Bank of America Corp., the biggest U.S. lender, extended a freeze on foreclosures to all 50 states as concern spread among federal and local officials that homes are being seized based on false data.
“We will stop foreclosure sales until our assessment has been satisfactorily completed,” the Charlotte, North Carolina- based company said today in a statement. “Our ongoing assessment shows the basis for foreclosure decisions is accurate.”
BofA Extends Freeze on Foreclosures to All 50 States
FBI’s ‘unprecedented’ Puerto Rico invasion
It was more like Normandy than Puerto Rico. Boarding planes in the middle of the night, hundreds of FBI agents, analysts and examiners flew into Puerto Rico before dawn Wednesday and took down about 130 local police and law enforcement personnel on corruption charges, in what the Justice Department called an “unprecedented” bust.
In all, as many as a thousand FBI personnel took part in Operation Guard Shack, according to FBI and Justice Department officials.
Hacker infiltration ends D.C. online voting trial
Last week, the D.C. Board of Elections and Ethics opened a new Internet-based voting system for a weeklong test period, inviting computer experts from all corners to prod its vulnerabilities in the spirit of "give it your best shot." Well, the hackers gave it their best shot -- and midday Friday, the trial period was suspended, with the board citing "usability issues brought to our attention."
Here's one of those issues: After casting a vote, according to test observers, the Web site played "Hail to the Victors" -- the University of Michigan fight song. "The integrity of the system had been violated," said Paul Stenbjorn, the board's chief technology officer.
Government unveils new system for auto safety ratings
Federal safety officials unveiled a more comprehensive crash rating system for vehicles that for the first time evaluates how women fare in accidents by using female crash dummies and takes into account side pole crashes and crash-prevention technology such as electronic stability control.
The Transportation Department and its National Highway Traffic Safety Administration said it would now issue an "overall vehicle score" that combines the results of a frontal crash test, side crash tests and rollover resistance tests. It compares the results with the average risk of injury and potential for vehicle rollover of other vehicles.
U.S. counter-terrorism agents still hamstrung by data-sharing failures
Counter-terrorism analysts still lack the data-search tools that might have kept a bomb-wearing Al Qaeda operative from boarding a Detroit-bound airliner nine months ago, and probably won't have them any time soon, U.S. officials acknowledge.
At the same time, officials say the terrorist threat against the U.S. is becoming more complex, with a greater risk from home-grown militants whose low profiles makes sophisticated intelligence analysis more important than ever.
Schwarzenegger signs bill reducing offense for marijuana possession
Gov. Arnold Schwarzenegger opposes Proposition 19, which would legalize the recreational use of marijuana, but he offered a consolation Thursday by signing a bill that would downgrade possession of an ounce or less from a misdemeanor to an infraction.
SB 1449 was written by state Sen. Mark Leno (D-San Francisco), who said it will keep marijuana-related cases from going to court-clogging jury trials, although the penalty would remain a fine of up to $100 but no jail time.
Anger as a Private Company Takes Over Libraries
A private company in Maryland has taken over public libraries in ailing cities in California, Oregon, Tennessee and Texas, growing into the country’s fifth-largest library system. Now the company, Library Systems & Services, has been hired for the first time to run a system in a relatively healthy city, setting off an intense and often acrimonious debate about the role of outsourcing in a ravaged economy.
A $4 million deal to run the three libraries here is a chance for the company to demonstrate that a dose of private management can be good for communities, whatever their financial situation.
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