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Hernando County is in line to receive $5.6 million of federal money that would be used to ease the local foreclosure crisis and stabilize the housing market. ...more
December 5, 2008
Some years back the very idea of transplanting a human heart seemed like science fiction. ...more
November 21, 2008
When Bill Crews, the chairman of Wauchula State Bank, and Tom Trevino, a broker with Merrill Lynch's brokerage in Sebring, spoke to the Kiwanis in Hardee County on Tuesday, they faced a deluge of questions. ...more
September 18, 2008
Well, it looks like business as usual at the Hernando Today with the new editor, Chris Wessel taking over for the retiring editor, with his endorsements for county commission. To refresh your memory, the previous editor nearly ran this newspaper into the ground with his personal vendetta to attack everything and everyone in county government. This previous editor was not content with writing the news, only making the news with his articles and editorials that reeked of half truths and innuendos to sell his "rag" on the street. ...more
August 22, 2008
There's a debate in the media about the recession. ...more
July 25, 2008
A 37-year-old woman pleaded guilty to racketeering charges in a mortgage fraud scheme involving one of the nation's largest sub-prime mortgage companies, Attorney General Bill McCollum. ...more
February 13, 2008
Brian Griffith lost his job as a middle management real estate executive last September because of the stagnant housing market. ...more
February 3, 2008
Most Americans feel compassionate about anyone facing foreclosure. Witnessing more than a million people staring down foreclosure due to home mortgages leaves all us wanting to save people from this sad situation. But before we spend billions in taxpayer dollars for a bailout, we need to consider how this happened in the first place. When we do that, we'll see that most of the people losing their houses never should have qualified for a home loan in the first place, and that predatory lenders are to blame for most of this mess. The Bush administration reached a deal with mortgage bankers to freeze interest rates on some sub-prime mortgages for five years. Other limitations apply, and only about 225,000 people will benefit from it. In fact, it's fair to say that if these homeowners are already in trouble, freezing interest rates won't help much – if at all. ...more
December 9, 2007
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