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: Loan Modification & Home Loan News

California Hotel Foreclosures Quadruple in 2009

By Moe Bedard

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?Hotels are being foreclosed on and reselling at very low, low prices. A lot of people question if they should keep paying. As bad as the numbers look right now, it?s going to get a lot worse.? Jan. 7 (Bloomberg) — Hotel foreclosures in California more than quadrupled last year as business travelers and vacationers cut [...]

Full post as published by Loan Modification & Home Loan News on January 08, 2010 (boomark / email).

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