Tag Archives: Housing Crisis

Resolving the Housing and Immigration Crises – Simultaneously

Two Birds – One StoneBy Sid Eschenbach / The Rag Blog / March 22, 2009 Arguably the two biggest, most urgent and most complicated problems facing the Obama administration are those related to the general meltdown of the financial structure, … finish reading Resolving the Housing and Immigration Crises – Simultaneously

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Like Jeffrey Dahmer Selling Body Parts to a Clinic

Jason Mesnick and his Bachelor’s harem. Photo source: Whitney Port.The Rant ListBy Gail Collins / March 4, 2009 I am having a tough time dealing with news that the former president of Countrywide Financial, the mortgage company that did so … finish reading Like Jeffrey Dahmer Selling Body Parts to a Clinic

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Acorn: Fighting the Banks to Counter Foreclosures

Jonathan Westin, an Acorn organizer, comforted Denise Parker, whose house was being foreclosed on, after she spoke at an Acorn training session in Brooklyn. Photo: James Estrin/The New York Times.A Bid to Link Arms Against EvictionBy Fernanda Santos / February … finish reading Acorn: Fighting the Banks to Counter Foreclosures

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Foreclosed On? Congresswoman Says: Stay and Fight

Rep. Marcy Kaptur, D-Ohio, wants those losing their homes to stay and fight. Photo by Rick Bowmer / AP.‘So I say to the American people, you be squatters in your own homes,’ said Congresswoman Kaptur before the House of Representatives. … finish reading Foreclosed On? Congresswoman Says: Stay and Fight

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FBI: ‘We Knew That the Mortgage-Brokerage Industry Was Corrupt.’

Bank repossession, foreclosure and for sale signs sit outside a foreclosed home in Houston. Two retired FBI officials asserted that the Bush administration was thoroughly briefed on the mortgage fraud crisis and its potential to cascade out of control, but … finish reading FBI: ‘We Knew That the Mortgage-Brokerage Industry Was Corrupt.’

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Housing Crisis: 8 Million Foreclosures in 4 Years

Foreclosures could top 8 million: Credit SuisseBy MarketWatch / December 9, 2008 BOSTON — More than 8 million mortgages could go into foreclosure in coming years in the wake of the credit meltdown as the economy worsens and the U.S. … finish reading Housing Crisis: 8 Million Foreclosures in 4 Years

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Bailout Plan : Activist Moves the Homeless into Foreclosed Homes

Marie Nadine Pierre and her baby, Nennon, are squatting in a foreclosured house in Florida. Photo by J. Pat Carter / AP‘”We’re matching homeless people with people-less homes,” he said with a grin.’December 1, 2008 MIAMI – Max Rameau delivers … finish reading Bailout Plan : Activist Moves the Homeless into Foreclosed Homes

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Foreclosure Chronicles : The Desperate Hours of Addie Polk

1918: Bathing suit parade, the year Addie Polk was born.1919: Race Riots in Chicago. 2008: Fannie Mae foreclosed on the home of Addie Polk; Annie Mae Polk put a gun to her chest.‘In 1970, Robert and Addie Polk bought a … finish reading Foreclosure Chronicles : The Desperate Hours of Addie Polk

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