Foreclosure Holiday at Fan & Fred Comes to an End
There weren’t any splashy headlines like there were when, just before the holidays, GSEs Fannie Mae and Freddie Mac announced a foreclosure moratorium, but last week, that freeze came to […]
Great Falls And The Silk City
PATERSON, New Jersey — It’s early February and the air temperature hovers in the low teens — never mind the windchill that could only be tolerable to a Midwesterner. But […]
Operation Neighborhood Recovery and the Future of Community Development
Urban Essex County, New Jersey, one of the hardest hit areas in the state by the ongoing foreclosure crisis, could be the laboratory for an ostensible reinvention of community development, as a local CDC there announced today the successful acquisition of 47 mortgages on troubled properties with an eye toward stabilizing neighborhoods in some of the oldest suburban communities in New Jersey.
Ease Guidelines=Market Rally
It’s amazing what accounts for a market rally. Are we starting to see a pattern here? While the MSM still insists on using the Dow Jones Industrial Average in taking […]
A Rail Line Toward Community Development
Amid the growing acknowledgment that strong centers make healthier regions, it’s increasingly clear that the argument for providing opportunities for transit oriented development, or green development, is gaining major traction […]
Read All About It…While You Can
Another major daily faces major cutbacks. This time it’s the Atlanta Journal-Constitution cutting its full-time news staff by about 90 people, or roughly 30 percent. Most of the cuts, according […]
National Train Day (Trainiacs Unite!)
I thought this was an interesting tidbit: in an effort to highlight trains as convenient, energy efficient, environmentally sound ways to travel, Amtrak will hold its second annual National Train […]
Going Mainstream With the Obama Vegetable Garden
I’m a cynic when it comes to The New York Times and its reporting on culture, trends, dining, and style. Though I’m a fan of what is now seemingly one […]
Just Because His Sleeves Are Rolled Up, It Doesn’t Mean He Means Business
I’m a little late weighing on on this, but this retrial of Jon Stewart v. Tucker Carlson is not sitting well with me. Countless investors have lost life savings, IRAs, […]
NLIHC Budget Chart Outlines HUD Appropriations
Here’s a handy resource released today by The National Low Income Housing Coalition today assembled following last week’s Senate passage of H.R. 1105, the omnibus FY09 appropriations bill. The bill […]
Donovan Eyes Change to Mortgage Credit System; Bringing HUD to the Forefront
WASHINGTON, DC — HUD chief Shaun Donovan yesterday championed an overhaul of the existing infrastructure of the mortgage finance and economic system in allowing low- and moderate-income individuals to be […]
Rep. Frank Promises an “Improved” Subprime Bill
WASHINGTON, DC—House Financial Services Chairman Barney Frank (D-Mass.) today announced a bill, slated for an April vote, that aims to impose tougher penalties on securitizers who have sold bad loans, […]