FEDSPEAK: A Qualitative Exploration of Affordability and Availability of Rental Housing

Federal Reserve Bank of Philadelphia Beyond the Numbers A Qualitative Exploration of Affordability and Availability of Rental Housing in the Third Federal Reserve District: 2015 Noelle Baldini Abstract In February 2015, the Community Development Studies & Education (CDS&E) Department of the Federal Reserve Bank of Philadelphia released a publication titled Affordability and Availability of Rental … Read more

Indiana Court of Appeals: Borrower, Not 1st Lien Holder, Entitled to 2nd Mortgage Foreclosure Surplus Funds

“Foreclosures must follow statutory procedures, including those related to the payment of sheriff’s sale surpluses. Patterson v. Grace, 661 N.E.2d 580, 586 (Ind. Ct. App. 1996). Although equity greatly influences foreclosure proceedings, trial courts are not free to deviate from clear statutory procedures, including those set forth in Indiana Code Section 32-30-10-14.” ~ COA: Woman, … Read more

Meet Nana I Am, The Mystery Man Behind a Bizarre Las Vegas Squatter Case

Meet Nana I Am, The Mystery Man Behind a Bizarre Las Vegas Squatter Case Editor’s Note: This is Part One of a two-part series. He sues all the time but never seems to win. He writes his name countless different ways. Accused squatters say he gave them keys to an abandoned, custom-built house and coached … Read more

The Financial Crisis was Caused by all the Homeowners Who Borrowed Irresponsibly

“The reality is responsible homeowners are not losing their homes; some may lose their houses because of a job loss, and some may chose to walk away, but very few truly responsible homeowners were endangered. The foreclosure crisis was caused by the irresponsible.” ~ Responsible homeowners did not lose their homes in foreclosure Many of … Read more

War Veteran Gets Free Legal Help to Fight Foreclosure

War Veteran Gets Free Legal Help to Fight Foreclosure The NBC 6 Responds team gets a lot of calls from people who need legal help but can’t afford an attorney so we went in search of agencies that provide legal assistance for free. There are a number of non-profit organizations that offer free legal assistance in … Read more

Recovery! Simon, WP Glimcher Each Lose Malls to Foreclosure; Kimco Mall Facing Similar Fate

Simon, WP Glimcher Each Lose Malls to Foreclosure; Kimco Mall Facing Similar Fate While the overall retail property sector appears to be strengthening, a handful of loans for lower-quality shopping centers and malls financed at the height of the previous CRE cycle are coming due now and proving to be a thorn in the side … Read more

New Foreclosure Buyback Program Seeks to Help Families Keep Their Homes

New Foreclosure Buyback Program Seeks to Help Families Keep Their Homes QUEENS — Dozens of families across the city, who were in danger of being foreclosed on may be able to keep their homes thanks to a new program — the first of its kind in the country — in which the city will buy back distressed … Read more

Wells Fargo to Start Robo-Advisery in 2017

Wells Fargo to Start Robo-Advisery in 2017 Robo-advisers typically offer investment advice online with little or no human contact| Wells plans to launch its service in first half of 2017, its chief operating officer said Wednesday ‘When you think about who would use robo-advising more often, you think about the millennials,’ he said Wells Fargo, … Read more