Mansion Price Drops $7 Million; Bentley Offered On Luxury Homes - Bloomberg sept. 4 (bloomberg) -- the u.s. housing crisis arrived on july 14 at stonebrook court, the 26,000-square-foot tudor-style home of california venture capitalist kelly porter. on that day, four months after putting the house on the market, he cut the ... www.bloomberg.com
State Budget Standoff Harms California's Most Vulnerable Residents lottery winners are still cashing in and judges haven't missed a payday, but california's record-breaking failure to pass a state budget is now hitting thousands of others hard. vote: is california's state budget impasse affecting you directly? www.mercurynews.com
State Budget Delay Imperils Patients, Angry Officials Say - San Diego Union-tribune sacramento – health care officials say a state budget delay that sets a record today is endangering patients, cutting services and may force some facilities to close. angry health care providers, who have not received medi-cal payments since the ... www.signonsandiego.com
Troubled Owners Of Homes Eligible For Grants - Akron Beacon Journal the federal home loan bank of cincinnati is handing out $1.3 million worth of grants in ohio to help homeowners struggling to pay their mortgages and facing foreclosure. homeowners who received loans through certain member banks will be able to ... www.ohio.com
Albuquerque Avoids Real Estate Rollercoaster the stories are plentiful: a california home listed at $7 million finally sells for $3.5. a florida developer auctions off his completed but vacant condominiums at cost. family homes sit on the market for months, bearing unrealistic bubble-era price tags. www.bizjournals.com
California Gop Budget Plan' More Debt so now we know.now we know what kind of budget the republicans in the california legislature have in mind. www.pressdemocrat.com
State Budget Impasse Threatens Health Services - San Francisco Gate saturday, september 6, 2008 the state has been without a spending plan since the new fiscal year began on july 1. the previous record for the latest budget enacted was 67 days in 2002, when then-gov. gray davis signed a spending plan on sept. 5. this ... www.sfgate.com
Number Of Delinquent Mortgages Hits Record - Washington Post mortgage bankers association says 6.41 percent of borrowers are not paying on time, from 5.12 percent a year ago. (by david zalubowski -- associated press) the number of mortgage borrowers who fell behind on their payments or lapsed into foreclosure ... www.washingtonpost.com
Fannie, Freddie Deal Helps Some Borrowers, Not All (ap:new york) the government's historic bailout of fannie mae and freddie mac on sunday will be good news to homebuyers and some homeowners hoping to refinance if it leads to lower mortgage rates, as experts expect. news.ino.com
Fed Takeover Of Lenders May Help Some Borrowers new york — few outside washington and wall street may understand what fannie mae and freddie mac do, but the government’s bailout of the two will likely be felt in cities and suburbs across the country. www.argusobserver.com
Fdic Shutters Silver State Bank Of Nevada - Cnn Money washington (ap) -- regulators on friday shut down silver state bank, saying the nevada bank failed because of losses on soured loans, mainly in commercial real estate and land development. it was the 11th failure this year of a federally insured bank ... money.cnn.com
Formerly Revered Trees Get Bad Rap After Wildfires - San Diego Union-tribune in fire-and drought-ravaged san diego county, such half-truths and myths have put formerly revered trees in a new light. yanking out any healthy tree, once seen as almost sinful, now is being viewed by some as prudent. www.signonsandiego.com
Volunteers Raise Barn At Kiowa 4-h Fairgrounds five-year-old evan parness was about to go to bed the night after halloween 2003 when he asked what his dad was watching on tv. "there's been some wildfires in california, and a lot of people's homes got destroyed," evan remembers his dad, jeff, telling him. evan thought for a second and said, "maybe we can do something nice for them." evan asked if he could send some of his old toys to ... www.kansas.com
Hovnanian, Toll Brothers Post Quarterly Losses - Forbes new york (reuters) - two large u.s. home builders posted quarterly losses amid the steep u.s. housing decline, but hovnanian enterprises inc (nyse: hov - news - people )'s results were far worse than wall street expected, while toll brothers inc ... www.forbes.com
Mortgage Crisis Hits New Depth - Cincinnati.com the number of southwest ohio homeowners who went into foreclosure soared during the second quarter as the national mortgage crisis continued. nationwide, a record 9.2 percent of mortgage holders were either behind on their payments or in foreclosure ... news.cincinnati.com
News And Features For Lake Isabella, California the notion that high speed internet access could soon be coming to more areas in the valley was the hot topic at the aug. 6 meeting of kern river valley revitalization (krvr) in kernville. www.kvsun.com
Home Foreclosures Reach Record High - Reuters new york (reuters) - u.s. home foreclosures and the rate of homes entering foreclosure rose to record highs in the second quarter, the mortgage bankers association said on friday. "the national foreclosure numbers continue to be driven by the hardest ... www.reuters.com