Wednesday was a difficult day for The American Independent News Network, which is the larger entity that operates The Iowa Independent. Our chief executive and founder announced two of our sister sites would close and their content would be moved to The American Independent.
A recently introduced bill could have far-reaching impact on the U.S. sugar industry, including American Crystal Sugar, a farmer-owned cooperative that locked out 1,300 Midwest workers on Aug. 1.
The chairman for Herman Cain’s Iowa effort says the campaign “relied more on the word of farmers than Washington regulators” in deciding to run an ad containing claims the Environmental Protection Agency says are false.
The Iowa Senate will remain under the control of a slim 26-25 Democratic majority when it reconvenes in January 2012.
Tom Miller
Thursday, Iowa Attorney General Tom Miller asked three major mortgage companies to immediately stop pending foreclosure proceedings in the Hawkeye State.
“Media reports continue to emerge with troubling information about how several mortgage companies handled foreclosure cases here in Iowa,” Miller said. “There appears to be an emerging pattern of careless and perhaps cavalier attitudes by a growing number of lenders when it came to taking peoples’ homes. This is an affront to Iowans facing foreclosure, and it’s also an affront to Iowa’s court system.”
By Friday, Miller got his way.
Breaking news, from Zero Hedge:
As we expected when we reported that the Delaware AG got into the foreclosure fray (Delaware not being a judicial state), it was only a matter of time before foreclosures would be halted in all 50 states. Sure enough, Diana Olick has just reported that BofA has just expanded its foreclosure halt from the 23 judicial states, to all 50 states. And so, the pendulum swings from populist anger to adulation. The only question is when will Tarp 2 be enacted now that banks are facing tens of billions in losses.
To translate: The big mortgage servicers had halted foreclosure-related evictions in the 23 states that require a judge to sign off, due to concerns about robo-signing and fraudulent affidavits. Of course, if there were systemic problems in those 23 states, there must have been systemic problems in the others. Thursday, Miller, as well as Delaware Attorney General Beau Biden called for a stop to all foreclosures in all states.
Now, Bank of America has stopped foreclosing nationwide.
Do you know where to vote on Election Day? Do you know what to bring with you? Get comprehensive voter information for your state here.
Sign up for our email newsletter