For more and more people, "buy and bail" is the answer to home foreclosure.
Mon, 08 Sep 2008 00:00:04 GMT
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The day Lucille Henry died, her family blamed high blood pressure, persistent diabetes - and the foreclosure on her Queens home. Just nine days before her death, Henry nearly collapsed at a court hearing on her home foreclosure.
Mon, 08 Sep 2008 03:40:19 GMT
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When Nathaniel Hill couldn't make his $4,189 a month mortgage payments for his two-family East New York home, he needed help to fight off foreclosure. Hill, 40, a limo driver, is taking on the bank himself in court.
Sun, 07 Sep 2008 04:40:38 GMT
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Manhattan, once one of the few spots that seemed immune to the foreclosure bug that has swept the nation. But the NY Times reports that more apartment owners in Manhattan are missing payments, putting their apartments up for sale to avoid losing them with foreclosures for this July up 78 percent from the year before. Manhattan homeowners may have believed that they were invincible because of ...
Sun, 07 Sep 2008 22:06:59 GMT
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-- A mortgage industry group says Ohio is among a handful of states where the nation’s foreclosure problem remains concentrated. The Mortgage Bankers Association says a record nine percent of American homeowners with a mortgage were either behind on payments or in foreclosure at the end of June.
Sun, 07 Sep 2008 11:03:06 GMT
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Lee County is drowning in more than 22,000 open foreclosure cases while the county is forced to send to the state surplus dollars from the fees...
Sun, 07 Sep 2008 05:16:13 GMT
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The City’s Planning and Community Development Department will host a foreclosure prevention summit from Sept. 15 to Sept. 17 at the Henry B. Gonzalez Convention Center.
Sun, 07 Sep 2008 03:12:59 GMT
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As the economy continues to falter, with some experts predicting a recession on the horizon, more homeowners for a variety of reasons are finding themselves on the verge of losing their homes to a bank foreclosure.
Sun, 07 Sep 2008 08:42:59 GMT
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By Stephanie Armour At night, Margaret Jones would lie in bed, unable to sleep, her heart galloping. Appeals Board Saves Salem’s Affordable Housing Project By Bruce Amaro In a 5-0 vote, Salem’s Zoning Board of Appeals granted the appeal needed to turn a local affordable housing developer’s condo pro-ject into rental units to help it beat foreclosure, stay solvent, meet its obligations and ...
Sun, 07 Sep 2008 09:11:00 GMT
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By Amy Wyeth The banking industry asserts that it is not the culprit in the foreclosure crisis plaguing Massachusetts. But while local banks were not big players in the subprime meltdown, banks were certainly the prime buyers of risky mortgages.
Sun, 07 Sep 2008 09:12:21 GMT
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