A recent article by the Huffington Post’s Peter Goodman showed how one homeowner from the Bronx has continued to struggle to save her home because of the outrageous treatment she’s received at the hands of the bank that services her loan. Reporting with painstaking detail the obstacles Bank of America has thrown up as Katie [...]
Last week, during his State of the Union address, President Obama laid out a Blueprint for an America Built to Last, calling for action to help responsible borrowers and support a housing market recovery. This morning, President Obama announced a plan that will give every responsible homeowner in America the chance to save about $3,000 [...]
Home of the day: Bride Homeless Shelter in Dallas, TX. Newly appointed CFPB Director Cordray rolls out plans to help homeowners. Affordable housing project commences in Santa Barbara, CA. Martinsville, VA begins revitalization efforts. Idaho unveils first ever Passive Energy home. And HUD launches its new Rental Assistance Demonstration website.
On Wednesday, January 4, President Obama appointed former Ohio Attorney General, Richard Cordray, as Director of the Consumer Financial Protection Bureau (CFPB). This appointment comes after months of Congressional obstruction and delay. Wasting no time in protecting consumer and homeowners, Cordray launched the first federal nonbank lender supervision program. These include businesses such as mortgage [...]
Home of the day: Energy efficient home in Taos, NM. The Federal Reserve urges action on housing. Harvard professor praises HUD/VA efforts to end Veterans homelessness. Dian Olick on what the Richard Corday appointment could mean for housing. Austin, Texas just got more sustainable. New affordable housing apartments open in Washington, D.C. And some [...]