Interesting Housing News Links (April 15, 2009)

* Millais Gallery faces closure (Jon Reeve �, Hampshire Chronicle)

is named after Southamptons most famous artistic son, and has showcased some of the citys best new art.

* SHORT SALE in a nutshell (Cynthia Sells, Summit Daily News)

What can the average person do to stop a foreclosure? If you find yourself behind on your home loan payment, first, dont wait until you are several mortgage payments behind to get help. Mortgage companies have entire departments, known as loss mitigation, available to help you out of this mess. You have to specifically ask for that department simply speaking to a customer service represen…

* U.S. crackdown targets mortgage scams (Alan Zibel, Philadelphia Inquirer)

Federal and state officials are cracking down on mortgage-modification scams, accusing “criminal actors” of preying on desperate borrowers caught up in the nation’s housing crisis.

* Report: US is ripe for recruiting by extremists (Eileen Sullivan, Tri-City Herald)

Homeland Security officials are warning that right-wing extremists could use the bad state of the U.S. economy and the election of the country’s first black president to recruit members to their cause.

* Survival of the fittest (Nick Cruit, Sierra Sun)

With two Tahoe real estate mergers occurring within days of each other in late October, those in the industry continue to try and stay grounded in an already wavering market.

* Buy while rates are low (Beth Orenstein, Morning Call)

Lenders expect that with mortgage interest rates at historic lows, with home prices declining and many first-time homebuyers eligible for up to an $8,000 tax credit, they will be kept busy with applications for home loans this spring.

* Stimulus maze offers tax breaks in 2010 (Tim Landis, Marion Daily Republican)

Taxpayers concentrating on the midnight Wednesday income tax deadline should also think ahead to a federal economic stimulus bill chock full of tax-credit possibilities for 2010 returns, say local financial experts.

* Detectives visit woman in hospital (Candice Baker, Independent)

They tell her the caretaker suspected of financial abuse was arrested. Suspects pretrial begins at 8:30 a.m. today.

* Commissioners approve Big Darby development plan (Barbara Carmen, Columbus Dispatch)

Franklin County commissioners approved deals today to protect the scenic Big Darby Creek while accommodating nearby development.

* Agencies see more people without health insurance (Glen Creno, Arizona Republic)

The agencies that provide health care for people who can’t afford it say they’re being overrun as more people lose jobs and the medical insurance that goes with them.


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