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Keyword: mortgageproblem

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  • Mortgage foreclosures at 30-year high !

    11/30/2002 8:15:09 PM PST · by ex-Texan · 68 replies · 536+ views
    Lansing State Journal ^ | 11/30/2002 | Christine MacDonald
    Mortgage foreclosures at 30-year highBy Christine MacDonald As the economy continues to falter, mortgage foreclosures across the nation have jumped to a 30-year high. And the few Lansing-area nonprofit groups that support homeowners say they don't have enough money to meet the growing demand for help. Besides the rise in mortgage foreclosures, more Ingham County properties are in the foreclosure process. That's in part because of a new state law that lets the state foreclose more quickly on property owners not paying taxes, officials said. To keep more people in their homes, the county treasurer proposes raising the income level...