Sentences with phrase «as the foreclosure crisis»

In the months that followed, as the foreclosure crisis continued to sweep through our state, I made it a top priority to close this loophole in the law.

As the foreclosure crisis threatens the financial stability and mobility of families across the country, it will be particularly devastating to African American and Latino families, who already lag behind their white counterparts in terms of income, wealth and educational attainment.

It is as aspirational as the foreclosure crisis was demoralizing.

Not exact matches

How much wealthy Americans contribute to their wonky economy, deeply shaken by the 2008 - 2009 financial crisis has become a salient topic in recent years, as failing banks, home foreclosures, and a shrinking middle class have dominated headlines while the super-rich get super richer.

Measures of negative equity have become a key component in crafting policies to address the foreclosure crisis, as these borrowers are twice as likely to be seriously delinquent or in default on their first - lien mortgage compared with positive equity borrowers.

We continue to be out of financials, in the belief that delinquencies and foreclosures are only presently entering the heavy season, that losses have not been taken, and that lending and liquidity will enter a second phase of crisis as capital ratios are compressed.

The case advances as foreclosures remain near record highs as a result of the 2008 financial crisis, which was set off by a collapse in subprime real estate financing.

But the Federal Reserve recently wrote a white paper advocating so called deed - for - lease programs as a way to help the housing market and alleviate the foreclosure crisis.

As horrible as my wife and I felt at the time, the pain of what that woman and so many others experienced during the height of the foreclosure crisis still felt distanAs horrible as my wife and I felt at the time, the pain of what that woman and so many others experienced during the height of the foreclosure crisis still felt distanas my wife and I felt at the time, the pain of what that woman and so many others experienced during the height of the foreclosure crisis still felt distant.

AG Eric Schneiderman applauds President Obama's replacement of Edward DeMarco, who served as acting director of the Federal Housing Finance Agency, but says more needs to be done to resolve the foreclosure crisis.

Huntley, who previously worked as the president of Community School Board 28, has focused a lot of her efforts in Albany on improving the schools in her district and helping residents with the foreclosure crisis.

It's a result of the foreclosure crisis which began seven years ago as the residential housing market crumbled.

In a press release on April 11, Schneiderman announced that $ 20 million of funds from settlements with Goldman Sachs and Morgan Stanley would be used «to provide local governments with innovative technology to address and transform problem properties — including homes and buildings that are blighted, poorly maintained, vacant, abandoned, and in financial distress — that fell into disrepair following the foreclosure crisis,» as part of a program called Cities for Responsible Investment and Strategic Enforcement, or Cities RISE.

But in the wake of the housing crisis, millions of families have a recent foreclosure on their record — and some are finding ways to buy a new home in as few as three years.

The area was hit hard by the foreclosure crisis, and today its littered, winding streets are pockmarked with boarded - up homes and corners that serve as makeshift memorials for victims of gun violence.

After the housing market collapse and subsequent foreclosure crisis, lenders are still skittish and unwilling to take on what they may see as unnecessary risk.

But buyers beware, as the worst foreclosure crisis since the Great Depression drags down the National economy, the government is making only limited progress this year on proposals for sweeping changes in the home mortgage industry and rates.

I have heard that the entire subprime market has suffered through a crisis and several lenders had to stop their business as they could cope up with the rising delinquencies and foreclosures.

«Subprime» loans, considered to be significant contributor to the foreclosure crisis, are now referred to as «nonprime» or «alternative» loans by some lenders to remove the stigma.

The foreclosure crisis was on the menu on Wednesday as President Obama served up a plan to help «at - risk» homeowners modify their mortgages.

But, as banks have tightened standards after the fallout from the foreclosure crisis, it's also harder than ever to get a loan.

The Pup Crawl was conceived as the first - ever nighttime dog parade over the Brooklyn Bridge, an event aimed at raising money to help the one million pets expected to lose their homes to the foreclosure crisis.

