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Michigan Foreclosure Process News

Bernero Campaign Picks Southfield Mayor Brenda Lawrence for Running Mate Thursday, September 2, 2010 @ 10:26AMA look at the recent pick for Lt. Governor Brenda A. Lawrence by the Virg Bernero campaign for Governor of Michigan. Contributor: Claude Morton Published: Aug 31, 2010
AROUND THE CAPITOL Saturday, August 28, 2010 @ 7:02AMState Rep. Douglas Geiss(D-Taylor) has been appointed to the House Military and Veterans Affairs and Homeland Security Committee for the remainder of the 95th Legislature.
More Ohio homeowners paying late or in foreclosure Friday, August 27, 2010 @ 4:38AMBLADE STAFF AND NEWS SERVICES
More Ohio homeowners paying late or in foreclosure Friday, August 27, 2010 @ 12:09AMBLADE STAFF AND NEWS SERVICES A greater share of Ohio borrowers were late in making home loan payments or were in foreclosure in the spring compared to last winter, a new study shows. The same study also found nearly 1 of every six mortgages in Michigan was delinquent or in foreclosure in the second quarter, though that was down slightly from the first quarter. The Mortgage Bankers Association ...
Rate of delinquent mortgages falls Thursday, August 26, 2010 @ 3:01PMThe rate of mortgages seriously delinquent or heading into foreclosure nationwide fell during the second quarter, according to data released this morning by the Mortgage Bankers Association.
Fewer mortgages were in default in the second quarter 2010 Thursday, August 26, 2010 @ 12:31PMFewer mortgage borrowers are delinquent on their loan payments, according to the latest data from the Mortgage Bankers Association.
Community Calendar Thursday, August 26, 2010 @ 4:15AMThe deadline for calendar items is two weeks prior to the desired publication date. Send information on clubs, lectures, community events, religious events, reunions, support groups and singles to: Community Calendar, Evanston Review, 3701 W. Lake Ave., Glenview IL 60026; fax to (847) 486-7451 or e-mail to evanston@pioneerlocal.com.
Georgia to receive federal housing aid Thursday, August 26, 2010 @ 12:35AMThe U.S. Treasury Department has committed almost $127 million to aid unemployed Georgia homeowners facing foreclosure, but state officials are still unsure when residents might see relief.
Tumwater needs united front in brewery redevelopment Monday, August 16, 2010 @ 1:47AMThe tortured history of the former Olympia brewery took another twist recently, when a California company with ties to a former owner bid $24.9 million for the brewery property at a public bankruptcy auction.
Foreclosed homes up 9% in July Sunday, August 15, 2010 @ 2:51AMLOS ANGELES - The number of U.S. homes lost to foreclosure surged in July as lenders took back more properties from homeowners who have been in default for months on end.
Government restores funding for zero-down home loan program Friday, August 13, 2010 @ 4:30PMLoans have no mortgage insurance premiums, almost unheard of today's credit climate.
Fitch Downgrades 2 and Affirms 4 Classes of GMAC 1998-C2 Thursday, August 5, 2010 @ 3:23PMNEW YORK--(BUSINESS WIRE)--Fitch Ratings downgrades GMAC Commercial Mortgage Securities, Inc., series 1998-C2 as follows: --$19 million class J to 'B/LS4' from 'BB+'; Outlook to Negative from Stable; --$19 million class K to 'C/RR2'from 'CC/RR1'. Fitch affirms the following classes: --$22.3 million class E at 'AAA/LS4'; Outlook Stable; --$88.6 million class F at 'AAA/LS3'; Outlook Stable; --$44 ...
Fitch Downgrades 2 and Affirms 4 Classes of GMAC 1998-C2 Thursday, August 5, 2010 @ 3:06PMNEW YORK----Fitch Ratings downgrades GMAC Commercial Mortgage Securities, Inc., series 1998-C2 as follows:
SJ native offers dose of sanity for crazy times Monday, August 2, 2010 @ 6:11PMST. JOSEPH - Layoffs. Downsizing. Unemployment. Bankruptcy. Foreclosure.
Foreclosure prevention assistance available Saturday, July 31, 2010 @ 7:16AMCADILLAC - Northwest Michigan Community Action Agency’s foreclosure prevention program assists clients by negotiating with banks on payment schedules and amounts, interest rates and even counsels families on budgeting for their personal financial situation.
