Archive for February 22nd, 2010

Oakland land trust to offer affordable housing option in wake of foreclosures
San Jose Mercury News
The foreclosed house on Olive Street is the first to be acquired by the Oakland Community Land Trust as it works to remove blight and renovate homes in

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San Francisco Chronicle (blog)

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Vegas House Bargains Dry Up
Wall Street Journal
A foreclosure bus tour organized by a real-estate agency takes prospective buyers to a bank-owned house in Las Vegas in March 2009.

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Three S.F. Personality Hotels to be foreclosed
San Francisco Business Times
Two of them, Hotel Frank and Hotel Vertigo, were recently renovated; the other one facing foreclosure is Hotel Metropolis. Hotel Diva and Kensington Park

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Real Estate News | BiggerPockets.com (blog)
California Foreclosure Help, New Foreclosure Program Help for Unemployed
FreeRateUpdate.com
By Kathryn Davis | February 22, 2010 at 4:41 pm | 0 Comments | RIVERSIDE CA, February 22 (FreeRateUpdate.com) – Obama produces yet another foreclosure help
Statement from NLIHC President Sheila Crowley on President Obama's New RealEstateRama
Stopping Foreclosures: How It Can Done Right (…and Wrong)San Francisco Chronicle (blog)
Nevada Gets Federal Foreclosure Aid – Finally!Real Estate News | BiggerPockets.com (blog)
NuWire Investor -Nevada Appeal -Credit Loan (blog)
all 10 news articles »

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Chippewa Herald
Ohio man bulldozes $350K home to avoid foreclosure
Washington Post
AP MOSCOW, Ohio — An Ohio man says he bulldozed his $350000 home to keep a bank from foreclosing on it. Terry Hoskins says he has struggled with the
Man Facing Tax Liens and Foreclosure Bulldozes His HomeWebCPA
Man Bulldozes House, but Media Only Tells Half the StoryLouisville Mojo (blog)
Man Bulldozes Home to Send Bank a MessageMyFox Los Angeles
Gather.com -WHAS 11.com (subscription) -Going Concern (blog)
all 222 news articles »

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Selling or Buying a Home With a Loan Under Water
New York Times
A short sale can hurt a borrower's credit score as badly as a foreclosure, but won't last as long. The blemish from a short sale depends, in part,

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County foreclosures drop in first month of 2010
San Diego Union Tribune
San Diego County housing defaults and foreclosures dropped from December to January, MDA DataQuick reported

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U.S. Weighs Changes to Mortgage-Relief Program
Wall Street Journal
During that period, which would allow borrowers to appeal against the decision, the servicer couldn't put the home up for sale at a foreclosure auction.
Roundhouse clamps down on foreclosure 'rescues'Bizjournals.com
California attorney general warns about 'phone foreclosures'Central Valley Business Times
Is The Home Loan Modification Program Stopping Foreclosures Or Is Unemployment Red, White, and Blue Press (blog)
Online PR News (press release) -Thaindian.com -News Submit
all 19 news articles »

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Already Glacial, Foreclosure Process May Get Even Slower
Wall Street Journal (blog)
Lenders are taking more than a year to complete foreclosure cases against many struggling home-mortgage borrowers.

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