Friday, June 12, 2009

State handing out $121 mil in gov't funds to buy foreclosures - AZCentral.com

Arizona is ready to spend more than $121 million in federal housing funds to help people buy homes in neighborhoods blighted by foreclosures. The money arrived in April under the Neighborhood Stabilization Program put in place last year, before the ..., more 
and Nationally, foreclosures dip 6% in May - Denver Post  WASHINGTON — The number of U.S. households on the verge of losing their homes dipped in May from April, and the annual increase was the smallest in three years. But as layoffs, rather than risky mortgages, become the main reason that borrowers ..., more 
and Marcola project gets reprieve A bank has agreed to briefly postpone a ... - Register-Guard  The owner of the 100-acre Marcola Meadows project received a two-week reprieve from a bank that had planned a foreclosure sale today at the Lane County Courthouse. Owner representative Jeff Belle of Reno, Nev., is scrambling to find $8.3 million to ..., more 

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