Thousands Walk Away From Mortgage
Michigan faces growing home mortgage default woes
Read more News Source - WILX 10 Lansing
Publish date - 21:43:53 03/08/10

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Former Rock Financial exec David Hall forms mortgage firm
Best known for years as the pitchman of Rock Financial before a falling-out with his boss, Dan Gilbert, David Hall has launched a new mortgage company in Birmingham called Hall Financial.
Read more News Source - Detroit Free Press
Publish date - 19:43:31 03/09/10

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Democratic gubernatorial candidate pushes for Michigan state bank
Lansing Mayor Virg Bernero today proposed having Michigan follow the lead of North Dakota and open a state-owned bank that could make low-interest loans to businesses and college students.
Read more News Source - Detroit Free Press
Publish date - 19:58:30 03/09/10

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Mortgage Defaults Growing
Michigan faces growing home mortgage default woes. The state currently ranks fourth in the nation in underwater mortgages.
Read more News Source - WILX 10 Lansing
Publish date - 08:29:03 03/08/10

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Michigan governor candidate proposes state bank similar to North Dakota's
LANSING, Mich. (AP) — Lansing Mayor Virg Bernero on Tuesday proposed having Michigan follow the lead of North Dakota and open a state-owned bank that could make low-interest loans to businesses and college students.
Read more News Source - The Fargo Forum
Publish date - 18:55:18 03/09/10

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Lansing Mayor Virg Bernero proposes Michigan state bank
Lansing Mayor Virg Bernero is proposing a new state-owned bank to provide credit to small businesses and kickstart the states economy. Bernero announced the idea today. Its among his major proposals for his Democratic gubernatorial campaign bid that began a month ago. He said the concept is modeled after the state-owned Bank of North Dakota. A similar bank in Michigan would help businesses by ...
Read more News Source - Lansing State Journal
Publish date - 16:49:18 03/09/10

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Mortgage fraud: Bronzeville building scrutinized
By Mary Ellen Podmolik | A title company, seven mortgage companies, six loan originators and two appraisers were cited by the state Monday for allegedly defrauding lenders of $7.7 million on a 27-unit condo building, all the units of which are in foreclosure.
Read more News Source - WGN Radio Chicago
Publish date - 21:34:43 03/08/10

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Mich. faces growing home mortgage default woes
DETROIT (AP): With the economy still struggling, a growing number of people in Michigan are walking away from homes that are worth less than what they still owe on them.
Read more News Source - Grand Haven Tribune
Publish date - 19:08:10 03/08/10

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Mich. faces growing home mortgage default woes
Thousands of Michigan residents who owe more on their mortgages than their homes are worth are walking away from their homes, and their mortgages.
Read more News Source - TV 7&4 Traverse City
Publish date - 08:52:13 03/08/10

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Join our Web chat: Is your home underwater?
More than 500,000 Michigan properties with a mortgage are underwater in Michigan. For many people, that doesn't present a problem. But what if you have lost your job and need to move? Or you are getting fewer hours and less pay at work. More people are walking away from their mortgages because they have run out of options. Join us at 3 p.m. today for a Web chat with our panel of experts in real ...
Read more News Source - Detroit Free Press
Publish date - 20:43:30 03/08/10

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