By Charlene Crowell Since 2004 approximately 8 million homes have been lost to foreclosure, according to CoreLogic, a national mortgage data firm. Although the number of homeowners entering foreclosure has fallen dramatically since the height of the crisis, 434,000 home-owners remained in some stage of foreclosure in February. Serious mortgage delinquency,...
To commemorate Earth Day, NIPSCO has awarded 14 grants totaling $50,000 through a new environmental grant to support local nonprofit organizations with environmental initiatives. The goal of NIPSCO’s Environmental Action Grant is to provide funding for restoration and education projects throughout northern Indiana. "We received nearly 50 applications, all with...
By Charlene Crowell For more than a decade, state and local consumer advocates have challenged triple-digit interest rates on small-dollar loans like payday and car-title. To their combined credit, 14 states and the District of Columbia have enacted laws to limit interest and fees to about 36 percent. Despite these successful...
By Carmen M. Woodson-Wray, Gary Crusader Carlton L. Guthrie is co-chairman and president of Detroit Chassis LLC and its parent company, Spectra LLC headquartered in Detroit, MI. He and his brother Michael are the sole shareholders of Spectra, which has a majority interest in several automotive related businesses. Their business...
Edgewater Behavioral Health Services recently announced its newest Corporate Board Members: Dr. Regina Biddings-Muro, Vice Chancellor of Institutional Advancement for Purdue Calumet; Jonathan Anderson, President of Anderson Partners LLC, AP Development LLC; Ben Toles, General Manager at B. Coleman Aviation LLC; and Lake County Prosecutor Bernard Carter. According to Dr....
By Charlene Crowell When it comes to consumer concerns, debt collection remains the top complaint most often reported to the Consumer Financial Protection Bureau (CFPB). Two newly released CFPB reports reveal which consumers are most at risk and the businesses most often identified in debt collection issues. As of March 1,...
By Carmen M. Woodson-Wray, Gary Crusader Operations Integration and Strategy Director for Northern Indiana Public Service Company (NIPSCO) Michael Suggs says he is not sure how the magazine African American Career World located him, but it’s a magazine that every February does an article that lists some of the top...
ECIER Foundation hosts monthly workshops for students enrolled in their program that empowers and teaches innovation and entrepreneurship. Mayor Karen Freeman-Wilson shared valuable information on how entrepreneurs can do business with the City of Gary. During her recent workshop hosted at City Hall she shared the current economic climate of...
By Charlene Crowell, Chicago Crusader Sometimes you just have to wonder what Members of Congress are thinking about. Consider the example of a bill known as H.R. 4018. First filed last November with only five co-sponsors. By mid-December the co-sponsor list grew to 24 representing districts in seven states. Most notably,...
At the recent Rainbow PUSH Wall Street Project Economic Summit, hundreds of experts from Wall Street, corporate America, sports, hip-hop, the religious community and Africa came together to address how to fight racial and economic injustices in corporate America. There were titans of tech and powerful politicians, investors and...