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Hud Houses Foreclosures News

Efforts to spare unemployed from foreclosure stall Sunday, June 5, 2011 @ 12:43AMThe Obama administration’s main program to keep distressed homeowners from falling into foreclosure has been aimed at those who took out subprime loans or other risky mortgages during the heady days of the housing boom. But these days, the primary cause of foreclosures is unemployment.
The tiny house movement and the upside to downsizing the American Dream Thursday, January 6, 2011 @ 9:21AMIn Small Is Beautiful, the ur-text of the movement, E.F. Schumacher wrote: 'The less toil there is, the more time and strength is left for artistic creativity.'
Fight foreclosure by avoiding avoidance Tuesday, January 4, 2011 @ 10:25PMA record number of homes slipped through people's hands in 2010 in La Salle County. There were 664 foreclosure actions filed last year, compared to 596 in 2009 and 608 the year before. Not all foreclosure cases lead
A quest for affordable housing Tuesday, November 23, 2010 @ 4:11PMA planned $122 million renovation of the iconic Riverside Plaza apartments in Minneapolis stands out as an attention-grabbing example of fixing up existing affordable housing in the Twin Cities.
Government Shifts Focus on Foreclosure-Gate Wednesday, October 20, 2010 @ 1:58PMHUD Secretary Shaun Donovan has been moving the conversation away from foreclosure fraud and back to the housing market.
Administration Shifts Focus on Foreclosure-Gate Wednesday, October 20, 2010 @ 10:59AMAs I suspected would happen, the Obama administration is changing the foreclosure conversation.
Obama Program Meant to Help Homeowners Actually Sends Many Into Foreclosure Wednesday, October 20, 2010 @ 9:03AMWhile thousands of people in other states have lost their homes in the national mortgage crisis, local politicians have touted Vermont’s relatively low foreclosure rate — 50th in the nation, according to RealtyTrac , a website that tracks state-by-state foreclosure rates. read more
Will Foreclosure-Gate Cost the Banks Billions? Monday, October 18, 2010 @ 8:28AMIn the past few weeks, state attorneys general and lawyers representing borrowers in danger of losing their homes have uncovered a number of dubious, potentially fraudulent practices
Robert Kuttner: Obama Calls the Question on Geithner Sunday, October 10, 2010 @ 7:45PMHousing prices are declining again, despite record low mortgage interest rates (available only to blue chip borrowers), which creates a serious drag on the economy. And the housing market won't return to normal until the mortgage mess is resolved. But the belated recognition that millions of mortgages are inadequately documented could be a blessing in disguise. It could force the administration ...
County HRA spends down home rehab dollars Thursday, September 9, 2010 @ 10:14AMThe Anoka County Housing and Redevelopment Authority (HRA) has spent almost all of the close to $6 million in federal dollars...
Foreclosure pace starts to slow Thursday, August 12, 2010 @ 1:49AMForeclosure activity remained high in July across Volusia and Flagler counties, but the pace slowed in the nation's 15th worst foreclosure market.
More Extend and Pretend: HUD Offers $1 Billion of Subprime Teaser Loans Wednesday, August 11, 2010 @ 3:45PMThe latest stunt from the Obama Administration on the housing front is a peculiar bit of theatrics at the margin. As Bloomberg reports: The Obama administration will offer $1 billion in zero-interest loans to help homeowners who’ve lost income avoid foreclosure as part of $3 billion in additional aid targeting economically distressed areas. The Department of [...]
Neighbors, Taxpayers Left With The Tab Friday, June 25, 2010 @ 10:13AMFrom his front porch, James Edwards could see that a fire had driven the tenants out of the house next door. He knew the building’s owners had fishy dealings with tenants. He didn’t know what the FBI said it found out—that an elaborate conspiracy involving prominent local people milked the property and left the government with the bill.
Teachers, Public Servants Eligible For Half-Off Houses Tuesday, June 15, 2010 @ 4:55PM"Good Neighbor Next Door" is a federal program that gives qualifying public servants 50 percent discounts when it buying certain homes.
Stimulus pumps money for housing Tuesday, April 27, 2010 @ 11:12PMMore than $2.3 million in federal stimulus money was funneled through the city Tuesday night as City Council members voted to help alleviate housing woes in Chattanooga's worst neighborhoods.
