Tuesday, July 21, 2009

U.S. asks banks to expand foreclosure prevention - Forbes

WASHINGTON, July 10 (Reuters) - The Obama administration is asking the largest mortgage finance companies to quicken the pace of modifying home loans and so help more troubled borrowers avoid foreclosure. The largest 25 mortgage servicers should ..., more 
and Commercial foreclosure rate triples this year - Newark Star-Ledger  Commercial foreclosures soared in New Jersey in the second quarter, with lenders and loan servicers going to court to take back 413 income-producing properties - nearly three times the number of such filings during the same period last year. About ..., more 
and ProElite, King of the Cage Close Strict Foreclosure Agreement - Newsblaze.com  ProElite CEO Charles F. Champion said that the agreement closed today and that the financial and legal issues between the two entities have been completely resolved. ProElite retains a number of prominent assets including a host of international MMA ..., more 

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