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Repossessed Homes Nova Scotia

Nova Scotia power hike  HALIFAX �� Nova Scotia Power is confirming reports that a tentative deal has been reached to boost electricity rates by about 9.4 per cent.

ACA Co-op gets $3.5-million boost  A rural poultry processing plant that has been supporting the growth of Nova Scotia's agricultural industry for the past 65 years will receive an investment from the province of Nova Scotia for working capital. A $3.5-million loan for ACA Co-operative Ltd...

Renaissance Homes Headed for Bankruptcy  Renaissance Homes, http://www.renaissance-homes.com one of Oregon��s biggest home builders, will soon file for Chapter 11 bankruptcy, The Oregonian is reporting http://www.oregonlive.com/business/index.ssf/2008/09/highend_oregon_builder_renaiss.html.

Companies step in after foreclosures put families elsewhere  Michigan's glut of foreclosed homes means green for the companies that maintain these properties. Five Brothers Mortgage Co. in Warren, which offers banks upkeep services on foreclosed homes, has seen its business triple in the last five years.

Homes near Ore Lake suffer flood damage  Hamburg Township officials on Friday reported 58 homes near Ore Lake in Livingston County suffered flood damage after heavy rains last weekend swelled the lake and Huron River. Earlier this week, inmates from the county jail helped residents sandbag around homes and flood sites. The American Red Cross says flooding Sunday caused $300,000 in damage to its Howell offices.

$800-bn plan to help people with high-cost mortgages stay in their homes  US Treasury Secretary Henry Paulson is sending a financial-rescue plan worth about $800 billion to Congress as Democrats prepare to turn it into a vehicle to help people with high-cost mortgages stay in their homes.

Bonds to assist in paying for homes   Beacon Journal staff report The Summit County Port Authority has voted to issue $12.5 million in tax-exempt bonds to help people facing foreclosure on their homes.

Customer Service  HALIFAX - Nova Scotia's only poultry processor is getting a $3.5-million loan from the province for working capital. The government says the loan will help the ACA Co-op in New Minas to maintain its 650 jobs with an annual payroll of more than $25 million.

Valley bargain-hunters buy homes  The 525 existing houses sold in Fresno and Clovis in August represented the first time in three years that more than 500 homes were sold for three consecutive months, the president of the Fresno Association of Realtors reported Thursday. Read comments

Some Munster Homes Deemed Uninhabitable  Many families in Munster, Ind., got the bad news Friday that they lost their homes. CBS 2's Suzanne Le Mignot reports the Little Calumet River breeched its bank in multiple locations in northwest Indiana, sending water right into residential areas.