Friday, June 07, 2013
By Brian Wise
Foreclosure proceedings have started against the financially troubled Nashville Symphony Orchestra, which owes more than $80 million in debt related to the construction of its home.
Thursday, May 09, 2013
By Brigid Bergin : Reporter
William Easterling and his wife used to own 165 Forbell Street, a two-family home in Brooklyn on the border of Cypress Hills and Ozone Park. The couple raised their four kids there. But they haven’t lived there in almost 20 years.
Monday, April 15, 2013
ProPublica’s Paul Kiel explains how the government plans to compensate the 3.9 million homeowners who were victims of aggressive foreclosure policies. John Lurie discusses his career in television, film, art, and, of course, music. Nathaniel Rich talks about his new novel, Odds Against Tomorrow. And yesterday marked the tenth anniversary of the first complete mapping of the human genome, and we’ll talk to bioethicist Robert Klitzman about how the human genome sequence has changed medicine.
Wednesday, March 06, 2013
New York Governor Andrew Cuomo announced Wednesday that the state Department of Financial Services will launch a review to determine whether large, well-known banks are reneging on a promise to provide homeowners affected by Sandy mortgage relief. The state's move comes after WNYC reported on Staten Island Sandy victims facing threats of foreclosure.
Thursday, January 17, 2013
Housing industry analyst RealtyTrac released its 2012 Year-End Foreclosure Market Report today. In it is a bit of good news: There was a three percent drop in foreclosure filings in 2012 compared to 2011. So what can we expect for 2013? Daren Blomquist, president of RealtyTrac, explains what this year's report indicates for the future.
Friday, December 21, 2012
Whether we were stepping back to look at the big picture on housing foreclosures nationwide, or getting micro by visiting a 105-square foot studio apartment in the West Village, 2012 was a year of finding fresh angles for the news, and unexpected ways to tell you about it.
Wednesday, October 24, 2012
The New Jersey Assembly held hearings Wednesday on the Christie administration's programs to reduce foreclosures in the state. The hearings focused on $300 million in aid from the federal government that was intended to help homeowners facing foreclosure.
Monday, October 22, 2012
City council members and housing officials joined tenants and their advocates Monday outside an apartment building on 190th Street to protest the asking price for the foreclosed property. They claim the sale price is too high and will only result in another round of defaults.
Monday, April 30, 2012
Vicki Been, director of the Furman Center for Real Estate and Urban Policy at NYU, discusses the center's tenth annual State of New York City’s Housing and Neighborhoods report, including findings on diversity, foreclosure rates and property tax distribution.
Friday, March 23, 2012
By Tracey Samuelson : WHYY
Bank of America will allow a limited number of distressed or underwater homeowners in New York State to become renters of their own properties.
Thursday, February 09, 2012
A massive settlement has been reached between the government and five of the nation's biggest banks over foreclosure abuses and relief. Our partner The New York Times says the $ 26 billion deal will be doled out to 2 million homeowners. It's part of a broad national settlement aimed at halting the housing market's downward slide and holding banks accountable. Joining the program is Nelson Schwartz, business reporter with our partner, The Times.
Tuesday, February 07, 2012
Since early 2007, 4 million families have lost their homes to foreclosure. Only now have state officials around the country begun to finalize a multi-billion dollar settlement with the biggest mortgage-providing banks that engaged in abusive or misleading practices, like robo-signing. Some critics, including those who have already had their homes go underwater, worry that it may let the banks off too easily.
Wednesday, February 01, 2012
By Brigid Bergin : Reporter
City Council members approved a bill Wednesday that requires banks to notify the Department of Housing Preservation and Development (HPD) within 15 days of the start of foreclosure proceedings. Banks who fail comply face a fine of up to $1,000 each week until they complete the notification process.
Thursday, December 08, 2011
The impact of the Occupy Wall Street demonstrations around the country is difficult to see in raw numbers. But the way in which the national discourse has been moved, and how individual lives have been changed tells another compelling story of the movement's potential. The families in millions of households across the nation who are fighting to hold onto their homes against banks, authority, and the much reviled "1 percent" may have a powerful new ally. Occupy Our Homes, the latest incarnation of the OWS, is seizing foreclosed homes and claiming them for families in need.
Friday, December 02, 2011
Massachusetts Attorney General Martha Coakley has filed a suit against Bank of America, JP-Morgan Chase, Citigroup, Wells Fargo and GMAC Mortgage, accusing them of "unfair and deceptive business practices." She is seeking damages for borrowers who were hurt by these banks foreclosure practices, which range from filing fraudulent legal paperwork to the use of so-called "robo-signers" and refusing to follow lending laws.