Mortgages-E

U.S. mortgage rates ease slightly 
UPI - 38 minutes ago
MCLEAN, Va., May 11 (UPI) — U.S. mortgage rates for a 30-year fixed-rate loan fell to an average 6.58 percent in the last seven days, Freddie Mac reported Thursday.Save to My Web

More Are Struggling to Pay the Mortgage 
Builder Online - 1 hour, 29 minutes ago
May 10–Foreclosure filings against Massachusetts homeowners increased 30 percent in the first three months of 2006 and have doubled in the past three years, as homeowners in one of the nation’s most expensive real estate markets struggle to cope with high prices and rising interest rates.Save to My Web

U.S. mortgage rates move little in wake of Fed hike 
Market Watch - 22 minutes ago
CHICAGO (MarketWatch) — Mortgage rates barely budged in the week ending Thursday, even after the Federal Reserve increased interest rates for a 16th straight time.Save to My Web

Return to Publication 
Landmark - 50 minutes ago
WATERFRONT PROPERTY Unique WATER-FRONTwith 2 houses on a single parcel offers multi-ple living options: in/law, rental, mortgage helper.Save to My Web

Witnesses recount Unger’s financial woes 
Traverse City Record-Eagle - 1 hour, 57 minutes ago
BEULAH Mark Unger pocketed $10,000 a month in disability payments after he left rehab for drug and gambling addiction in early 2003. But his family’s finances remained in such disarray that his wife, Florence Unger, had to get a job as a mortgage broker to support her family.Save to My Web

Irish inflation shoots up in April to 3.8pc 
Ireland Business World - 2 hours, 17 minutes ago
Irish inflation has risen sharply again to 3.8pc for April, fuelled by higher oil prices and rising mortgage rates. Price rises for the quarter to March came to 2.3pc, the highest quarterly rise for four years.Save to My Web

Fitch Ratings Affirms 6 Classes of Tryon Mortgage Funding, Inc. 1997-1 
[Press Release] Business Wire via Yahoo! Finance - 1 hour, 0 minute ago
NEW YORK—-May 11, 2006–Fitch Ratings has affirmed six classes of Tryon Mortgage Funding residential mortgage-backed certificates, as follows:Save to My Web

Watch the World Cup at Work - Live TV on Your Computer 
SYS-CON Media - 58 minutes ago
Want to watch the World Cup but still need to pay the mortgage?Save to My Web

AmericasBank net loss widens 
Baltimore Business Journal - 1 hour, 47 minutes ago
AmericasBank Corp. reported a wider net loss for the first quarter as its mortgage business slowed.Save to My Web

Merrill May Acquire Mortgage Lender, Boost Trading (Update3) 
Bloomberg.com - 1 hour, 11 minutes ago
May 11 (Bloomberg) — Merrill Lynch & Co., preparing for its biggest expansion since the 1990s, plans to buy a mortgage lender, triple its corporate investments and increase trading bets to boost shareholder returns that trail those of rivals.Save to My Web

Choose mortgage loans carefully 
The Acorn - 15 minutes ago
There are more than 32,000 homes for sale in the Los Angeles metropolitan area today and many analysts believe that the housing market is entering aSave to My Web

Outperforming the Rest of Europe’s Surging Mortgage Markets in
Business Wire (press release), CA - 4 hours ago The Spanish residential mortgage market has grown significantly over the last few years driven by a strong economy, booming house price growth and falling

TABLE-Impac Mortgage Q1 earnings fall
Reuters - 17 hours ago –Estimated taxable income available to common stockholders in the latest quarter was $27.1 million, 36 cents a share, compared with $56.8 million, or 75 cents

New Century ups 2Q dividend 5 cents
BusinessWeek - 23 hours ago 10 12:27 PM ET Real estate investment trust New Century Financial Corp., a provider of sub-prime mortgage loans mainly for single-family homes, on Wednesday

Hanover Capital Mortgage Holdings Announces 2006 First-Quarter
Yahoo! News (press release) - 3 hours ago EDISON, NJ, May 11 /PRNewswire-FirstCall/ — Hanover Capital Mortgage Holdings, Inc. (Amex 201131. Hanover Capital Mortgage Holdings, Inc.

