AltWeeklies Wire
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
Can Philly's Bold Experiment in Preventing Foreclosures Work?new
With the foreclosure crisis in full swing, Judge C. Darnell Jones issued an order declaring that before any foreclosure goes to sale, a representative for the lender must sit down with the borrower in court. He also postponed all sales of owner-occupied houses scheduled for April or May until July. The order immediately drew national attention, and last week, the experiment began.
Philadelphia City Paper |
Isaiah Thompson |
06-24-2008 |
Housing & Development
Proposed Foreclosure Moratorium Bill in Michigan Recalls 1930s Legislationnew
You know things are getting bad when legislators start drafting new bills modeled on laws originally enacted as a way to help people survive the Great Depression. But that's the spot we're now finding ourselves in when it comes to the issue of home foreclosures.
Metro Times |
Staff |
06-10-2008 |
Economy
Foreclosure Rage is On the Risenew
The evicted residents who destroy their own house before they leave are rarely prosecuted. As attorney David Winterton explains, "The people who trashed the house don't have money anyway, so if someone were to sue them and get a judgment, they wouldn't be able to collect."
Las Vegas Weekly |
Jennifer Grafiada |
05-02-2008 |
Housing & Development
Foreclosure Pets: Household Animals Get Left Behind When Owners Are Pushed Outnew
"Generally, the people that leave the pets don't care enough to call us," says the public relations director for the Houston Humane Society. "Oftentimes we'll see a bag of dog food ripped open. They'll leave a bag of dog food and say a prayer and good luck. It's really upsetting."
Houston Press |
Paul Knight |
04-29-2008 |
Animal Issues
Cleaning Up Foreclosed Homes After the Mortgage Crisisnew
Junk haulers expand their business in the wake of evictees leaving behind houses in terrible condition.
Houston Press |
Paul Knight |
04-29-2008 |
Business & Labor
Monterey County Foreclosures on the Risenew
If the pace continues, the number of foreclosures in the county this year will hit close to 4,000; last year the total was 1,568. "This is unprecedented," says Lou Solton, county treasurer and tax collector for 23 years. "There have been other downturns in the real estate market but never this pronounced and not this lengthy."
Monterey County Weekly |
Zachary Stahl |
04-17-2008 |
Economy
Washington Cracks Down on Foreclosure 'Rescue' Schemesnew
The state's new law establishes a five-day opt-out period if the homeowner smells a scam; it requires that the homeowner be able to afford all the terms and receive 82 percent of the fair market value if the house is sold.
Seattle Weekly |
Jesse Froehling |
04-07-2008 |
Economy
Caught Up in a Mortgage Servicing Swindlenew
How two sisters fell victim to a national mortgage scam, and how it could happen again.
New Haven Advocate |
Betsy Yagla |
03-25-2008 |
Economy
Anatomy of a Foreclosurenew
Besides the borrower, there are four entities involved in loan-making: lenders, brokers, investors and servicing companies.
Real Estate Was a Great Racket ... Until the Lawsuits Started Piling Upnew
While young real estate dealers were enjoying the high life, their investors were headed toward foreclosures.
City Pages (Twin Cities) |
Jeff Severns Guntzel |
02-14-2008 |
Economy
Oregon Leaders Offer Little Help to Mortgage Crisis Victimsnew
The state's powerful Democrats have ignored a mortgage bill that state Sen. Ben Westlund is putting together with three consumer advocacy groups -- AARP Oregon, OSPIRG and Our Oregon.
Willamette Week |
Nigel Jaquiss |
01-16-2008 |
Housing & Development
Mortgage 'Rescuers' Are Often Scammersnew
A new bill in Wisconsin would crack down on fraudulent helpers.
Shepherd Express |
Dennis A. Shook |
10-23-2007 |
Economy
