Streams

 

 

Foreclosure

The Takeaway

Top of the Hour: Foreclosures Killing Neighborhoods, Morning Headlines

Thursday, December 16, 2010

As foreclosures continue around the country, neighborhoods — and the important social fabric they create in communities — are taking a hit. 

Comment

WNYC News

Consumers Shed $1 Trillion of Debt From 2008 Peak

Monday, November 08, 2010

WNYC

Consumer debt continued to fall in the third quarter, but at a slower pace than previous quarters.

Comment

WNYC News

Courts Increase New York Foreclosure Requirements

Wednesday, October 20, 2010

Lawyers handling foreclosures in New York state must now sign a form verifying all documents in the proceeding are accurate. The new rule, issued by Chief Judge Jonathan Lippman, comes as mortgage lenders are under scrutiny for taking short cuts while processing hundreds of thousands of foreclosures.

Comment

It's A Free Country ®

Pop + Politics: Breaking Through Foreclosure Crisis by Breaking In

Monday, October 18, 2010

As part of its coverage of the stories and characters behind the midterm election debates, WNYC partner Pop+Politics looks at the foreclosure crisis in Florida. In this video, we meet Max Rameau of the group Take Back the Land. He locates vacant, foreclosed homes and "resettles" them with families in need of affordable housing.

Comment

The Brian Lehrer Show

Foreclosure Freeze

Friday, October 15, 2010

Josh Zinner, co-director of NEDAP, the Neighborhood Economic Development Advocacy Project, and WNYC business and economics editor Charlie Herman reflect on the foreclosure freeze of many large banks nationwide and what that freeze is doing to the New York housing market.

Comments [3]

The Takeaway

Banks Feeling the Heat on Foreclosure Problems

Friday, October 15, 2010

Shares of financial companies dropped yesterday on concerns about how reviews of home-foreclosure practices will affect their balance sheets. Louise Story, Wall Street and finance reporter for our partner, The New York Times, has been looking at analyses of how hard the blow may be for banks, and how long it might last.

Comments [1]

The Takeaway

When Did You Stand Up to Your Bank, Phone Company, Landlord?

Tuesday, October 12, 2010

Some home owners are putting a halt to their foreclosures by pointing to flaws in the bank's paperwork. It's even leading to some backs putting a moratorium on all their foreclosure proceedings. We're asking about the times you stood up to institutions like this. When have you faced off with your bank, your phone company, your cable provider? What happened?

Read More

Comments [5]

The Takeaway

Surge in Landlords Causes Problems for Tenants

Tuesday, October 12, 2010

There’s so much focus put on homeowners and the problems they're facing in our current economic climate, but what about all the renters out there? There’s been a 10 percent increase in renters in the past five years according to the Census Bureau, and a whole new world of problems as landlords face the threat of foreclosure and instability. What are these issues? And what are a renter’s current rights?

Comment

The Washington Report

WQXR's The Washington Report

Monday, October 11, 2010

Kerry Nolan and NYT correspondent David Sanger talk about a new call for a moratorium on foreclosures.  Also, they discuss why the National Security Advisor is being replaced so quickly.

The Takeaway

This Week's Agenda: Debates; Foreclosures and Economic Indicators

Monday, October 11, 2010

Every Monday, we take a look at the big stories in the week ahead. This week's Agenda, covers foreclosures, midterm elections, calls for UN peace keepers in  Sudan and the Nobel Prize in Economics.

Comment

The Takeaway

JPMorgan Chase Suspends Thousands of Foreclosures

Friday, October 01, 2010

JP Morgan Chase has suspended the legal proceedings around 50,000 foreclosures because the documents involved may have been processed incorrectly.

Overwhelmed by the housing crisis, mortgage companies hired employees to process foreclosure documents as quickly as possible, without ever reading, reviewing or verifying the cases before them. The process is called "robo-signing," and it accounts for an alarming number of seized homes. By some reports, these hired clerks were approving ten thousand foreclosures a month—some of them in error.

Comment

WNYC News

Foreclosed Homes Equal Nearly a Quarter of National Home Sales

Thursday, September 30, 2010

Home buyers and speculators continue to scoop up foreclosed homes at discount prices, according to a new report. In New York, just over 7 percent of sold homes were in some stage of foreclosure, at prices 16 percent below average sales prices.

Comments [1]

It's A Free Blog

Stucknation: A Personal Perspective on Foreclosure Families

Monday, September 20, 2010

Two years after the start of the Great Recession, the collateral damage continues to mount. Formerly middle class families continue to fall into the abyss of dispossesion and poverty, with their children in tow. Through no fault of their own, they will be handicapped by this economic chaos as they try to take their place in the world. It's a story I know well, going back to my family's own foreclosure when I was growing up.  

Read More

Comments [1]

WNYC News

HUD Announces New Round of Foreclosure Relief

Wednesday, September 08, 2010

New York, New Jersey and Connecticut are among the recipients of a new round of federal funding aimed at helping with the housing foreclosure crisis.

Comment

The Takeaway

Will You Rent or Buy?

Tuesday, August 10, 2010

During the past two years, we’ve heard over and over again that there’s a silver lining to our housing crisis: Now that home prices have dropped, buying property has suddenly become much more affordable.

Prices are low, negotiation opportunities are high, and interest rates are their lowest since the 1950s. But is buying really the right thing for you? Or is renting financially wiser?

What information are you looking for for as you make decisions about your house or apartment? And if you're renting, what would it take you to buy? Tell us what you're waiting for to decide and we'll make it part of the discussion.

Comments [3]

Azi Paybarah

The Lede: Sherr-Una Booker

Thursday, July 22, 2010

WNYC

The Times says Glenn Beck was right to criticize the Obama administration's handling of the case of Shirley Sherrod, a former Georgia USDA.

The woman at the center of the abuse case that crippled Governor Paterson’s administration speaks out and says she’ll re-file charges against former aide David Johnson.

The scandal timeline.

Andrew Cuomo crushes Rick Lazio, 58-27, according to pollster Rasmusssen.

 

Read More

Comment

WQXR News

Foreclosure Filings Fall in May

Thursday, June 10, 2010

For the second month in a row, the number of homeowners receiving a foreclosure filing fell compared to the previous month.

Comment

WQXR News

April Foreclosure Rates Down 9 Percent

Thursday, May 13, 2010

But even as foreclosure rates dipped, bank repossessions of properties rose last month.

Comment

The Takeaway

Reviewing 2009's Year in Housing

Thursday, December 31, 2009

This year, the housing market dropped like a stone before slowing and gaining, somewhat. But how much longer until Americans feel ready to buy? We talk with housing expert Robert Shiller, co-creator of the Case-Shiller home-price index, to review 2009's housing downs and ups.

Comment

WQXR News

US Holds onto Citigroup Shares

Thursday, December 17, 2009

The U.S. Department of the Treasury has temporarily backed out of plans to sell its 34 percent stake in Citigroup Inc. due to a tepid response by investors to a massive stock offer.

Comment