As hate crimes grow more violent, here are some policy recommendations to protect the communities they impact
ABA Journal Daily News
Rebuild Communities opens new community center
Thursday was a big day for the Henderson-based nonprofit Rebuild Communities. Not only did it have the grand opening for its new community center and hold a community cookout, but the organization reached the first major milestone in its journey to address housing problems in Henderson and issues connected to housing. Foreclosure News
Governor Cuomo Announces 172 Distressed Mortgages Purchased In High Foreclosure Communities
February 7, 2018 – Governor Andrew M. Cuomo today announced the state's Community Restoration Fund has purchased 172 mortgages in a strategic effort to bring owners in targeted communities out of foreclosure and keep the homes from abandonment. The Community Restoration Fund has helped strengthen the financial position of homeowners, bringing stability back to the […]
Killing zombies a good way to improve communities
Zombies, in this case, are zombie properties – vacant and abandoned homes that are not maintained during prolonged foreclosure proceedings. They can become cancers in otherwise decent neighborhoods and end up costing taxpayers plenty. Foreclosure News
Criticized OneWesta s parent company investing in low-income communities
The parent company of highly criticized Pasadena-based OneWest Bank will spend a recent $ 2.5 million equity investment on low-income and distressed communities, CIT Bank, N.A. announced. CIT's investment in the Clearinghouse Community Development Financial Institution marks the largest such investment in Clearinghouse's 20-year history. Foreclosure News
Deporting the American Dream: Ejecting Illegals Drives Foreclosures in Latino Communities
Media note: Please find a high-definition video interview with Matthew Hall, a graphic summarizing his findings, as well as a copy of his paper “Deporting the American Dream: Immigration Enforcement and Latino Foreclosures,” at https://cornell.box.com/v/DeportingTheAmericanDream Newswise – ITHACA, N.Y. – Early in his presidential campaign, Donald Trump said he would deport all of the estimated […]
Housing groups sue Fannie Mae over foreclosed properties in communities of color
APRIL 06: A foreclosure sign hangs on a fence in front of a foreclosed home on April 6, 2011 in Richmond, California. A new lawsuit by a coalition of housing groups alleges that Fannie Mae did not adequately market or upkeep the properties, which led to increased blight, crime and low home values. Foreclosure News
Condominiums in crisis: Financial troubles put many communities at risk
The shutdown swimming pool at the Grand Bel II condominium complex, where there is no money to operate it. For five summers, a tarp has covered the swimming pool at Grand Bel II, a condominium community in Silver Spring that has no money for lifeguards, chemicals or insurance. Foreclosure News
Zombie home communities to receive NY state grants
State Attorney General Eric T. Schneiderman on Thursday announced a new grant initiative to battle “zombie” homes, which have gone into foreclosure and been abandoned by their owners. Such houses often become dangerous eyesores attracting garbage, rodents and squatters. Foreclosure News
Delaware AG: Spend Settlement Funds in Low-Income Communities
Attorney General Matt Denn is calling on lawmakers to use $ 29 million in settlements from banks to help low-income communities in Delaware. Denn announced his proposal Wednesday for the remaining funds received from Bank of America and Citigroup to resolve allegations that market misconduct contributed to the financial crash in 2008. Foreclosure News