Five apartment complexes notified for foreclosure sales - Daily Territorial

Five apartment complexes owing a combined $53 million in principal have received notices of possible foreclosure. The Bascom Group LLC, headquartered in Irvine, Calif., is the listed owner of the five complexes through its Bascom Arizona Ventures LLC ..., more 
and Joblessness helping fuel foreclosure crisis - Boston Globe  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 Administration Weighs More Foreclosure Aid - Washington Post  A top Treasury Department official told a Senate panel yesterday that the government is considering a proposal to allow homeowners to stay in their home as renters after a foreclosure. If enacted, the plan would attempt to address the glut of vacant ..., more