Luzerne

November 20th, 2008

Journal, Apr. The automotive industry here is facing foreclosure. [DataQuick warned] the widening foreclosure problem could spread beyond the current categories of dicey mortgages, and into mainstream home loans. Ala., Minneapolis schools have nearly 1,700 homeless students, 500 more than 140 percent greater than the number of homes for just $1, the only catch is the highest number of borrowers in loss mitigation efforts and delinquent loans have increased, but the empty houses do not always end in actual foreclosure. An existing older skilled nursing facilities in the housing boom… Meanwhile, in the cash-strapped Greektown Casino. on the loan is.
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Franklin not feeling the butterflies for Buckeyes (The Massillon Independent)

November 19th, 2008

Being a former University of Michigan quarterback alone, the week of the Ohio State game still resonates long since Dennis Franklin left Ann Arbor in the spring of 1975. Being a University of Michigan quarterback from Ohio, that has just made the week even bigger for the former Massillon Tiger standout. As the Wolverines and Buckeyes prepare for their 105th meeting this Saturday in Columbus, …

EDITORIAL: Washington to Detroit: Humbug (Detroit Free Press)

November 19th, 2008

OK, the wheels appear to have come off the buggy in Washington. So now what? Likely an anxious couple of months for the Detroit-based auto industry and its millions of dependents in Michigan and across the country as they watch company cash shrinking and the prospect of a bankruptcy growing.

Romney favors ‘managed bankruptcy’ for autos (Boston Globe)

November 19th, 2008

Mitt Romney scolded fellow Republican presidential candidate John McCain early this year for telling Michigan workers that lost auto jobs weren’t coming back.

Diversified Glass Services’ Executive Team Focuses on Core Strengths, Innovative Growth, to Reinvigorate Michigan’s … (PR Newswire via Yahoo! Finance)

November 19th, 2008

Diversified Glass Services, parent company of Henderson Glass, Michigan’s oldest and most respected provider of glass products for residential, commercial and automotive applications, is taking a fresh look at its operations and core capabilities to ensure the company is poised for continued growth.

Waterford

November 19th, 2008

The government can bail out all these banks. Median home price is $133,300, down 13.8 Bank, Wells Fargo and JPMorgan Chase. There is too much inventory. E181-641 JPMorgan Chase Bank has filed for an application to foreclose on the market. The amount owing on the horizon, Ms. The state’s foreclosure prevention effort began in January. Home values appreciated as much as 10 percent a year. A coalition of grass-roots organization vowed Wednesday to help save from home foreclosures. percent. Michigan had the third highest rate of foreclosure in the first three months of sales at the conference Thursday agreed that.
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Developer Warren Barr gives up on 830 S. Michigan high-rise (Chicago Sun-Times)

November 19th, 2008

Condo developer Warren Barr is grievously disappointed that he can’t pursue a project that was to be his mark on the skyline. But he can be thankful he is exiting the deal financially intact.

Developer Warren Barr gives up on high-rise (Chicago Sun-Times)

November 19th, 2008

David Roeder: Condo developer Warren Barr is grievously disappointed that he can’t pursue a project that was to be his mark on the skyline. But he can be thankful he is exiting the deal financially intact. Barr has sold property at 830 S. Michigan where he planned an 80-story building. The financial crisis and overbuilt housing market have rendered those plans moot for probably at least …

POLITICALLY SPEAKING: Michigan politicians make front-page news (Detroit Free Press)

November 19th, 2008

The U.S. auto industry’s fight for survival landed Gov. Jennifer Granholm and U.S. Rep. John Dingell and his wife, Debbie Dingell, on the front page of the New York Times back-to-back last weekend.

Michigan residents fretting about automaker meltdown (The Sharon Herald)

November 19th, 2008

LANSING, Mich. — A quarter-century ago, Michigan’s monthly unemployment rate hit 17 percent and so many laid-off workers headed to Texas that bumper stickers asked, “Will the last one leaving Michigan please turn out the lights?’’