Archive for June 28th, 2009


New York Times
A Plan to Stem Foreclosures, Buried in a Paper Avalanche
New York Times
If the effort fails, foreclosures will continue to surge and home prices will probably keep falling, sowing fresh losses in the financial system and

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Foreclosures becoming overwhelming for city
WYMT
But as more and more homeowners face foreclosure, officials in Georgetown are facing the challenge of tending to homes that now sit empty.

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Banks' Bugbear: Commercial Real Estate
Wall Street Journal
Commercial real estate can even be an issue for investors after underlying properties have been foreclosed on. Then, investors should gauge if banks are

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Foreclosure picture soon to change: Loan modification may add
Crain’s Detroit Business
Companies in the residential real estate industry are gearing up for changes in the foreclosure process to take effect next month.

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Obama administration should take closer look at Nevada's
Las Vegas Sun
Leaving the refinancing program unchanged could have the unintended effect of making Nevada's crisis worse because that would place foreclosure rates at

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Foreclosure crisis creates unique hardships for renters
FOX2now.com
When owners of apartment buildings go into foreclosures the consequences can be dire for renters left behind. (Peter Andrew Bosch/Miami Herald/MCT) After

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Signs of a foreclosure scam
Modesto Bee
If you are in danger of losing your home to foreclosure, you may be a prime target for a foreclosure rescue scheme. The Stanislaus County district

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Foreclosures: The poor pets are getting left behind
Sacramento Bee
The Bee has a done a couple of heartbreaking stories in past months on pets left behind in foreclosure situations. But the problem continues.

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Daniel Rubin: A leukemia battle lost, a foreclosure forgone, and
Philadelphia Inquirer
She's the woman I wrote about this month who was served with foreclosure papers on her Ambler home a day after her autistic son, Bob, drowned in the bathtub

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Riverside buys some of the worst foreclosed homes
Press-Enterprise
Riverside housing officials are on a home-buying spree, picking up vacant and foreclosed houses that appear well beyond the fixer-upper

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