People of color have historically faced systemic obstacles in access to homeownership, yet so many have still persevered to secure…
Tag: Home foreclosures
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…
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,…
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,…
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…
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…
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…
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…
Nonprofit FHA downpayment assistance scheme nets 19% Texas defaults
I’m sorry if this makes me sound like an affordable housing hertic but this bothers me. NPR reports there are…
One perspective on the Texas foreclosure crisis
View Dr. James Gaines presentation [it takes a couple minutes to begin playing] before the Texas House financial institutions committee…