NewRetirement.com Unveils AJAX-Based Retirement Calculator
SYS-CON Media, NJ - 20 hours ago These features give users the ability to evaluate their need for products, such as a reverse mortgage or long term care health care insurance, and to asses and

Choose mortgage loans carefully
Agoura Hills Acorn, CA - 14 minutes ago It is important for borrowers to be well informed about their options and to take the time to find the best mortgage for their needs and budget.The right

Merrill May Buy Mortgage Lender, Boost Trading, Fakahany Says
Bloomberg - 11 hours ago May 11 (Bloomberg) — Merrill Lynch & Co., preparing for its biggest expansion since the 1990s, plans to buy a mortgage lender, triple its corporate

Equity release market to soar
MyFinances.co.uk, UK - 5 hours ago Some 1.1 billion worth of housing equity was released in 2005, and data from Ship (Safe Home Income Plans) shows that the equity release mortgage market was

Home sales take a hit
Fort Worth Star Telegram, TX - 15 hours ago Industry professionals said the weakness in lower-priced houses is likely caused by rising mortgage rates, which hit lower-income consumers harder because they

Hillsborough Man Accused Of Mortgage Fraud
abc7news.com, CA - 15 hours ago By Carolyn Johnson. May 10 - KGO - A Hillsborough man is accused of bilking millions from people in a real estate scam. Prosecutors

Housing violation bill backed by Stamford legislators goes to
Stamford Advocate, CT - 10 hours ago costs of making blighted properties safe and clean could interfere with the rights of banks or other mortgage holders if the property was sold in a foreclosure

Stephany’s files bankruptcy
Denver Post, CO - 13 hours ago First National Bank of Colorado, a secured creditor, had recently initiated a foreclosure process to liquidate Stephany’s assets.

“Real World” exposure
Denver Post, CO - 13 hours ago In March, Heritage Bank acquired the building, assessed at $2.2 million, from B-52 Real Estate LLC in lieu of foreclosure, according to city documents.

Rising rates swell fears of defaults
Long Island Business News (subscription), NY - 14 hours ago fourth quarter, 4.7 percent are delinquent in some manner up from 4.44 percent in the third quarter with about 1 percent in the process of foreclosure.

Maritime Museum calls off talk of sale
Kingston Daily Freeman, NY - 13 hours ago after it fell into foreclosure and a home at 532-574 Abeel St., the former William B. Fitch Bluestone Co. building, a city landmark.

Don’t get taken by home-improvement scammers
Fort Worth Star Telegram, TX - 10 hours ago deliver are high-pressure sales tactics, confusing contracts, poor workmanship, rotten work, overcharged rates and, if things go really bad, foreclosure.

Fire station in Severna Park tops tax sale list
Annapolis Capital, MD - 1 hour ago the rights to the lien on the property by paying the delinquent taxes, but most property owners end up paying it back before their property goes to foreclosure

Former university campus fails to sell in Huron
Aberdeen American News, SD - 5 hours ago had financed the deal with $6.6 million in loans and guarantees from the US Department of Agriculture, and they soon found themselves facing foreclosure and a

Suit seeks foreclosure of IMAX theater
McMinnville News-Register, OR - 23 hours ago The company is seeking foreclosure and sale at auction to pay off a debt it calculates at $480,866, plus 9 percent interest and reimbursement of attorney fees

Homes piling up
Rocky Mountain News, CO - 14 hours ago Ed Jalowsky, principal of Classic Advantage Realty, said 50 percent of the homes priced less than $300,000 in his office are either in foreclosure or facing

From Bubble to Rubble
The New American - 1 hour ago has been collateral damage in the ongoing demise of General Motors, was the site of a spectacle out of the Great Depression: A Wednesday foreclosure auction of

County District Court
Topeka Capital Journal (subscription), KS - 15 hours ago Countrywide Home Loans Inc. v. Candice P. Flowers et al., petition for mortgage foreclosure. v. Christopher Solis et al., petition for mortgage foreclosure.

No quick foreclosure fix
Charlotte Observer, NC - 13 hours ago RALEIGH - The General Assembly will make no quick fixes to reduce the number of North Carolina residents losing their homes to foreclosure.

Auto tax collection program and other programs successful in
Town Times, CT - 17 hours ago The liens are scheduled to be placed on the land records the first week of June. Foreclosure actions on select properties are also scheduled to begin in June.

IN THE COURTS - Bethel Journal
Community Press, KY - 11 hours ago vs. Susan Clendening, et al., foreclosure. ABN AMRO Mortgage Group Inc. vs. Robin Hunter, et al., foreclosure. Deutsche Bank National Trust Company vs.