Flagstar Reports 2010 Second Quarter Results Tuesday, July 27, 2010 @ 9:59PMFlagstar Bancorp, Inc. , the holding company for Flagstar Bank FSB, today reported a second quarter 2010 net loss applicable to common stockholders of $ million, or $ per share based on average shares outstanding of 153,298,000, as compared to a net loss of $ million, or $ per share based on average shares outstanding of 77,699,000 for the first quarter 2010. Â Â
Pre Foreclosure Rated Decline in Hard Hit Regions Tuesday, July 27, 2010 @ 3:00AMLas Vegas, Miami & Phoenix all see pre foreclosure rated decline in Q2 2010
Pre Foreclosure Rates Decline in Hard Hit Regions Tuesday, July 27, 2010 @ 3:00AMLas Vegas, Miami & Phoenix all see pre foreclosure rates decline in Q2 2010
Lakefront home abandoned Friday, July 16, 2010 @ 5:22PMAlthough the home has been assessed at $500,000 the minimum bid has been set at $41,000.
Race for Genesee County Treasurer turns into test of political strength Friday, July 16, 2010 @ 5:13PMTwo state legislators who can't return to Lansing because of term limits are locked in a test of their vote-getting strength in the race for county treasurer with the loser out of a job and the winner earning a second lease on their political life.
Janet Ritz: The Case for Informed Citizenship Thursday, July 15, 2010 @ 11:47AMAre we, by our own obtuseness, responsible for those who toil in unsafe conditions, who find themselves looking out at a destroyed Gulf of Mexico, who mourn for loved ones buried in an unsafe mine?
State Housing Help in Big Demand Tuesday, July 13, 2010 @ 5:03PMHomeowners must contact their lenders first; many lenders are still waiting to participate in the program.
Fiscal discipline key Oakland County issue Friday, July 9, 2010 @ 7:07AMMission: Your Oakland County Treasurer’s Office will serve taxpayers, governmental, and private sector partners with respect, professionalism, and a renewed commitment to customer service and innovative problem solving.
WLNS TV 6 Lansing Jackson Michigan News and Weather - WLNS.COM | Unemployed Man Facing Crisis Friday, July 2, 2010 @ 5:11PMThe national unemployment rate improved in June, it's lowest level in almost a year, but the unemployment rate fell as more out of work people gave up on their job searches and left the labor force. As of now, unemployment benefits will expire for 87,000 Michiganians.
Rep. Sandy Levin: Stories From the Unemployed Thursday, July 1, 2010 @ 3:00PMThe Senate has tried repeatedly to bring an unemployment extension to a vote, but each time it has been blocked by Senate Republicans. This is shameful and hurts families across the country.
Community Calendar Thursday, July 1, 2010 @ 4:18AMThe deadline for calendar items is two weeks prior to the desired publication date. Send information on clubs, lectures, community events, religious events, reunions, support groups and singles to: Community Calendar, Evanston Review, 3701 W. Lake Ave., Glenview IL 60026; fax to (847) 486-7451 or e-mail to evanston@pioneerlocal.com.
Shelter: ‘Certified pre-owned cats, $0 down!’ Wednesday, June 30, 2010 @ 4:01AMThe Michigan Humane Society's clever ad campaign is drawing attention to a problem affecting shelters all over the country: the large number of adult cats looking for homes. As the Certified Pre-Owned Cats campaign poster says, with no money down, no financing and no payments, these cats are "better than new!" Humane society - Rescues and Shelters - Cat - Organizations - Animal Welfare
The Two Faces of the Tea Party Monday, June 21, 2010 @ 12:39PMAs a student in the exciting new field of Tea Party Studies, I've noticed that no one agrees on what the Tea Party actually is.
Real estate market shows signs of strengthening Wednesday, June 16, 2010 @ 9:26AMAfter a weak showing through much of the previous couple of years, Northwest Michigan’s residential real estate market strengthened somewhat through the first five months of 2010.
County foreclosure filings jump in May Thursday, June 10, 2010 @ 2:00AMForeclosure filings in Ventura County rose 17.4 percent in May over the previous month, a sign that local foreclosure activity has not stabilized.
Comedy club to put its assets up for bid Tuesday, June 8, 2010 @ 3:40AMThe owner of a former comedy club in downtown Battle Creek is liquidating its assets in an online bidding process on June 22.
Former comedy club auctions contents Monday, June 7, 2010 @ 10:08AMA former comedy club in downtown Battle Creek is liquidating its assets in an online bidding process June 22.
'Gateway to Ypsilanti': Settlement reached to renovate Parkview Apartments Thursday, June 3, 2010 @ 5:19AMAmanda Wallace's granddaughter, Leiasha Wallace, is pictured on the family's front porch in the Parkview Apartment complex. Tom Perkins | For AnnArbor.com Amanda Wallace lives in one of the roughly 30 remaining occupied apartments in the 144-unit Parkview Apartments on......
