Tag: foreclosure crisis
There are people who believe that the foreclosure crisis occurred because too many unqualified borrowers became homeowners. What actually happened was ...
As the surge of crisis-level funding recedes from housing counseling agencies, they are looking to technology, fee-for-service arrangements, new partners, and types of counseling to keep themselves going. But can the tricky and highly detailed business of foreclosure counseling in particular survive the transition?
New Jersey Community Capital shakes up our ideas of how nonprofit housers can and should approach neighborhood stabilization
As we head into the election home stretch, pieces of Rep. Keith Ellison's interview with Shelterforce in our latest issue keep coming to mind. Ellison...
No! Two at-scale, long-term lending programs show that if the process is done right, low-income homeowners can be as successful as prime borrowers--or more.
We must define the community development field in terms of impact and organizational structure and look at CDCs as facilitators of development, not just developers.
For decades, the United States government, pushed by its business partners in the financial and real estate world, "marched the nation into a delusion." The fantasy is that we can create wealth for millions of homeowners by enriching investors, brokerage and mortgage companies and Wall Street bankers "to the fullest extent possible with few boundaries."