Archive for February, 2010

Barney Frank: Foreclosures are holding us back
WPEC
Today the big message from both local and national politicians is that the foreclosure problem is everyone's problem. It wasn't hard finding people in line
Help for those facing foreclosure: Why we should all careWPEC

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As Foreclosures Continue …
New York Times
He announced a $1.5 billion effort to prevent foreclosures in five states hard-hit by the housing bust — Nevada, Arizona, California, Florida and Michigan
More Government Help Coming to Homeowners in California, Arizona, Nevada RisMedia.com (press release)

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Vermont foreclosures rise by 17 percent
Barre Montpelier Times Argus
There were 1928 foreclosures filed in the state in 2009 compared to 1639 the prior year, according to the Department of Banking, Insurance, Securities and

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Help for those facing foreclosure: Why we should all care
WPEC
There is still time for homeowners facing foreclosure to get help modifying their mortgage. The Neighborhood Assistance Corporation of America's 24-hour

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Facing foreclosure
Youngstown Vindicator
Statistics back up what many of us could sense about the number of homes locally and nationally that fell into foreclosure last year: The problem got worse.
Foreclosure crisis deepens, despite earlier optimismYoungstown Vindicator

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Between the Lines: Closed out of foreclosure help; Stimulus spending
WKYC-TV
CLEVELAND — Ohio did not make the cut for President Obama's A-list of states that need more foreclosure help. How is that possible?

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Lawmaker wants TARP money expanded to Ohio
Chillicothe Gazette
Sherrod Brown last week called on President Barack Obama to expand his recently announced foreclosure assistance program to Ohio.
Ohio leaders urge White House to add the state to new program offering Cleveland News - Fox 8
Ohio leaders press White House for mortgage helpCoshocton Tribune

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Foreclosure time: Promenade Shops contribute 10% of Loveland's sales tax base
The Coloradoan
Since going into foreclosure late last year, not much has changed for the Promenade Shops at Centerra, which is scheduled for sale in two weeks,

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Taipei News
Burning down the house: Obama must turn his attention to mortgage crisis
New York Daily News
The average loan in foreclosure is a year and a half overdue today, versus 11 months a year ago. Housing prices are still falling.
Fannie 4Q Loss Narrows; Requests Another $15.3B From GovtWall Street Journal
Index shows slight drop in home pricesThe Associated Press
Fannie Mae posts loss, seeks more government fundsReuters

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Stimulus Can't Slow Black Foreclosures
New California Media
“They should have subsidized people who were close to foreclosure or in foreclosure so they could keep their homes right away.” According to Realty Trac,

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