Tormala again loses home
GRAND RAPIDS — Second Ward City Commissioner Rick Tormala is blaming a “perfect economic storm” after he lost a home to foreclosure for the second time in a year.
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GRAND RAPIDS — Second Ward City Commissioner Rick Tormala is blaming a “perfect economic storm” after he lost a home to foreclosure for the second time in a year.
Read more here
A 56-year-old Kalamazoo man said he stole money from Westwood Little League because he feared losing his home. “My house was in foreclosure. All I was trying to do was get my house out,'’ Gary Geister told a judge Wednesday.
Those mountain vistas, star-filled skies and expensive furnishings in Ahwatukee Foothills are coming at a steep price. Homeowners are falling behind on their mortgage payments and facing foreclosure at nearly record rates.
An alarming number of Mainers are finding themselves in mortgages they can’t afford, or are ending up in foreclosure, because of misleading or downright fraudulent lending conditions.
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