Friday, July 3, 2009

New Evidence on the Foreclosure Crisis - Wall Street Journal

What is really behind the mushrooming rate of mortgage foreclosures since 2007? The evidence from a huge national database containing millions of individual loans strongly suggests that the single most important factor is whether the homeowner has ..., more 
and Pima foreclosure filings spiked in June - Arizona Daily Star  Foreclosure filings in Pima County jumped in June, continuing a yearlong trend of growing distress among homeowners here. Through the first six months of the year, there have already been more foreclosure filings in Pima County than in either 2007 or ..., more 
and Ritz-Carlton owners sued for $9M of loan - Denver Business Journal  The Ritz-Carlton Denver is located at 1881 Curtis St. in downtown Denver. The owners of The Ritz-Carlton, Denver hotel are in default on multimillion-dollar loans related to the downtown property, but are working to make good on the debt ..., more 

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