Arguably the most influential television news magazine, 60 Minutes, last night spent more than 15 minutes — an eternity in television — focusing on the so-called Subprime Meltdown . The town they chose to use as a backdrop not surprisingly was Stockton, Calif., which ranked No. 1 in terms of nationwide...
A state law that took effect Jan. 1 gives Colorado homeowners who enter foreclosure more time to “cure” the loan in foreclosure before the public foreclosure sale. In the past, Colorado homeowners had 45 to 60 days from the commencement of foreclosure proceedings — initiated by what is called a notice...
Thanks to delinquent mortgage payments totaling more than $1 million, singer Whitney Houston faces the possibility of foreclosure on a home in New Jersey, according to the Associated Press . The news service reports that one of two lots owned by Houston was scheduled for public auction on January 4 by...
A post last week on The Real Estate Bloggers recounted how the former summer home of President John F. Kennedy's grandfather sold for a bargain price at a Feb. 28 foreclosure auction . The Hull, Massachusetts home of John F. Kennedy’s grandfather sold at auction at a steep discount Tuesday for the price...