Lets Hang Together or We Will Surely Hang Apart!
Foreclosed Homeowners Should Stay Put Says Congresswoman
If you’re poor and the bank is coming for your home, Congresswoman Marcy Kaptur has a plan for you.
Just squat, she says.
Yes, this Ohio Democrat is actually encouraging her financially distressed constituents whose homes have been foreclosed upon, to simply stay put.
In a Friday report, CNN’s Drew Griffin explored [...]
FDIC Chief, Says More Help is Needed to Prevent Foreclosures
NEW YORK (CNNMoney.com) — The nation’s top banking regulator warned Tuesday that help for troubled homeowners is failing to keep pace with the foreclosure crisis.
“We’re definitely behind the curve, and we fall further behind the curve every day,” FDIC Chairwoman Sheila Bair told an audience at [...]
When Will Home Prices Stop Falling?
The answer is critical to millions of American homeowners who are watching their home equity melt away or are unable to move because falling values have sent potential buyers to the sidelines.
In the latest evidence that prices are still sliding, the National Association of Realtors reported Thursday that the median [...]
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