A recent American Banker article speculated about financial system weaknesses that might lead to the next economic crisis. Some of the issues on the list, like student debt, seem unlikely to lead to a crisis but are more likely to re-emerge as a serious problem for the financial sector once an economic downturn occurs. Foreclosure […]
Catholic Charities staff have proven they're some of the best in the nation to help residents navigate the home buying process. Recently the Chemung and Schuyler County chapters' counselors received their HUD certification –a national requirement by the U.S. Department of Housing and Urban Development. Foreclosure News
Activists argue Maryland faces another housing crisis unless the state clamps down on hedge funds turning a profit buying distressed mortgages and foreclosing on homes. Advocates, including the Consumer Law Center and the Maryland Consumer Rights Coalition, accuse several hedge funds of purchasing Maryland home loans, not servicing the loans, and aggressively pursuing foreclosures in […]
The report, which was produced by the Metropolitan Housing Coalition and University of Louisville's Center for Environmental Policy Management, examines nine housing indicators that are tracked to assess annual progress on fair housing and affordable housing opportunities in the 13-county Louisville metropolitan area, which includes five counties in southern Indiana. The findings in the report […]
The recovery from the housing market collapse a decade ago was slow, particularly in Florida, which was labeled king of the foreclosure market in the aftermath. Florida was leading the nation in foreclosures in the early 2010s and Jacksonville and several other major Florida cities consistently ranked in the top 10 in the nation for […]
ABA Journal Daily News
From rising prices to the new tax law, economists say there are a number of conditions contributing to a slowdown in the US housing market. But there may also be a less tangible factor at play: uncertainty. Foreclosure News
More investor purchases, fewer young homeowners and the threat of foreclosures are just a few of the factors affecting the city's housing market, according to the Center for NYC Neighborhoods' October report. In the post-crisis period, the number of homes purchased by investors annually has doubled, eating into the options available for prospective homeowners, the […]
The Marin Housing Authority recently avoided having to spend $ 564,000 to buy back two below-market rate homes it oversees in the county. In August, the housing agency requested and received permission from the Marin County Board of Supervisors, which serves as its board, to repurchase a home at 6 Presidio Court in Corte Madera […]
The U.S. Department of Housing and Urban Development awarded $ 1,283,280 in housing counseling grants Oct. 10 to help hundreds of households find housing, make more informed housing choices, or keep their current homes. Last year, 41,746 New Jerseyans accessed HUD-approved housing counseling services, that include: new homebuyer and pre-purchase workshops and counseling; homelessness assistance […]