Business News: Payments in foreclosure settlements - KYTX CBS 19 Tyler Longview News Weather Sports

Business News: Payments in foreclosure settlements

Posted: Updated:

(CNN) - On Friday, some homeowners and former homeowners will start getting checks in the mail. It's all part of a settlement between the government and 13 mortgage servicers over foreclosure abuses. $3.6 billion dollars will be given out to more than four million borrowers. The payments will range from $300-dollars to $125-thousand dollars.


(CNN) - This year's crop of college graduates will have a tough time finding a job. That's according to a new report by the Economic Policy Institute. 8.8 percent of recent college grads are unemployed, according to Labor Department data. More than 18-percent are underemployed. And, as of last year, 52-percent of college grads under 25 are not working in jobs that require a college degree. The report says the best way to improve the situation for college grads is to improve the overall labor market. The economic policy institute says it is a non-profit, non-partisan think tank.

 


 

(CNN) - Looks like full Saturday mail delivery will continue -- at least for now. The US Postal Service announced Wednesday that it is putting off plans to stop delivering regular mail on Saturdays. The Postmaster General wanted to stop Saturday mail deliveries beginning in August to save the agency $2 billion dollars a year. The Board of Governors of the US Postal Service still wants to make the changes.

  • Local NewsMore>>

  • East Texas mother's bond set at $2 million dollars in daughter's death

    East Texas mother's bond set at $2 million dollars in daughter's death

    Tuesday, July 22 2014 1:30 PM EDT2014-07-22 17:30:22 GMT
    UPDATE: An East Texas mother's bond is now set at $2 million dollars. Stacie Marie Parsons was arraigned in the Henderson Co. jail this morning. She is charged with the capital murder of her 4 year old daughter.More >>
    UPDATE: An East Texas mother's bond is now set at $2 million dollars. Stacie Marie Parsons was arraigned in the Henderson Co. jail this morning. She is charged with the capital murder of her 4 year old daughter.More >>
  • ‘Operation Coyote’ targets human smuggling networks

    ‘Operation Coyote’ targets human smuggling networks

    Tuesday, July 22 2014 4:43 PM EDT2014-07-22 20:43:13 GMT
    photo: (ICE)photo: (ICE)
    WASHINGTON (KYTX) — In a news conference Tuesday, Secretary of Homeland Security Jeh Johnson, joined by U.S. Immigration and Customs Enforcement (ICE), U.S. Customs and Border Protection Border Patrol and U.S. Deputy Attorney General announced the progress of ongoing enforcement efforts by ICE Homeland Security Investigations (HSI) and the U.S. Department of Justice to target human smuggling networks in the Rio Grande Valley.More >>
    WASHINGTON (KYTX) — In a news conference Tuesday, Secretary of Homeland Security Jeh Johnson, joined by U.S. Immigration and Customs Enforcement (ICE), U.S. Customs and Border Protection Border Patrol and U.S. Deputy Attorney General announced the progress of ongoing enforcement efforts by ICE Homeland Security Investigations (HSI) and the U.S. Department of Justice to target human smuggling networks in the Rio Grande Valley.More >>
  • Yantis man indicted after admitting to having sex with 12-year-old girl on school playground

    Yantis man indicted after admitting to having sex with 12-year-old girl on school playground

    Tuesday, July 22 2014 4:05 PM EDT2014-07-22 20:05:14 GMT
    photo: Wood Co. Jailphoto: Wood Co. Jail
    QUITMAN (KYTX) – A Wood County Grand jury has indicted a Yantis man on child sex abuse charges.More >>
    QUITMAN (KYTX) – A Wood County Grand jury has indicted a Yantis man on child sex abuse charges.More >>
Powered by WorldNow

CBS19, MYTX & KCEB
2211 ESE Loop 323
Tyler, TX 75701
Phone (903) 581-2211
Fax (903) 581-5769

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KYTX. All Rights Reserved. Users of this site agree to the Terms of Service, Privacy Notice/Your California Privacy Rights, and Ad Choices.