User: demo Topic: Housing
Category: Foreclosure Impacts on Renters
Last updated: Apr 22 2017 23:43 IST RSS 2.0
 
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Scams push foreclosure fraud to limit, taking victims’ homes 22.4.2017 Seattle Times: Nation & World

NEW YORK (AP) — The phone call came as Raymond Murray neared the bottom of his luck. His wife had died, his career had been ended by injuries, and struggling to get by on his disability check, he had scraped together just enough to pay a lawyer to avoid imminent foreclosure on his modest Brooklyn […]
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Scams push foreclosure fraud to limit, taking victims' homes 22.4.2017 AP Top News
NEW YORK (AP) -- The phone call came as Raymond Murray neared the bottom of his luck. His wife had died, his career had been ended by injuries, and struggling to get by on his disability check, he had scraped together just enough to pay a lawyer to avoid imminent foreclosure on his modest Brooklyn home....
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The perfect flip 2.3.2017 Washington Post
The perfect flip
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Residents fault landlord for problems at Sayles Place 27.2.2017 Washington Post
Residents fault landlord for problems at Sayles Place
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Landlords are taking over the U.S. housing market 23.2.2017 Denver Post: News: Local
As rising home prices, slow new home construction, and demographic shifts push homeownership rates to 50-year lows, the U.S. is increasingly a country of renters -- and landlords.
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Dismantling Dodd-Frank -- And More 6.2.2017 American Prospect
This article appears in the Winter 2017 issue of The American Prospect magazine. Subscribe here .  History teaches us that financial regulations die from a thousand cuts rather than a signifying event. As Cornell University law professor Saule Omarova puts it, “Financial reform is like a big onion. The more layers you peel off, the harder you cry.” For example, by the time the Gramm-Leach-Bliley law removed the Glass-Steagall firewall between commercial and investment banks in 1999, that separation was already effectively wiped out—by administrative waivers granted by regulators. The 1994 Riegle-Neal Act that formally allowed banks to open branches across state lines came after a decade of states altering rules to undermine local control of finance. Deregulation of mortgage rules that led to the housing bubble rolled out over a 20-year period, spanning Carter, Reagan, Bush, and Clinton. And even then, it took the George W. Bush administration’s laissez-faire supervision to really supercharge predatory ...
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South Florida pair arrested in $17 million bank fraud scheme 26.1.2017 Seattle Times: Nation & World

HOLLYWOOD, Fla. (AP) — Authorities say two bank fraud suspects claimed to own $17 million worth of property in New York and Florida and then victimized tenants and residents there. Court documents show 63-year-old Issak Almaleh and 51-year-old Antoaneta Iotova were arrested Wednesday in Hollywood on charges of conspiracy to commit bank fraud, bank fraud, […]
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'Flip or Flop’: The phoenix-like rise and bizarre fall of HGTV's second-favorite couple 12.1.2017 Washington Post
'Flip or Flop’: The phoenix-like rise and bizarre fall of HGTV's second-favorite couple
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Trailer park purchase helps Pitkin County preserve affordable housing 23.12.2016 Denver Post: Local
Pitkin County's commissioners, who have been looking for ways to increase affordable housing options in the upper Roaring Fork Valley, agreed Wednesday to spend as much as $7.5 million to buy the Phillips Mobile Home Park in Old Snowmass.
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Cold front moves into Denver metro area; chance of snow on Christmas 21.12.2016 Denver Post: Local
Tuesday's spring-like temperatures won't last. As the sun rises Wednesday, temperatures will drop as a cold front moves in from the northwest, forecasters say.
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Hiring a board member as a vendor is not good business for an HOA 10.12.2016 LA Times: Commentary

Question: Our board has five members and the president of our homeowner association is a real estate salesperson. Her three friends are also on the board and voted to approve hiring the president to act as property manager of a foreclosed condo in our development that the association owns. Our...

