January 6, 2009
Roseland developers face foreclosure, lawsuit
SANTA ROSA – The developers of a five-home subdivision on Trombetta Street in Santa Rosa's Roseland neighborhood face potential foreclosure and lawsuits by two subcontractors.
Foreclosure rate spikes in region
With the cooling of the housing market compounded by a spike in mortgage failures, foreclosure activity is skyrocketing in California, according to a report released Tuesday.
Some people call mortgage foreclosure a silent crisis. One that starts with unpaid bills and escalates to a sale on the courthouse steps. One that leaves behind an empty house, and a family without a home.
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