Outdated state laws allow big banks and other investors to reap windfall profits by buying the houses for a pittance and reselling them, the report says.
July 2012
Posted inNation & World, News
Alligator bites off swimming teen’s arm in Fla.
A wildlife official says the teen’s arm was still inside the 11-foot alligator when it was hunted down and killed Monday evening.
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Posted inNews
Homeless man accused of stealing from Bangor home
Police say 25-year-old Eric Ducas is charged with felony burglary for stealing from the home of a resident who took him and his girlfriend in.
Posted inBusiness, News
Parents defend putting children to work on farms
Labor Department officials say that children performing farm work are four times more likely to be killed than those employed in all other industries combined.
Posted inBusiness, News
Schilling’s game company heads to bankruptcy court
Schilling has said the collapse of the company has probably cost him his entire baseball fortune.
Posted inNews
Armed man shot, killed by police in NH
The Attorney General’s Office is investigating the shooting. No officers were injured.
Posted inNews
Repair at Androscoggin jail should end ‘skunky’ air
Administrator John Lebel says he hopes a new air cooling compressor hoisted onto the Auburn jail’s roof Monday is operational by today.
Posted inNews
Police: 2 people die in fiery Auburn car crash
Emergency personnel responded just after 1 a.m. today to find the vehicle fully engulfed in flames in the middle of the street.
Posted inNews
Trustees approve ‘Blue Sky Project’ for UMaine
The plan aims to develop new programs to better align with the state’s needs.
Posted inNews
Bear swiping fruits of students’ labor in Maine
Sightings of the 400-pound bear began late last week and the manager of an educational farm says it’s “not a welcome guest.”