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HOPE scholarship revamp slashes lottery bonuses, but …

HOPE scholarship revamp slashes lottery bonuses, but ...
March 28, 2011 --

Controversial bonuses paid to Georgia Lottery employees could be whacked by 90 percent or more under Georgia’s new HOPE scholarship law. But there’s nothing to stop the lottery board from jacking up executives’ base salaries to make up the difference. In fact, the board did so just last year, giving CEO Margaret DeFrancisco a $67,000 raise.

Homeowners: Banks not following rules for loan modifications

Homeowners: Banks not following rules for loan modifications
January 19, 2010 --

An examination shows how mortgage servicers have created unnecessary hurdles to getting loan-mods and have violated the government’s rules for the program. “There’s a real resistance on the servicers’ part to making permanent modifications,” said Diane Thompson of the National Consumer Law Center.