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Tag Archives: foreclosure

City expects to buy foreclosures soon

With the help of federal stimulus funds, St. Charles expects to start buying foreclosed houses inside the city’s limits in the next few weeks. Earlier this year the city received a $640,000 grant, funded by stimulus money, to buy the ...

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Stephen Baldwin seeks meeting with banks to avert foreclosure

Stephen Baldwin, an actor in such films as “The Usual Suspects,” wants to hold discussions with lenders about foreclosure proceedings against his home, which forced him to seek bankruptcy protection. Baldwin filed a “loss mitigation” request to enter into talks ...

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Foreclosure filings set third record high in past five months

Foreclosure filings in the U.S. climbed to a record for the third time in five months in July as falling home prices and the recession left more homeowners unable to keep up payments or refinance. A total of 360,149 properties ...

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Watergate Hotel sold for $25 million at auction

The Watergate Hotel in Washington, part of the complex made famous by the political scandal that brought down President Richard Nixon, sold in a foreclosure auction to mortgage holder PB Capital Corp. New York-based PB Capital paid $25 million for ...

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Tenants deserve notice, rights groups say

Advocates for fair housing called on the Missouri General Assembly to pass legislation to give tenants notice of foreclosure proceedings against their landlords. Legislation introduced in the state Senate by Sen. Jolie Justus, D-Kansas City, would require lenders or trustees ...

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