Seattle home prices have rebounded dramatically in the past 18 months, with more than a 9.5 percent increase in median home sales prices from 2012 to 2013, nearly bringing median prices to pre-recession heights seen in 2007. Zillow reports that 92.5 percent of Seattle-metro area homes are in positive equity positions, putting the Seattle-metro area among the top five areas in the nation.
This should be good news, but what about those who have not benefitted from the upward market?
Bureau Seeks More than $500 Million In Relief For Borrowers of Corinthian’s Private Student Loans WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) sued for-profit college chain Corinthian Colleges, Inc. for its illegal predatory lending scheme. The Bureau alleges that Corinthian lured tens of thousands of students to take out private loans to cover expensive tuition costs by advertising bogus job prospects and career services. Corinthian then used illegal debt collection tactics to strong-arm students into paying back those loans while still in school. To protect current and past students of the Corinthian schools, the Bureau is seeking to halt these practices and is requesting the court to grant relief to the students who collectively have taken out more than $500 million in private student loans.
WASHINGTON – Vice President Joe Biden, former Secretary of State Hillary Clinton, U.S. Supreme Court Justices Elena Kagan and Antonin Scalia, and U.S. Attorney General Eric Holder will join more than 100 leaders of the legal community, government, and the private sector September 14-16 at a wide-ranging legal aid conference in Washington to mark the 40th anniversary of the Legal Services Corporation.
The Legal Services Corporation announced today Northwest Justice Project’s 24-month $211,120 Pro Bono Innovation grant to systematically increase and improve pro bono legal services to low income clients.