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  • Cannabis Industry Singled Out?

    mj indoorgrowMason County PUD#3's new rate schedules have members of the I-502 Industry concerned. The members feel they have been singled out, and will have the highest PUD electrical rate structure levied on them.  The I-502's are not asking for special treatment, just equal treatment given… Read More +

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  • Audit: Room For Improvement On Welfare Benefits

    olympiaA state audit of the Department of Social and Health Services' food and financial assistance programs to low-income residents found the state could save or recover an estimated $1 million in benefits paid out to people who are ineligible because they either make too much money… Read More +

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  • Sherman, Baldwin Dig At NFL In Press Conference

    lynchbaldwin nflWith the help of a cardboard cutout, the Seattle Seahawks' Richard Sherman and Doug Baldwin took digs at the NFL during a news conference on Tuesday after the league issued a $100,000 fine to teammate Marshawn Lynch for not speaking to the media. Sherman and Baldwin made mention of everything

    Read More
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Foreclosure Filings Drop 2%; Starts Hit Eight-Year Low

b_250_0_16777215_00_images_obgrabber_2013-09_892248b3be.jpgiStockPhoto/Thinkstock (NEW YORK) -- Foreclosure activity in the U.S. dropped 2 percent in August, marking the 35th consecutive month in which the figure has fallen on an annual basis, the latest report from RealtyTrac shows. The foreclosure tracking firm says 128,560 properties received a foreclosure filing last month, a decrease of 34 percent from August 2012.

RealtyTrac attributes the drop mostly to a smaller number of foreclosure starts in August.

"A total of 55,775 U.S. properties started the foreclosure process during the month, down 44 percent from a year ago to the lowest level since December 2005," the report states.

But one figure was up last month: Bank repossessions.

"That actually I believe is a function of the recovering market.  The banks now feel more comfortable foreclosing because home prices are higher.  They know when they foreclose, that they can actually recoup more of their losses now than they would have even a year ago," RealtyTrac Vice President Daren Blomquist explains to ABC News Radio.

Foreclosure completions rose 6 percent in August and were up in 26 states.

Copyright 2013 ABC News Radio

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