You Searched For "foreclosure crisis" and got 20 results
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3 mins read
HUD is suspending evictions and foreclosures for people living on its properties amid the coronavirus pandemic
"People shouldn't lose or be forced out of their home because of the spread of COVID-19," Newsom sa…
Isaac Scher,Isaac Scher
9 mins read
What caused the Great Recession? Understanding the key factors that led to one of the worst economic downturns in US history
The Great Recession was caused by the collapse of the subprime mortgage market, which led to a cred…
Anne Field
2 mins read
Almost 10% of American households are at risk of losing housing during pandemic, according to new report
CFPB said that around 2.1 million families are at least three months late on mortgage payments, whi…
Azmi Haroun
2 mins read
Rents are skyrocketing in many of the small cities people fled to in 2020
Cities including New Orleans and Sacramento grew median rents by 18.2% and 11%, respectively, while…
Ayelet Sheffey
1 min read
Big Banks Wrongfully Foreclosed On More Than 700 Military Members During The Financial Crisis
This discovery was made when Bank of America, Citigroup, JPMorgan Chase and Wells Fargo had to look…
Julia La Roche
2 mins read
People With Bad Math Skills Are More Likely To Wind Up In Foreclosure
The researchers expected to find evidence that people with poor math skills would have a harder tim…
Mandi Woodruff
11 mins read
KEITH JUROW: The US Housing Recovery Is A Mirage And A Serious Delinquency Crisis Is Coming
Why is this so important? The different weighting given to paired sales causes the index figure to …
Keith Jurow
2 mins read
Roughly 5.4 million Americans will struggle to pay bills this month without the extra $600 weekly unemployment benefit, survey finds
"Without additional funding, millions of unemployed Americans are at risk of financial insolvency b…
Carmen Reinicke
4 mins read
The US's $600 unemployment boost expires today. Here's a list of 4 other programs set to end soon.
There are a number of further program expirations looming, including the end of support to airlines…
Carmen Reinicke
9 mins read
Congress' response to the 2008 financial crisis sparked a decade of inequality and resentment. The US is now repeating that mistake.
Experts say aid to individuals and small businesses has been slow to arrive, deepening the worst do…
Joseph Zeballos-Roig
1 min read
12 US housing markets getting rocked by foreclosures
"The widespread rise in foreclosure activity in the third quarter compared to a year ago is the res…
Bob Bryan
4 mins read
3 options for people struggling to pay their mortgage during the global health crisis
Disclosure: This post is brought to you by the Personal Finance Insider team. We occasionally highl…
Laura Grace Tarpley
1 min read
14 US Housing Markets Struggling With Foreclosures
"The biggest threat from foreclosures going forward is properties that have been lingering in the f…
Mamta Badkar
1 min read
JPMorgan's Jamie Dimon says the coronavirus crisis is a 'wake-up call' to tackle economic inequality
The bank chief detailed measures JPMorgan is taking to help struggling clients, such as delaying pa…
Saloni Sardana
2 mins read
New Jersey Is The Only State Where Foreclosures Continue To Rise
We previously talked about New Jersey taking over the top spot for the state with the most delinque…
Mamta Badkar
3 mins read
'This is the seventh time I've asked': Republican senator grills Trump Treasury pick over foreclosure profits
He continued: "I asked you when you were in my office, and I had my staff to follow up on it, three…
Maxwell Tani
1 min read
The Number Of US Homes Lost To Foreclosure Fell 20%
Completed foreclosures in the U.S. fell 20% year-over-year to 55,000 in June, according to CoreLogi…
Mamta Badkar
3 mins read
The Program Meant To Save Underwater Homeowners Has Failing At An 'Alarming Rate'
“Each time we have contacted [our servicer] via the phone numbers they have given us. Each time the…
Mandi Woodruff
2 mins read
Elizabeth Warren tore into Bloomberg at the Democratic debate for linking the end of a discriminatory housing practice to the 2008 financial crisis
"And then Congress got involved - local elected officials, as well - and said, 'Oh that's not fair,…
Joseph Zeballos-Roig
1 min read
Foreclosure Inventory Is Down 37% From A Year Ago - But The News Isn't All Good
"The pace of completed foreclosures slowed in May compared to last month but I expect this to be a …