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Loan Modification

: Loan Modification & Home Loan News

San Francisco Hotel Foreclosure Crisis Forming as Over 100 Suffer Mortgage Problems

By Moe Bedard

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More than 100 hotels in the Bay Area are now suffering from problem mortgages, according to a new report that sketches ongoing woes for the lodging industry. During the first quarter of 2010, an estimated 106 Bay Area hotels were either in foreclosure or default on their mortgages in the first quarter, Atlas Hospitality Group reported. That [...]

Full post as published by Loan Modification & Home Loan News on April 13, 2010 (boomark / email).

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