Now these big real estate companies think they're going to make megabucks scooping up and renting out tens of thousands of foreclosed houses. Ha!
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.
If we're looking for an economic rising tide to carry all our boats, I don't see it locally just yet. I see the holes in leaking vessels being plugged, while those onboard are still carrying excess weight.
In a move that’s pitting grassroots housing activists against Wall Street interests, the City Council of Brockton, Mass., decided this week to commi...
Struggling homeowners can breathe a sigh of relief knowing that Congress has included an extension of Mortgage Forgiveness Debt Relief Act in an eleventh hour bill to avoid a possible fiscal cliff crisis.
An early litmus test of Barack Obama's willingness to push policies to help the middle class in his second term will be whether or not he gives Treasury Secretary Geithner the sack.
WASHINGTON -- Beginning on Jan. 1, people who lose their home to foreclosure will be required to pay federal taxes on any unpaid mortgage the bank can...
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.
By Cynthia Ramnarace Oct 22 (Reuters) - With $2 million in retirement assets and a stellar credit rating, Art Grossman...
Click on the "Percent Underwater" buttons at the topic of the graphic to navigate America's housing crisis: ...
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?
The housing market received a largely hands-off treatment from both candidates during Wednesday’s presidential debate, with only a couple of minutes...
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.
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...
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...
SACRAMENTO, Calif. -- Ask Vice Mayor Angelique Ashby what pushed her to this point -- the point at which she is openly considering using city authorit...
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...
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.
SAN BERNARDINO, Calif. -- This old railroad town in the heart of the Southern California foreclosure belt doesn't attract many visitors these days, es...
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.
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.
The time has long since arrived for Edward J. DeMarco to pursue his other opportunities in the private sector, whatever they may be. DeMarco, you may...
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.
Ever since the housing bubble collapsed, the Federal government has refused to take major initiatives to help underwater homeowners. As a result, we are likely to see close to one million foreclosures both this year and next, with the numbers only gradually slipping back to normal levels by the end of the decade.
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...
