Wednesday, June 17, 2009

Foreclosure freeze in California - San Francisco Gate

The California Foreclosure Prevention Act, signed by Gov. Schwarzenegger in February, adds 90 days onto the time period between when homeowners default on a loan and when their home can be repossessed in foreclosure. Banks can avoid the 90-day holdup ..., more 
and Voros: Foreclosure waves fed by `Hank's Choice" - Inside Bay Area  If they were waves in the ocean, they would be a surfer's dream. But the biggest obstacles to our economic recovery are a steady wave of foreclosures, causing historic home-value losses and nightmares for homeowners that show no end in sight. Last ..., more 
and Mayor Sam Adams' house goes into pre-foreclosure - kgw.com  PORTLAND, Ore. – Mayor Sam Adams’ house was set to be listed in foreclosure. The Mayor’s office said Tuesday the house was going into pre-foreclosure due to mounting legal bills. The mayor is facing an investigation by the state Attorney ..., more 

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