Archive for June 5th, 2009

Foreclosure: Now an Upscale Blight
BusinessWeek
But housing can't revive as long as the market is being flooded with homes that are falling into foreclosure. And far from going away, the problem is broadening. It's not just about subprime anymore. Now, people with excellent credit who never dreamed
Is commercial sector primed to fall next? The Free Lance-Star
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Nevada Supreme Court drafting foreclosure mediation rules
Legal News Line, DC
(Legal Newsline)-The Nevada Supreme Court has begun drafting rules for mediating foreclosure cases, officials said Friday. The state's high court's move comes on the heels of a new state law — outlined in Assembly Bill 149 — aimed at helping
Nevada Supreme Court starts foreclosure mediation process KTVN
Nevada lawmakers OK more judges, appeals court KTVN
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Island Harvest offers foreclosure workshops
Newsday, NY
BY ELLEN YAN | ellen.yan@newsday.com It might sound unusual that Island Harvest, better known for distributing surplus food, has been organizing foreclosure prevention workshops. But increasingly, there's a tie-in between mortgage woes and the traffic

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'Sleeper House' foreclosure is withdrawn
Bizjournals.com, NC
A foreclosure action filed early this year against the so-called “Sleeper House” in Golden, one of Colorado's most famous homes, was withdrawn in May, according to Jefferson County foreclosure records. The futuristic-looking house sits on Genesee

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The Associated Press
Can't refinance? Try your congressman
The Associated Press
As a body, Congress has failed to come up with a broad fix for the foreclosure crisis. So some lawmakers are helping homeowners one at a time and seeking creative ways to make a difference in their districts. Rep. Elijah Cummings, a Maryland Democrat

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Pompano Beach warehouse targeted for foreclosure
Bizjournals.com, NC
The owner of a warehouse in Pompano Beach was targeted by a foreclosure lawsuit in Broward County Circuit Court. Knoxville, Tenn.-based G&R Snyder Ltd. owns the 66555-square-foot facility, on 3.8 acres at 1711 and 1755 N. Powerline Road,

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Pompano warehouse targeted for foreclosure
Bizjournals.com, NC
The owner of a warehouse in Pompano Beach was targeted by a foreclosure lawsuit in Broward County Circuit Court. Knoxville, Tenn.-based G&R Snyder Ltd. owns the 66555-square-foot facility on 3.8 acres. It's at 1711 and 1755 N. Powerline Road in Pompano

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Grand Lacuna golf course hit with foreclosure
Bizjournals.com, NC
The owner of the Grand Lacuna Golf & Country Club in Lake Worth is facing a foreclosure lawsuit from its lender. This marks the second golf course in Palm Beach County with a pending foreclosure action against it. A different lender is suing the

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Aventura site faces foreclosure
Bizjournals.com, NC
The owner of a 1.6-acre site in Aventura faces a foreclosure lawsuit from an investment fund. Safira Fund SPC, which is registered in the Cayman Islands and has an office in Coral Gables, filed the foreclosure action on May 28 against REI Southeast,

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Lottery to be held to buy fixed-up LI foreclosures
Newsday, NY
People will soon be able to apply for affordable homes in Suffolk County as part of a program to buy and rehab foreclosures. The income limits for applicants will depend on family size, but for a household of four, the income must be less than $122200.

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