Archive for January 7th, 2010

A Foreclosure Crisis Rooted, the Family Says, in Predatory Lending
New York Times
The bank had foreclosed on their property, and they were all being evicted. Emotions exploded. Not now, the family cursed. A sheriff's deputy was called to

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Budget cuts hitting foreclosure counselors despite continued need
Columbus Business First
The economy remains weak and foreclosures continue to plague Ohio, yet money from a federal foreclosure counseling program to help homeowners in trouble is
Challenges we face in the new decadeHillsboro Times Gazette

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Inland hotel foreclosures rise
Press-Enterprise
The Inland region led the state in hotel foreclosures last year, according to a year-end study by hotel brokerage and research firm
California Hotel Foreclosures Quadrupled in 2009 on Travel DropBusinessWeek
More California hotels in trouble in 2009Los Angeles Times (blog)
California hotel foreclosures up 313 percent in 2009Hotel News Now
Sacramento Business Journal
all 10 news articles »

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More California hotels in trouble in 2009
Los Angeles Times (blog)
The number of California hotels that are in default or in foreclosure continued to increase in 2009 because of slumping travel demand and declining real
California Hotel Foreclosures Quadrupled in 2009 on Travel DropBusinessWeek
307 California hotels in default in 2009Sacramento Business Journal

all 8 news articles »

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San Jose area bankruptcy filings hit record number
San Jose Mercury News
"It is clearly not even beginning to address the foreclosure problem," Hammes said. Hammes said there are so many bankruptcy filings that "everybody's

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Baltimore versus Wells Fargo dismissed
UPI.com
7 (UPI) — A federal judge in Baltimore says it was "implausible" Wells Fargo conducted racist lending policies that caused an expensive foreclosure
Wells Fargo Wins Dismissal of Baltimore Foreclosure LawsuitBusinessWeek
Wells Fargo mortgage case in Baltimore dismissedReuters
City's Wells Fargo lawsuit dismissedBaltimore Sun
Memphis Commercial Appeal -Housing Wire
all 165 news articles »

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California Hotel Foreclosures Quadrupled in 2009 on Travel Drop
BusinessWeek
7 (Bloomberg) — Hotel foreclosures in California more than quadrupled last year as business travelers and vacationers cut spending and commercial real

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REO Bank Foreclosures in Memphis Blamed on Wells Fargo
International Business Times
REO bank foreclosures in Memphis and other parts of Shelby County in Tennessee are being blamed on giant

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Isanti couple looks for foreclosure help from the state
Coon Rapids ECM Publishers
The Gaudreaus had lost their home to foreclosure — Donny Gaudreau, a construction worker, has been idled by the economy and the company the

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BB&T seeks foreclosure on Hollywood warehouses
Bizjournals.com
The Winston-Salem, NC-based bank filed the foreclosure lawsuit against Warrick Hollywood Properties, Warrick Southeast Properties and managing member George

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