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LATEST CHASE HOME FINANCE NEWS:

'Extreme Makeover' home faced foreclosure
A bank moved to foreclose on a Georgia house that got a luxury upgrade three years ago from the TV show Extreme Makeover: Home Edition.Patricia Harper of Lake City in Clayton County near Atlanta, told WSB-TV that she and her husband took out a second mortgage 15 months ago to finance a construction business. Unfortunately, their timing was bad with the housing crisis getting started.Harper said ...

'Extreme Makeover' home faced foreclosure
LAKE CITY, Ga., July 25 (UPI) -- A bank moved to foreclose on a Georgia house that got a luxury upgrade three years ago from the TV show "Extreme Makeover: Home Edition."

Road Home tax relief OK'd as part of federal housing bill
WASHINGTON -- Hoping to stretch a safety net under the nation's tumbling housing market, the Senate on Saturday overwhelmingly approved a huge package of legislation that includes a program to save hundreds of thousands of families from losing their homes to foreclosure.

Business people
PETER THOMPSON of Concord has been elected chairman of the Concord Community TV board of directors. Thompson is an active volunteer in the community, also serving on the government affairs committee of the Concord Chamber of Commerce and the finance committee of St. John's parish.

'Extreme Home Makeover' House Threatened With Foreclosure
Channel 2 followed the progress as an army of volunteers swarmed a Clayton County neighborhood to build a new home for a deserving family on "Extreme Makeover: Home Edition" in 2005. Less than four years later, the home appears to be facing foreclosure.

More Bad News for Financial Institutions
Mike Larson takes a closer look at the declining second quarter earnings of both big and small financial institutions. In this issue of Money and Markets, Mr. Larson discusses how although there is bad news for financial institutions, finance and real estate companies aren't doing that badly.

UPI NewsTrack Quirks in the News
Italian court: Manager barred from f-word ... Cat search puts man in psych ward ... IRS issues stimulus check to dead man ... 'Extreme Makeover' home faced foreclosure ... UPI Quirks in the News