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Huge Majority Want Banks to Take Hit

Destin, FL - November 8, 2011 - (RealEstateRama) -- An over-whelming majority of those surveyed want banks to be forced to modify mortgages to aid the ailing U.S. economy and help homeowners at risk of foreclosure. That’s the finding of a just released poll which asked respondents whether banks should take the hit for errors they made handing out loans to anyone who could sign their name on the bottom line.

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Warner, Kaine Applaud $1 Million Federal Grant for New Housing as...

U.S. Sens. Mark R. Warner and Tim Kaine (both D-VA) announced $1,000,000 in federal funding for three new mixed-income and mixed-use communities in St. Paul’s Redevelopment Project in Norfolk. Specifically, this funding is awarded to the Norfolk Redevelopment & Housing Authority to redevelop two low-income housing communities in the Young Terrace and Calvert Square neighborhoods, as well as a parcel of land on East Freemason Street.