Fire damages Timberlee home


FDIC sells $491 million in home loans
The Federal Deposit Insurance Corp. has sold $490.7 million in troubled mortgage loans from 19 banks that failed between August 2008 and March 2009 as it works through an inventory of assets from the institutions it has taken over.

Read more on AP via Yahoo! News

Flood insurance lapse is blocking home sales; Congress blamed for glitch
The National Flood Insurance Program expired March 28, leaving closings on sales of properties in flood-prone areas in limbo at least until the U.S. Senate reconvenes April 12.

Read more on The Florida Times-Union

Fire damages Timberlee home
Less than 90 minutes after spending nearly six hours at a practice burn exercise last Tuesday, Elmwood Township firefighters responded to a structure fire that damaged a Timberlee-area home. Gary Rushton, deputy chief of the Elmwood Fire Department, sa read more

Read more on Leelanau Enterprise

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