Category: News Clips

Anticipating a done-deal, government prosecutors are expanding an offer to banks to drop charges in exchange for billions of dollars…

As desperate families jostle for position in lines for public housing, Congress slashes federal housing programs by $3.8 billion. The…

Tuesday Report, Dec. 27, 2011 Special to the Texas Low Income Housing Information Service Corruption in the nation’s banking industry…

Tuesday Report, Nov. 1, 2011 Special to the Texas Low Income Housing Information Service As retribution for sleazy mortgage deals,…

Tuesday Report, Oct. 4, 2011 Special to the Texas Low Income Housing Information Service The federal program to rescue “underwater”…

Mortgage defaults soar as bankers bear down on marginal borrowers. The 33 percent spike comes as Bank of America loses…

Economists present mixed views of the housing industry with some saying it will get worse before it gets better and…

In order to increase the value of occupied houses, banks are now financing the demolition of some that aren’t. In…

Depressed home sales nationwide signal that the end of the recession is nowhere near. Record low interest rates at 3.75…

Stale sales in the housing industry continue to spook builders as potential buyers are increasingly squeezed-out by the general economic…

As Congress finally acts, analysts are still pouring over the impacts of the debt-ceiling package — but a general belt-tightening…

As the clock ticks down on dealing with the nation’s debt ceiling, nervous investors speculate on impact the political resolution…

Mortgage companies are finding that sleazy habits are hard to break as robo-signings continue. Federal regulators have seen no change…

Tuesday Report, July 12, 2011 Special to the Texas Low Income Housing Information Service More corporate sleaze oozed into the…

Tuesday Report, July 5, 2011 Special to the Texas Low Income Housing Information Service Two big banks are now taking…

Fannie Mae and Freddie Mac undergo more scrutiny as it is discovered that almost 100 possible foreclosure fraud cases were…

Tuesday Report, June 21, 2011 Special to the Texas Low Income Housing Information Service As more doom and gloom stories…

Tuesday Report, June 14, 2011 Special to the Texas Low Income Housing Information Service Mortgage lenders are whining at new…

Tuesday Report, June 7, 2011 Special to the Texas Low Income Housing Information Service Government efforts to help distressed homeowners…

Tuesday Report, May 31, 2011 Special to the Texas Low Income Housing Information Service Home prices continue to freefall as…

Tuesday Report, May 24, 2011 Special to the Texas Low Income Housing Information Service In Texas, Galveston disaster recovery continues…

Tuesday Report, May 17, 2011 Special to the Texas Low Income Housing Information Service Groundbreakings for new residential units dropped…