Dawson: State shuts down "foreclosure rescue" firm (Orlando Sentinel)
This just in. Important reading for any homeowner dealing with foreclosure: Attorney General Bill McCollum announced today that his office has obtained a settlement with an Orlando company that provided foreclosure services to consumers. Link to the original Article
Ram Realty files foreclosure on commercial site (BizJournals)
A company controlled by Palm Beach Gardens-based Ram Realty Services has filed a foreclosure lawsuit against the owner of an undeveloped commercial site in Boynton Beach. Link to the original Article
Real Estate Weekly: Foreclosure worries mount as job losses grow (Market Watch)
About half of all Americans are concerned they or someone they know will face foreclosure in the next year, according to a recent survey commissioned by Move Inc., the operator of Realtor.com. Link to the original Article
For some banks, foreclosure just not worth it (Sun-Sentinel)
That is, lenders are deciding not to take back the homes at the end of the foreclosure process, in many cases because the cost of foreclosing exceeds the value of the property. That means big headaches for the owner, who still technically is on the hook for the mortgage. Link to the original Article
Black Rock North faces foreclosure (KHQ Spokane)
COEUR D’ALENE, Idaho – Bankers have filed a $14.6 million foreclosure action against one of developer Marshall Chesrown’s ambitious and upscale projects overlooking Lake Coeur d’Alene. Link to the original Article
Foreclosure-prevention workshop being held in Newark (The Star-Ledger)
Homeowners facing foreclosure have a chance to talk with representatives from their mortgage company in person to try and modify their loans at a workshop today in Newark. It’s being run by the Hope Now Alliance – the same group… Link to the original Article
D-FW commercial foreclosure postings rise 14% at start of 2009 (Dallas Morning News)
The number of Dallas-Fort Worth commercial properties facing foreclosure rose 14 percent in the first four months of 2009 compared with the same period last year. Link to the original Article
Black Rock North faces foreclosure – Fri, 03 Apr 2009 PST (The Spokesman-Review)
Bankers have filed a $14.6 million foreclosure action against one of developer Marshall Chesrown’s ambitious and upscale projects overlooking Lake Coeur d’Alene. The complaint filed by American Bank, based in Bozeman, Mont., centers on Black Rock North, a 1,100-acre tract that Chesrown and his investment companies envisioned as an extension of the original Black Rock [...]
Renter forced out by surprise foreclosure offered new residence (Milwaukee Journal Sentinel)
Devanie Jones, the tenant featured in a story in Wednesday’s Journal Sentinel about renters forced from their homes when their landlords go into foreclosure, said she’s been offered a new place to live. Link to the original Article
Michigan Senate changes foreclosure bills (AP via Yahoo! Finance)
Michigan lawmakers still have more work to do if they’re going to help homeowners facing foreclosure. The Republican-led state Senate on Thursday approved legislation that would give homeowners nearing foreclosure 90 days to stay in their homes and work something out with their lenders. Link to the original Article