Wednesday, August 5, 2009

Cabana Bay condo faces foreclosure - South Florida Business Journal

Bank of America has filed a foreclosure action on the Cabana Bay condominium project in Fort Lauderdale. The action, filed July 7, is over a mortgage last modified at $5.2 million in 2007 with a maturity expiration of June 2008. It targets Fort ..., more 
and Stumbling block to economic recovery: Rising jobless rate accelerating ... - San Jose Mercury News  WASHINGTON — Relentlessly rising unemployment is triggering more home foreclosures, threatening the Obama administration's efforts to end the housing crisis and diminishing hopes the economy will rebound with vigor. In past recessions, the housing ..., more 
and Stumbling block to economic recovery: Rising jobless rate accelerating ... - San Jose Mercury News  WASHINGTON — Relentlessly rising unemployment is triggering more home foreclosures, threatening the Obama administration's efforts to end the housing crisis and diminishing hopes the economy will rebound with vigor. In past recessions, the housing ..., more 

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