Foreclosures

Foreclose This!

A homeowner on the verge of foreclosure in Las Vegas is not going down without a fight. He is literally destroying his home from the inside out.

June 25, 2008 - CBS 8 Las Vegas

Caring For Foreclosed Lawns

A city councilwoman in Galt, south of Sacramento, is cited for violating city code rules on watering. That's despite the fact that the City Council had urged the public to water and care for lawns at foreclosed homes.

June 8, 2008 - Lodi News-Sentinel

Cities Seek Ways to Fight Growing Housing Blight

In California's Inland Empire, abandoned houses are plentiful- the fallout from the subprime mortgage mess. Bill Fulton reports on what some cites are doing to keep the abandoned houses from dragging down neighborhoods.

May 30, 2008 - California Planning & Development Report

Did Houston's Lack Of Zoning Shield It From The Housing Meltdown?

A recent report by a Federal Reserve Bank senior economist argues that Houston's resiliency during the ongoing housing crisis is due in part to its lack of zoning regulations.

May 29, 2008 - The Houston Chronicle

Foreclosures Hit Cleveland Hard

This segment from NPR looks at the city of Cleveland and examines how foreclosures have devastated the city and many of its neighborhoods.

May 27, 2008 - NPR

Cities Want Banks To Pay For Blight Caused By Foreclosures

Minneapolis is one of several cities that have filed lawsuits against mortgage companies, seeking damages for the blight caused by the large number of foreclosures in some of its neighborhoods.

May 16, 2008 - USA Today

A Silver Lining To The Foreclosure Crisis: More Affordable Housing

The Federal Reserve has announced plans to help community non-profits to acquire foreclosed homes for use as affordable housing.

May 8, 2008 - The Washington Post

More Californians Losing Their Homes

The latest figures show that more than 500 California households have gone into foreclosure each day in the first quarter of 2008.

April 24, 2008 - LA Times Blog: LA Land

States Take Action on Foreclosures While Federal Government Stumbles

Without a clear federal plan to counteract the swath of foreclosures sweeping across the country, state governments are finding ways to reduce the local impacts.

April 16, 2008 - The Washington Post

The Fight for $1 Homes

A HUD plan that allows municipalities to buy up foreclosed homes for just $1 is causing controversy in Wayne County, Michigan, where cities and counties are fighting over who is best suited to take over abandoned homes.

April 16, 2008 - The Detroit Free Press

Maligned Redevelopment Agencies Asked To Solve Foreclosure Crisis

California's redevelopment agencies are feeling pressure on numerous fronts these days. Some may go out of business next year. Still, state lawmakers are considering giving the agencies authority to buy out subprime mortgages.

April 6, 2008 - California Planning & Development Report

Who Will Senate's Housing Crisis Plan Help?

A new plan in the Senate looks to help the country deal with the backlash of the housing crisis by offering tax breaks and credit. But will it help people whose homes have been foreclosed?

April 4, 2008 - NPR

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