West Street location start of 13-house effort Thursday, April 1, 2010 @ 2:12AMNew London - As state and local dignitaries arrived at a two-family house on West Street Wednesday for a showing of the first of 13 buildings that are being rehabilitated with federal stimulus money,
Richmond Heights to address foreclosed homes issue with federal money Thursday, March 11, 2010 @ 7:16AMThe federal Neighborhood Stabilization Program has given the city a $500,000 grant to buy, rehab and/or demolish foreclosed homes here, and city officials say they are now ready to start as early as this month.
Disaster assistance announced for storm victims Wednesday, February 17, 2010 @ 8:41AMHUD will speed federal disaster assistance to 24 counties in Arkansas and provide support to homeowners and low-income renters forced from their homes by severe storms and flooding during the period of December 23 to January 2, it was announced by U.S. Housing and Urban Development Secretary Shaun Donovan.
FEMA, HUD provide disaster assistance for Ark. storm victims Thursday, February 4, 2010 @ 2:51PMOn Thursday, President Barack Obama declared a major disaster exists in the state of Arkansas and ordered federal aid to supplement state and local recovery efforts in the area struck by severe storms and flooding during the period of Dec. 23, 2009, to Jan. 2, 2010.
Disaster Help for Arkansas Storm Victims Thursday, February 4, 2010 @ 2:22PMU.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to 24 counties in Arkansas and provide support to homeowners and low-income renters forced from their homes by severe storms and flooding during the period of December 23rd to January 2nd.
A second chance for foreclosed homes: A look at Minneapolis and St. Paul’s Neighborhood Stabilization funding Thursday, February 4, 2010 @ 8:42AMMinneapolis and St. Paul’s most blighted neighborhoods are getting a second shot of federal funding to continue shoring up their housing stocks, from rehabbing or demolishing vacant houses to buying and reselling foreclosed residential properties.
City getting $23.2 million to revitalize neighborhoods Friday, January 15, 2010 @ 3:33AMColumbus officials learned yesterday they'll get $23.2 million in federal neighborhood-stabilization money to help areas struggling with foreclosures and vacant housing. The city had asked for $64.8 million, but Mayor Michael B. Coleman said he knew the feds would send less.
Twin Cities to get $37M to revitalize neighborhoods Thursday, January 14, 2010 @ 4:10PMFederal grants of $37 million will go toward revitalizing Twin Cities neighborhoods ravaged by foreclosures.
DELAWARE: State receives $10 million to help hard-hit neighborhoods Thursday, January 14, 2010 @ 1:50PMDOVER – Delaware State Housing Authority (DSHA) will receive $10 million in federal stimulus funds to spur economic development in hard-hit communities. The U.S. Housing and Urban Development (HUD) announced the grant for Delaware’s Neighborhood Stabilization Program (NSP) today.
Surprise program matches houses, buyers Wednesday, December 23, 2009 @ 12:40PMHomebuyers matched with a house through Surprise's Neighborhood Stabilization Program.
Program aims to stop blight before it starts Tuesday, December 22, 2009 @ 6:02PMKaren Hess grew anxious when the tenants moved out of the rowhouse two doors down from her family's home more than a year ago.
Stimulus heats up: Fed funds help finance weatherization projects Tuesday, December 15, 2009 @ 10:39AMDonna Helton said that before crews finished work on her home north of Joplin, she had to cover up with a throw when she was watching television in her living room during the winter.
Foreclosure Protection for Arkansas Storm Victims Monday, December 7, 2009 @ 3:07PMU.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to counties in Arkansas and provide support to homeowners and low-income renters forced from their homes following severe storms, tornadoes, and flooding.
Program stabilizes neighborhoods, raises home values Tuesday, October 6, 2009 @ 11:07PMGot an eye for a rundown home's potential but not quite the bankroll to fund it? Let the government help.
Information on flood victim assistance Saturday, September 26, 2009 @ 12:04AM1. Disaster Unemployment Assistance: MARIETTA - Cobb workers may be able to apply for federal Disaster Unemployment Assistance as a result of the severe storms and flooding. The announcement was ma...
Despite national controversy, Dallas ACORN office stays focused on mission Friday, September 25, 2009 @ 10:38PMThe Dallas office of ACORN has definitely felt the heat over the latest controversy pushing the organization into the national spotlight.
Foreclosure protection offered for N. Georgia storm victims Friday, September 25, 2009 @ 5:13PMWASHINGTON - U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to seven counties in Georgia and provide support to homeowners and low-income renters forced from their homes following severe storms and flooding.
International Forecaster September 2009 (#7) - Gold, Silver, Economy + More Wednesday, September 23, 2009 @ 12:43PMThe following are some snippets from the most recent issue of the International Forecaster. For the full 28 page issue, please see subscription information below.