Foreclosures — No Worries, No Vision
Realty Times, TX - 14 hours ago We usually see that about 1 percent of all loans are in the “process” of foreclosure. That is, the owners may have received foreclosure

McLure May Open Today
Wheeling Intelligencer, WV - 16 hours ago Since the foreclosure sale Tuesday, some employees of the hotel, many of whom have gone without paychecks since its closing, have been cleaning up the dust

House hunter s dream?
Newsday, NY - 12 hours ago offerings, little to suit their needs. They decided to pursue an alternative avenue: the foreclosure market. This led them to the

Fitch Affirms 13 & Upgrades 3 Classes from 4 MASTR Alternative
Business Wire (press release), CA - 1 hour ago approximately $217,560 in cumulative losses (0.07% of the original collateral balance) and the 90+ delinquencies (including bankruptcy, foreclosure, and real

IN THE COURTS - Bethel Journal
Community Press, KY - 11 hours ago vs. Susan Clendening, et al., foreclosure. ABN AMRO Mortgage Group Inc. vs. Robin Hunter, et al., foreclosure. Deutsche Bank National Trust Company vs.

Rising rates swell fears of defaults
Long Island Business News (subscription), NY - 14 hours ago fourth quarter, 4.7 percent are delinquent in some manner up from 4.44 percent in the third quarter with about 1 percent in the process of foreclosure.

Housing violation bill backed by Stamford legislators goes to
Stamford Advocate, CT - 10 hours ago costs of making blighted properties safe and clean could interfere with the rights of banks or other mortgage holders if the property was sold in a foreclosure

Don’t get taken by home-improvement scammers
Fort Worth Star Telegram, TX - 10 hours ago deliver are high-pressure sales tactics, confusing contracts, poor workmanship, rotten work, overcharged rates and, if things go really bad, foreclosure.

Former university campus fails to sell in Huron
Aberdeen American News, SD - 5 hours ago had financed the deal with $6.6 million in loans and guarantees from the US Department of Agriculture, and they soon found themselves facing foreclosure and a

Another pleads guilty to mortgage fraud
Hattiesburg American, MS - 5 hours ago They then allegedly split the proceeds from mortgage loans obtained with falsified documents, letting the loans fall into foreclosure.

County District Court
Topeka Capital Journal (subscription), KS - 15 hours ago Countrywide Home Loans Inc. v. Candice P. Flowers et al., petition for mortgage foreclosure. v. Christopher Solis et al., petition for mortgage foreclosure.

No quick foreclosure fix
Charlotte Observer, NC - 13 hours ago RALEIGH - The General Assembly will make no quick fixes to reduce the number of North Carolina residents losing their homes to foreclosure.

Auto tax collection program and other programs successful in
Town Times, CT - 17 hours ago The liens are scheduled to be placed on the land records the first week of June. Foreclosure actions on select properties are also scheduled to begin in June.

Maritime Museum calls off talk of sale
Kingston Daily Freeman, NY - 13 hours ago after it fell into foreclosure and a home at 532-574 Abeel St., the former William B. Fitch Bluestone Co. building, a city landmark.

Prudential Bancorp, Inc. of Pennsylvania Announces Second Quarter Results 
FinanzNachrichten - 18 minutes ago
Prudential Bancorp, Inc. of Pennsylvania (the “Company”) (Nasdaq:PBIP), the “mid-tier” holding company for Prudential ( Nachrichten / Aktienkurs ) Savings Bank (the “Bank”), today reported net income of $955,000 for the quarter ended March 31, 2006 as compared to $894,000 for the same period in 2005. For the six months ended March 31, 2006, the Company earned $2.0 million as compared to $1.6 Save to My Web

Fitch Affirms 13 & Upgrades 3 Classes from 4 MASTR Alternative Loan Trust Issues 
[Press Release] Business Wire via Yahoo! Finance - 2 hours, 21 minutes ago
NEW YORK—-May 5, 2006–Fitch Ratings has taken rating actions on the following MASTR Alternative Loan Trust issues:Save to My Web

Prudential Bancorp, Inc. of Pennsylvania Announces Second Quarter Results 
[Press Release] Business Wire via Yahoo! Finance - 33 minutes ago
PHILADELPHIA—-May 5, 2006–Prudential Bancorp, Inc. of Pennsylvania , the “mid-tier” holding company for Prudential Savings Bank , today reported net income of $955,000 for the quarter ended March 31, 2006 as compared to $894,000 for the same period in 2005.Save to My Web

Legal Notices 3-30-06 
Drummer - 2 hours, 22 minutes ago
THE RIGHT TO VERIFICATION OF THE DEBT AND IDENTITY OF THE ORIGINAL CREDITOR WITHIN THE TIME PROVIDED BY LAW IS NOT AFFECTED BY THIS ACTION. NOTICE IS HEREBY GIVEN, that default has occurred in conditions of the following described mortgage: DATE OF MORTGAGE: May 31, 2005.Save to My Web

Fitch Affirms 5 & Downgrades 1 Class from CWMBS 2002-13 Alt 2002-8 
[Press Release] Business Wire via Yahoo! Finance - 2 hours, 26 minutes ago
NEW YORK—-May 5, 2006–Fitch Ratings has taken the following actions on CWMBS , mortgage pass-through certificates, series 2002-13 Alt 2002-8: Class A affirmed at ‘AAA’; Class M affirmed at ‘AAA’; Class B1 affirmed at ‘AA’; Class B2 affirmed at ‘BBB+’; Class B3 affirmed at ‘BB’; Class B4 downgraded to ‘B-’ from ‘B’ and assigned Distressed Recovery rating of ‘DR3′.Save to My Web

Two men who bilked victims in loan scam are sentenced 
The Philadelphia Inquirer - 57 minutes ago
Brad Marks and Edwin Rivera conned poor people into taking out high-interest, predatory loans to pay for home improvements that never got done.Save to My Web

Wellsford Real Properties, Inc. Reports First Quarter 2006 Results 
[Press Release] Business Wire via Yahoo! Finance - 1 hour, 10 minutes ago
NEW YORK—-May 3, 2006–Wellsford Real Properties, Inc. announced today that its net assets in liquidation at March 31, 2006 aggregated $53,383,604 or $8.25 per share based upon 6,471,179 common shares outstanding.Save to My Web

Foreclosures up; experts not worried 
Contra Costa Times - 17 minutes ago
Increasing foreclosure activity in California may be a sign of worse to come, but for now remains well below historic norms. Lending institutions sent 18,668 default notices to state homeowners from January to March, up 23.4 percent from the fourth quarter and 28.7 percent from the same period a year ago, according to La Jolla-based DataQuick Information Systems.Save to My Web

FORECLOSURE NOTICES 
San Jose Mercury News - 17 minutes ago
The number of homeowners who received “notices of default'’ from their mortgage lenders rose in the first three months of 2006 compared to the same period a year before in most Bay Area counties, the result of slower increases in home prices. Foreclosure activity overall is low; default notices are the first step toward foreclosure.Save to My Web

Mayor Withdraws Recommendation To Fire Ashburn 
Greene County - 6 minutes ago
Greeneville Mayor Darrell Bryan on Tuesday withdrew his recommendation to dismiss Town Planner Lyn Ashburn and proposed that she be retained in her position.Save to My Web

Wellsford Real Properties, Inc. Reports First Quarter 2006 Results 
[Press Release] Business Wire via Yahoo! Finance - 1 hour, 10 minutes ago
NEW YORK—-May 3, 2006–Wellsford Real Properties, Inc. announced today that its net assets in liquidation at March 31, 2006 aggregated $53,383,604 or $8.25 per share based upon 6,471,179 common shares outstanding.Save to My Web

FORECLOSURE NOTICES 
San Jose Mercury News - 17 minutes ago
The number of homeowners who received “notices of default'’ from their mortgage lenders rose in the first three months of 2006 compared to the same period a year before in most Bay Area counties, the result of slower increases in home prices. Foreclosure activity overall is low; default notices are the first step toward foreclosure.Save to My Web

Foreclosures up; experts not worried 
Contra Costa Times - 17 minutes ago
Increasing foreclosure activity in California may be a sign of worse to come, but for now remains well below historic norms. Lending institutions sent 18,668 default notices to state homeowners from January to March, up 23.4 percent from the fourth quarter and 28.7 percent from the same period a year ago, according to La Jolla-based DataQuick Information Systems.Save to My Web

Mayor Withdraws Recommendation To Fire Ashburn 
Greene County - 6 minutes ago
Greeneville Mayor Darrell Bryan on Tuesday withdrew his recommendation to dismiss Town Planner Lyn Ashburn and proposed that she be retained in her position.Save to My Web

FORECLOSURE NOTICES
San Jose Mercury News - The number of homeowners who received “notices of default'’ from their mortgage lenders rose in the first three months of 2006 compared to the same period a year before in most Bay Area counties, the result of slower increases in home prices

California Home Default Notices Up In 1st Quarter
KPIX-TV5 - (AP) The number of California homeowners who received mortgage default notices increased in the first quarter to the highest level in more than two years, a real estate research firm said Tuesday. CBS 5 Business Section Lenders sent 18,668 default

