A partnership of Laurence Gluck of Stellar Management and the Rockpoint Group, which had already lost Riverton Houses in Harlem in March to foreclosure, put out a statement on Wednesday that placed their problems at the 3,221-unit 3,221-unit in the context of the current economic downturn.
As if that weren't putting enough supply on the market, the number of foreclosure notices out could even surpass last year's 2.8 million record.
Mrs Clinton has called for a " foreclosure time-out".
Mr Uva detected weakness in local TV advertising as early as the summer of 2007, as a rash of housing foreclosures broke out in states like California and Florida.
The vendors of these tables sit looking angry and bored, like it's a foreclosure moving-out sale.
GAO investigators attributed the finding to federal bank regulators, who recently completed a three-month probe into allegations of improper foreclosures carried out by the nation's 14 largest home loan servicers.
WASHINGTON — The Bush administration is backing away from proposals to have the government refinance a broad swath of homeowners who face foreclosure after taking out subprime mortgages and other high-risk loans over the last few years.
Congressional Democrats want to know why government-backed mortgage finance giant Fannie Mae's is farming out foreclosure paperwork to "foreclosure mill" law firms accused of rubber-stamping tens of thousands of possibly bogus documents.
