Resets Peaking on Subprimes: Foreclosure Projections Rise (The Lakeland Ledger)

The number of homeowners facing an increase in their subprime adjustable-rate mortgage payments will peak this summer, testing the efforts of lenders and others to keep those people out of foreclosure and stabilize the housing market. more…

The Mexicantown Welcome Center and Mercado is two years behind schedule, facing foreclosure in federal court to pay contractors and still waiting for about $1 million from mostly municipal funders to finish the project. more…

When Bob Steele, owner of Passport Realty in Mount Vernon, heads out to deliver a foreclosure notice, he always takes along a can of mace and a nightstick. He says you can't be too careful. more…

My neighborhood is probably like many of yours, and we had a foreclosure recently near my home. more…

Tags: home equity loan, foreclosure