A former Dearborn building and safety department employee pleaded guilty Tuesday to taking bribes to help people purchase foreclosed homes. Leticia Bosemon, 38, of Inkster admitted in U.S. District Court in Detroit that from 2006 through June 2008 ..., more
and Lenders on hand to try to help avert foreclosure - Sacramento Bee Representatives of 20 mortgage lenders are scheduled to meet one-on-one with struggling Sacramento-area homeowners at a foreclosure-prevention event Thursday in Sacramento. The event, sponsored by the Sacramento Housing and Redevelopment Agency, runs ..., more
and Editorial: Officials should probe mortgage assistance plan - Inside Bay Area IN FEBRUARY, WHEN President Barack Obama announced the Making Home Affordable Program, it looked as though, finally, troubled homeowners would get a helping hand. The new program the administration said would help some 5 million families avoid ..., more
Saturday, August 1, 2009
Watch out for foreclosure rescue schemes - Fort Lauderdale Sun-Sentinel
Never pay any fees up front for these services. Avoid high pressure sales tactics. Try first negotiating payments with your lender. To file a complaint: Call the Florida Attorney General's Office at 866-966-7226 or go here, more
and Bay Biz Buzz: Foreclosure auctions slow in June - Contra Costa Times Despite being exempt from California's foreclosure moratorium, many lenders in June chose not to schedule foreclosure auctions for delinquent borrowers, data from ForeclosureRadar show. Notice of trustee sale filings — in which lenders set an ..., more
and City says Deluxe Inn site is ripe for growth - Lansing State Journal With rooms rented by the week or day, the troubled Deluxe Inn in downtown Lansing has served as temporary housing for many. But if the city gets its way, the prime lot with easy access to Interstate 496 one day will be the site of apartments for ..., more
and Bay Biz Buzz: Foreclosure auctions slow in June - Contra Costa Times Despite being exempt from California's foreclosure moratorium, many lenders in June chose not to schedule foreclosure auctions for delinquent borrowers, data from ForeclosureRadar show. Notice of trustee sale filings — in which lenders set an ..., more
and City says Deluxe Inn site is ripe for growth - Lansing State Journal With rooms rented by the week or day, the troubled Deluxe Inn in downtown Lansing has served as temporary housing for many. But if the city gets its way, the prime lot with easy access to Interstate 496 one day will be the site of apartments for ..., more
Foreclosure fears for Stillwater's oldest house - Pioneer Press
The Brunswick House in Stillwater, shown circa 1930, has had several incarnations since it was built in the late 1840s. (Courtesy to the Pioneer Press: Washington County Historical Society) The Brunswick House, which dates back to the late 1840s, is ..., more
and Developer facing foreclosure - Post-Star GLENS FALLS -- The foreclosure process has begun on at least six properties in Glens Falls owned by real estate ventures headed by developer Charles Cefalu. Community Preservation Corp. is seeking to collect nearly $1.4 million owed for construction ..., more
and Denver theater avoids foreclosure, finds a buyer - Denver Post The New Denver Civic Theatre was sold Tuesday to Evergreen businessman Craig Lindsley. Financial details of the pending contract to purchase were not disclosed, but the asking price had been set at $1 million. Lindsley is a part-owner of jam-band ..., more
and Developer facing foreclosure - Post-Star GLENS FALLS -- The foreclosure process has begun on at least six properties in Glens Falls owned by real estate ventures headed by developer Charles Cefalu. Community Preservation Corp. is seeking to collect nearly $1.4 million owed for construction ..., more
and Denver theater avoids foreclosure, finds a buyer - Denver Post The New Denver Civic Theatre was sold Tuesday to Evergreen businessman Craig Lindsley. Financial details of the pending contract to purchase were not disclosed, but the asking price had been set at $1 million. Lindsley is a part-owner of jam-band ..., more
County seeks federal funds as third wave of foreclosures hits - Frederick News-Post
Frederick County is seeking $6.7 million from the federal government to help stabilize the local housing market. The county expects foreclosures to continue over the next two years, said Jennifer Short, director of the county's Department of Housing ..., more
and Forum helps homeowners find way to safe ground - Times Herald-Record GOSHEN — "We know what the bottom of the cliff looks like," said Steve Dallis. "Our toes are hanging over, and we're looking down." He was among 100 people who came to the Orange County Emergency Services Center Tuesday night facing the prospect of ..., more
and Bank seeks to foreclose on Manatee development - Herald Tribune MANATEE COUNTY - Wachovia Bank has filed a foreclosure lawsuit against developer Kevin Daves and the Concession Golf & Residences' development company, saying it has failed to repay a $22 million loan. Wachovia's lawsuit, filed last week in Manatee ..., more
and Forum helps homeowners find way to safe ground - Times Herald-Record GOSHEN — "We know what the bottom of the cliff looks like," said Steve Dallis. "Our toes are hanging over, and we're looking down." He was among 100 people who came to the Orange County Emergency Services Center Tuesday night facing the prospect of ..., more
