Questions answered on foreclosure law - Daily Reporter

The announcement of Michigan’s new foreclosure law, which became effective July 5, brought some questions as to how it would work.   As reported, the new Michigan law gives troubled mortgage holders a 90-day window to stay in their house and seek ..., more 
and Santa Rosa seeks funding to develop foreclosure properties - Santa Rosa Press Democrat  Twenty acres once planned for market-rate housing in Santa Rosa’s southwest and southeast quadrants — projects now in foreclosure — are being targeted by city officials for potential development of nearly 400 low-income apartments. The City ..., more 
and Short circuit: Struggling homeowners opt for alternative in order to ... - Wisconsin State Journal  Bill Ronne cuts base molding outside his home in Lodi. Ronne's unemployment benefits ran out this month, forcing him to unload the house at a loss to avoid foreclosure in a transaction known as a short sale. Area real estate experts say the number of ..., more