In almost every community in the U.S., it's clear that market-based housing is not affordable for the vast majority of people. Here are some radical alternative models that are-and that policymakers should consider as ways to make our cities and towns livable and equitable.
Dave Hughes of the Arkansas Democrat-Gazette reports that the First Western Bank of Booneville bought three properties of Sen. Jake Files, including his Fort Smith home, on Free Ferry Landing, at foreclosure sales today to satisfy unpaid loans of $ 2.1 million. The bank bid $ 2.048 million, Hughes reported. Foreclosure News
Access to capital is vital for the pursuit of happiness. The American Dream is founded on life goals like home ownership, which most of us could not achieve without access to consumer loans. Foreclosure News
More than half of new foreclosures in 2016 around the military post-Fort Hood were tied to Veterans Affairs home loans. The Killeen Daily Herald reports that about 67 percent of all new foreclosures in Bell County were tied to the zero-percent-down mortgages for qualified veterans and active-duty soldiers. Foreclosure News
Inns in Portland and Camden are scheduled for foreclosure auctions at the end of next month, but a co-owner of both inns said owners will file for bankruptcy to prevent the auctions from taking place. The Camden Harbour Inn, and its restaurant Natalie's, and the Portland-based Danforth Inn, and its restaurant Tempo Dulu, are up…
PRESENT: Larry Larson, Alford Novak, John Brown Jr., Danielle Polivka, Cheryl Saffold, Eugene Mach, Eddie Colbert, Dan Sferra, Helen Rucker and Council President James Graham. Foreclosure News
When Mike and Rita Hopper wanted to buy a Virginia rental property in 2013, they applied for a mortgage through a loan officer they'd been happy with before. This time, though, just days from closing, they almost walked away from the loan. Foreclosure News
