Although big banks are forfeiting $26 billion to settle with the federal government over fraud charges, the main change will…
Tag: Housing news
Bo McCarver’s weekly housing news compilation, 1-31-2012
Reporters snooping into Freddie Mac’s business dealings discover that the quasi-governmental organization makes money by screwing homeowners it’s supposed to…
Bo McCarver’s weekly housing news compilation, 1-24-2012
A settlement between big banks and the government is expected this week. Homeowners screwed by robo-signing and other sleazy scams…
Bo McCarver’s weekly housing news compilation, 1-17-2012
Foreclosure rates dropped by a third last year — but not because of better financial times for homeowners. Fearing federal …
Bo McCarver’s weekly housing news compilation, 1-10-2012
Anticipating a done-deal, government prosecutors are expanding an offer to banks to drop charges in exchange for billions of dollars…
Loren Berlin, former TxLIHIS staffer, named housing reporter at Huffington Post
Loren Berlin, who formerly worked at TxLIHIS on the Housing Texas campaign, tells us she has been named the housing…
Bo McCarver’s weekly housing news compilation, 1-3-2012
As desperate families jostle for position in lines for public housing, Congress slashes federal housing programs by $3.8 billion. The…
Housing News Clips – December 2011
Tuesday Report, Dec. 27, 2011 Special to the Texas Low Income Housing Information Service Corruption in the nation’s banking industry…
Housing News Clips – November 2011
Tuesday Report, Nov. 1, 2011 Special to the Texas Low Income Housing Information Service As retribution for sleazy mortgage deals,…
Housing News Clips – October 2011
Tuesday Report, Oct. 4, 2011 Special to the Texas Low Income Housing Information Service The federal program to rescue “underwater”…
Bo McCarver’s weekly news compilation, 9-20-2011
Mortgage defaults soar as bankers bear down on marginal borrowers. The 33 percent spike comes as Bank of America loses…
Bo McCarver’s weekly news compilation, 9-13-2011
Economists present mixed views of the housing industry with some saying it will get worse before it gets better and…
Bo McCarver’s weekly news compilation, 8-30-2011
In order to increase the value of occupied houses, banks are now financing the demolition of some that aren’t. In…
Bo McCarver’s weekly news compilation, 8-23-2011
Depressed home sales nationwide signal that the end of the recession is nowhere near. Record low interest rates at 3.75…
Bo McCarver’s weekly news compilation, 8-16-2011
Stale sales in the housing industry continue to spook builders as potential buyers are increasingly squeezed-out by the general economic…
Bo McCarver’s weekly news compilation, 8-2-2011
As Congress finally acts, analysts are still pouring over the impacts of the debt-ceiling package — but a general belt-tightening…
Bo McCarver’s weekly news compilation, 7-26-2011
As the clock ticks down on dealing with the nation’s debt ceiling, nervous investors speculate on impact the political resolution…
Bo McCarver’s weekly news compilation, 7-19-2011
Mortgage companies are finding that sleazy habits are hard to break as robo-signings continue. Federal regulators have seen no change…
Bo McCarver’s weekly news compilation, 7-12-2011
Tuesday Report, July 12, 2011 Special to the Texas Low Income Housing Information Service More corporate sleaze oozed into the…
Bo McCarver’s weekly news compilation, 7-5-2011
Tuesday Report, July 5, 2011 Special to the Texas Low Income Housing Information Service Two big banks are now taking…
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…
Bo McCarver’s weekly news compilation, 6-28-2011
Fannie Mae and Freddie Mac undergo more scrutiny as it is discovered that almost 100 possible foreclosure fraud cases were…
Bo McCarver’s weekly news compilation, 6-21-2011
Tuesday Report, June 21, 2011 Special to the Texas Low Income Housing Information Service As more doom and gloom stories…
Bo McCarver’s weekly news compilation, 6-14-2011
Tuesday Report, June 14, 2011 Special to the Texas Low Income Housing Information Service Mortgage lenders are whining at new…
Bo McCarver’s weekly news compilation, 6-7-2011
Tuesday Report, June 7, 2011 Special to the Texas Low Income Housing Information Service Government efforts to help distressed homeowners…
Bo McCarver’s weekly news compilation, 5-31-2011
Tuesday Report, May 31, 2011 Special to the Texas Low Income Housing Information Service Home prices continue to freefall as…
Bo McCarver’s weekly news compilation, 5-24-2011
Tuesday Report, May 24, 2011 Special to the Texas Low Income Housing Information Service In Texas, Galveston disaster recovery continues…
Bo McCarver’s weekly news compilation, 5-17-2011
Tuesday Report, May 17, 2011 Special to the Texas Low Income Housing Information Service Groundbreakings for new residential units dropped…
Bo McCarver’s weekly news compilation, 5-10-2011
Tuesday Report, May 10, 2011 Special to the Texas Low Income Housing Information Service Fannie Mae, already in the Congressional…
Bo McCarver’s weekly news compilation, 5-3-2011
Tuesday Report, May 3, 2011 Special to the Texas Low Income Housing Information Service A new Harvard study shows that…