philadelphia

States Tackle Foreclosures In Absence of Federal Help

This month alone, Philadelphia's sheriff delayed foreclosure auctions of 759 homes at the city council's urging. Maryland extended the time it takes to complete a foreclosure. State leaders in Ohio recruited more than 1,000 lawyers to aid distressed borrowers.

Toll Brothers revenue down 22 percent

PHILADELPHIA (AP) - Toll Brothers said Wednesday that home building revenue fell by 22 percent in the first quarter, its seventh consecutive quarterly decline, and warned that it's "not yet seeing much light at the end of the tunnel.

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