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Underwater Homeowners

Hands Up. Don't Foreclose.

Jorge Newbery | Posted 04.10.2015 | Impact
Jorge Newbery

We need to focus on keeping families in their homes, providing children stability, and restoring trust and respect between families and banks, law enforcement, and our government. "Hands Up. Don't Foreclose."

Bank Of America Deal A Victory For New York Families

Eric T. Schneiderman | Posted 10.21.2014 | Politics
Eric T. Schneiderman

This settlement sends a strong message that banks that prey on customers and investors will be held accountable. I will continue to investigate financial institutions that bend the rules for their own benefit, and pursue equal justice for all New York families.

Zach Carter

Larry Summers Just Contradicted Tim Geithner On Obama's Foreclosure Mess | Zach Carter | Posted 06.10.2014 | Politics

Larry Summers and Timothy Geithner are clearly not on the same page about that foreclosure crisis they inherited in 2009. The two former Obama admi...

What You Didn't Know About Forgiven Mortgage Debt

Toni Haber | Posted 06.10.2014 | New York
Toni Haber

On December 31, 2013, the tax exemption for mortgage debt forgiveness expired, leaving financially struggling homeowners with a big return to file.

California City Backs Controversial Plan To Help Underwater Borrowers

Reuters | Posted 09.11.2013 | Business

RICHMOND, Calif, Sept 11 (Reuters) - Richmond, California's leaders approved on Wednesday morning a plan for the city to become the first in the natio...

'Dump DeMarco' Housing Protestors Interrupt (and Get Evicted From) House Hearing

Tracy Van Slyke | Posted 05.20.2013 | Politics
Tracy Van Slyke

Ed DeMarco's continued ideological opposition to principal reduction -- also known as resetting mortgages to fair market value -- has made him widely known one of the biggest obstacles to our country's economic progress.

Eleazar David Melendez

City Weighs Dramatic Foreclosure Crisis Solution | Eleazar David Melendez | Posted 01.15.2013 | Business

In a move that’s pitting grassroots housing activists against Wall Street interests, the City Council of Brockton, Mass., decided this week to commi...

President Obama: Your Second Term Is Your Second Chance to Get Housing Right

Tracy Van Slyke | Posted 01.07.2013 | Politics
Tracy Van Slyke

President Obama, take this second chance to get it right on housing and use your mandate to help the millions of underwater homeowners across this country.

Not Your Grandma's Eminent Domain -- This Time, It Could Be Used to KEEP Grandma in Her House

Richard Alarcón | Posted 12.12.2012 | Los Angeles
Richard Alarcón

Historically, eminent domain has been used to force people out of their homes, but what if we could use eminent domain to keep families in their homes?

Housing Crisis Barely Gets A Mention In First Presidential Debate

The Huffington Post | Alexander Eichler | Posted 10.04.2012 | Politics

The housing market received a largely hands-off treatment from both candidates during Wednesday’s presidential debate, with only a couple of minutes...

The Real Debate Loser: The Voters

Tracy Van Slyke | Posted 12.04.2012 | Politics
Tracy Van Slyke

Wednesday's night debacle of a debate hurt on many levels, not just because of of the failures of moderator Jim Lehrer, but because of our presidential candidates. I don't care who the pundits say won the debate, because in the end, the sad fact is that the American people lost.

PHOTOS: Scenes From The American Housing Crisis

The Huffington Post | Posted 10.03.2012 | Business

The housing market remains in poor health, with more than 15 million homeowners owing more on their mortgages than their property is worth. As policym...

HuffPost Editors Talk Underwater Borrowers: 'This Is Still Your Fight' [VIDEO]

Posted 10.02.2012 | Business

The Huffington Post on Monday launched a new project to allow readers from around the country to tell stories about their neighborhoods. The new se...

Peter S. Goodman

Too Underwater To Vote | Peter S. Goodman | Posted 09.25.2012 | Business

DENVER -- The house across the street was the first on her block to go dark. The woman who had lived there for years -- a registered nurse with a soli...

Homeowners Tell Top White House Officials: Bold Solutions Now

Tracy Van Slyke | Posted 11.17.2012 | Politics
Tracy Van Slyke

We are looking to the candidates who wish to be our nation's next president to tell us, the American people, how they are going to fix the housing crisis and restore our economy. It's time they speak out.

Getting to Know Underwater Homeowners

Dr. Stan Humphries | Posted 10.27.2012 | Business
Dr. Stan Humphries

According to the second quarter 2012 Zillow Negative Equity Report, 30.9 percent of homeowners are underwater, owing a combined $1.15 trillion more than their homes are worth.

Underwater Voters Take Aim at Obama and Romney over Housing Crisis

Tracy Van Slyke | Posted 10.22.2012 | Politics
Tracy Van Slyke

Less than 80 days away from the 2012 presidential election, we face a unique moment in time. We have an opportunity to stand up for underwater homeowners across America -- and in so doing, fix the housing crisis and save the economy.

WATCH: John Cusack, Arianna Talk Foreclosure Crisis Fix

Posted 10.25.2012 | Business

John Cusack, the actor famous for roles in "Say Anything..." and "High Fidelity," joined Arianna Huffington on HuffPostLive Monday to discuss an innov...

Underwater Homeowners Still Drowning as FHFA Again Says No to Principal Reductions

Anna Cuevas | Posted 10.03.2012 | Money
Anna Cuevas

Edward J. DeMarco, the head of the Federal Housing Finance Agency (FHFA), has announced that Fannie Mae and Freddie Mac will not offer principal reductions as an option to prevent foreclosures on the loans they guarantee.

Lose Your House, Gain a Landlord

Lita Smith-Mines | Posted 10.25.2012 | New York
Lita Smith-Mines

Recently, a landlord looking to engage my services proclaimed that after 15 years of examining and analyzing track records, he'd thrown away the desirable tenant selection playbook.

Towns Mull Creative Way To Get Out From Under The Housing Crisis

The Huffington Post | Alexander Eichler | Posted 10.25.2012 | Business

In a sign of desperate times, some California city officials may be using some drastic measures to help the glut of struggling borrowers. In Cali...

One Firm's Controversial Plan To Fix The Housing Crisis

Reuters | Posted 10.25.2012 | Business

* Mortgage firm is pushing private-funded emiment domain * Mortgage Resolution Partners targets underwater mortgages * F...

Ben Hallman

California Lawmakers Say Housing Group Cares More About Banks Than Homeowners | Ben Hallman | Posted 05.30.2012 | Business

The Federal Housing Finance Agency is well on its way to a remarkable achievement: proving less popular, among housing groups, than even the banks who...

One In Three Homeowners Owes Bank More Than Home Is Worth: Study

Loren Berlin | Posted 10.25.2012 | Money

If you're looking for good news about the housing market, you're going to have to wait awhile longer, as new research continues to paint a grim pictur...

Clock Ticks for DeMarco

Gordon Whitman | Posted 05.21.2012 | Business
Gordon Whitman

Ed DeMarco is overdue on his promise to tell whether he will reverse his stubborn opposition to principal reduction -- a practice that allows underwater homeowners to refinance their mortgages at the real value of their homes.