Hartford Courant Makes Millions From Mandatory Foreclosure Advertising
February 24th, 2010 admin
Victims of foreclosure in Central Connecticut are required to pay The Hartford Courant at least twice as much for foreclosure ads as what real estate agents are charged for similar sized ads. Real estate attorneys who handle foreclosures told me this week that homeowners or banks pay $1,441.20 to $2,600 for each foreclosure ad that is
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The Hartford Courant is the only daily newspaper in Connecticut that charges a higher rate for victims of foreclosure than for anyone else purchasing similar ads in its Sunday real estate section. That information was contained in a document the Connecticut Daily Newspaper Association sent to state judges this week. After I disclosed the discrepancy,...
Connecticut judicial officials are preparing to pressure The Courant into providing lower rates for foreclosure advertisements or face the loss of more than $1 million a year in advertising revenue. Hartford County Superior Court Judge Julia Aurigemma said in a telephone interview today that she believes that The Courant’s minimum of $1,431...
State judicial officials have started reducing the number of foreclosure ads required to be published in The Courant after CtWatchdog disclosed that the nation’s oldest newspaper was charging victims of foreclosure higher advertising rates than they do for anyone else. Hartford Superior Court Judge Julia Aurigemma has already directed some lawyers...
Thousands of homeowners underwater on their equity have stopped making mortgage payments, not because they don’t have the money, but because they feel they can get away with it. As banks and other lenders face millions of potential foreclosures, they are in no rush to take over single family homes and condos for a variety of
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Almost 3 million homeowners received at least one foreclosure filing during 2009, setting a new record for the number of people falling behind on their mortgage payments.
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Hundreds of thousands of troubled homeowners who are making lower mortgage payments on a trial basis are at risk of being kicked out of President Obama’s foreclosure-prevention program.
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Revelations about The Hartford Courant’s high rate structure for mandatory public advertisements continue, with an East Hartford lawyer claiming that he had to pay a higher fee for a Courant legal notice than for any other newspaper – including the Courant’s sister paper – The Los Angeles Times. You can read attorney Ryan McKeen’s...
The Department of Consumer Protection is warning consumers about an online scam that involves apartment and home rentals through Craigslist, a popular free shopping Website. “We’ve been told by local real estate professionals that some of their real estate listings and home photos are being lifted from their websites and posted into fake Craigslist...
One of the largest medical practices in Connecticut is under investigation by the state attorney general’s office for its billing practices after two patients were thrown out for creating a fuss over being charged additional office visit fees as part of their routine physicals. Two West Hartford residents were told by Dr. Kent Stahl, CEO of...
CtNewsJunkie.com reports that Journal Inquirer of Manchester moved its plagiarism lawsuit against the Hartford Courant from state to federal court after The Courant sought to dismiss the suit in Superior Court on the grounds that it did not have jurisdiction on copyright issues. The story by Christine Stuart said The Courant had no comment. “The...
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