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State red-faced over $9M tax break for scam artist - Detroit Free PressSeattle Post IntelligencerState red-faced over $9M tax break for scam artistDetroit Free PressShort was arrested at his Flint home Wednesday for a possible parole violation because he hadn't paid restitution for his past crimes. Michigan Economic ...Friend of Richard A. Short says he often worked on RASCO out of his bedroom in ...The Flint Journal - MLive.comCourt records indicate Richard Short had woman pose as estranged wife to ...The Flint Journal - MLive.comall 244 news articles »
Michigan must develop plan for anti-foreclosure funds - Michigan MessengerTampa TribuneMichigan must develop plan for anti-foreclosure fundsMichigan Messenger... because of job losses, unable to refinance because plunging home values have left them “underwater,” or to give relief from second mortgage payments. ...5 states rush plans for $1.5B in housing fundsThe Associated PressReport: States rush plans for federal fundingCredit.com NewsHardest Hit Housing Markets Program - UpdatedMortgage Rates & Trends (blog)WESH Orlando -Sierra Vista Heraldall 189 news articles »
What are Obama Plans? - BatchBuzz (satire)BatchBuzz (satire)What are Obama Plans?BatchBuzz (satire)President Obama's new steps for preventing home foreclosures through the Obama mortgage modification program and decreasing the bankruptcy filings in Nevada ...and more »
Federal Reserve - Mortgage Rates to Remain Low - Mortgage Rates & Trends (blog)Mortgage Rates & Trends (blog)Federal Reserve - Mortgage Rates to Remain LowMortgage Rates & Trends (blog)Home prices appear to have stabilized in many places in the country, although some of the hardest hit markets such as California, Michigan, Nevada, Florida, ...and more »
Toll Brothers Steps Up Land Buying Activities - CNNMoney.com (press release)Toll Brothers Steps Up Land Buying ActivitiesCNNMoney.com (press release)In the last four months, the Company has purchased or put under control approximately 3000 home sites via mortgage note purchases and direct acquisitions of ...and more »
The Good Word: Divorce in a time of recession - Dearborn Press and GuideThe Good Word: Divorce in a time of recessionDearborn Press and GuideSince so many Michigan homes are now “underwater” (the mortgage debt being more than the house's value), the issue is not, as was usually the case in the ...and more »
Bad loans hit new high in February - Inman.comBad loans hit new high in FebruaryInman.comAn estimated 7.5 million homeowners are behind on their mortgage or in the foreclosure process, and another 1 million homes are bank-owned (also known as ...and more »
Underwater owners struggle to stay afloat - Columbia Daily TribuneUnderwater owners struggle to stay afloatColumbia Daily TribuneMichigan ranks fourth in the nation with 38.5 percent of properties — or 532774 — with a mortgage underwater. If you're staying put and can afford your ...and more »
Risk of mortgage defaults still high, but dropping - MarketWatchRisk of mortgage defaults still high, but droppingMarketWatchStill, the risk of default on home loans is 58% higher than it was on average in the 1990s. The peak level was 330, set in 2007. Read more real estate news ...and more »
Mich. faces growing home mortgage default woes - MLive.comMich. faces growing home mortgage default woesMLive.comAP (AP) — DETROIT - With the economy still struggling, a growing number of people in Michigan are walking away from homes that are worth less than what they ...Owners walk from homes, values erodeDetroit Free PressMichigan Hit Hard with Mortgage DefaultsBestCashCow.com (blog)Solutions aren't easy for underwater mortgagesHousing WireToledo On The Moveall 17 news articles »