“Make it right”: Coalition wants reparations for Detroit’s “unconstituional foreclosures”
The Bonnett family lost their home to property tax foreclosure in 2015. Nearly one in four Detroit properties was tax-foreclosed between 2011 and 2015.
The Bonnett family lost their home to property tax foreclosure in 2015. Nearly one in four Detroit properties was tax-foreclosed between 2011 and 2015.
A foreclosure auction of Arcadia Brewing Company, originally expected to happen as early as Thursday, Dec. 20, has been adjourned, according to certified court officer Karen Hencken, who handles mortgage foreclosures for Kalamazoo County. A mortgage foreclosure sale notice had been filed for the Kalamazoo location of Arcadia Brewing Co., 701 E. Michigan Avenue, stating…
The New Orleans housing market is strengthening, with home prices climbing in most neighborhoods and the number of vacant or blighted properties shrinking, according to a new analysis. New Orleans residents need on average to earn at least $ 19.15 per hour to rent a two-bedroom apartment in the city and live comfortably, a rep…
Samir Hanef sits in his car, which he bought back after it was repossessed, in Durham, N.C. Samir Hanef exited his Durham home late last year to find his 2010 Honda Civic missing. The police told the clinical social worker that the car was not stolen, as he thought, but repossessed. Foreclosure News
According to all the major literature on the matter, the likelihood of them keeping their houses once they went up for sale in the annual Wayne County Tax Auction was minuscule. While the auction was always a gamble, increased interest in recent years had caused a general uptick in final sale prices. Foreclosure News
Mortgage performance seems to be sliding past the metrics measuring the world prior to the 2008 housing crisis and is now setting new benchmarks for the 21st Century. Black Knight, in its first look at June loan data, says some indicators of loan distress are the lowest since the end of the dot.com recession. Foreclosure…
Protesters call on the Wayne County Treasurer to halt the auction until the problem of “illegal tax assessments” can be resolved. Protesters gathered in front of the Detroit home of Wayne County Treasurer Eric Sabree Thursday demanding he halt next week's tax foreclosure auction in light of a study showing the majority of Detroiters have…