Thursday, May 28, 2009

12 percent of U.S. homes in foreclosure or behind on mortgage - St. Petersburg Times

NEW YORK — A record 12 percent of U.S. homeowners with a mortgage are behind on their payments or in foreclosure as the housing crisis spreads to borrowers with good credit. And the wave of foreclosures isn't expected to crest until the end of next ..., more 
and Man Charged With Foreclosure Arson - Wbaltv.com  WESTMINSTER, Md. -- The Maryland state fire marshal's office is investigating another case of foreclosure arson -- the third known case of financial arson this year. Police charged Stephen Swanhart, 48, of Westminster, with setting his house on fire ..., more 
and More Homeowners Facing Foreclosure - New York Times  More homeowners than ever before are falling behind on their mortgage payments and sliding into foreclosure, according to figures released on Thursday, a sign that the country’s housing crisis is spreading through the ranks of previously stable ..., more 

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