The town of Anderson population 300 is foreclosing on 18 of 26 large spruce-covered lots it had handed out because the new owners did not develop them as required.
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The Federal Deposit Insurance Corporation recently recommended that lenders provide certain borrowers with a temporary respite from mortgage payments, or a forbearance.
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A ninth-floor apartment at 89th Street that was put up for auction after a foreclosure has been occupied by tenants protected by state rent regulations.
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Part of a small wave of new urban homesteaders, a St. Paul couple bought and renovated a farmhouse that had gone into foreclosure.
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