Government unveils new plan to curb mortgage foreclosures
The Obama administration outlines a bold fix to slow foreclosures, hoping to help 3 to 4 million borrowers avoid losing homes. It targets two groups: underwater homeowners and unemployed borrowers, with FHA incentives and temporary payment relief. Banks and investors must agree to principal reductions for the plan to succeed.
MENTIONED IN THIS ARTICLE
Washington
Obama
Moody's
Federal Housing Administration
FHA
Mark Zandi
Moody's Analytics
Federal
Tration
Congress
Treasury Department
Diana Farrell
White House
Barney Frank
House Financial Services Committee
Weh Tax Records Request Prompts Legal Response
Cervini described a February letter to Weh noting the request was burdensome and would need extra time to respond. The office must assemble receipts, correspondence, contracts and vendor agreements from seven years for routine items. Weh was invited to inspect but did not respond to the February note.
MENTIONED IN THIS ARTICLE
Cervini
Weh
Weir
Mattarco
Roswell-Record.com
Winds Cause Outages and Fires Across Lincoln County
Wes Reeves, a company spokesman, said power crews are working to restore service but gave no time frame. In Lincoln County two wildfires driven by winds burned near Glencoe and Capitan, with 260 acres and 300 acres affected. The Glencoe fire, 70 percent contained by 9:30 p.m., forced closures of U S 70 and damaged one abandoned residence and an outbuilding. The Capitan area fire, 60 percent contained, closed U S 380 toward Fort Stanton after burning about 300 acres, started by a downed power line. No evacuations were reported as winds eased from gusts up to 75 mph.
MENTIONED IN THIS ARTICLE
Wes Reeves
Reeves
Lincoln County
Glencoe
Ruidoso
Associated Press
U.S. 70
U.S. 380
Lawsuit details collapse of CBA Holdings and state loan
The complaint alleges $19.3 million of a $20 million loan for CBA Holdings was moved to managers and affiliates, leaving the entity insolvent and unable to pay New Mexico. It says the business demise preceded the credit crisis and cites ongoing default on over $5.3 million by March, with Cheslock individually guaranteeing the investment but later defaulting.
MENTIONED IN THIS ARTICLE
CBA Holdings
CBA
New Mexico
SIC
Stanley Cheslock
Cheslock
Associated Press
SIC Real Estate
New York
Loeffler Pursues Watershed Wisdom and Arts in New Mexico
Loeffler recounts running the Rio Grande rapids in 1974 and a 110 mile voyage that took 10 days. He cites mentors like John Wesley Powell and Peter Kropotkin, met Paul Horgan in 1986, moved to New Mexico in 1962, and wrote Adventures with Ed about Ed Abbey. He champions thinking like a watershed in a forthcoming documentary series and won the 2008 Governor's Award for Excellence in the Arts. The project is sponsored by AMAC Foundation, Roswell city, New Mexico Humanities Council, and the Museum of New Mexico Press.
MENTIONED IN THIS ARTICLE
Loeffler
John Wesley Powell
Shiloh
Powell
Peter Kropotkin
Ronment
Ed Abbey
Abbey
Southwest
The
Amac Foundation
City of Roswell, New Mexico Humanities Council
Museum of New Mexico Press
Wanda Faye A Lifetime of Country Music and Firsts
Faye joined her family band by age twelve and earned twenty five dollars per performer as they played everywhere. She rose to fame with The Sunset Westerners after meeting Bob Wolfe of Jewel Records in Albuquerque and later performed with notable stars like June Carter Johnny Cash and Lefty Frizzell. Now in Modesto she plays at church and works on a life story while Wanda Faye exhibits at the Southeast New Mexico Historical Society with her first guitar on display.
MENTIONED IN THIS ARTICLE
Faye
Walker Air Force Base
Bob Wolfe
Albuquerque
KOB
Jewel Records
Wolfe
Bob
Sunset Westerners
Hondo Bessie
Narmore
Bruce Owens
Gene Roberts
Pecos Valley
Roswell
Lefty Frizzel
KGFL
Jud Roberts
Fleming
Yucca
West Third Street
Sunset
Columbia Records
Nashville
Wanda Faye
Maybelle
Helen Carter
Carter
June Carter
Johnny Cash
Johnny
Ernest Tubbs
Minnie Pearl
Roy Orbison
Western Swing Society Music Hall of Fame
Country Club Plaza Ballroom
Sacramento
Calif
Modesto
California
Wolf and
Also Mentioned on This Page
Gov’t
Charles Wollmann
Rio Grande Rapids
Paul Horgan
Horgan
Rio Grande
Smartin
the Historical Society of
N. Lea Ave
Ginsburg Music Co
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