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Loan Modification

: Loan Modification & Home Loan News

Number of Hotel Foreclosures, Defaults Increasing

By Moe Bedard

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TOURISM: Values Have Declined 50% to 80% in Last 3 Years, Broker Says The number of California hotels that are in default on their loans or have gone into foreclosure has jumped a whopping 125 percent in the past 60 days. There were 32 properties in foreclosure and 174 in default, according to a June 28 report [...]

Full post as published by Loan Modification & Home Loan News on July 06, 2009 (boomark / email).

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Lawsuits and Settlements

Indymac
Faces Homeowner Class Action over Foreclosures

Railroad Workers
concerning the growing number of work-related injuries in the railroad industry.

Westin Hotel
Undisclosed settlement in valet driver negligence lawsuit.

Kahala Hotel?|
Faces Suit over Service Fees

Hotel Food Poisoning
Thomson Holiday and JMC-Thomas Cook awards British travelers a £2.5 million personal injury settlement.

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