Thursday, June 4, 2009

Foreclosure Crisis - Daily Business Review

Lenders across the nation whose portfolios are filled with bad commercial mortgages — including many secured by failed developments in Florida — are turning to auctions to unload their distressed assets. Palm Beach Gardens-based Carlton Advisory ..., more 
and FEMA could use foreclosed homes - Pensacola News Journal  Officials said Tuesday that it is an effort to find some benefit in the foreclosure crisis and keep people close to their homes and communities instead of scattering them around the country, which happened when Hurricane Katrina devastated New ..., more 
and Foreclosure filings dip in most of area - Raleigh News & Observer  Foreclosure activity fell in much of the Triangle last month, even as it notched another gain statewide. In Wake County, filings fell 15percent to 285 in May compared with the same month a year earlier, according to data from the N.C. Administrative ..., more 

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