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Michigan Foreclosures News

As economy suffers, business is busy for auction houses Saturday, September 4, 2010 @ 11:08PMThey've come from all over, about 100 people packed in a small room of the Hampton Inn - basically the only thing off this interstate exit in rural Surry County.
Michigan State G Lucious pleads guilty to reckless driving related to incident this week Friday, September 3, 2010 @ 2:38PMEAST LANSING, Mich. - Michigan State junior guard Korie Lucious has pleaded guilty to misdemeanor reckless driving.
Animal control officer says alligator killed in Michigan corn field could have been moved Friday, September 3, 2010 @ 12:34PMBURR OAK, Mich. - An animal control officer says a Michigan man's killing of a small alligator spotted in a corn field is a "little extreme." St. Joseph County animal control officer Tom Miller said Friday the alligator could have been caught and moved to a private sanctuary about 30 miles away.
Michigan man gathering sweet corn for the family freezer confronted by alligator Friday, September 3, 2010 @ 11:20AMBURR OAK, Mich. - A southern Michigan man simply wanted to gather some sweet corn for the family freezer. He didn't expect to have to deal with a 34-inch alligator rushing at him.
Voters face three critical options this November Friday, September 3, 2010 @ 7:36AMIn Michigan, all 15 U.S. House seats are up for election this year, but no U.S. Senate seats.
Daniel Howes: Bernero goes down dead end Friday, September 3, 2010 @ 6:50AMVirg Bernero could be on the verge of a trend. Now that he's preparing to declare war on Wall Street heavyweights who allegedly sidestep participation in a federally funded program to help home foreclosures -- companies that "do not do business with" Michigan -- who'll draw fire next from the Democrat running for governor?
Bernero says no to banks that won't lend in Michigan Friday, September 3, 2010 @ 6:07AMLANSING -- Democratic gubernatorial candidate Virg Bernero says he'll stop the state from doing business with banks that won't lend in Michigan if he's elected.
Bernero says no to banks that won't lend in Mich. Thursday, September 2, 2010 @ 8:04PMDemocratic gubernatorial candidate Virg Bernero says he’ll stop the state from doing business with banks that won’t lend in Michigan if he’s elected. He unveiled the plan Thursday to about a dozen Lansing residents in a downtown coffee shop.
Long-term unemployment at crisis level, says report Thursday, September 2, 2010 @ 7:09PMTwo of five jobless workers in Michigan have been out of work for 26 weeks or longer, a report released Thursday said.
Bernero Vows to Block Banks Thursday, September 2, 2010 @ 12:33PMDemocratic gubernatorial candidate and Lansing mayor Virg Bernero states that if elected, he would stop the state from conducting its business with banks which will not lend to Michigan small businesses.
WLNS TV 6 Lansing Jackson Michigan News and Weather - WLNS.COM | Bernero says no to banks that won't lend in Mich. Thursday, September 2, 2010 @ 11:56AMBernero says no to banks that won't lend in Mich. LANSING, Mich. (AP) - Democratic gubernatorial candidate Virg Bernero says he'll stop the state from doing business with banks that won't lend in Michigan if he's elected.
Virg Bernero campaigns for governor bid in Battle Creek Wednesday, September 1, 2010 @ 11:47AMBATTLE CREEK - The two mayors who want to become Michigan's top elected officials brought their campaign to Battle Creek on Tuesday.
Holland Tool & Die Tax Break up for debate Tuesday, August 31, 2010 @ 6:14PMWorking tax free - that's the state incentive some in the tool and die industry were granted to keep them afloat.
Michigan State guard Korie Lucious charged with drunken driving near East Lansing campus Tuesday, August 31, 2010 @ 2:46PMEAST LANSING, Mich. - Michigan State guard Korie Lucious has been charged with drunken driving. The 20-year-old Lucious was pulled over early Monday near the East Lansing campus and his blood-alcohol level was 0.09 percent, according to a police report. The legal limit in Michigan is 0.08 percent.
These are the Most Underwater States Tuesday, August 31, 2010 @ 11:42AMThe sand states are still in trouble. But negative equity is high in some unexpected places.
From the comments: Think big picture ... is The Rapid cost-effective? Monday, August 30, 2010 @ 5:45PMA new study showing how many jobs public transit generates is met with skepticism.
Democratic gubernatorial hopeful Virg Bernero tells convention Michigan has been 'redlined' by Wall Street Sunday, August 29, 2010 @ 3:00PM"Some people call me an angry mayor," Bernero told about 1,000 people at the Cobo Center where the Michigan Democratic Party convention was held . "Let me tell you what gets me angry. When I see people on Main Street who have been let down, left out and wiped out, I get angry."
