Archive for May 27th, 2009

Habitat for Humanity, Menlo Park team up
San Francisco Chronicle,  USA
Under the Neighborhood Revitalization Program, the nonprofit and the city are each putting up $500000 with the goal of acquiring and rehabilitating five foreclosed properties in Menlo Park's Belle Haven neighborhood, which has a high foreclosure rate,
Habitat for Humanity Introduces Foreclosure Acquisition Program PR Newswire (press release)
Habitat for Humanity turns to foreclosures abc7news.com
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Developer Mrazek in foreclosure on 7 area developments
Journal Times, WI
BY MICHAEL BURKE RACINE COUNTY — One of the Racine area's biggest developers, Joe Mrazek, and seven of his companies are in foreclosure, apparently recession victims. Norstates Bank of Waukegan, Ill., recently filed a foreclosure action in Racine

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So far, few settlements in foreclosure court conferences
Newsday, NY
The number of downstate foreclosure cases settled in newly-mandated court conferences is “meager," two state lawmakers said. The county-by-county “statistical snapshot” released last week by Sen. Jeff Klein (D-Bronx) and Assemb.

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Marquette law school to run foreclosure mediation program
Bizjournals.com, NC
The Marquette University Law School will provide mediation between lenders and residential borrowers facing foreclosure under a program funded with proceeds from a successful lawsuit against mortgage lender Countrywide Financial Corp.
Wis. uses settlement to start foreclosure program WKOW-TV.com
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Finance and Commerce
The big Twin Cities foreclosure flood
Finance and Commerce, MN
He said that homes sold the traditional way are holding their value relatively well but that the median price of home sales in the Twin Cities is being pulled down by the dropping prices of homes in or approaching foreclosure.
More foreclosure help needed in rural areas Morris Sun Tribune
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Legislative efforts to hold back foreclosure tide died in
Finance and Commerce, MN
by Betsy Sundquist Staff Writer A wave of foreclosures may sweep thousands of Minnesotans from their homes in coming months, but the state's Legislature won't be throwing them any life preservers. The Legislature did make a few stabs this year at
Lori Swanson: Veto ink spills on homeowners Minneapolis Star Tribune
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Wis. uses settlement to start foreclosure program
WKOW-TV.com, WI
(AP) - Wisconsin Attorney General JB Van Hollen says he's giving Marquette University Law School $310000 to start a foreclosure remediation program. The money comes from a deal Wisconsin struck in February with Countrywide Financial Corp.

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The Associated Press
April existing home sales inch upward, prices fall
The Associated Press
Now, prices have dropped to the point where he wants to buy a foreclosure in the $150000 range, but he's finding plenty of competition. "Since I sold at the highest point, I was waiting until I could buy at the lowest point," Gonzalez said.

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Habitat for Humanity turns to foreclosures
abc7news.com, CA
MENLO PARK, CA (KGO) — The Habitat for Humanity program that normally builds houses for underserved families is trying something new in Menlo Park because of the foreclosure crisis. They kicked off a brand new idea Wednesday to buy foreclosed homes in
Habitat for Humanity Introduces Foreclosure Acquisition Program PR Newswire (press release)
all 6 news articles

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Habitat for Humanity delves into foreclosures
abc7news.com, CA
MENLO PARK, CA (KGO) — The Habitat for Humanity program that normally builds houses for underserved families is trying something new in Menlo Park because of the foreclosure crisis. They kicked off a brand new idea Wednesday to buy foreclosed homes in
Habitat for Humanity Introduces Foreclosure Acquisition Program PR Newswire (press release)
all 5 news articles

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