Disclosures about Wall Street’s bottom-feeders continue to surface: two stories about Goldman-Sachs were published this week describing the firm’s shady…
Tag: Housing news
Bo McCarver’s weekly housing news compilation – 10/27/2009
Confusion reins at Freddie Mac where the quasi-governmental agency cannot bridge the roles of oversight and profiteering. The organization was…
Bo McCarver’s weekly housing news compilation – 10/20/2009
Seeking to provide mortgages to a huge wait-list of first-time homeowners refused by private banks, the Obama Administration has initiated…
Bo McCarver’s Weekly Housing News Compilation – 10/13/2009
Having exhausted the over-sold mortgage ruse, predators now set their sights on reverse mortgages and the elderly. As the scams…
Bo McCarver’s weekly housing news compilation – 10/6/2009
The bank doesn’t want your mortgage: with more profit to be made at less risk in other ventures, banks are…
Bo McCarver’s weekly housing news compilation – 9/28/2009
Thousands of Gulf Coast poor driven inland by Hurricanes Katrina and Ike have not returned; many choose not to and…
Bo McCarver’s weekly housing news compilation – 9/22/2009
The annual American Community Survey has been released and shows the pervasive effects of the recession. The meltdown of the…
Bo McCarver’s Weekly Housing Compilation – 9/15/2009
On the first anniversary of Hurricane Ike, coastal newspapers chronicled the plight of thousands of displaced residents still waiting to…
Bo McCarver’s weekly housing news compilation – 9/8/2009
As the housing market continues to sputter, Fannie Mae and Freddie Mac falter under government conservatorship. The corporations have been…
Bo McCarver’s weekly housing news compilation – 9/1/2009
The sputtering economy braces for another wave of mortgage defaults as loans carrying variable interest rates are pushed higher. Banks…
Bo McCarver’s weekly housing news compilation – 8/25/2009
This story is repeated so often its headline is no longer news: more US homeowners find themselves “underwater” as the…
Bo McCarver’s housing news compilation – 8/18/2009
Across the nation, struggling homeowners who are behind in paying taxes on their homes are now faced with huge fees…
Bo McCarver’s housing news compilation — 8/11/2009
Years after Hurricanes Rita and Ike, FEMA has been ordered by a federal judge to publish rules for homeowners to…
Bo McCarver’s weekly housing news compilation – 8/4/2009
Like trying to push a rope, the Obama Administration is having little luck getting banks to address troubled mortgages. The…
Bo McCarver’s weekly housing news compilation – 7/7/2009
The word-on-the-street is that “things are going to get worse before they get better:” a massive wave of foreclosures looms…
Why was the leader of a failed Texas housing nonprofit a major political contributor to Texas officials?
Steve Sterquell, the one-time head of the now bankrupt Amarillo, Texas nonprofit affordable housing corporation American Housing Foundation, gave out…
Texans worried about their economic condition, housing concerns high on list
A new public opinion poll found that 37 percent Texans say their family’s economic situation is worse than one year…
Bo McCarver’s weekly housing news compilation – 6/23/2009
A surge of mortgage defaults is forecasted as the housing industry slowly sinks further into the general recession. The Texas…
Bo McCarver’s weekly housing news compilation – 6/16/2009
While market analysts search vainly for glimmers of hope in the housing industry, foreclosure rates continue to soar. Efforts to…
Bo McCarver’s weekly housing news compilation – 6/9/2009
Housing stories were scarce this week as national economic and international events dominated the news. The business indicators remained gloom,…
Bo McCarver’s weekly housing news compilation – 6/2/2009
Ever-optimistic realtors claim steady sales transactions at foreclosure auctions bode good news for the housing industry but realists point out…
Bo McCarver’s weekly housing news compilation – 5/26/2009
John Henneberger note: I have fallen a bit behind in posting Bo’s excellent housing news summaries during the last weeks…
Bo McCarver’s weekly housing news compilation – 4/14/2009
Frozen by the recession, the nation’s exurbs are folding. Thousands of unfinished tract developments mark both the boundaries of sprawl…
Bo McCarver’s weekly housing news compilation – 4/7/2009
Stories of mortgage scams and foreclosures largely receded to the second pages of newspapers this week as editors and writers…
Bo McCarver’s weekly housing news compilation – 3/24/2009
As the recession evolves to a depression, those in the top income bracket cling to their accumulations and wait for…
Bo McCarver’s weekly housing news compilation – 3/17/2009
Six months after Hurricane Ike, Galveston’s poor are still shuffling about looking for housing. FEMA has finally opened a trailer…
Bo McCarver’s weekly housing news compilation – 3/10/2009
The recession slowly seeps into Texas as mortgage defaults climb within a sagging economy that is increasingly characterized by layoffs…
Bo McCarver’s weekly housing news compilation – 3/3/2009
The nationalization of mortgage banks draws debate this week with conservatives arguing that “flexibility” will be jeopardized. Meanwhile, the inflated…
Bo McCarver’s weekly housing news compilation – 2/24/2009
The first infusion of federal money to bailout banks had insignificant impact on housing foreclosures as bankers channeled the money…
TX House Committee over housing programs dominated by Democrats; D-FW
Those of us who follow the Texas legislature closely have been waiting for the committee assignments for the House to…