Tuesday, June 16, 2009

Is Obama's foreclosure rescue plan working? - CNN Money

Richmond could afford his $1,600 monthly mortgage payment when he was making $63,000 as an accountant for Bank of America. But after his position was outsourced to India in 2006, the only work he could find was as a customer service representative at ..., more 
and Cortina in receivership - Rutland Herald  The Cortina Inn in Mendon changed hands on Monday when a Rutland Superior Court judge confirmed the final piece of foreclosure proceedings that began last July. The embattled inn closed last June after a second test found concentrations of the ..., more 
and The Horizon heads to the auction block - Birmingham Business Journal  The Horizon, a 16-story upscale residential project Downtown, will be up for auction July 7 at noon, another victim of foreclosure during this recession. The Bryan Co. , doing business locally as Riverside Bluffs LLC, defaulted on a $58.6 million ..., more 

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