| Foreclosures hitting Dane County hard
Mortgage foreclosures in Dane County leapt nearly 80 percent in 2007, matching the national increase as the local housing boom went bust and risky loans went sour. In 2007, there were 513 foreclosure sales scheduled with the Dane County Sheriff, compared to 286 in 2006, a 79.3 increase. That compares to a 79 percent nationwide increase, from 717,522 homes in 2006 to some 1.3 million in 2007, RealtyTrac, a California-based realty tracking company, reported Tuesday. Not all foreclosure lawsuits brought by lenders end in actual seizure of the property from borrowers, who sometimes manage to refinance debt or find a buyer before the property is sold out from under them. But neither are those who avoid foreclosure necessarily on sound financial footing. An 87 percent leap of foreclosure actions filed in Dane County Circuit Court over two years, from 478 in 2005 to 894 in 2007, points to an even larger portion of the community whose housing, and housing investments, are in jeopardy.
Archives for: 2006
Green light for world's biggest windfarm off Wales Another on Thames Estuary will supply electricity for 1/3 of London The government has given the go-ahead for the world's largest offshore windfarm to be built off the coast of south-east England. The London Array windfarm, to be built by a consortium including Shell, will consist of 341 turbines located 12 miles offshore. While the government has approved the offshore construction of the windfarm, in an area 145 square miles stretching between Margate, Kent. and Clacton, in Essex, the scheme currently depends on an onshore power substation being built in Swale. Kent. (Photo on right of a wind farm off Wales) London wind fram will deliver 1.3 GigaWatts of Green Power The department of trade and industry today also approved a second major scheme in the Thames Estuary, to be built in Thanet.
Romney to attend funeral of Mormon church president
Some of his requests were approved, others were denied, Romney said. He recalled one particular request to Hinckley to turn a church parking lot into a 10,000-seat Olympics medals plaza. "I was impressed by his knowledge of the details," Romney said. "He said, Aren't the sewer pipes too close to the surface on that lot for them to be able to level it? He literally was aware ofthe sewer system for the lot well enough to recognize that was an issue." Romney did not mention meeting with Hinckley to discuss his run for the presidency, until a reporter asked him about it. "Yes, I was in Salt Lake and had the chance to go by him and see him and told him that our family was going to be thinking about running for president," Romney said. "And he smiled and said, It would be a great experience if you won, and a great experience if you lost." He said he was not particularly close to Hinckley.
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