Monday, June 29, 2009

Some banks slow to foreclose - Contra Costa Times

A growing number of American homeowners are falling into financial limbo: They're badly behind on payments, but their banks have not yet foreclosed. The backlog of seriously delinquent mortgages, which so far affects about 1 million borrowers, is a ..., more 
and State task force: Confusion, mistrust lead to unneeded foreclosures - Herald Tribune  TAMPA – Florida’s homeowners miss out on alternatives to foreclosure, including new federal programs, because they do not trust lenders or understand what they are saying, the chair of a state task force said Monday. Residential property owners ..., more 
and Foreclosures hurting Anderson County - Anderson Independent-Mail  ANDERSON — Anderson County residents have been hit hard by the foreclosure crisis, and there is no easy way to improve the situation. About 1,600 foreclosures are listed in Anderson County, according to RealtyTrac, an online marketplace for ..., more 

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