority appointment, with an August budget hearing slated.
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Finney County Economic Development Corp
Garden City
Finney County
FCEDC
Cathy McKinley
Holcomb
Garden City Community College
GCCC
John Doll
Doll
Hitz
Kaleb Kentner
Kentner
Lisa Barrie
Garden City Housing Authority
Eighth St
GCCC Trustees vote to avoid mill increase
GCCC trustees opt not to raise taxes and direct use of oil and gas holdback funds to cover costs amid tax challenges and budget reductions. The district plans cost cuts, center closures, and staff reductions while seeking an interim president. A public hearing is set for August 11.
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GCCC
Kevin Brungardt
Ron Schwartz
Schwartz
Bryan
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