Tuesday, May 26, 2009

Job losses speed foreclosure pace - Herald Tribune

As job losses rise, growing numbers of American homeowners with once solid credit are falling behind on their mortgages, amplifying a wave of foreclosures. In the latest phase of the nation's real estate disaster, the locus of trouble has shifted ..., more 
and County gets funds for crisis intervention - Asheville Citizen-Times  ASHEVILLE — Buncombe County has received $60,000 in emergency federal funding that should help the growing number of families having a hard time paying their utility bills. The money, made available through the Crisis Intervention Program, will ..., more 
and Face-Lift for Foreclosure Prevention - Washington Post  The Obama administration is attempting to revive a stalled government foreclosure prevention program that could restore equity to hundreds of thousands of borrowers whose home values have plummeted. After eight months, the program, known as Hope for ..., more 

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