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Vacant Houses

"Unfinished Foreclosures" Hinder Housing Recovery

Jorge Newbery | Posted 11.22.2016 | Impact
Jorge Newbery

"When I got the offer, I actually cried. When my lender called and said they were willing to work with me, I made up my mind that whatever I needed t...

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.

Passing the Zombie Kill Bill Is a No-Brainer

Eric T. Schneiderman | Posted 08.04.2014 | New York
Eric T. Schneiderman

From the Bronx to Buffalo, cities and towns in New York have been plagued by what are commonly called zombie properties. These are homes that residents abandon -- often after they have received a foreclosure notice -- which then languish, uncared-for, until the foreclosure process is complete.

Heart Bombs 2014: Five Events that Showed Historic Places the Love

National Trust for Historic Preservation | Posted 04.22.2014 | Arts
National Trust for Historic Preservation

Written by Julia Rocchi Heart bombing the Sattler Theatre in Buffalo Heart bombing: an idea born of love, affection, and untold amounts of con...

Struggling Chicago-area Homeowners Still Need Help, Despite Some Positive Signs

Dory Rand | Posted 10.16.2013 | Chicago
Dory Rand

It's too soon to break out the champagne. It seems unlikely that the foreclosure crisis over when more than a third of Chicago region homes are underwater and unemployment remains persistently high.

Completed Chicago Area Foreclosure Skyrocket in 2012

Dory Rand | Posted 04.10.2013 | Chicago
Dory Rand

The vast majority of foreclosed properties that reach auction do not sell and therefore become lender-owned, or real estate owned (REO). REO properties cause several problems for the neighborhoods and cities in which they are located.

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...

Voters In One Town Want Banks To Pay Big Time For Neglecting Foreclosed Homes

The Huffington Post | Alexander Eichler | Posted 05.12.2012 | Business

If San Diego voters had their way, banks would be paying out, big time. Seventy percent of San Diegans who responded to an opinion poll conducted l...

Taxpayers Spend Staggering Amount To Keep Foreclosed Homes Looking Nice

The Huffington Post | Alexander Eichler | Posted 04.11.2012 | Business

The foreclosure crisis is costing you money. How much, exactly, depends on a number of factors -- whether you own a house, what your property is wo...

Ending Land Speculation That Drives Blight: Change the System, Change the Players

Dan Kildee | Posted 05.08.2012 | Business
Dan Kildee

If we are going to make progress in stabilizing neighborhoods and rebuilding the housing market, we cannot allow reckless and often willfully irresponsible speculation to continue.

The Chicago Region's Vacant Property Problem: A Data Snapshot

Dory Rand | Posted 03.25.2012 | Chicago
Dory Rand

Just how serious is the vacant property problem in the Chicago region? A look at the data can give us a sense of the scope of the challenges our communities face.

Feds Defend Mortgage Giants In Suit Against Chicago

The Huffington Post | Jen Sabella | Posted 12.15.2011 | Chicago

This summer, residents and community organizers called on Chicago's City Council to do something about the vacant, foreclosed properties that were bec...

Vacant Homes Impose Big Costs On Cities: GAO Report

The Huffington Post | Alexander Eichler | Posted 12.06.2011 | Business

The foreclosure crisis is costing cities at a time when they can least afford it. Millions of homes in America are standing vacant, and in many ca...

As Foreclosures Drive Prices Down, Officials Grasp For Solutions

Posted 12.21.2011 | Business

As the housing market continues to weigh on the economic recovery, politicians are debating the best way to clear a glut of foreclosed properties off ...

Can Emanuel Plan Help Chicago Communities Torn Apart By Foreclosures?

Posted 10.17.2011 | Chicago

A new recovery program will rely on community groups to identify viable foreclosed properties in nine Chicago neighborhoods hard-hit by the foreclosur...

Will Guzzardi

'Banks Got Bailed Out, We Got Sold Out' | Will Guzzardi | Posted 10.10.2011 | Chicago

Marsha Godard is an outspoken, 52-year-old woman from the Lawndale neighborhood on Chicago's West Side and a customer at Bank of America. On the morni...

PHOTOS: Detroit Street Taken Over By Shoes

AP/The Huffington Post | By MIKE HOUSEHOLDER | Posted 06.08.2011 | Arts

DETROIT -- Tyree Guyton is best known for transforming a deteriorating Detroit neighborhood into a colorful, outdoor polka-dotted art gallery. Twen...

Thousands of Servicer Walkaways, Unregistered Vacant Homes May Be Costing Chicago $36M

Dory Rand | Posted 05.25.2011 | Chicago
Dory Rand

The top mortgage servicers and trustees associated with the likely abandoned foreclosures in Chicago include Bank of America, Wells Fargo, U.S. Bank, Deutsche Bank, and JP Morgan Chase.

Detroit: Banks Responsible For Maintenance Of Foreclosed Homes

The Huffington Post | Julian Hattem | Posted 05.25.2011 | Business

As part of the Huffington Post's efforts to bear witness to the effects of the current economic environment on ordinary Americans, we're rounding up s...