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Related News Cefalus facing another foreclosure suit   GLENS FALLS -- A fourth foreclosure lawsuit covering six different parcels has been filed against companies affiliated with developer Charles Cefalu and his mother, Sophie. Countrywide Alumni Seek Profits From Housing Collapse (Update3)   July 29 (Bloomberg) -- PennyMac Mortgage Investment Trust , which raised $320 million in a stock offering today, is betting that the people who helped create the housing crisis will know how to profit from the cleanup. Countrywide Alumni Seek Profits From Housing Collapse (Update2)   July 29 (Bloomberg) -- PennyMac Mortgage Investment Trust , which plans to raise $400 million in a stock offering today, is betting that the people who helped create the housing crisis will know how to profit from the cleanup. Area?s commercial foreclosures could increase   The residential foreclosure crisis has hit the Dayton area, but the effect of commercial foreclosures remains murky. The area has already felt some reverberations as downtown Dayton?s largest building, the Kettering Tower, went into receivership this year as a part of a lawsuit to foreclose on the property. Other buildings in the Dayton area could face a similar fate with the loss of a tenant or ... American Principle Bank Announces Second Quarter 2009 Financial Results   American Principle Bank today announced second quarter and year to date financial results through June 30, 2009. Residents sue to stop Lawrence cell phone towers   A group of residents filed a lawsuit in Superior Court yesterday against Lawrence Township asking the court to block two cell phone towers from being built on a 2-acre lot on Carter Road. Stone Mountain faces foreclosure   The owners of a high-end residential development facing financial troubles have reached a deal with their lender for a friendly foreclosure. (Northwest Arkansas Times) Seven Falls still on, builder says   By James Shea Times-News Staff Writer ETOWAH -- A helicopter landed in an open field, and the legendary golfer Arnold Palmer climbed out. He was greeted by Keith Vinson, developer of the property that would feature a Palmer-designed golf course. Neighbors, developer wrestle over Curtis Park railyard project   A capital city shaped by its role in American railroad history is about to tackle its second large effort to build a new community of houses and stores on an old, toxic railyard. Hess files suit for reinstatement as Blairsville chief   Donald R. Hess, who was recently fired as police chief of Blairsville, has filed a federal whistle-blower lawsuit, alleging he was fired in retaliation resulting, in part, from his "good faith report" to Indiana County's district attorney and state police of "possible waste and/or wrongdoing by Blairsville Borough officials concerning BIG."

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