New owner hopes extreme sports will aid Sugar Loaf’s comeback
The State - CEDAR, Mich. - It’s often been an uphill struggle for Sugar Loaf Resort, the troubled ski hill that has gone into foreclosure at least three times since it opened in 1962. But its latest owner says a focus on snowboarding and other extreme sports is

Report: Default notices up in S.B. County
Inland Valley Daily Bulletin - With a slowing of housing appreciation, foreclosure activity in San Bernardino County increased to the highest level since the first quarter of 2004, a real estate information service reported Tuesday. Lending institutions sent 1,670 notices of

Discount Travel Refunds Slow Going
KGO - May 2 - KGO - It’s been slow going for thousands of people trying to get refunds on vacations that have been spoiled or cancelled by two Bay Area tour operators. SunTrips is promising refunds to its customers but the other tour operator has filed for

Foreclosure activity hits highest level in two years
San Francisco Gate - Foreclosure activity across the Bay Area and California ticked up to its highest level in two years in the first quarter as the pace of home price gains slackened, according to a real estate information firm. Fewer homeowners could count on the

Foreclosures up; experts not worried
Contra Costa Times - Increasing foreclosure activity in California may be a sign of worse to come, but for now remains well below historic norms. Lending institutions sent 18,668 default notices to state homeowners from January to March, up 23.4 percent from the fourth

Wednesday, May 3, 2006
San Francisco Gate - Skype, the eBay subsidiary known for providing free phone calls over the Internet, is trying to dig a little deeper into the wallets of its 100 million users. The company is unveiling its newest paid services today, a Four words you may not have

Man gets 35 years in teacher wife’s death
KCBD - Authorities say 31-year-old Norberto Manzanares (man-za-NAHR’-rehz) initially tried to blame his wife’s January 2005 death on Mexican border violence. Thirty-year-old Gloria Manzanares was a bilingual kindergarten teacher in Brownsville. Her husband

McLure Sold to Its Mortgage Holder
Wheeling News-Register - WHEELING A historic downtown Wheeling hotel could be operating once again after it was purchased Tuesday by the firm holding its mortgage. Florida-based Bayview Financial Trading Group L.P. was the lone bidder for the 170-room McLure House Hotel

Oki doubts he’ll add Desert Canyon to bag
Seattle Post Intelligencer - 12 hours ago Desert Canyon, 25 miles north of Wenatchee, went through foreclosure this winter, with designer and primary owner Jack Frei forced to turn the course over to

The Bronx Bomber
Village Voice, NY - 2 hours ago repeated warnings, Schlein had somehow allowed a Florida condominium that had been bought by Vincent Robinson for $72,500 to be sold at a foreclosure action by

Wake County Seeing High Percentage Of Home Foreclosures
WRAL.com, NC - 8 hours ago Peterkin. In fact, in the past seven years the number of foreclosure filings on homes and businesses has jumped 300 percent statewide.

City commits to creating fair housing environment
Frost Illustrated, IN - 22 hours ago Additionally, a Mortgage Bankers Association study revealed that while the national foreclosure rate was less than one percent, Indiana’s rate of foreclosure

Dukes of Hazzard, The Prequel
MoviesOnline, Canada - 12 hours ago imposing prohibition against moonshine as the young Duke boys blaze their way into Hazzard County to defy Boss Hogg and save Uncle Jesse’s farm from foreclosure

Receiver appointed for theater
The Register-Guard, Oregon - 3 hours ago by the lender, SPCP Group, to appoint the receiver - an independent party to manage and control the property and collect rents until the foreclosure is resolved

Foreclosure activity hits highest level in two years
San Francisco Chronicle,  USA - 28 minutes ago Foreclosure activity across the Bay Area and California ticked up to its highest level in two years in the first quarter as the pace of home price gains

Freddie Mac extends its relief policies for hurricane-impacted
Birmingham Business Journal, AL - 35 minutes ago in place. Also, Freddie Mac has streamlined its loan modification process to help impacted borrowers avoid foreclosure. Freddie

Master Your Money: A How-To Guide For Financial Stability
PIRGIM (PressRelease), MI - 21 hours ago lending terms, such as excessive upfront charges, prepayment penalties or mandatory arbi tration, and is working to protect homes from foreclosure when debt

City garden debate is a prickly one
Connecticut Post, CT - 7 hours ago Several community gardens are on a list of 27 vacant properties the city acquired by foreclosure and wants to give to abutting property owners or to sell.

