Archive for June 15th, 2009

Bend foreclosures on the rise; squatters take advantage
KTVZ, OR
COM As more houses in Central Oregon and nationwide fall into foreclosure and sit empty, a new problem is creeping up: Squatters are breaking in and doing drugs, lighting fires, leaving a mess - and police are having a hard time finding them all.

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HispanicBusiness.com
California puts 90-day hold on foreclosures
Los Angeles Times, CA
California is imposing a 90-day moratorium on housing foreclosures under a new law that took effect Monday. The law is expected to make lenders try harder to keep borrowers in their homes. Lenders must prove they tried to modify the delinquent loans
Foreclosure freeze prods banks to modify loans San Francisco Chronicle
Little relief in new foreclosure law San Jose Mercury News
Bay Area owners hope to avoid foreclosures abc7news.com
KFMB - KGO-TV
all 140 news articles

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HispanicBusiness.com
Foreclosure freeze prods banks to modify loans
San Francisco Chronicle,  USA
(06-15) 18:25 PDT — California implemented a new foreclosure moratorium today to goad banks into modifying mortgages for struggling homeowners. The California Foreclosure Prevention Act adds 90 days onto the time period between when homeowners default
Little relief in new foreclosure law San Jose Mercury News
Bay Area owners hope to avoid foreclosures abc7news.com
New California foreclosure law in effect KGO-TV
KCBS - OCRegister
all 134 news articles

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Foreclosure cloud lined with more clouds
Examiner.com
Experts say foreclosure moratoriums, ironing out federal regulations and other mangled mortgage market-in-transition conditions may be masking the true level of foreclosures. The TransUnion report comes on the heels of other bad housing news that

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Tips for Selling Your Home to a First-Time Buyer
Wall Street Journal
To get the typical first-time buyer to bite and submit an offer, a house has to stand apart from the competition — and there's a lot of it, including foreclosure homes that are selling at hefty discounts. One big thing working in favor of the

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London mansion seized in foreclosure
United Press International
LONDON, June 15 (UPI) — A seven-bedroom house in London's swanky Mayfair neighborhood has been repossessed, in what analysts said is believed to be Britain's largest foreclosure. The house belonged to Cevdet Caner, who bought it in 2007 for 16 million

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Little relief in new foreclosure law
San Jose Mercury News,  USA
By Eve Mitchell Lenders in California now have to provide a 90-day moratorium on foreclosure proceedings where no effort was made to work with the borrower to modify the terms of a home loan under a new state law rolled out Monday.
Calif. Foreclosure Moratorium KCBS
California's 90-day foreclosure moratorium starts, sort of OCRegister
Florida courts urge mortgage renegotiations MiamiHerald.com
Staten Island Advance - SILive.com - Mortgageorb
all 128 news articles

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Foreclosure Market Keeps Prices Down
KXNT, NV
Bargain basement prices sought by buyers, as banks look to dump the glut of foreclosed properties on the market. One condominium location on the Strip has reduced its prices to $100000, while the lowest price in the valley is $25000 for a 7000
Foreclosure Market Amps Up KXNT
all 2 news articles

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Rep: Stephen Baldwin's Home Not in Foreclosure
People Magazine
By Vickie Bane I'm a Celebrity … Get Me Out of Here! star, Stephen Baldwin, 43, may not be going anywhere when it comes to being evicted from his Rockland County, NY home. Denying a recent report that said Baldwin's 1.4-acre property outside NY city is
"I'm A Celebrity…" Star Stephen Baldwin's Foreclosed Home Going AHN
all 4 news articles

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MyFox Tampa Bay
Family facing foreclosure loses home in fire
Tampa Bay’s 10, FL
Tampa, Florida - They were already down on their luck facing foreclosure, now an East Tampa family suffered another blow. An electrical fire destroyed their home Sunday night. Hillsborough County Fire Rescue says an outlet in a back bedroom had too
Fire destroys home facing foreclosure MyFox Tampa Bay
East Tampa family of seven loses home to fire Tampabay.com
Firefighters quickly extinguish house fire Tampa Tribune
Tampa Tribune
all 6 news articles

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