9 neighborhoods set for $47 million in foreclosure aid (Detroit Free Press)

9 neighborhoods set for $47 million in foreclosure aid (Detroit Free Press)
More than 2,000 blighted, vacant homes would be demolished in Detroit under a proposal from Mayor Ken Cockrel Jr.'s administration to spend $47 million allocated by the federal government to assist with the foreclosure crisis. The plan, which requires City Council approval, would spend almost half the money to demolish 2,350 structures.
Source: www.freep.com

Without Walls Church Faces Foreclosure on Tampa Properties (The Lakeland Ledger)
The future of Without Walls International Church, once one of the fastest-growing congregations in the country, is in jeopardy as the church faces foreclosure of its Tampa property.
Source: www.theledger.com

Officials discuss tackling LI's foreclosure crisis (Newsday)
What's needed to rescue communities mired in the foreclosure crisis? A "SWAT team," says Nassau County Executive Thomas Suozzi.
Source: www.newsday.com

Foreclosure Crisis Now An Epidemic On Long Island (WCBS-TV New York)
The foreclosure crisis is starting to severely impact many local communities, especially on Long Island. CBS 2 HD went to a foreclosure symposium on Thursday, where we saw the mortgage meltdown's devastating effect on some working families.
Source: wcbstv.com

Doubts raised on governor's foreclosure relief proposal (Santa Cruz Sentinel)
The governor's proposals for foreclosure relief may help some homeowners, but three local foreclosure experts say many borrowers are over their heads in debt and unlikely to benefit.
Source: www.santacruzsentinel.com

Vyta and Bioagra settle foreclosure litigation (Pharmaceutical Business Review)
Vyta, a publicly held company with business activities in the electronic and biotechnology industries, has reached a favorable settlement in its foreclosure litigation against Bioagra, a manufacturer of all natural, non-toxic feed supplements.
Source: www.pharmaceutical-business-review.com

Woman Pleads Guilty In Foreclosure Fraud Scheme (CBS 13 Baltimore)
Federal prosecutors say a Hyattsville woman has pleaded guilty to conspiring to defraud homeowners facing foreclosure.
Source: wjz.com