foreclosure
-
Talk of the Town: Are we rebounding yet?
Is the housing market finally recovering? A brief Google search of the term “housing market rebound” produces month after month of news articles predicting that yes, this time, it’s finally a rebound. This week saw the release of a few data points that suggest that recovery just might be around the corner. Fannie Mae and Continue reading
-
Protecting Renters from Foreclosure- Permanently.
The housing market is sending decidedly mixed signals to Americans: On the one hand, increases in new home construction are suggesting to analysts that the housing slump might finally be over, which could mean positive economic impacts outside of the housing construction sector. On the other hand, banks are sending increasing numbers of homes into Continue reading
-
What Can FHFA Learn from the Banks’ Big Mistakes?
The National Fair Housing Alliance’s report, The Banks Are Back, Our Neighborhoods Are Not: Discrimination in the Maintenance and Marketing of REO Properties has people talking over at the National Low Income Housing Coalition. It’s not just the report’s finding that bank or “real estate-owned” (REO) properties in white neighborhoods are much better maintained and Continue reading
-
Blameless
The foreclosure crisis has been devastating to homeowners and to communities. With the first waves of foreclosure, we saw families with subprime mortgages losing their homes. More and more, it’s long-term unemployment that is forcing homeowners into foreclosure. Less publicized in all of this has been the affect of foreclosure on renters. Landlords are defaulting Continue reading