Homeownership and the White-Black Wealth Gap
Mark Whitehouse writes editorials on global economics and finance for Bloomberg View. He covered economics for the Wall Street Journal and served as deputy bureau chief in London.
Mark Whitehouse writes editorials on global economics and finance for Bloomberg View. He covered economics for the Wall Street Journal and served as deputy bureau chief in London.
The foreclosure inventory, that is the percentage of loans in the process of foreclosure, appears to have stabilized at 0.6 percent of all outstanding first mortgage loans. CoreLogic said on Tuesday that that the inventory has been unchanged at that level , the lowest since June 2007, since last August . Foreclosure News
Lenders pursuing foreclosure of residential properties in California must satisfy the requirements of the California Homeowner Bill of Rights , set forth at Cal. Civ. Code Sections 2920, et seq . Foreclosure News
A Coto De Caza man who promised hundreds of homeowners that he would save their homes from foreclosure before bilking them out of more than $ 2 million pleaded guilty Friday to money laundering and fraud charges. Kevin Frank Rasher, 46, was sentenced to 12 years in prison after pleading guilty in Orange County Superior…
In its first year of home sponsorship, Dominium is providing $ 50,000 and 100 volunteers this month to support the building of a Habitat home in the Jordan neighborhood of north Minneapolis for a working-poor family that will invest sweat equity and qualify for a no-interest mortgage. In the fiscal year that ended in June,…
America's best and worst cities for first-time homebuyers, revealed: Grand Rapids, Michigan ranks best in the nation but San Jose is the worst – again Grand Rapids, Michigan is the best city in the nation for first-time homebuyers because it has a high share of Federal Housing Administration-insured loans that offer low down payment options…
In late September, activists staged actions in 45 cities to draw attention to predatory rent practices and vast cuts to Housing and Urban Development funding. “Renters Week of Action” was partially inspired by a report put out by the Right to the City Alliance highlighting solutions to the problems tenants now face after the foreclosure…