Fannie Mae: Will housing make full recovery in 2015?

Zillow, Trulia shareholders green light merger

Overwhelming margin approve marriage of online listings giants

Fannie Mae explains 6 ways to push borrowers to refi

Time is running out
W S
Servicing / The Ticker

Church tied to MLK continues to fight off impending foreclosure

/ Print / Reprints /
| Share More
/ Text Size+

As we approach Martin Luther King Jr. Day, a church founded in 1875 and important to the civil rights movement in St. Augustine faces foreclosure.

On Sunday morning, sounds of worship radiate out of the Greater St. Mary's Missionary Baptist Church, but with the church facing foreclosure, the music could turn to silence.

St. Mary's was granted a loan from the bank for restoration, but couldn't make payments after the 2008 recession and now owes $211,000 more than it originally borrowed due to arrears and interest rates.  The church is currently trying to raise $50,000 by February 13.

Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus