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By Stanley Kutler
$13.57
By William Shakespeare
$18
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Mike Keefe, Cagle Cartoons —
Posted on Apr 13, 2012
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Flickr / respres (CC-BY)
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A joint investigation by NPR and ProPublica has rustled up some disquieting trading practices on the part of Freddie Mac that suggest the taxpayer-run mortgage company hasn’t exactly done its darndest to help struggling Americans hold on to their homes—in fact, the opposite may be more the case.
Posted on Jan 30, 2012
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niallkennedy (CC-BY)
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A sunken housing market has turned foreclosure auctions into feeding grounds for the vultures of American capitalism. Low prices mean plenty of available buildings to be bought, fixed up and sold at a profit. Meanwhile, suffering evictees are nowhere to be seen, except for the rare occasions when they show up to protest or bid on the homes themselves.
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AP / Mark Lennihan
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By Robert Scheer — A most dastardly deed occurred last Friday when the Obama administration issued a 29-page policy statement totally abandoning the federal government’s time-honored role in helping Americans achieve the goal of homeownership.
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orlandorealtyexperts.com
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As foreclosures continue to force Americans out of their homes, some advocacy organizations are getting creative, suggesting that homeowners refuse to leave their foreclosed houses and helping others move into vacated abodes—either openly or under the radar.
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Flickr/respres
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We knew this news was bound to be bad, but we didn’t think it would be quite this grim: The number of American homeowners who faced foreclosure proceedings in 2008 passed the 2.3 million mark, an 81 percent increase over the previous year.
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Flickr / sfadden
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The housing market is continuing its descent into Slumpsville, judging by the way things have gone over the first quarter of 2008, and indicators don’t look good for the immediate future, either. American homeowners have been forced into foreclosure in record numbers this year and late payments have soared to a new high.
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Greenland’s Great Melt Is Pinned On Climate Change
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