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.
SF Weekly  |  Matt Smith  |  10-09-2008  |  Economy

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

Democratic Party Suit Aims to Balk Alleged GOP Vote Challenges in Michigannew

Michigan Republicans may be deriding as false a story claiming they planned to use lists of foreclosed homes to keep some from casting their votes on Election Day, but the Barack Obama presidential campaign and the Democratic National Committee aren't taking any chances.
Metro Times  |  Staff  |  09-30-2008  |  Politics

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.
SF Weekly  |  Matt Smith  |  09-24-2008  |  Economy

Does the Michigan GOP Plan to Use Foreclosure Data as a Weapon?new

Allegations have surfaced that the head of the Macomb County Republican Party had disclosed plans to use lists of foreclosed homes as a way to keep some voters from casting ballots in the upcoming presidential election. But the Macomb GOP Chairman says his quotes were fabricated. What's really going on?
Metro Times  |  Staff  |  09-23-2008  |  Politics

Save People, Not Bankers

Bailouts go to bankers. Why not help homeowners facing foreclosure instead?
Maui Time  |  Ted Rall  |  09-23-2008  |  Economy

Charles R. Morris on the Madness of Bankersnew

Millions of words have been written about the ongoing financial disaster largely caused by the subprime mortgage mess. But the most concise and easiest to understand handbook on the issue is almost certainly Charles R. Morris' The Trillion Dollar Meltdown.
The Texas Observer  |  Robert Bryce  |  08-27-2008  |  Author Profiles & Interviews

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

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