SpringHill Group

"http://newscenter-springhillgrouphome.blogspot.co.uk/2013/03/speed-help-for-nevadans-homeowners.html   http://springhillgrouphome.com/2013/03/speed-the-help-for-the-nevadans-homeowners/   $200 million from federal government was given to Nevada to avoid homeowners from losing their homes.  Nevada had the highest foreclosure rate in the nation but a Reno Gazette-Journal analysis of the fund distribution confirms that the money was almost intact in the past two years.   Nevada only spent $21 million of the $194 million it was to be paid to homeowners facing foreclosure, this means only 11% of the money it received through the Obama administration's Hardest Hit Fund, this is according to the most recent reports of the analysis of U.S. Treasury the third quarter of 2012   "This is government bureaucracy at its finest," said Victor Joecks, communication director of think tank Nevada Policy Research Institute. "They can't even give away $200 million. This program is a perfect example of why government shouldn't pick winners and losers in the economy."   According to Nevada Hardest Hit officials, just in January, the nonprofit gave $7.2 million in direct aid to help homeowners avoid foreclosure.  A total of $28.4 million was given by the program since it began in mid-2010, which is only 5% of the allocation. More or less 25 % of what they have given out was given out in January.   Mortgage assistance and principal reduction are the two separate components of the state Hardest Hit Fund program that has much given the aid.  75 percent of the budget went to direct aid from July 2011 to June 2012; this is another analysis of yearly financi

In his recent State of the Union Address, President Obama proposed to "make high-quality preschool available to every child in America." He referred to research that has demonstrated long term positive effects of attending high-quality preschool programs. President Obama's support has excited the early childhood community. Who could be opposed to expanding high-quality preschool opportunities? Yet this begs the question: What does "high-quality" mean in practice? "High-quality" preschools are often defined by educators and economists alike as ones in which teachers are adequately paid, facilities are adequate, and the ratio of staff to children is low. These are indeed important elements of quality and they are serious problems, as preschool educators are often very poorly paid, poorly educated themselves, and lack decent facilities. The low salaries received by preschool teachers leads to a high turnover rate, which also reduces quality. So ensuring universal access to high-quality preschools when many current preschoolers are already struggling with quality and funding issues will be a heavy lift. Leaving aside money issues, however, there is an important question about how preschool programs should be structured. There is lots of research showing the benefits of high-quality preschool in comparison to no preschool (as in the famous Perry Preschool and Abecedarianprograms). However, there is far less research showing different benefits of different preschool approaches.

"Springhill Groups-PRINGHILL gROUPS Mortgage Fraud Prosecutors Pounce on a Small Bank Yesterday 11:14 PM #1 One of the few things not in dispute in the criminal case against Abacus Federal Savings Bank is that it began with a mortgage closing on Friday, Dec. 11, 2009, for a two-family home in the Bensonhurst section of Brooklyn. Abacus is a small bank, catering mostly to Chinese immigrants. The closing was at 10 a.m. at the bank's headquarters, a brown-brick building on the Bowery in New York's Chinatown between a noodle shop and an herbal medicine emporium. Sitting around the table in an undecorated conference room were the seller, the buyers, their attorneys, the real estate broker, and the title closer. Vera Sung, Abacus's lawyer, was in and out of the meeting. Sung, 46, is a daughter of the bank's founder-her younger sister Jill is Abacus's chief executive officer. Vera is also a onetime prosecutor in the Brooklyn district attorney's office, and that morning she recalls hearing something that made her pause: The borrowers were asking about extra checks they had earlier made out to the loan officer, Qibin "Ken" Yu. Sung didn't know what those checks were. "I thought this was very strange, so I stopped the closing," Sung says. She spoke to Yu in her office, then called Jill, and they canceled the loan. The following Monday, Yu was fired. The bank's executives won't speculate what the checks were for, but in other fraud cases individual loan officers have been convicted of asking for kickbacks or payments for falsifying paperwork. Yu's lawyer declined to comment. "