Shelter: ‘Certified pre-owned cats, $0 down!’ Friday, May 28, 2010 @ 5:08AMThe Michigan Humane Society's clever ad campaign is drawing attention to a problem affecting shelters all over the country: the large number of adult cats looking for homes. As the Certified Pre-Owned Cats campaign poster says, with no money down, no financing and no payments, these cats are "better than new!" Humane society - Rescues and Shelters - Cat - Organizations - Animal Welfare
Class Action Filed In Detroit Against Sun Life of Canada Over Disability Insurance Wednesday, May 26, 2010 @ 10:25AMread more
Class Action Filed In Detroit Against Sun Life of Canada Over Disability Insurance Wednesday, May 26, 2010 @ 10:18AMAn occupationally disabled woman suffering from severe back injury has filed a lawsuit alleging that Sun Life Assurance Company of Canada violated insurance reforms issued by the State of Michigan's Insurance Commissioner and applicable to disability insurance contracts delivered within the state. Â The lawsuit seeks class action status for all persons who were covered under short and long-term ...
Free programs ease homeowners' burden Monday, May 24, 2010 @ 2:28AMDAY TWO OF TWO: John Hoffa, 57, got a permanent loan modification on his Brownstown Township home with the help of a foreclosure prevention program. Free help is available, but few use it.
Long waits, denials plague efforts to modify mortgage Sunday, May 23, 2010 @ 3:28AMDAY ONE OF TWO: The government's loan modification program, intended to help people keep their homes, is mired in long waits, denials and shockingly large bills.
California foreclosure crisis subsides Thursday, May 20, 2010 @ 2:58PMMay 20--For once California's economy looks good compared to that of some other states.
Hope for the Housing Market? Foreclosure Filings Fell in April Thursday, May 13, 2010 @ 12:00AMCould it be, just maybe, that after months of record foreclosure filings, the pace is slowing? According to the online foreclosure tracking firm RealtyTrac, the number of foreclosure filings fell 9 ....
Proposed state laws imperil the public's right to know Wednesday, May 5, 2010 @ 12:17PM(On May 12, the House Judiciary Committee, headed by Rep. Mark Meadows, D-East Lansing, will conduct hearings on legislation that would end the requirement to publish governmental public notices — proposed ordinances, zoning changes and the like — in newspapers.
Despite economy, more and more people seeking their dream Tuesday, May 4, 2010 @ 6:43AMMichigan’s economic climate is grim. Despite signs of aturnaround nationwide, Michigan still leads the U.S. inunemployment, has sky high foreclosure rates, leads the way inresidents fleeing to other locales and increasing numbers of thosewho remain applying for public assistance.
Hazel Park school board candidates agree kids deserve better Monday, May 3, 2010 @ 6:00AMYoung dad challenges veteran incumbent with 4 grandkids in Hazel Park schools.
Securing Detroit's future is a challenge Monday, May 3, 2010 @ 2:50AMDennis Talbert turns onto Heyden Street toward the safety and security of his modest wood bungalow at the far end of the block. But first he must pass through a wasteland.
Daunting task ahead to secure Detroit's future Sunday, May 2, 2010 @ 11:51AMDennis Talbert turns onto Heyden Street toward the safety and security of his modest wood bungalow at the far end of the block. But first he must pass through a wasteland. Twenty weed-infested and trash-strewn lots, Nine vacant houses. A pile of discarded car... Security - Bungalow - Detroit - Wood - Business
Pilot program aids home buyers in Kalamazoo Township neighborhood Sunday, May 2, 2010 @ 6:47AMKalamazoo Neighborhood Housing Services Inc. has received a $155,000 grant to help home buyers in the Eastwood neighborhood rehabilitate recently purchased homes.
The 'Wild West' of Home Foreclosures Thursday, April 29, 2010 @ 3:01PMFamily buys foreclosed home for cash. Six months later, there home is emptied by property removal service. American Old West - Foreclosure - Wild West - United States - Business
Homebuyer's tax credit to expire Friday Wednesday, April 28, 2010 @ 4:03AMHome sales in Livingston County will likely remain steady after Friday, when the popular federal first-time homebuyer's tax credit expires, said Kevin Gerkin, president of the Livingston County Association of Realtors.
Editorial: Job growth is pointing to a better economy Monday, April 26, 2010 @ 9:15AMFile photoSam Asaro, a technician at Tenneco, prepares to test an exhaust system.Like many other Jackson County residents, Lawrence Filter lived through the Great Depression and therefore has some perspective on the country's more recent economic struggles. "We got through...
Recession forces home builders to cut costs, benefiting sellers and buyers Monday, April 26, 2010 @ 3:13AMLansing's home building market appears to be on the rise as builders strive to work more efficiently and keep costs low.