Inheritance, wealth and race
Columbus Free Press, OH - 11 hours ago properties, up from five in 1995. In Chicago, foreclosure filings tripled between 1993 and 2005. Chicago neighborhoods that are at

Standoff With Deputies Ends With Suicide
Lakeland Ledger, FL - 9 hours ago Prosecutors said he bilked at least 20 people of more than $230,000. new buyers and in some cases causing the former owners to go into foreclosure.

Peachtree Annuity Purchase Program Continues Expansion
Business Wire (press release), CA - 36 minutes ago times. Adjustable-rate mortgages that were once attractive are leaving many homeowners faced with the possibility of foreclosure.

Economist: Slowing market not a ‘bad story’
Inman.com (subscription), CA - 17 minutes ago Delinquencies on residential mortgage loans in the fourth quarter 2005 increased, while the percentage of loans in the foreclosure process fell, according to

Inheritance, wealth and race
Columbus Free Press, OH - 11 hours ago properties, up from five in 1995. In Chicago, foreclosure filings tripled between 1993 and 2005. Chicago neighborhoods that are at

Peachtree Annuity Purchase Program Continues Expansion
Business Wire (press release), CA - 36 minutes ago times. Adjustable-rate mortgages that were once attractive are leaving many homeowners faced with the possibility of foreclosure.

The Bronx Bomber
Village Voice, NY - 2 hours ago repeated warnings, Schlein had somehow allowed a Florida condominium that had been bought by Vincent Robinson for $72,500 to be sold at a foreclosure action by

City garden debate is a prickly one
Connecticut Post, CT - 7 hours ago Several community gardens are on a list of 27 vacant properties the city acquired by foreclosure and wants to give to abutting property owners or to sell.

Dukes of Hazzard, The Prequel
MoviesOnline, Canada - 12 hours ago imposing prohibition against moonshine as the young Duke boys blaze their way into Hazzard County to defy Boss Hogg and save Uncle Jesse’s farm from foreclosure

Receiver appointed for theater
The Register-Guard, Oregon - 3 hours ago by the lender, SPCP Group, to appoint the receiver - an independent party to manage and control the property and collect rents until the foreclosure is resolved

Informer in Bomb Plot Trial Tells of His Visits to Mosques
New York Times, United States - 15 hours ago At another, the lawyer asked about a report suggesting Mr. Eldawoody had suspicions about a man named Maher, who was looking for foreclosure properties to buy.

Garden fans challenge economics
Connecticut Post, CT - 10 hours ago The proposal for the properties, acquired by foreclosure, is currently under consideration by the council’s Economic and Community Development and Environment

Freddie Mac extends its relief policies for hurricane-impacted
Birmingham Business Journal, AL - 35 minutes ago in place. Also, Freddie Mac has streamlined its loan modification process to help impacted borrowers avoid foreclosure. Freddie

City commits to creating fair housing environment
Frost Illustrated, IN - 22 hours ago Additionally, a Mortgage Bankers Association study revealed that while the national foreclosure rate was less than one percent, Indiana’s rate of foreclosure

Standoff With Deputies Ends With Suicide
Lakeland Ledger, FL - 9 hours ago Prosecutors said he bilked at least 20 people of more than $230,000. new buyers and in some cases causing the former owners to go into foreclosure.

Foreclosure activity hits highest level in two years
San Francisco Chronicle,  USA - 28 minutes ago Foreclosure activity across the Bay Area and California ticked up to its highest level in two years in the first quarter as the pace of home price gains

Wake County Seeing High Percentage Of Home Foreclosures
WRAL.com, NC - 8 hours ago Peterkin. In fact, in the past seven years the number of foreclosure filings on homes and businesses has jumped 300 percent statewide.

Oki doubts he’ll add Desert Canyon to bag
Seattle Post Intelligencer - 12 hours ago Desert Canyon, 25 miles north of Wenatchee, went through foreclosure this winter, with designer and primary owner Jack Frei forced to turn the course over to

Economist: Slowing market not a ‘bad story’
Inman.com (subscription), CA - 17 minutes ago Delinquencies on residential mortgage loans in the fourth quarter 2005 increased, while the percentage of loans in the foreclosure process fell, according to

Master Your Money: A How-To Guide For Financial Stability
PIRGIM (PressRelease), MI - 21 hours ago lending terms, such as excessive upfront charges, prepayment penalties or mandatory arbi tration, and is working to protect homes from foreclosure when debt