Lending laws are destroying our communities - this must change

Posted by Rob Fleming on Nov 4th, 2007
2007
Nov 4

Jeffrey P. Newman
The news is filled with stories of over-reaching lenders and imprudent buyers - in short, a good deal of blaming the victims is going on.
But there are other victims - innocent and blameless victims - in this drama, and they are us, and our communities. Vacant homes in a neighborhood are often left [...]

Congress Seeks Foreclosure Help

Posted by Rob Fleming on Nov 4th, 2007
2007
Nov 4

By MARTIN CRUTSINGER
Members of Congress pushed the Bush administration on Friday to accelerate efforts to stem a rising tide of home foreclosures.
House Financial Services Committee Chairman Barney Frank and other Democrats on the panel told administration officials time was critical, given statistics showing that 2 million subprime mortgages will reset in coming months at much [...]