Demon weeds in Paw Paw Lake Sunday, August 29, 2010 @ 2:00PMWATERVLIET - About 500 people packed the Watervliet High School auditorium Saturday for a hearing on a $943,000 Paw Paw Lake weed eradication project, and most of them were in favor of it.
Michigan Dems to push 'Main Street' message Sunday, August 29, 2010 @ 1:19PM"Main Street not Wall Street," was a consistent chant during the speech from Virg Bernero during the state's Democratic Party convention.
Foreclosure results in new management at Ypsilanti Township's troubled Tuscan Creek Sunday, August 29, 2010 @ 5:26AMThe recent mortgage foreclosure of a 300-unit Ypsilanti Township apartment complex promises a number of changes at the property. A building damaged by fire in 2009 will soon be demolished. The potholes along the private drive will be filled in.......
UK hoops notebook: Ramsey shaking his head over K-Fund increase Sunday, August 29, 2010 @ 2:51AMWhen former All-American Frank Ramsey received a letter from the University of Kentucky advising him about the higher ticket prices this coming basketball season, he could not believe what he read.
Jay County record Sunday, August 29, 2010 @ 2:17AMAlisha McClure, Portland, vs. Jonathon Grieshop, Correctional Industrial Facility, Pendleton; Alyssa R. Heare, Rockville Correctional Facility, and Joseph McDowell, Indiana State Prison, Michigan City, complaint.
Increase in K-Fund donation has Frank Ramsey shaking his head Saturday, August 28, 2010 @ 4:30PMWhen former All-American Frank Ramsey received a letter from the Universi
Bernero to pick Southfield mayor for ticket Saturday, August 28, 2010 @ 7:52AMLANSING -- Michigan Democratic gubernatorial candidate Virg Bernero has selected Southfield Mayor Brenda Lawrence to be his running mate and will make the announcement today, a person close to his campaign told The Associated Press.
Fed poised to offer steadying hand Friday, August 27, 2010 @ 10:24PMSecond-quarter economic growth was revised to an anemic 1.6%, a decline that was slightly less than many economists had predicted. But the report was a sobering cap to a week of bad economic news that has raised fears the nation could plunge into another recession. Bernanke says the Fed is ready to step in to provide additional stimulus. The Commerce Department on Friday downgraded the nation's ...
Bernero Picks Lawrence: AP Source Friday, August 27, 2010 @ 4:35PMMichigan Democratic gubernatorial candidate Virg Bernero has selected Southfield Mayor Brenda Lawrence to be his running mate and will make the announcement Saturday, a person close to his campaign told The Associated Press.
18.1% of O.C. homeowners under water Friday, August 27, 2010 @ 1:45PMFewer Orange County homeowners were under water last spring than in the winter, according to CoreLogic, a Santa Ana real estate data firm. But that decline was due mainly to distressed homeowners losing their homes to foreclosure than to rising...
Foreclosures cut number of 'underwater' homeowners in Hampton Roads Friday, August 27, 2010 @ 12:41PMAug. 27--The number of homeowners in Hampton Roads who owed more on their mortgages than their homes were worth slid to just below 70,000 at the end of June, according to a new report.
Decline in Nevada taxable sales ease in June Friday, August 27, 2010 @ 10:29AM(AP:CARSON CITY, Nev.) The decline in Nevada's taxable sales eased in June, falling less than 1 percent from the same month a year ago, the state Department of Taxation reported Thursday.
Number Of Underwater Mortgages Nationwide Fell In 2Q Friday, August 27, 2010 @ 10:23AMForeclosures are helping to thin the ranks of this nation's homes with mortgages that exceed what the properties are worth, new data shows.
Downward revision of GDP growth a strong signal of stalled recovery Friday, August 27, 2010 @ 9:53AMSecond-quarter economic growth was revised to an anemic 1.6%, a decline that was slightly less than many economists had predicted. But the report was a sobering cap to a week of bad economic news that has raised fears the nation could plunge into another recession.
Ph.D. Land Economist Urges FHFA to Reject Proposed Guidance Regarding Private Transfer Fees Friday, August 27, 2010 @ 9:44AMThe following is from a letter by Dr. Tom McPeak, Ph.D., to FHFA, regarding FHFA's proposed guidance regarding private transfer fee covenants .
Overdue home loans fall in 2nd quarter Friday, August 27, 2010 @ 6:39AMThe rate of mortgages seriously delinquent or heading into foreclosure nationwide fell during the second quarter, according to Mortgage Bankers Association data released Thursday. Total delinquencies were at a rate of 9.85% of all loans outstanding as of June 30. And the percentage of loans on which foreclosures were started during the second quarter was 1.1%.
Brian Kaiser, UNR: Nevada's housing recovery is tied to unemployment rate Wednesday, August 18, 2010 @ 3:51AMHow can housing stage a recovery as unemployment soars to record-high levels?
