September 2014

How Eric Holder Failed the Economy

September 26, 2014 Mark Cullen

From BloombergView:

….

Attorney General Eric Holder, who plans to step down after more than five years in office, has efforts and achievements to be proud of, no doubt, but will probably be remembered above all for something he didn’t do: prosecute top executives for their role in the 2008 financial crisis.

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Student Homelessness at a Record High

September 24, 2014 The Housing Justice Foundation

As banks keep a “shadow inventory” of vacant houses off the market to inflate property values, a look at the cost from CNN Money:

Approximately 1.3 million students enrolled in U.S. public preschools, elementary schools, middle schools and high schools schools were homeless during the 2012-13 school year.

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Zombie Homes Haunt Florida Neighborhoods

September 16, 2014 Lynn Szymoniak

Another excellent article from The Center for Public Integrity:

Jacksonville’s poor neighborhoods are dotted with abandoned houses stuck in foreclosure limbo. The so-called zombie properties are often uninhabitable because they’ve fallen into disrepair, and owners are unwilling to invest in fixing them up because, with the mortgage unpaid, the bank can always come back and foreclose again.

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Homeowners Steamrolled by Florida Courts

September 10, 2014 Lynn Szymoniak

From  at The Center for Public Integrity:

Florida Circuit Court Judge Diana Lewis was in a hurry. She had 93 foreclosure cases before her in the next two hours and she made it clear that she wasn’t going to let anything slow them down.

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Candidates Who Care

September 9, 2014 The Housing Justice Foundation

There are candidates who put the interests of homeowners above the interests of banks and securities companies.  Some of these candidates have even taken time to come by the Housing Justice Foundation or meet with us to discuss foreclosures, mortgage document fraud, neighborhood blight caused by banks, Fannie Mae, mortgage modifications and Too Big To Jail Bankers.… [Read More]