Archive for February 3rd, 2010

Foreclosures on downward trend
Tampa Tribune
BROOKSVILLE - Hernando County posted a 26 percent decline in foreclosure cases in January, the lowest it has been in 14 months.
Lee County foreclosure filings downNBC2 News

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Foreclosure sale prods One City Centre renovation
St. Louis Post-Dispatch
An investment entity managed by Hastie bought the 25-story building Wednesday by placing the only bid — $12.7 million — at a foreclosure sale.
One City Centre, Arcade sold at foreclosureBizjournals.com
Bank takes back Arcade in foreclosureSt. Louis Post-Dispatch (blog)
Foreclosure boosts One City Centre rehabSt. Louis Post-Dispatch (blog)
St. Louis Post-Dispatch (blog)
all 6 news articles »

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VIDEO from Medialink and Freddie Mac: Help for Families Facing Foreclosure
PR Newswire (press release)
Borrowers in some stage of foreclosure are 60 percent more likely to keep their homes than other borrowers, according to a recent study from NeighborWorks
Fannie Mae Promoting Purchase Of Foreclosures With Temporary DiscountNuWire Investor
Foreclosure counseling availablePress-Enterprise
Foreclosure looms? Get help hereChicago Sun-Times
Wall Street Journal -ICIS (subscription) (blog) -Right Pundits
all 44 news articles »

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Telegraph.co.uk
Detroit home encased in ice
TODAYonline
Detroit's foreclosure rate is among the nation's highest. Gregory Holm, a New York-based photographer, and Matthew Radune, a New York architect,
Abandoned home encased in iceBBC News
Abandoned house becomes ice houseWBIR-TV
Detroit's 'Ice House' turns depressing blight into glistening artMichigan Messenger
Only Kent (blog) -Flavorwire (blog) -National Ledger
all 338 news articles »

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Mansion condos in flux as building is sold in foreclosure
Atlanta Journal Constitution
David J. Burge, a local attorney for Smith Gambrell & Russell, represented iStar during the foreclosure sale and confirmed the transaction,
Hotel Foreclosure Watch: iStar Reclaims its PeachWall Street Journal (blog)
Mansion on Peachtree sold at auctionBizjournals.com
Buckhead's Mansion on Peachtree sold in foreclosureAtlanta Journal Constitution

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1010 Wins
Harlem's Riverton Houses to Be Sold in Foreclosure
WNYC
by WNYC Newsroom NEW YORK, NY February 03, 2010 —A state judge has ordered the foreclosure sale of the Riverton Houses in Harlem to satisfy the nearly $241
Riverton Houses in Harlem to Be Sold in ForeclosureNew York Times
Former Home of David Dinkins Falls Prey to Housing BustDNAinfo
Riverton Goes on Auction BlockGlobeSt.com
myfoxny.com
all 8 news articles »

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One City Centre, Arcade sold at foreclosure
Bizjournals.com
Bank of America, the lender on both projects, was the sole bidder for the One City Centre office tower for $12.7 million and the Arcade building for $9
Foreclosure boosts One City Centre rehabSt. Louis Post-Dispatch (blog)

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• Ohio Sues California Foreclosure Rescue Operations for Conning Consumers
Consumer Affairs
The lawsuit alleges that the law firm promised foreclosure rescue and legal services to save homes and collected upfront fees but failed to deliver.

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The $100K House: Builders Go Cheap To Compete with Foreclosures
Wall Street Journal (blog)
(Buyers' Revenge: Trash the House After Foreclosure.) “We know that our competition is not the other builders,” says Stephen Palmer, chief financial officer
Home Builders Cut Prices, Work FasterWall Street Journal

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Fannie Mae Promoting Purchase Of Foreclosures With Temporary Discount
NuWire Investor
Fannie joins the US Department of Housing and Urban Development (HUD) in providing additional financing for foreclosed property.
Foreclosure counseling availablePress-Enterprise
Foreclosure looms? Get help hereChicago Sun-Times
How Banks Can Win From Being SecondWall Street Journal
ICIS (subscription) (blog) -Right Pundits -Reuters
all 47 news articles »

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