5300 Frequently Asked Questions (FAQ)
NCUA - If a credit union has repossessed collateral that has been written down to fair value (less cost to sell), is it reported as delinquent on the call report? [Account 798A] No. The repossessed collateral should be written down to fair value
Police don't know if fire was accident or suicide
Indianapolis Star - Firefighters found Sandra Springer, 39, unresponsive in the basement of her burning house Monday afternoon. She was Springer's car was repossessed in November.
Securitized US auto loan losses slow in Q3-Moody's
Reuters - Moody's attributes the continued improvements in prime and subprime auto loan performance in part to an increase in used-vehicle auction prices and a declining unemployment rate. "Higher recoveries on repossessed vehicles can dampen net loss rates
Dad auctions head to pay child support
Contra Costa Times - After his GMC Suburban was repossessed when he couldn't make the $379 monthly payments, Bifarella had to do something. He remembered reading about a guy who made $30,000 from plastering a slogan on his forehead. Never shy about his billiard-ball dome
Killingworth seeks funds for firetruck
1960 Sun - The problem, at least for selectmen, is how the town can lease the new truck, under the finance board's changed policy for capital expenditures, without creating the possibility that it might be repossessed at some point in the future. "I don't think
Herzog and de Meuron. No. 250. An Exhibition
Absolutearts.com - Repossessed by a name, monopolized, so to speak. The strange logo opens up a vast area of overlapping associations regarding site, architecture, art and history. In 2005 the American artist Paul McCarthy installed an inflatable over-sized flower
Young people struggle to deal with kiss of debt
USA Today - Nearly half of twentysomethings have stopped paying a debt, forcing lenders to "charge off" the debt and sell it to a collection agency, or had cars repossessed or sought bankruptcy protection. High debt loads are causing anxiety, too. A poll of
Default rates on sub-prime loans soar
Detroit Free Press - The percentage of so-called sub-prime loans delinquent by 90 days or more, in foreclosure or turned into repossessed properties, rose to 2.52% from 2.01% in September, the Arlington, Va.-based investment bank said last month. The rate for loans from
Broward feels stress over high rate of foreclosures
Fort Lauderdale Sun-Sentinel - About 80 percent of the properties headed to foreclosure don't go back to the lender, so focusing only on repossessed properties doesn't give an accurate assessment of the housing downturn, said Rick Sharga, vice president of marketing for RealtyTrac
Disney in Chicagoland
MetroMix - Alas, the camera was repossessed. Evening classes Even more important, though, were the evening classes Disney took at the Chicago Academy of Fine Arts, then located in the Willoughby Building at 8 S. Michigan Ave. It was there he realized that his
