Archive for March 16th, 2010

Police Officers Fighting Crime By Fighting Foreclosure
WISN Milwaukee
MILWAUKEE — Police officers are joining forces with city and community organizations to connect at-risk homeowners with foreclosure help.
Police officers help community effort saving Milwaukee homeowners from foreclosureFOX6Now.com Milwaukee

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Data show surge in consumer cases in fiscal 2009
The Associated Press
The figures for fiscal 2009 also show a tripling of new foreclosure cases, to 1517, brought in federal court under the Truth in Lending Act. Foreclosure

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Promenade Shops at Centerra foreclosure sale continued until April
The Coloradoan
Notice of election and demand begins the foreclosure process and gives the property owner two to eight months to show an effort to repay the debt.
Centerra retail center auction on holdReporterHerald.com
Promenade Shops auction delayedReporterHerald.com
Foreclosure auction of Promenade Shops at Centerra delayedThe Coloradoan

all 5 news articles »

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Seattle Post Intelligencer (blog)
Real estate pros looking for work, ready to move?
San Francisco Chronicle (blog)
Loan Resolution Corporation is adding 100 positions in Scottsdale, Arizona, to meet demand for the government's new Home Affordable Foreclosure Alternatives
Loan Resolution Corp. to hire 100Bizjournals.com
Short Sale Plan: Borrowers Who Vacate Can Still Avoid ForeclosureeCreditDaily.com
Loan Resolution Corporation adds 100 employees to meet rise in short salesNational Mortgage Professional Magazine
Housing Wire
all 34 news articles »

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Atlanta Business Chronicle
Trump name no guarantee of success in South Florida
Sun-Sentinel
Trump International Hotel & Tower, which faces foreclosure, is just one of several projects linked to real estate mogul
Trump Facing Foreclosure in Fort LauderdaleNBC Miami
Trump Tower Woes Mount With Foreclosure SuitBroward New Times (blog)
Luxury apartment tower advertised for foreclosureAtlanta Business Chronicle
South Florida Business Journal -UPI.com
all 15 news articles »

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How many foreclosures show mortgage fraud?
OCRegister (blog)
25% of foreclosures show fraud in the initial application. 30 to 70% of early payment defaults show fraud in the application.
Underwater owners struggle to stay afloatColumbia Daily Tribune
Short sales bail out owners who owe more than home is worthSt. Louis Post-Dispatch
Mortgage Fraud Declines but Remains VirulentWall Street Journal (blog)
PR Newswire (press release) -MSN Money
all 22 news articles »

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Maine foreclosure rates increase
Trading Markets (press release)
The number of Maine homes entering foreclosure in 2009 was about 20 percent higher than in 2008, according to the state's Bureau of Consumer Credit
Foreclosures up in 2009Mainebiz Daily
Concern Over Rise in Foreclosures Eased by Positive SignsMPBN News
Bureau of Financial Institutions Announces Continued Modest Increase in Home RealEstateRama
BusinessWeek
all 14 news articles »

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Miami-Dade could lose $1M in foreclosure
Bizjournals.com
Aventura-based investment group Capital Loft Miami filed a foreclosure lawsuit against 117 NE 1st Avenue LLC and Miami-Dade County over the 47 unsold units

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San Francisco Chronicle (blog)
Will more foreclosures even make a ripple in SF?
San Francisco Chronicle (blog)
Sadly, according to the Associated Press, hundreds of thousands of people who have applied for aid under the federal foreclosure prevention program have yet

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