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The chief judge of the Pinellas-Pasco court system hopes 2010 will bring relief for judges as well as consumers and lenders caught in the growing morass of the worst foreclosure crisis in the nation. ...more
January 8, 2010
Jim Koerber had considered buying the abandoned house down the street from his Regency Park home as an investment. The 31-year-old house on Chatam Lane was a mess but could be fixed and rented. ...more
January 8, 2010
When federal, state and Pasco County officials started talking about using public money to counteract the collapse of the housing market and the related mortgage foreclosure problem, we wondered whether this would just delay the inevitable. The housing boom, whatever its cause, got too many people into mortgage debt they had no hope of repaying, especially once the inflated value of their houses collapsed. No amount of temporary foreclosure forbearance was going to change that unfortunate reality. According to the lead article in the Jan. 2 edition of The New York Times, our concerns were justified. ...more
January 6, 2010
Jim Koerber had considered buying the abandoned house down the street from his Regency Park home as an investment. ...more
January 3, 2010
The chief judge of the Pinellas-Pasco counties court system hopes 2010 will bring relief for judges as well as consumers and lenders caught in the growing morass of the worst foreclosure crisis in the nation. ...more
January 2, 2010
Lawyers and others are scrambling to become mediators after Monday's Florida Supreme Court order that foreclosure mediation be available for certain troubled homeowners. ...more
December 31, 2009
Look at the state of affairs in this country and we see what dire straits our economy is in. The deficit is at an all-time high and employment is at an all-time low. In order to boost the economy, the banks are still offering adjustable rate mortgages, which in the long run will cause more foreclosures. ...more
December 26, 2009
One of the biggest challenges to ending the foreclosure crisis is this: A surprising number of homeowners who get their monthly payments reduced fall behind again within a year. ...more
December 22, 2009
At the corner of East 26th Avenue and North Garrison Street in the Grant Park neighborhood, Carla Wilson doesn't like what she sees. Across the street, the vacant house in foreclosure is going downhill fast. ...more
December 18, 2009
At the corner of East 26th Avenue and North Garrison Street in the Grant Park neighborhood, Carla Wilson doesn't like what she sees. Across the street, the vacant house in foreclosure is going downhill fast. ...more
December 17, 2009
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