Search Results for: foreclosures

Study: 2-year budget cuts to cost Va. 37,000 jobs (Virginian-Pilot) Sweeping spending cuts in the state budget are expected to cost Virginia 37,000 jobs over the next two years, findings in a new study suggest. Obama readies steps to fight foreclosures, particularly for unemployed (Washington Post) The Obama administration plans to overhaul how it is… Read more »

Community Capital Bank triples loans (Times-Dispatch) Virginia Community’s new bank, Community Capital Bank, completed its first full year of operations by posting a small $113,000 loss for 2009 — while seeing loans triple, to $8.4 million, at a time when most banks reported little activity. Local banks suffer losses, yet deposits are up (Inside Business)… Read more »

Virginia’s foreclosure market was literally frozen in the month of February, according to an industry report released today.

A wave of commercial foreclosures could trigger economic damage that affects the lives of every American, according to a report released by the Congressional Oversight Committee. From the panel: “Commercial real estate loans made over the last decade — including retail properties, office space, industrial facilities, hotels and apartments — totaling $1.4 trillion will require… Read more »

UVa mulls reduced ticket prices (Daily Progress) he department has proposed an idea in which a $10 ticket would be offered in some upper-deck end zone seat locations of the arena where tickets have not been sold (sections 305-311) for select ACC home games. Those tickets are currently selling for $30 and $35. Colorado man… Read more »

Foreclosures don’t usually stand out