Friday, June 26, 2009

Unemployment Vexes Foreclosure Plan - Wall Street Journal

Rising unemployment is complicating the Obama administration's effort to reduce foreclosures and stabilize the housing market. The first wave of mortgage delinquencies was sparked by borrowers who took out subprime mortgages and other risky loans ..., more 
and Milwaukee Brewers outfielder Ryan J. Braun buys Malibu foreclosure - Los Angeles Times  Milwaukee Brewers outfielder Ryan J. Braun has purchased a foreclosed home in Malibu for $4.85 million. The five-bedroom, seven-bathroom gated Mediterranean has ocean views and sits on more than an acre with a swimming pool, spa and built-in barbecue ..., more 
and Holyfield's real deal: Home back on auction block - PR Inside  FAYETTEVILLE, Georgia (AP) - Former heavyweight champion Evander Holyfield is facing foreclosure again on his sprawling estate in suburban Atlanta. But Holyfield told The Associated Press on Thursday that a settlement would be reached before the 54 ..., more 

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