"One of the few things not in dispute in the criminal case against Abacus Federal Savings Bank is that it began with a mortgage closing on Friday, Dec. 11, 2009, for a two-family home in the Bensonhurst section of Brooklyn. Abacus is a small bank, catering mostly to Chinese immigrants. The closing was at 10 a.m. at the bank's headquarters, a brown-brick building on the Bowery in New York's Chinatown between a noodle shop and an herbal medicine emporium. Sitting around the table in an undecorated conference room were the seller, the buyers, their attorneys, the real estate broker, and the title closer. Vera Sung, Abacus's lawyer, was in and out of the meeting. Sung, 46, is a daughter of the bank's founder-her younger sister Jill is Abacus's chief executive officer. Vera is also a onetime prosecutor in the Brooklyn district attorney's office, and that morning she recalls hearing something that made her pause: The borrowers were asking about extra checks they had earlier made out to the loan officer, Qibin "Ken" Yu. Sung didn't know what those checks were. "I thought this was very strange, so I stopped the closing," Sung says. She spoke to Yu in her office, then called Jill, and they canceled the loan. The following Monday, Yu was fired. The bank's executives won't speculate what the checks were for, but in other fraud cases individual loan officers have been convicted of asking for kickbacks or payments for falsifying paperwork. Yu's lawyer declined to comment."

"Internet Marketing & SEO Forum - 12 ON YOUR SIDE: Warning about loan offer text message - Springhill Home Loans Group Discussion in 'General Chat' started by Isabella Amber, Today at 9:54 PM. Isabella Amber New Member RICHMOND, VA (WWBT) - Not every text that shows up on your phone is legit. Some messages come with potential danger. 12 On Your Side investigates a text that appears to be from an international financial institution - but it's not. If you get a text directing you to a company promising cash right now, and bad credit is ok, delete the message and spare yourself the trouble. It may not be a scam, but you could wind up paying a lot for a small loan. Mary Presley had suspicions from the start that the text on her cell is a bait-and-hook fraud. It claims to come from Wells Fargo Bank - that's the bait. "Wells Fargo has approved you for a $1000 cash loan wired to your account in 24 hours!" It instructs Presley, who's been looking for a job since she got laid off in December, to apply for the fast cash advance from her mobile phone online at cashin2hrs.com. That's the hook - Presley did not grab. "People have a hard enough time now," said Presley. "If these people that do this kind of thing, would work as hard at a legitimate job, they could be millionaires." When you click on cashin2hrs.com, payday lending options pop up. A long list of short-term loan offers entice people desperate for emergency cash. Filling out the application means giving up personal and banking information. The same text that Presley reported, I forwarded to Wells Fargo Corporate Communications. "That text message is not endorsed by Wells Fargo," said Kristy Marshall. "We do not contact our customers in that form." Also, online payday loans are illegal in Virginia. It's ok to search for a lender online, and even fill out an application, that's all legal - but the deal must be closed face-to-face. These type messages are prevalent and have many different company names and numbers attac

"Springhill Groups-PRINGHILL gROUPS Mortgage Fraud Prosecutors Pounce on a Small Bank One of the few things not in dispute in the criminal case against Abacus Federal Savings Bank is that it began with a mortgage closing on Friday, Dec. 11, 2009, for a two-family home in the Bensonhurst section of Brooklyn. Abacus is a small bank, catering mostly to Chinese immigrants. The closing was at 10 a.m. at the bank's headquarters, a brown-brick building on the Bowery in New York's Chinatown between a noodle shop and an herbal medicine emporium. Sitting around the table in an undecorated conference room were the seller, the buyers, their attorneys, the real estate broker, and the title closer. Vera Sung, Abacus's lawyer, was in and out of the meeting. Sung, 46, is a daughter of the bank's founder-her younger sister Jill is Abacus's chief executive officer. Vera is also a onetime prosecutor in the Brooklyn district attorney's office, and that morning she recalls hearing something that made her pause: The borrowers were asking about extra checks they had earlier made out to the loan officer, Qibin "Ken" Yu. Sung didn't know what those checks were. "I thought this was very strange, so I stopped the closing," Sung says. She spoke to Yu in her office, then called Jill, and they canceled the loan. The following Monday, Yu was fired. The bank's executives won't speculate what the checks were for, but in other fraud cases individual loan officers have been convicted of asking for kickbacks or payments for falsifying paperwork. Yu's lawyer declined to comment. http://www.businessweek.com/articles...n-a-small-bank"