Michigan Especially Hard Hit by Foreclosures (The Epoch Times) DETROIT-According to the Mortgage Bankers Association, nearly 2 million loans were in foreclosure nationwide during the first quarter of 2008. Home foreclosures rose nationally last year from 42 pe...
Foreclosures of luxury homes on the rise (BizJournals) Local foreclosures of million-dollar homes have more than doubled in the first half this year from a year ago, according to a recent survey by Foreclosure Listing Service Inc.
NAACP blames foreclosures on predatory practices (Baltimore Sun) NAACP accuses lenders, blames rise in foreclosures on predatory actions NAACP officials accused top lenders of discriminatory mortgage practices in a series of protests yesterday in Baltimore and cities across the nation.
Foreclosures of Dallas-Fort Worth homes worth more than $1M double (Dallas Morning News) The mortgage meltdown that started out with mostly moderate- and low-income borrowers is spreading to more affluent homeowners. Foreclosures of $1 million-plus houses are the fastest growing segment of the Dallas-Fort Worth distressed home market, according to a new study.
N.Ky. Faces Record Number Of Foreclosures (The Kentucky Post) The tough economy has led to a record-high number of foreclosures in some Northern Kentucky counties according to housing experts. On Thursday, Boone County held its weekly auction of foreclosure homes at the Justice Center located in Burlington, Ky.
