Governor looks into Illinois hiring Burris’ son

February 28, 2009 by Foreclosure News  
Filed under Foreclosure

SPRINGFIELD, Ill.-Gov. Pat Quinn is reviewing how the son of embattled Sen. Roland Burris got a state job as a housing-agency lawyer under ousted Gov.

California home builder with Houston ties files bankruptcy - Houston Business Journal

February 28, 2009 by Google Inc.  
Filed under Foreclosure, bankruptcy

California home builder with Houston ties files bankruptcy
Houston Business Journal, TX
A California builder doing business as John Laing Homes in Houston filed for Chapter 11 bankruptcy reorganization in Delaware last week, claiming between $500 million and $1 billion in debts. Irvine-based WL Homes LLC, which builds under the John Laing
John Laing Homes walks away from Silicon Valley projects San Jose Business Journal (subscription)
all 2 news articles

Buffett’s worst year

Berkshire Hathaway reported today that its net worth fell in 2008 by $11.5 billion, a decline reducing its per-share book value by 9.6%. That was Berkshire’s worst result in the 44 years that Chairman Warren Buffett has run the company and, in fact, only the second decline in that period. The other drop was 6.2% in 2001, a year hurt by 9/11 and other problems in Berkshire’s insurance operations.

Guess What Got Lost in the Loan Pool? - New York Times

February 28, 2009 by Google Inc.  
Filed under Foreclosure, foreclosures by state

Guess What Got Lost in the Loan Pool?
New York Times, United States
And in another California case, a borrower’s lawyer was awarded $8800 in attorney’s fees relating to costs spent litigating against a lender that could not prove it had the right to foreclose. California cases are especially interesting because

Home buyers in California could enjoy up to $18000 in tax credits - MarketWatch

February 28, 2009 by Google Inc.  
Filed under Foreclosure, foreclosures by state


Inland Empire News
Home buyers in California could enjoy up to $18000 in tax credits
MarketWatch
People dealing with foreclosure are living in used houses," Morris said. "This benefits people who have hammers and nails … that's great for stimulating the employment side but isn't going to stop foreclosure pain," he said.
Sacramento, California - California Governor Arnold Schwarzenegger Imperial Valley News
Home tax credits on tap Stockton Record
CA tax break starts soon for new home buyers abc7news.com
Central Valley Business Times - U.S. News & World Report
all 30 news articles

$38M to turn tide of foreclosure in Minnesota - Minneapolis Star Tribune

February 28, 2009 by Google Inc.  
Filed under Foreclosure

$38M to turn tide of foreclosure in Minnesota
Minneapolis Star Tribune, MN
That should allow the city to buy about 80 foreclosed properties and rehab another 80, city officials said. St. Paul will get the second-highest amount, at $6.3 million. That should allow the city to purchase from 80 to 100 properties for demolition or

Housing : New refis could help in declining markets

February 28, 2009 by Foreclosure News  
Filed under Foreclosure

WASHINGTON a ‘ Key details have begun surfacing on the extraordinary refinancing opportunities that will be available to an estimated 4 million to 5 million homeowners whose mortgages are owned or guaranteed by …

$38M to turn tide of foreclosure in Minnesota - Minneapolis Star Tribune

February 28, 2009 by Google Inc.  
Filed under Foreclosure


Finance and Commerce
$38M to turn tide of foreclosure in Minnesota
Minneapolis Star Tribune, MN
That should allow the city to buy about 80 foreclosed properties and rehab another 80, city officials said. St. Paul will get the second-highest amount, at $6.3 million. That should allow the city to purchase from 80 to 100 properties for demolition or
Fighting Foreclosure in Frogtown and beyond KARE
Foreclosure relief on way to 21 Minnesota counties, cities Finance and Commerce
Frogtown one of many in state's $38M foreclosure plan KSTP.com
MinnPost.com
all 10 news articles

Civil disobedience is tool in new foreclosure fight (Queens Chronicle)

Home Defenders are advocating for civil disobedience to keep people in their foreclosed homes. (photo by Matt Hampton) Foreclosure is a fate that some Queens homeowners will no longer take lying down.

$38M to turn tide of foreclosure in Minnesota - Minneapolis Star Tribune

February 28, 2009 by Google Inc.  
Filed under Foreclosure

$38M to turn tide of foreclosure in Minnesota
Minneapolis Star Tribune, MN
That should allow the city to buy about 80 foreclosed properties and rehab another 80, city officials said. St. Paul will get the second-highest amount, at $6.3 million. That should allow the city to purchase from 80 to 100 properties for demolition or

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