As part of a related design project, Bergdoll is also spearheading Foreclosed: Rehousing the American Dream, a workshop series devoted to the relationship between architecture, suburbanism and the foreclosure crisis.

It has to do with a sad byproduct of the foreclosure crisis — renters forced out of their homes as their landlords fail to make mortgage payments.

Among other things, the data shows that the five states hardest hit by the foreclosure crisis hold some other dubious distinctions as well.

«I can see the logic behind both sides, as HOAs need to remain solvent and the foreclosure crisis has hit many of them hard,» says Char Clark, the president of one Las Vegas HOA.

«When the market crashed, many families lost homes they owned during the foreclosure crisis, and now may not be able to afford to buy another as home prices rise,» Gudell says.

As U.S. foreclosures continue to rise — filings jumped nearly 30 percent in February from a year earlier, according to RealtyTrac — the NATIONAL ASSOCIATION OF REALTORS ® is seeking out new ways to address the crisis.;

As Wall Street's rental - home industry matures from its early days of frenzied homebuying after the foreclosure crisis, upstarts such as Promise are turning to cheaper houses that have largely been cast aside by big.As Wall Street's rental - home industry matures from its early days of frenzied homebuying after the foreclosure crisis, upstarts such as Promise are turning to cheaper houses that have largely been cast aside by big.as Promise are turning to cheaper houses that have largely been cast aside by big...

As our country begins to distance itself from the mortgage melt down and foreclosure crisis of the past several years there are many glaring statistics that point to stable growth in the years to come.

The causes of this shift include the foreclosure crisis, a slow labor market recovery from the Great Recession, tighter mortgage credit, limited supply of entry - level homes and long - term social changes such as delayed marriage and childbearing.

The number of California homes selling for $ 2 million or more, for example, reached an all - time high in 2013, as the state rebounded from the foreclosure crisis.

The firm's study also identified the markets in which boomerang buyers are likely to buy again, including cities that were hit hardest by the foreclosure crisis, such as Las Vegas, Fort Myers, Modesto, and Phoenix.

As we have discussed in detail in earlier posts (read them here), homeowners in Florida that have gone through the stress of a foreclosure or short sale and then believe that they are ready to begin a fresh start and to move forward from their financial crisis.

They cite the foreclosure crisis, an uncertain economy and fear of making a bad investment as influencing people to choose renting over buying.

After the foreclosure crisis started, some lenders opted not to report those balances as an incentive for homeowners to arrange short sales rather than let their homes go into foreclosure.

Julia Isaacs of the Brookings Institution calls these children the «invisible victims» of the foreclosure crisis, as foreclosures not only can cause emotional trauma, but also interfere with a child's educational development.

«The Administration is working hard to help all homeowners who have been hit hard during the crisis and, as this Regional Spotlight shows, our efforts have helped nearly 34,000 Cincinnati households to avoid foreclosure.

The study tracked people as they hit their 40th and 50th birthdays during the foreclosure crisis.

When home prices fell in the aftermath of the financial crisis, many of those securities drastically lost value as a soaring number of home owners faced foreclosure.

As - is listings: It's a term that started showing up frequently in listings during the housing crisis, and particularly in short sales and foreclosures.

The Administration's foreclosure mitigation programs are providing relief for millions of homeowners as we continue to recover from an unprecedented housing crisis.

This technique has some far - fetched assumptions baked in (such as finding banks that will take 60 cents on the dollar for performing notes, on the theory that the borrower MIGHT just stop paying on his underwater mortgage), but does at least attempt to exploit the crazy aspects of the current foreclosure crisis, so sure it's food for thought.

Some refer to «zombie titles» as a little - known horror in the fallout of the foreclosure crisis.

Other states hard - hit by the foreclosure crisis as well as high unemployment also were found to be difficult for homeless children, including Arizona, California, and Nevada.

The Dayton area's foreclosure crisis is evolving as more properties move from the control of banks and other lenders into the hands of buyers who are fixing up the homes, a month - long investigation by the Dayton Daily News showed.