Defaults Show Signs of Leveling Percent of Foreclosures that Result in Home Loss Continues to Worsen

No End in Sight for California Foreclosure Mess March Sees Record Levels of California Foreclosure Filings

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December building permits in Visalia up sharply

over this area ? multifamily, single-family, you name it,' Davis said. 'The problem is the foreclosures.' When foreclosed listings are reduced, new buildings will sprout up quickly, Davis said. Visalia Mayor Jesus Gamboa applauded Daley Enterprises'

Obama: Country Needs Economic Stimulus Plan

before the crisis set in. One in 10 U.S. homeowners is delinquent on mortgage payments or in foreclosure. House Speaker Nancy Pelosi, D-Calif., and Senate Majority Leader Harry Reid, D-Nev., are to receive details on Monday. Obama plans meetings next