Bahrani's earnest, didactic style is occasionally strident, his points
about the foreclosure crisis a little loud at times.
His work has gained much recognition over the past 10 years, including a Pulitzer Prize nomination for his project
about the foreclosure crisis in Florida, «It's Not a House, It's a Home.»
Not exact matches
If the true number of Imminently at - risk loans is somewhere between 13 and 15 million, the default and
foreclosure crisis is
about 60 % over.
I'd really like to be enthusiastic
about the announcement of a new federal investigatory task force looking at the
foreclosure crisis.
Some now talking
about high mandated down - payment requirements blame low - and middle - income families for triggering the devastating
foreclosure crisis that sent our national economy into a deep recession.
But since then, the Irish media (& in turn, certain politicians) have become increasingly hysterical
about foreclosures, evictions *, mortgage rates, and the general housing
crisis **.
Bloomberg News new recently published an article
about home
foreclosures continuing to soar even three years after this
foreclosure crisis began.
About 1 million borrowers who went through
foreclosure during the
crisis have already waited the required three years to be eligible for FHA home loans, and by early next year that number could rise to 1.5 million, according to estimates from Moody's Analytics.
From the beginning of the financial
crisis, there seemed to be a general consensus
about how to get housing back on track: Tighten qualifying standards so that only ready and able buyers could get a mortgage; modify delinquent mortgages when possible to avoid forcing people to sell or face
foreclosure; and, when modification fails or isn't possible, facilitate short sales.
Since September 2008 — the start of the financial
crisis —
about 4.4 million
foreclosures have been completed, CoreLogic's data shows.
«The
foreclosure crisis is no longer just
about mortgages,» says Detroit Mayor Kwame Kilpatrick.
Tackling the tough question
about «a
foreclosure crisis,» Parsons quickly countered the negative with positive statistics showing that that 96 percent of homeowners in Central Ohio were meeting their mortgage payments regularly.
FNC's report shows that
foreclosure price discounts, which compare a foreclosed home's estimated market value to its final sales price, have dropped to pre-mortgage
crisis levels at
about 12.2 percent in Q4 2012.
Where there used to be 200 properties up for auction at a time during the
foreclosure crisis, there are now
about 30 a week.
So the last thing China has to worry
about is a
foreclosure crisis like the US saw with high percentages of homes in negative equity.