We need stronger rent controls now
We all know the story of how Wall Street crashed the economy. They forced hundreds of thousands of families into foreclosure with subprime loans and balloon payments that made mortgages impossible to pay back.
We all know the story of how Wall Street crashed the economy. They forced hundreds of thousands of families into foreclosure with subprime loans and balloon payments that made mortgages impossible to pay back.
Chicago Teachers Union Vice President Jesse Sharkey issued the following statement today in response to the Supreme Court's Janus decision: Today we will see neoliberal Democratic Party political bosses like Rahm Emanuel shaking their fist at this decision, acting as if they have not been bi-partisan partners in the erosion of workers' rights, co-conspirators in…
When the Great Recession hit, the unemployment rate in Modesto, Calif., hit a staggering 17.5%. The city, which was known for its agricultural industry and for being the home of Gallo Winery, the largest exporter of California wines, had the third highest foreclosure rate in the country in 2010 . Foreclosure News
As the cost of housing rises, young adults may be reconsidering their ability to afford children, a Zillow report says There are a number of factors economists examine to determine the current and future health of the housing market, such as available inventory, home price growth and foreclosure rates. But there are other, seemingly unrelated…
There have been three recessions since the 1990s, including the Great Recession, which took place from 2007 and 2009 and lasted about a year and a half. Earlier, a recession took place in 1990 thanks to growing inflation and debt, followed by the Iraqi invasion of Kuwait, which exacerbated oil prices. Foreclosure News
Karim Akil, 50, also known as Scott Kinney, was sentenced Wednesday for conspiring to commit mortgage fraud and money laundering, according to a news release from the Department of Justice. Court documents show Akil conspired with others to fraudulently purchase 18 properties in the Northern and Eastern districts of California. Foreclosure News
Before getting the green light to develop a hotel in Marina, Harvey Dadwal tried hotel projects at other sites, including Lightfighter Drive. Before getting the green light to develop a hotel in Marina, Harvey Dadwal tried hotel projects at other sites, including Lightfighter Drive. Foreclosure News