Stop Foreclosure Now

An innovative center in Florida has helped scores of homeowners avert foreclosure. With an infusion of $4 billion in federal aid, will it become a national model?

As a first step to determining whether to participate in a loan workout rather than pursue foreclosure, the lender will try to find the cause of the property’s problems and whether it can be turned into a viable asset.

A long and controversial fight to construct 77 single-family homes above the Santa Maria Speedway has led project developers to bankruptcy and potential bank foreclosure.

LYNN - City officials want to unload a problem property at 160 Essex St. that they inherited through a foreclosure, and hope to raze a few other rundown homes on Jackson Street.

The numbers are stark. Florida’s growth-based economy has been wounded to the point of hemorrhaging; the state is fourth in the nation for active foreclosures. Some 35,264 homes – one of every 242 properties – are facing foreclosure, and the rate is increasing at a manic pace.