Countrywide raids to nab errant traders (Sunday Observer)
February 28, 2009 by admin
Filed under Countrywide
Certain traders have started hoarding Samba rice to create an artificial shortage during the forthcoming Sinhala/Hindu New Year festive season.
Wells Fargo and National Urban League Publish New Foreclosure Prevention Workbook (Finanzen.net)
February 28, 2009 by admin
Filed under Wells Fargo
Wells Fargo announced today that with the National Urban League it will co-sponsor a new edition of The Foreclosure Workbook: The Complete …
Natchez project staves off foreclosure (The Rhinelander Daily News)
By Giles Morris Daily News Staff The Lac du Flambeau tribe and Big River Enterprises LLC, partners in the Grand Soleil Hotel and Casino project in Natchez, Miss., dodged a bullet yesterday. The partnership agreed to confidential terms with Britton & Koontz Bank over their default on a $3.7 million short-term loan that had prompted [...]
Huge home in foreclosure doesn’t muster one bidder (San Diego Union-Tribune)
It’s a bad sign when a new home that cost more than $10 million to build fails to attract even a single bidder at a foreclosure auction. Yet that’s what happened Feb. 13 when Chevy Chase Bank put a 15-bedroom, 17-bathroom Encinitas property on the block with an opening bid of $2.275 million. Link to [...]
Deerfield Beach mayor facing foreclosure: ‘I’m struggling’ (Sun-Sentinel)
Deerfield Beach Mayor Sylvia Poitier is facing foreclosure on one of her properties and owes taxes in two counties, with some bills dating back a decade. Link to the original Article
Training in foreclosure law urged (Louisville Courier-Journal)
Indiana’s dubious distinction as one of the leading mortgage-foreclosure states has faded some, but not enough for the judicial and legal communities to ignore. Link to the original Article
Congregation in foreclosure fight (Chicago Sun-Times)
Six years ago, Mount Ebenezer Missionary Baptist Church decided to build a community center down the street from its West Side chapel. Today, the congregation is left with an empty lot where the community center was to be and is facing foreclosure on its church. Link to the original Article
Natchez project staves off foreclosure (The Rhinelander Daily News)
By Giles Morris Daily News Staff The Lac du Flambeau tribe and Big River Enterprises LLC, partners in the Grand Soleil Hotel and Casino project in Natchez, Miss., dodged a bullet yesterday. The partnership agreed to confidential terms with Britton & Koontz Bank over their default on a $3.7 million short-term loan that had prompted [...]
HUD secretary, Congress debate foreclosure plans (Bluffton Today)
WASHINGTON — Against a backdrop of record-low new home sales and ballooning losses from foreclosures, Housing Secretary Shaun Donovan told lawmakers Thursday that the lending industry is set to launch the Obama administration’s $75 billion foreclosure prevention program next week. Link to the original Article
Civil disobedience is tool in new foreclosure fight (Queens Chronicle)
Home Defenders are advocating for civil disobedience to keep people in their foreclosed homes. (photo by Matt Hampton) Foreclosure is a fate that some Queens homeowners will no longer take lying down. Link to the original Article