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Trump voter lost her home to bank formerly run by new Treasury secretary 2.12.2016 Minnesota Public Radio: Business
Teena Colebrook had voted for the president-elect on the belief that he would knock the moneyed elites from their perch in Washington, D.C. And she knew Trump's pick for Treasury, Steven Mnuchin, all too well.
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Trump voter lost her home to new Treasury secretary 2.12.2016 Minnesota Public Radio: Law & Justice
Teena Colebrook had voted for the president-elect on the belief that he would knock the moneyed elites from their perch in Washington, D.C. And she knew Trump's pick for Treasury, Steven Mnuchin, all too well.
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Trump voter lost her home to new Treasury secretary 2.12.2016 Seattle Times: Top stories

WASHINGTON (AP) — When Donald Trump named his Treasury secretary, Teena Colebrook felt her heart sink. She had voted for the president-elect on the belief that he would knock the moneyed elites from their perch in Washington, D.C. And she knew Trump’s pick for Treasury_Steven Mnuchin_all too well. OneWest, a bank formerly owned by a […]
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Trump voter lost her home to new Treasury secretary 2.12.2016 AP Business
WASHINGTON (AP) -- When Donald Trump named his Treasury secretary, Teena Colebrook felt her heart sink....
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Steve Mnuchin: Evictor, Forecloser, and Our New Treasury Secretary 30.11.2016 American Prospect
AP Photo/Carolyn Kaster Steven Mnuchin, national finance chairman of President-elect Donald Trump's campaign, arrives at Trump Tower, Monday, November 21, 2016 in New York, to meet with President-elect Donald Trump.  Throughout his presidential campaign, Donald Trump criticized Wall Street bankers for their excessive political influence and attacked hedge-fund managers for getting away with “murder” under the current tax code. “The hedge-fund guys didn’t build this country,” Trump said on Face the Nation. “These are guys that shift paper around and they get lucky.” Now, however, Trump has tapped Steve Mnuchin, a 53-year-old Wall Street hedge-fund and banking mogul—and, since May, his campaign-finance chair—to be the nation’s secretary of the Treasury. Trump’s earlier rhetoric aside, it’s actually a good match. Both Trump and Mnuchin earned their first fortunes the old fashion way: They inherited them. Trump took over his father Fred’s real-estate empire and expanded it through questionable business ...
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Group aims to preserve affordable housing on gentrifying Northwest Side 12.11.2016 Chicago Tribune: Business
Four years ago, Gabriela Perez was a tenant living in a four-flat in foreclosure, worried her family would be tossed out on the street. Today, Perez and her children remain in the same — but now remodeled — two-bedroom apartment because a local community group, a mission-based developer and a ...
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Can New CEO Tim Sloan Fix Scandal-Plagued Wells Fargo’s Corporate Culture? 28.10.2016 American Prospect
AP Photo/Richard Drew Wells Fargo Senior Executive Vice President and Chief Financial Officer Timothy J. Sloan is interviewed on the floor of the New York Stock Exchange, Wednesday, November 13, 2013.  Scandal-plagued Wells Fargo’s recent selection of long-time bank insider Tim Sloan to replace John Stumpf as its CEO has done little to mollify critics, given Sloan’s central management role during more than a decade of consumer and community complaints. Sloan has largely escaped scrutiny during the thumping Wells Fargo has taken from Congress, the media, and bank reform activists for boosting its own stock price by secretly creating more than two million unauthorized checking and credit-card accounts. As lawmakers and state and federal regulators line up to investigate the bank following Stumpf’s resignation, Sloan now replaces him on the hot seat. Sloan’s role as a member of the bank’s inner circle at a time when Wells Fargo stood accused of reckless and discriminatory practices is sure to interest ...
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Trump Mega-Donor Geoff Palmer is Also LA’s Most Controversial Developer 19.9.2016 American Prospect
Los Angeles real estate developer Geoff Palmer has emerged as one of Donald Trump’s biggest sugar daddies. Well known in Los Angeles for his ostentatious luxury apartment complexes, as well as his opposition to affordable housing, Palmer contributed $2 million in June to the pro-Trump super PAC, Rebuilding America Now. Palmer and Trump have much in common. Both grew up in wealthy families. Trump’s father, Fred Trump, was a big-time developer of middle-class apartment complexes in New York. Palmer’s dad, Daniel Saxon Palmer , was a prominent Los Angeles architect who designed modernist tract homes for the region’s booming postwar suburbs. Both sons have family secrets that shaped their careers and their identities. The elder Trump was once arrested at a Ku Klux Klan rally in 1927. (He and Donald were later charged by the federal government for violating anti-discrimination laws for banning black tenants in his apartments). The elder Palmer was born Dan Weissinger in Hungary in 1920, but gave himself as ...
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Hot Property: Extended prime time 27.8.2016 LA Times: Commentary
Late August is typically not the best time of year to list your home. People wanting to get their kids settled in schools already have made their housing selections, realty agents traditionally head to the Riviera (or at least we like to imagine that's where they vacation) and sales slow. The hot...
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