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Get Loans Real Estate News

  • MERS named in New York Attorney General's suit
    February 03, 2012

    The New York Attorney General’s Office filed a lawsuit against several of the nation’s largest banks, charging them with fraud and deception in foreclosure filings by the creation and use of a national electronic mortgage registry system. Reston-based Mortgage Electronic Registration Systems Inc., also known as MERS, and its parent MERSCORP Inc are also named as defendants. The lawsuit alleges that Bank of America, J.P. Morgan Chase and Wells Fargo submitted court documents containing false and misleading information that made it appear they had authority to start a foreclosure when they may not have...

  • Giant takes over 2 Fresh & Green’s locations
    February 03, 2012

    Landover-based Giant Food LLC will acquire two Fresh & Green’s supermarkets in the Baltimore area from Mrs. Green’s Management Co. The stores are Fresh & Green’s of Hampden on West 41st Street in Baltimore and Fresh & Green’s of Parkville on Harford Road in Parkville. Giant will close both stores for remodeling and reopen them as Giant supermarkets. The two stores employ 125 people, who will be offered jobs with Giant. The company is also closing a Giant location in Baltimore in the Rotunda shopping center on West 40th Street as part of the Fresh & Green’s acquisitions...

  • Sen. Chuck Grassley criticizes FDA alleged email surveillance
    February 03, 2012

    Sen. Charles Grassley, R-Iowa, has set a Feb. 17 deadline for the Food and Drug Administration to respond to his questions regarding allegations that the agency monitored email of employees who were whistleblowers, Federal Times reports. In a five-page letter to FDA Commissioner Margaret Hamburg on Tuesday, Grassley sharply criticized the agency for its treatment of former FDA biomedical engineer Paul Hardy. Hardy is one of nine employees who expressed concerns to the incoming Obama administration and Congress that the agency had approved unsafe medical devices, the letter says.

  • New programs aim for reduced energy use on battlefield
    February 03, 2012

    The Department of Defense plans to spend $18 million on six programs that are aimed at reducing energy use in combat zones, Federal Times reported. The programs will be run by DOD and the Department of Energy, which will partner with small businesses to develop new technology.

  • GOP plan cuts federal pay, workforce
    February 03, 2012

    A group of Senate Republicans rolled out its own proposal to rescue the Department of Defense Thursday, Federal News Radio reported. The measure would place the short-term deficit reduction burden entirely on the federal workforce.

  • Networx contractors strengthening cybersecurity with new standards
    February 03, 2012

    Agencies are increasingly relying upon Networx contract providers to reduce their Internet connections and strengthen network security, Federal News Radio reported. Many still struggle to implement the Trusted Internet Connections system mandated by the White House four years ago, which minimize the amount of public Internet connections and identify cyber threats. Networx contract providers are helping agencies transition to the new system, but budget limitations and time management are slowing the integration.

  • Advisory board: DOD CIO needs more clout for cloud
    February 03, 2012

    The Department of Defense chief information officer needs more clout when it comes to moving to cloud computing, according to an advisory committee consisting of industry executives, Federal News Radio reported. "Someone needs to be in charge. Our recommendation is that this is such a significant undertaking that it needs to be really owned by the Office of the Deputy Secretary and then he needs to authorize, in our view, the DOD CIO to undertake it," said David Langstaff, a member of the Defense Business Board and the CEO of TASC.

  • Defense analysts predict positive upcoming quarters
    February 03, 2012

    Defense shares may fare well in 2012, for the fourth year in a row, but it is not as clear what the conditions will be past that, according to Forbes. Lockheed Martin Corp. will be selling fewer of its signature F-35 fighters than expected over the next five years as Pentagon managers slow the program down to do more testing. However, the administration reiterated its commitment to the full production objective of 2,443 fighters while sending a strong demand signal for the company’s core franchises in missile defense, naval electronics, space systems and cybersecurity.

  • IT leaders want solid business case for shared services
    February 03, 2012

    Government technology leaders spoke at the American Council for Technology and Industry Advisory Council with concerns about the cultural aspects of a successful shared services strategy, Nextgov reported. "How do we get people to trust that centralized delivery models will meet their service needs?" asked Cheryl Rogers, director of the Federal Aviation Administration's Office of Information Technology Optimization. If executives aim too high, the IT leaders said, they'll be stymied by agencies and divisions that insist their financial or human resources systems have too many quirks to be integrated into a larger system.