The message informed the family of seven that they would soon be forced to leave 1045 Mistletoe Court, the Habitat for Humanity home built for them in 2008. The notice became reality on May 9, when Horry County sheriff's deputies evicted the family. Foreclosure News
Baltimore residents with modest incomes will have a chance this week to secure affordable mortgages from a national nonprofit that is offering a radical alternative for tenants who rely on federal subsidies to pay rent: It will allow them to use their government vouchers to own, rather than lease, their homes. The lending program is […]
ABA Journal Daily News
ABA Journal Daily News
Earlier this year, Forbes ranked Detroit's real estate market as the most undervalued in the nation. The report cited the city's low housing prices and the prospect of increased development as reasons for Detroit's recent real estate boom. Foreclosure News
ABA Journal Daily News
The financial health of community members has a strong impact on the overall economy of a city. According to FDIC, 1 in 4 families turn to fringe financial services for their daily needs because they are credit invisible, said Charlie Corrigan,Relationship Manager, JPMorgan Chase in Chicago. Foreclosure News
ABA Journal Daily News
The yearly effort to save thousands of Wayne County residents from losing their homes in the tax foreclosure auction is ramping up as a key deadline approaches, and a housing advocacy group is looking for volunteers to help go door-to-door to give Detroiters the information they need to keep a roof over their heads. The […]
A nonprofit representing low-income New Yorkers filed a lawsuit against the federal department of housing and urban development and private fund manager Lone Star Funds, alleging racial bias in their handling of foreclosures. The group, MFY Legal Services, claims that the authority's practice of selling delinquent mortgages to private investors disproportionately hurts black homeowners. Foreclosure […]