Monday, June 22, 2009

The fire next door: As homeowners move on, fire moves in - Pantagraph

But in a city with more than 1,000 abandoned homes slated for demolition, it would have to wait its turn. Until, at 8:15 a.m. Oct. 8, the little house jumped the line. When firefighters arrived, the front of 1430 Jane was already swollen with flames ..., more 
and Option ARMs another hurdle for housing markets - Lexington Herald-Leader  WASHINGTON — Call it son of subprime. Experts warn that a new wave of mortgage foreclosures might be coming soon and could rival the default rates for subprime mortgages and slow efforts to find bottom in a prolonged national housing slump. The ..., more 

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