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SARASOTA COUNTY - A box of Blockbuster video store forms with credit card and Social Security information that was dumped in a trash container last week now is under Sarasota County Sheriff's Office protection. ...more
October 25, 2007
Countrywide Financial Corp., the nation's largest mortgage lender, said Tuesday that it will begin calling borrowers to offer refinancing or modifications on $16 billion in loans with interest rates set to adjust by the end of 2008. ...more
October 24, 2007
Florida's foreclosure activity jumped 77 percent in August, compared with July, boosting its foreclosure rate to the third highest among all states. It was even worse in Tampa Bay, where foreclosure filings more than doubled. Both are further signs that homeowners are having trouble paying their mortgages and selling their homes amid a national housing slump. ...more
September 19, 2007
TAMPA - Florida's foreclosure activity jumped 77 percent in August, compared with July, boosting its foreclosure rate to the third highest among all states. It was even worse in Tampa Bay, where foreclosure filings more than doubled. Both are further signs that homeowners are having trouble paying their mortgages and selling their homes amid a national housing slump. ...more
September 18, 2007
U.S. Rep. Barney Frank, whose efforts to clamp down on mortgage-lending abuses were thwarted by the last Republican Congress, is about to try again. He should have better luck this time. ...more
September 18, 2007
Countrywide Financial Corp. said Thursday that it had boosted its borrowing capacity by $12 billion, as the mortgage lender struggles to weather the slowdown in the housing market. ...more
September 14, 2007
Hovnanian Enterprises, struggling like other home builders, is offering six-figure discounts on some of its properties this weekend as it attempts to draw interest in a slumping market. ...more
September 13, 2007
Mortgage insurer MGIC Investment Corp. abandoned its $5 billion bid to buy rival Radian Group on Wednesday, saying it was in each other's best interest to concentrate on surviving in the faltering mortgage industry. ...more
September 6, 2007
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