AltWeeklies Wire
Seattle's Foreclosure Vulturesnew
A crashing housing market is just another profit opportunity for some scavengers.
Seattle Weekly |
Nina Shapiro |
11-17-2008 |
Economy
Dirty Secrets of the Real Estate Collapsenew
There's lots of blame going around for this economic crisis. How we got here was simple: too much credit and too much debt for too many years. But why are hard-working people, many Hispanic, losing their houses?
Reno News & Review |
Madeline Zook |
11-07-2008 |
Housing & Development
Advocates Worry About Landlord Foreclosures' Impact on Tenantsnew
The Pennsylvania statute governing tenants' rights during landlord foreclosure or a tax sale is a tricky little block of legalese.
Pittsburgh City Paper |
Adam Fleming |
10-28-2008 |
Housing & Development
The American Dream's $700 Billion Price Tagnew
The most important lesson of the country's recent financial turmoil has gone untaught: The United States might be better off financially, economically, and socially if it were more like San Francisco and were a nation of renters.
A Foreclosure Shell Game in Baltimorenew
Seven neighbors, 11 foreclosures, and more than a million dollars' profit in one neighborhood.
Baltimore City Paper |
Edward Ericson Jr. |
10-07-2008 |
Economy
Homeowners Are Being Unfairly Faulted for Wall Street's Greednew
Those nasty subprime borrowers, the financial class bellows, how could they have done this to us? While the catalyst for our present debacle may have been housing loans, they in no way were the cause.
East Bay Express |
Jay Youngdahl |
10-01-2008 |
Economy
Don't Let the Weasels in the Stock Market Doornew
I'm not really surprised when the managers of large corporations do something dishonest. But I'm surprised when they do dumb things against their own self-interest.
C-Ville Weekly |
Al Crabb |
10-01-2008 |
Economy
Obama's Mortgage Plan Has Already Been Tried and Defeated in Congressnew
Obama's proposed legislation would allow judges to adjust the mortgage terms of homeowners who are in bankruptcy, so they'd have a better chance of saving their homes from foreclosure. But such legislation was considered by the Senate in April, and defeated. Both Arkansas senators voted against it. Both say there's a good chance they'd do so again, even if the bill had Obama's backing, and even though they're both Democrats and supporting Obama for president.
Arkansas Times |
Doug Smith |
09-25-2008 |
Economy
Facing Foreclosure? Con Man Paul Noe II Has a Deal for Younew
A few months ago, Dustanto Lopez got a phone call from someone offering him a tempting, if screwy, deal with a company called United First, Inc. that would supposedly help postpone foreclosure proceedings. What Lopez didn't know was that the president, secretary, treasurer, and director of that recently registered Nevada shell company was a con man.
Save People, Not Bankers
Bailouts go to bankers. Why not help homeowners facing foreclosure instead?
Deutsche Bank Lets Kansas City Rotnew
Deutsche Bank is the largest owner of foreclosed properties in Greater Kansas City. In Jackson County, the bank holds titles to 350 foreclosures. Some of their properties are sickly enough to depress an entire block.
The Pitch |
David Martin |
08-26-2008 |
Housing & Development
The Foreclosure Crisis Meets Homelessness in the Nevada Desertnew
By matching homeowners who have empty houses with homeless folks who need shelter, Calvin Leslie feels he's doing Las Vegas a service while making himself a little money. Some neighbors disagree.
Las Vegas Weekly |
Tovin Lapan |
08-22-2008 |
Housing & Development
Have Foreclosures Pacified Minneapolis' Most Dangerous 'Hoods?new
Murder rates are down and sketchy spots are seeing crime overall dip. Could it be because there are simply fewer people to commit crime or be victimized by it?
City Pages (Twin Cities) |
Bradley Campbell |
08-06-2008 |
Crime & Justice
Rampant Foreclosures Have Torn the Very Fabric of Northeast Ohionew
In this young century, we've focused our collective attention elsewhere while market forces battered the vulnerable like a hurricane. And the subprime mortgage explosion was the economic Katrina; Northeast Ohio the Gulf Coast.
Cleveland Free Times |
Dan Harkins |
07-09-2008 |
Economy
Think the Housing Crisis Was Bad? You Ain't Seen Nothing Yetnew
While many eyes are focusing on the housing meltdown and its hugely negative effect on an economy clearly moving into recession, few are paying attention to the next bubble expected to burst: credit cards.
Los Angeles CityBeat |
Danny Schechter |
06-27-2008 |
Economy
