People of color have historically faced systemic obstacles in access to homeownership, yet so many have still persevered to secure…
Tag: Home foreclosure
Texas Housers sends governor, statewide officials housing recommendations to support Texans amid COVID-19 crisis
Communities across Texas continue to grapple with widespread effects of COVID-19. The virus has upended community gatherings, closed schools, restaurants…
Proposed Texas constitutional amendment on home equity loans is “wolf in sheep’s clothing”
Texas dodged the worst of the foreclosure crisis that tanked much of the national economy a decade ago, thanks in…
$141M in Texas foreclosure settlement funds should be used to prevent more foreclosures
The Obama Administration and Texas Attorney General Greg Abbott announced last week a $26 billion foreclosure settlement between the five biggest…
Poll: Most think government should help homeowners in trouble
A new CBS News/ New York Times poll shows: Most Americans think home ownership is an important part of the…
Doggett on Foreclosures-“Well, the market didn’t really work, did it?”
Quote of the Day- “Well, the market didn’t really work, did it? And why should we be so wedded to…
Thoughts on the Washington Post Investigation of the HOME Program
5/20 update: HUD has posted a more detailed response to the WP article that includes an re-analysis of the entire…
Emergency Homeowners Loan Program (EHLP) in Texas
EHLP Program Introduction: The 2010 Financial Reform Bill (Dodd-Frank Wall Street Reform and Consumer Protection Act) funds up to $50,000…
NSP1-A Deadline Looms
Last week HUD announced the details of their enforcement of the 18-month deadline for obligation of the first round of…
Rich are defaulting on mortgages at a higher rate
While lots of criticism from some TV commentators has been heaped on lower-income homeowners who lost their homes to foreclosure,…
Administration proposes changes to Neighborhood Stabilization Program, including additional funding
In a press release Tuesday the Obama administration discussed plans to reallocate funds from the first round of the Neighborhood…
10 percent of Texans are behind in their home loan payments
Each one of the yellow squares represents a judicial mandated sale of property in San Antonio and Bexar County. Scary,…
To protect lenders task force censuring advice given to Texas homeowners facing foreclosure
Texas consumer housing advocate and attorney Robert Doggett is on a tirade. Not against the usual predatory lenders or slumlords…
Brownsville CDC director discusses recent changes in border low-income housing and colonias
Homebuyers buying new houses through a CDC in Brownsville, Texas have an average income of $19,000. Low-income border families, who…
Doggett/Henneberger diavolg on consumer protection legislation for mortgage borrowers in the Texas Legislature
Robert Doggett worked on behalf of TxLIHIS during the past session of the Texas Legislature, One of his main focus…
I want to believe the President’s financial consumer protection plan will work, but it won’t
President Obama adopted a fighting stance against the financial services industry today in his weekly radio address. He promised that…
An in-depth look: financial reform called for a major overhaul but did not get one
In pondering the Obama administration’s Financial Regulatory Reform: A New Foundation plan announced this week I find myself agreeing with New…
Addressing low-income families’ housing aspirations is essential to financial reform
You don’t have to work long in the field of affordable housing to find out how strong the desire is…
The Nouveau Poor foreclosure crisis slights the poor
You can’t help these days being struck by the amount of government and media attention heaped on the plight of…
The struggle begins to successfully design a TX Neighborhood Stabilization Program
I have previously expressed concerns about how the new Neighborhood Stabilization Program (NSP) can be successfully implemented. I attended a…
Senate Committee explores state role in easing home foreclosure problems
The Texas Senate Intergovernmental Relations Committee held the first of what promises to be several hearings to explore the home…
Mortgage crisis imperils new affordable housing developments
The mortgage crisis is really beginning to bite into affordable housing production programs. I just learned of a community development…
Rough outlines of Texas $178m Neighborhood Stabilization Program emerge
In an attempt to deal with the foreclosure crisis Congress has allocated substantial funding to cities, counties and states to…
New report profiles loan delinquencies and foreclosures in Texas cities
A collaboration between LISC and the Urban Institute has produced a data set with “foreclosure needs scores” within Community Development…
We endorse Texas Attorney General Abbott’s call for mortgage deferment legislation to help struggling homeowners
The Texas Low Income Housing Information Service (TxLIHIS) applauds and endorses Texas Attorney General Greg Abbott’s proposal today for a…
My recommendations for dealing with the low-income homeownership problems in Texas
I was invited to testify today before the Texas Senate Intergovernmental Relations Committee on the status of state programs to…
The foreclosure resistant low income mortgage loan
The $700 billion bailout of Wall Street brought about by the subprime/ predatory mortgage debacle points out that there needs…
Plight of renters unaddressed in foreclosure crisis
While the country focuses on the plight of homeowners facing foreclosure, the plight of renters forced to move due to…
Are we encouraging people to buy homes who shouldn’t?
House Financial Services Committee Chair Barney Frank, commenting on the current foreclosure crisis and the importance of the passage of…
Questions, answers, concerns about the new $4 billion foreclosed homes program in Texas
One of the subprograms of greatest controversy within the major housing legislation passed by Congress on Saturday (HR 3221) is…