Sunday, June 21, 2009

Worse than subprime? Other mortgages are imploding slowly - Detroit Free Press

The mortgages in question are $230 billion of option adjustable-rate mortgages, creative lending products that flourished at the height of the housing boom. In an option ARM, a borrower can opt to pay less than his or her monthly balance due, and the ..., more 
and Site of Ledger's death facing foreclosure - The Money Times  New York -- The New York building where actor Heath Ledger died of an accidental prescription drug overdose is facing foreclosure, an attorney says. Attorney Kent Karlsson, who represents a minority owner of the building in New York's SoHo ..., more 
and TRUMBULL COUNTY COURT LISTINGS - Vindicator  Michael C. Martof, 34, of 3334 Bracken Fern Drive, Harmony, Fla., and Tina M. Shearer, 35, of same. Donald L. Naylor, 50, of 2701 Athens Drive, Warren, and Ruth A. Lynn, 52, of same. Benjamin H. Wilson, 33, of 1618 Shannon Road, Girard, and Bethany L ..., more 

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