Monday, May 11, 2009

City, county to finalize plans for using foreclosure aid funds - Covington News

Covington will likely purchase its first foreclosed and bank-owned residential properties in June as part of the Neighborhood Stabilization Program. The county is also finalizing its NSP project and both the city and county are holding public ..., more 
and Foreclosure wave slams suburbia - Crain's Chicago Business  Home foreclosures are surging in Chicago's suburbs just as they level off or decline in many city neighborhoods already ravaged by mortgage defaults. Foreclosure cases filed in the first quarter jumped between 25% and 70% from the fourth quarter in ..., more 
and Condo foreclosure reform effort fizzles - Miami Herald  Florida's condominium associations will likely face another challenging year of fighting lenders and struggling with budget shortfalls after lawmakers ended their annual session without taking up condo foreclosure reform. Measures afloat to increase ..., more 

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