Michael Gross

Nitro Club applies to serve booze

Liquor license would allow strip club to skip Planning Board review A downtown Boulder strip club that’s been in legal limbo since it opened a year ago may be on the straight and narrow Wednesday. The path to righteousness:...

Wall Street fluctuates on weak economic data

Traders work on the floor of the New York Stock Exchange Tuesday, Nov. 18, 2008. Traders work on the floor of the New York Stock Exchange Tuesday, Nov. 18, 2008. Traders work on the floor of the New York Stock Exchange Tuesday,...

Wall Street pulls off final-hour rebound

A specialist works at his post on the floor of the New York Stock Exchange Tuesday, Nov. 18, 2008. A store window at Saks Fifth Avenue is shown Tuesday, Nov. 18, 2008, in New York. Luxury retailer Saks Inc. reported a...

Assembly’s foreclosure moratorium on slow track

A proposed four-month foreclosure moratorium that would crank up the heat on lenders to rewrite more of California's troubled mortgages downshifted to the slow lane Monday.Assemblyman Ted Lieu, D-Torrance, agreed to delay a...

House Committee Breaks Down Securitizations

By: Larry Dunn The House Financial Services Committee hearings broke down the structuring of the contracts governing pools of loans held as "securitizations". The contract agreements have so far made it difficult to produce...

Investors stall mortgage changes

The Associated Press NEW YORK - The buyers, including Fannie Mae, Freddie Mac and Wall Street firms, would then slice and repackage them into securities sold to investors worldwide. They took that message to Washington on...

Foreclosure Fix May Take Rework Of Loan Fine Print

Washington Post Staff Writer Thursday, November 13, 2008; Page D01 More than a year into the foreclosure crisis, whether a distressed homeowner is eligible for a more affordable mortgage can often come down to the fine print....

Rep Frank targets mortgage service legal pacts

WASHINGTON (Reuters) - Congress needs to tackle legal obstacles that prevent mortgage servicing companies from doing more to help distressed borrowers stay in their homes, the head of a U.S. congressional committee said on...

House hearing on mortgage rescue plan

Rep. Barney Frank, chairman of the House Committee on Financial Services, highlighted the need for a bailout program for troubled homeowners on Wednesday. But he stressed that not all borrowers should necessarily be rescued.

Ahead of the Bell: Mortgage hearing

As the mortgage crisis deepens and the government joins with the lending industry in a new effort targeting struggling homeowners, Congress is examining the roles played by investors, lenders and loan servicers in the process.

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