New Orleans Homes to Be Demolished
The U.S. Department of Housing and Urban Development plans to demolish thousands of public housing units in New Orleans this weekend, despite an urgent need for affordable homes in the city. This video explains why, and what you can do about it.The U.S. Department of Housing and Urban Development plans to demolish thousands of public housing units in New Orleans this weekend, despite an urgent need for affordable homes in the city. This video explains why, and what you can do about it.
Watch it: (h/t: Michael Siegel)
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When Steven Mnuchin ran OneWest, the bank aggressively and, in some cases, wrongly foreclosed on elderly homeowners with reverse mortgages. The bank had a disproportionate share of such foreclosures.
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Bank of America said Monday it will resume foreclosures in 23 states. The country's largest bank stopped processing foreclosures nationwide while it investigated a mess of paperwork that cast doubt on the validity of home seizures. A self-imposed ban remains in 27 states.
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