Low Expectations For New Loan Help Program Monday, September 21, 2009 @ 8:05AMThe Obama administration's effort to help homeowners with loans insured by the Federal Housing Administration will assist about 45,000.
City seeks $3.6M for problem properties’ | By Scott Rochat © 2009 Longmont Times-Call Monday, September 21, 2009 @ 7:18AMLONGMONT – Longmont is chasing $3.6 million in federal stimulus money to buy and repair problem properties that have sat on the market unsold.
Expectations low for new loan help program Sunday, September 20, 2009 @ 6:11AMLast month, the Obama administration launched a program to help homeowners with loans insured by the Federal Housing Administration. About 850,000 FHA borrowers are behind on their payments or in foreclosure, yet the program will assist just 45,000.
Resources to Help You Check Spending on Neighborhood Stabilization Projects Wednesday, September 16, 2009 @ 11:16PMMy friend Nancy Amons, investigative reporter at WSMV-TV in Nashville, Tenn., recently dropped me a note to tell me about a story idea that "Al's Morning Meeting" readers in every state can localize.
Tomorrow’s News Now for Tuesday Monday, September 14, 2009 @ 1:09PM[Your user agent does not support frames or is currently configured not to display frames. However, you may visit this page to see the comments associated with this story.]
Why Alt Media Beat the MSM to the Mortgage Crisis Monday, September 14, 2009 @ 10:17AMOver recent months, The Audit and CJR have investigated how it was that business reporters failed to see the crisis in the mortgage and credit markets as it brewed and bubbled, even when evidence of its unsustainability was plain to see for those who chose to look.
Accident kills 21-year-old man on Neosho outskirts Sunday, September 6, 2009 @ 12:24AMNewton County authorities are investigating the death of a Goodman man who was struck by a train Friday night. Authorities say the 21-year-old was walking along train tracks south of the Neosho airport and was wearing earphones at the time.
Habitat could receive $1.1M Tuesday, September 1, 2009 @ 2:22AMThe Fort Hood Area Habitat for Humanity is reviewing a contract proposed by the state that will give the nonprofit organization $1.1 million to buy and renovate foreclosed homes in Central Texas.
ACORN holds foreclosure event Thursday, August 27, 2009 @ 2:18AMThe national foreclosure crisis found a face in Pierce County on Wednesday as two homeowners detailed their own struggles during an event aimed at highlighting the issue.
Homeless people, housing crisis drive Jefferson Parish to seek $10 million for five neighborhoods Thursday, August 13, 2009 @ 11:17AMFederal dollars would target Fat City in Metairie, Harvey, Lincolnshire in Terrytown and Walkerton in West Jefferson
Maywood takes lead on stopping foreclosures Thursday, August 6, 2009 @ 5:03AMMaywood is at the core of six west Cook County villages that have formed the West Suburban Housing Collaborative to fight foreclosures. Bellwood, Berwyn, Broadview and Forest Park make up the rest of the communities involved with Oak Park and Maywood in the effort to access funding from the Neighborhood Stabilization Program to acquire and redevelop foreclosed properties.
New-Home Sales: A Tale of Two Markets Monday, July 27, 2009 @ 4:35PMNew-home sales numbers are out. But there's two ways to look at the data.
Home buyers have options in foreclosure-filled market Sunday, July 26, 2009 @ 12:19AMAbout 2,000 foreclosures a month have been filed in Lee County in recent months, giving Lee a consistent spot among the nation's top five major...
Infusion of federal money aims to stabilize Tarrant County neighborhoods devastated by foreclosures Saturday, July 25, 2009 @ 12:55AMSonia Green plans to buy a home, courtesy of up to $25,000 in almost-no-strings-attached cash from federal funds handed out by Fort Worth.
New rehabilitation projects slated for Lapeer Habitat Saturday, July 11, 2009 @ 11:24PMLAPEER -- Two houses in Lapeer County will once again become homes thanks to Lapeer County's Habitat for Humanity.
City still hopes for housing grant Saturday, July 11, 2009 @ 6:03AMCity officials learned recently Richmond will not receive the first round of federal housing money for home rehabilitation in the Vaile neighborhood.
Housing bust hits downtown Concord, Kannapolis Thursday, July 9, 2009 @ 2:00AMThe highest concentration of foreclosures in Cabarrus County can be found near downtown Concord and Kannapolis, according to statistics from the U.S. Department of Housing and Urban Development.