and Bank seeks to foreclose on Manatee development - Herald Tribune MANATEE COUNTY - Wachovia Bank has filed a foreclosure lawsuit against developer Kevin Daves and the Concession Golf & Residences' development company, saying it has failed to repay a $22 million loan. Wachovia's lawsuit, filed last week in Manatee ..., more
Ill. county to help foreclosure-facing homeowners - CNBC
CHICAGO - Desperate homeowners may have a good opportunity to forestall foreclosure. Cook County's announced a series of workshops that'll hook homeowners up with mortgage-company representatives. The aim is for cash-strapped homeowners to secure ..., more
and Real Estate Meltdown - Daily Business Review or the third time in a year, the financially troubled Las Olas Riverfront complex in Fort Lauderdale is set to be sold in a foreclosure auction. The 246,000-square-foot complex, which is to be sold Aug. 27, had also been set for sale in August 2008 ..., more
and Loan Defaults - Daily Business Review ore than two years into the real estate crisis, many developers and property owners in South Florida are learning the hard way that there are times when you just need to let go — and now is one of those times. With no recovery in sight, borrowers ..., more
and Real Estate Meltdown - Daily Business Review or the third time in a year, the financially troubled Las Olas Riverfront complex in Fort Lauderdale is set to be sold in a foreclosure auction. The 246,000-square-foot complex, which is to be sold Aug. 27, had also been set for sale in August 2008 ..., more
and Loan Defaults - Daily Business Review ore than two years into the real estate crisis, many developers and property owners in South Florida are learning the hard way that there are times when you just need to let go — and now is one of those times. With no recovery in sight, borrowers ..., more
S.F. has lowest foreclosure sales rate in state in June - Birmingham Business Journal
San Francisco logged 70 foreclosure sales in the month of June, the fewest number of sales per population of any county in California, but still a 19 percent jump over May, according to a report released today by ForeclosureRadar. Overall San ..., more
and Reminder: big foreclosure prevention event Thursday - Sacramento Bee One of the biggest foreclosure prevention events yet for struggling homeowners in the Sacramento region will be held Thursday in Sacramento. The Sacramento Housing and Redevelopment Agency has scheduled a free six-hour event Thursday, July 16, where ..., more
and Bay Biz Buzz: Foreclosure auctions slow in June - Contra Costa Times Despite being exempt from California's foreclosure moratorium, many lenders in June chose not to schedule foreclosure auctions for delinquent borrowers, data from ForeclosureRadar show. Notice of trustee sale filings — in which lenders set an ..., more
and Reminder: big foreclosure prevention event Thursday - Sacramento Bee One of the biggest foreclosure prevention events yet for struggling homeowners in the Sacramento region will be held Thursday in Sacramento. The Sacramento Housing and Redevelopment Agency has scheduled a free six-hour event Thursday, July 16, where ..., more
and Bay Biz Buzz: Foreclosure auctions slow in June - Contra Costa Times Despite being exempt from California's foreclosure moratorium, many lenders in June chose not to schedule foreclosure auctions for delinquent borrowers, data from ForeclosureRadar show. Notice of trustee sale filings — in which lenders set an ..., more
Obama mulls new ways to delay foreclosure for jobless home owners - Lebanon Daily Star
NEW YORK/WASHINGTON: U.S. President Barack Obama is mulling new ways to delay foreclosure for jobless homeowners who are unable to keep up with monthly payments, an administration official said on Monday. The official told Reuters it was reasonable ..., more
and Can brokers afford to refuse foreclosure business? - San Francisco Gate Given that the foreclosure market has helped fuel home sales over the year, it seems crazy that any real estate broker in his/her right mind would refuse that business. A sale is a commission, after all, no matter the flavor. But, according to the ..., more
and More South Florida companies being investigated for foreclosure rescue ... - Fort Lauderdale Sun-Sentinel State officials have initiated seven new investigations of South Florida mortgage modification and foreclosure rescue companies so far this year -- bringing the total to 12 open cases -- following complaints from desperate homeowners scrambling for ..., more
and Can brokers afford to refuse foreclosure business? - San Francisco Gate Given that the foreclosure market has helped fuel home sales over the year, it seems crazy that any real estate broker in his/her right mind would refuse that business. A sale is a commission, after all, no matter the flavor. But, according to the ..., more
and More South Florida companies being investigated for foreclosure rescue ... - Fort Lauderdale Sun-Sentinel State officials have initiated seven new investigations of South Florida mortgage modification and foreclosure rescue companies so far this year -- bringing the total to 12 open cases -- following complaints from desperate homeowners scrambling for ..., more
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