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N.C. Regulator Tapped To Handle $25B Mortgage Deal

Joseph Smith Jr. has been chosen to oversee the multibillion-dollar national mortgage settlement announced earlier this week. Smith is described as a man who understands the plight of the homeowner without forgetting what makes a successful banking industry work.

Hard Times Familiar in Okfuskee County, Okla.

Okfuskee County in Oklahoma is the birthplace of Woody Guthrie, who would have turned 100 this year. Much of the economic problems Guthrie sang about were from what he saw in the county, which was once the largest all-black community in the country. Guthrie's music still resonates there, especially in the town of Boley, where hope is hard to come by. Logan Layden of State Impact Oklahoma reports.

Oklahoma Opts Out Of Foreclosure Deal

Robo-signing and dual tracking wrongfully foreclosed on homes all across the country. Almost every state will accept the $26 billion federal settlement — all except Oklahoma. Weekends on All Things Considered host Guy Raz speaks with Oklahoma Attorney General Scott Pruitt about why he chose to opt his state out of the federal foreclosure abuse settlement.
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Eastern Shore Tourism Continues Strong

Data from a new report shows tourism industries in the eastern shore is still one of the biggest economic boosters in Maryland and Delaware.

Mild Weather Warming Local Budgets

Most of the country is having a mild winter, and that's having a positive impact on cities and towns. Local governments report being able to continue roadwork uninterrupted, and cities that are usually cleaning up after winter storms are saving tens of thousands of dollars.

Angel Investors And Startups Mingle In Milwaukee

In this post-recession era, angel investor groups have stepped in to finance startup companies that banks and venture capitalists deem too risky. Twenty of those groups are in Wisconsin, including one that meets at a Milwaukee social club where local money is finding its way to local startups.

How Will Banks Divide $25 Billion Settlement?

Audie Cornish talks to Chris Arnold about how money from the robo-signing agreement will be spent. The settlement — worth about $25 billion — will bring a huge increase in loan modifications and provide small checks to people who lost their homes to foreclosure.

Deal With Banks Isn't Only Way For Homeowners To Get Help, HUD Chief Says

There's been some skepticism about how much help the $25 billion package will give hard-hit homeowners. HUD Secretary Shaun Donovan says there are other remedies for those who were devastated.