User: demo Topic: Housing
Category: Foreclosure Impacts on Renters
Last updated: Sep 14 2014 03:50 IST RSS 2.0
 
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His St. Paul hotel swindle reveals long history of deception 14.9.2014 Twincities.com: News

Doctor. Firefighter. Venture capitalist. Investment banker with the Royal Bank of Scotland.

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FHA is urged to reform loan sale program 11.9.2014 LA Times: Business
A program designed to help prop up the Federal Housing Administration is short-changing borrowers and neighborhoods hard-hit by foreclosures, community groups said as they took to the streets to push for changes.
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Andrew Garfield fights to save his home in Venice Film Festival drama '99 Homes' 29.8.2014 Star Tribune: World
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'99 Homes' brings US subprime crisis to Venice 29.8.2014 AP Business
VENICE, Italy (AP) -- Florida's realtors and tourism authorities will probably not be using "99 Homes" in their promotional material....
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How the recession changed the landscape for office, retail and industrial 17.8.2014 Twincities.com: Business

Talk of the most recent recession and recovery has centered largely on residential real estate. The recovery has been fitful at best, both broadly and within the housing market.

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Disabled veteran evicted from West Seattle home again 16.8.2014 Seattle Times: Local
The Associated Press
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Housing foreclosures still profitable for investors 15.8.2014 Seattle Times: Business & Technology
While still smaller when compared to the heyday of the mortgage-backed securities market before the financial crisis, demand is expected to grow as institutional investors search for yield and analysts estimate that there are still billions worth of delinquent mortgages in the U.S.
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Disabled veteran evicted from Seattle home 15.8.2014 AP Washington
SEATTLE (AP) -- The King County sheriff's office says deputies have evicted a disabled Vietnam War veteran from a West Seattle home he lost in foreclosure....
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Apartment repossession law has offered no bite 14.8.2014 Chicago Tribune: Nation
Almost 11 months after an ordinance took effect to protect tenants in foreclosed, repossessed rental buildings within Chicago, no enforcement tickets have been issued or fines assessed against building ...
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These 7 Charts Show Why the Rent Is Too Damn High 7.8.2014 Mother Jones
More Americans than ever before are unable to afford rent. Here's a look at why the rent is too damn high and what can be done about it. Part of the problem has to do with simple supply and demand. Millions of Americans lost their homes during the foreclosure crisis, and many of those folks flooded into the rental market. In 2004, 31 percent of US households were renters, according to HUD. Today that number is 35 percent. "With more people trying to get into same number of units you get an incredible pressure on prices," says Shaun Donavan, the former secretary of housing and urban development for the Obama administration. It's not just working-class folks who have been pushed into the rental market. More middle-class Americans are renting too. Alongside the foreclosure crisis, the financial collapse and ensuing recession jacked up unemployment and squeezed incomes . Check out how rental costs compare to renter incomes over the past quarter century: Republicans, in an effort to shore up what they say is ...
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West Side neighbors rally behind woman, 85, being evicted 3.8.2014 Chicago Tribune: Nation
For almost half a century, Alice Polk has lived in the tidy two-story house on Chicago's West Side. Longtime residents call her a neighborhood staple, a woman who raised her family here and always looked out for the community's ...
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Not exactly 'Golden Girls,' but seniors use home-share agencies to find roommates, save money 23.7.2014 Star Tribune: Business
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Seniors use roommate-finding agencies to cut costs 23.7.2014 AP Top News
NEW YORK (AP) -- It's not exactly "The Golden Girls," but for Marcia Rosenfeld, it'll do....
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Lee Schafer: High rents reflect shift in living patterns 23.7.2014 Star Tribune: Business
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Daily Digest: Runner recounts close encounter with lightning strike, plus 9 more stories 16.7.2014 Headlines: All Headlines
Your daily resource for late-breaking news, upcoming events, the Denver weather forecast, Denver traffic information, and the stories that will be talked about today, Wednesday, July 16, 2014.
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Citigroup Settlement Offers Former Homeowners 'Cold Comfort' 15.7.2014 NPR News
The Justice Department's settlement with Citigroup offers $2.5 billion for "consumer relief." Critics say it will do nothing for those hurt most by the foreclosure crisis: people who lost their homes.
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Citigroup Agrees To Pay $7B To Resolve Mortgage Investigation 14.7.2014 NPR News
The deal frees Citi from potential liability for collateralized debt obligations as well as mortgage-backed securities issued, structured or underwritten by the company between 2003 and 2008.
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Good news, bad news in foreclosure activity 27.6.2014 Chicago Tribune: Real Estate
In the For Crying Out Loud Department, we have yet another reason the housing market is straining to reach normalcy: there aren't enough ...
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Lew announces expanded housing support 27.6.2014 Salt Lake Tribune
Washington • The Obama administration is extending for another year a program aimed at helping people struggling to avoid foreclosure on their homes, Treasury Secretary Jacob Lew said Thursday. He said the administration is also expanding an effort to increase access to affordable rental housing. In addition, it is launching an effort to revive the portion of the mortgage market backed by private industry. “Families and neighborhoods across the country continue to recover from the financial cris...
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Treasury Secretary Lew announces expanded efforts to assist struggling homeowners and renters 27.6.2014 Star Tribune: Politics
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