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$65M in "kickbacks" annually
4:53 pm
Mon August 4, 2014

NY regulators investigate mortgage empire

Benjamin Lawsky, superintendent of New York State Department of Financial Services.
Credit AP/Mike Groll

New York banking regulators are investigating one of the nation's largest non-bank mortgage servicing companies, Ocwen Financial, over worries the company is bilking $65 million a year in kickbacks from both struggling homeowners and investors.

Watchdogs are scrutinizing the controversial, but common, practice of forcing homeowners to buy overpriced property insurance once they fall behind in their mortgage payments.

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Culture
9:33 am
Mon August 4, 2014

Stratfords of the world bond over shared name, culture

Visitors from Stratford, Connecticut's sister cities gather on the lawn outside the Connecticut Shakespeare Theatre.
Credit Davis Dunavin

About 100 travelers from the U.K., Canada, Australia, and New Zealand are in Connecticut for the Stratfords of the World Reunion. They all have one thing in common: they’re from towns called Stratford.

Stratford is a name made famous as the hometown of the world’s greatest playwright. And Shakespeare is never far from the minds of those at the reunion, like Hilary Rash of Stratford, Australia. 

“We all have a Shakespeare connection. We don’t even all have a River Avon. Some do, some don’t,” she said.

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Culture
5:38 pm
Sat August 2, 2014

Tens of thousands gather for vibes in Bridgeport

Credit Cooper McKim

Organizers for the Gathering of the Vibes festival in Bridgeport, Connecticut this weekend say about 20,000 people per day have been attending. Some festival goers describe the event as a throwback to the 1960's with lots of tie die and a "hippy" mentality. There has also been an effort to make the event family friendly.

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Science
10:45 am
Fri August 1, 2014

Fossils reveal giant sea bird once roamed the sky

Liz Bradford's illustration of the Pelagornis Sandersi

Scientists have discovered the fossilized remains of what may have been the largest marine bird, dating back 25 million years ago. The Pelagornis Sandersi weighed 180 pounds and had an estimated wingspan of 24 feet.

This finding was announced in an article published in the “The Proceedings of The National Academy of Sciences” earlier this summer. The author is Dr. Daniel Szepka, a paleontologist, who is the curator of science at the Bruce Museum in Greenwich.  Fairfield County Public Radio's Bill Buchner discussed the finding with Dr. Szepka.

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"Hidden issue will erupt"
7:32 pm
Thu July 31, 2014

Democrats bank on student debt

Huntington, N.Y., Democrat Steve Israel says student loan debt gives his party the advantage in November's elections.
Credit AP/Evan Vucci

At a breakfast meeting in Washington on Tuesday, Congressman Steve Israel was eating eggs and fielding questions from reporters about fundraising statistics and battleground districts.

But halfway into the meeting, he put down his fork and talked about student debt.

"Forgive me for this, but this is what you guys are missing," Israel said, "This issue is so potent it surprised me."

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