Foreclosure crisis gives Habitat for Humanity chance to buy cheap properties (Minneapolis-St. Paul Star Tribune)

Foreclosure crisis gives Habitat for Humanity chance to buy cheap properties (Minneapolis-St. Paul Star Tribune)
MINNEAPOLIS - The foreclosure crisis that has forced thousands of families from their homes has given something good to the nation's best-known housing charity: Cheap properties for sale in communities around the country.
Source: www.startribune.com

BofA grants help East Bay nonprofits add foreclosure counselors (BizJournals)
The Unity Council and the Community Housing Development Corp. of North Richmond are among 18 California nonprofits that received grants from Bank of America Corp. to help pay for foreclosure prevention programs.
Source: www.bizjournals.com

Developer avoids foreclosure with bankruptcy (BizJournals)
After failing to reach an agreement with Umpqua Bank on a delinquent $26.9 million loan, Stephen Des Jardins' Diamond Creek Partners Ltd. has filed for bankruptcy reorganization to avoid foreclosure, becoming the third large developer in the region to take that step.
Source: www.bizjournals.com

Tags: foreclosure, home equity loan