Wolverines cornerback Troy Woolfolk hurt in Tuesday practice, taken to Michigan hospital Tuesday, August 17, 2010 @ 10:01PMANN ARBOR, Mich. - Michigan cornerback Troy Woolfolk was taken to a hospital after being injured during practice. Coach Rich Rodriguez says in a statement that Woolfolk sustained a "lower body injury" Tuesday afternoon. The coach declined to elaborate.
Judge sets $250,000 bond for Mich. woman in apple pie attack on Senate Armed Services chairman Tuesday, August 17, 2010 @ 9:27AMBIG RAPIDS, Mich. - An anti-war protester accused of hitting Senate Armed Services Committee Chairman Carl Levin in the face with an apple pie during a constituent meeting in northern Michigan is jailed on a $250,000 bond.
Area property tax values fall 10% Tuesday, August 17, 2010 @ 9:04AMMetro Detroit lost nearly 10 percent of its taxable value -- $16 billion -- in the past year because of a real-estate crash that keeps claiming victims. The crisis is now decimating public services in communities across the region, a report from the Southeast Michigan Council of Governments (SEMCOG) stated.
US homebuilder confidence falls again Monday, August 16, 2010 @ 6:41PMHomebuilder confidence dropped for the third straight month in August as the struggling US economy and a flood of cheap foreclosed properties kept people from buying new homes.
U.S. Economy: Factory Demand, Builder Confidence Fall Monday, August 16, 2010 @ 3:46PMOrders and sales at New York manufacturers decreased in August for the first time in more than a year and U.S. homebuilders turned more pessimistic, indicating the economic slowdown is becoming broad-based.
Grizzly in maulings that killed Michigan man was in poor condition, had parasites Monday, August 16, 2010 @ 3:43PMBILLILNGS, Mont. - An investigation into a grizzly bear that mauled three campers outside Yellowstone National Park reveals the animal had parasites and was struggling to feed herself and three cubs.
US home builder confidence sinks Monday, August 16, 2010 @ 3:31PMBuilder confidence drops for the third straight month as the struggling US economy and a flood of cheap foreclosed properties keep people from buying new homes.
Garrett Johnson: Fairy Tales and History Rhymes Monday, August 16, 2010 @ 2:40PMAmerica needs a bold, broad restructuring of our economic system. We need systemic financial reforms, as opposed to the token effort Congress has given us.
Weak U.S. economy, competition from foreclosures push index of builder confidence down Monday, August 16, 2010 @ 1:16PMWASHINGTON - American homebuilders lost confidence for the third straight month in August as the struggling U.S. economy and a flood of cheap foreclosed properties kept people from buying new homes.
WYANDOTTE: Community meeting set to discuss $7.8M federal grant Saturday, August 14, 2010 @ 2:47PMWYANDOTTE — By now, most residents know that the city received $7.8 million in federal funds for a neighborhood stabilization program.
Double recession double trouble Saturday, August 14, 2010 @ 4:31AMIf you're not following the growing fears of a double-dip U.S. recession, better start.
Oregon is next road trip for Minnesota's Pawlenty Friday, August 13, 2010 @ 4:57PMST. PAUL, Minn. - Check another state off Minnesota Gov. Tim Pawlenty's travel list. The two-term Republican governor, who is exploring a run for president, heads to Oregon next week for an education conference and for an appearance with that state's GOP candidate for governor.
Va. police investigate whether stabbing spree suspect is responsible for unsolved 2009 killing Friday, August 13, 2010 @ 3:42PMLEESBURG, Va. - A Virginia police chief says his department is investigating whether the suspect in a three-state stabbing spree is responsible for another unsolved death.
Advanced Lighting Solutions, Inc. Announces Additional Bulk REO Offers Made to the Company Friday, August 13, 2010 @ 10:23AMHOUSTON, TX--(Marketwire - August 13, 2010) - Advanced Lighting Solutions, Inc. ( PINKSHEETS : AVLS ) is pleased to announce two large investment opportunities presented to the company by private bulk REO property merchants, status of possible property sale, and disclosed company share structure.
Va. stabbing victim's mother says son recovering, grateful suspect caught Friday, August 13, 2010 @ 10:12AMWASHINGTON - A northern Virginia woman says her family is grateful that authorities have arrested a suspect in a stabbing spree in three states that left her 15-year-old son injured.
Advanced Lighting Solutions, Inc. Announces Additional Bulk REO Offers Made to the Company Friday, August 13, 2010 @ 10:10AMHOUSTON, TX--(Marketwire - 08/13/10) - Advanced Lighting Solutions, Inc. (Pinksheets: AVLS - News ) is pleased to announce two large investment opportunities presented to the company by private bulk REO property merchants, status of possible property sale, and disclosed company share structure. Tuesday of this week Advanced Lighting Solutions was contacted by Crystal Hardison, a representative ...