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Latest Rhode Island Headlines
- Foreclosures Have Hit the Wealthier Neighborhood Hard - May 18, 2009
Home foreclosures are no longer being confined to the humble neighborhoods of the US. Rising unemployment is driving even the wealthier communities towards economic distress. In fact, property foreclosures increased three times in North Jersey – an address of the decidedly rich[...]
- Foreclosure Related Bills Awaiting The Nod From The Governor - Jun 25, 2008
The foreclosure bill is about to swing into action and is just awaiting the nod from the Governor Carcieri. From now on banks repossessing properties in Rhode Island will be liable to pay taxes and bear maintenance costs. The bills aimed at hitting out at banks and mortgage companies that have been operating from outside the state. These are only two of the handful of foreclosure related bills.
- Foreclosures Triple In Rhode Island - May 28, 2008
During the first quarter the foreclosures in Rhode Island nearly tripled as the mortgage rates reset to higher notches. With falling house prices the borrowers could neither sell nor modify. Foreclosures became inevitable.


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