Tag: foreclosure

Can Lease-Purchase Save Us?

As developers struggle to find buyers for rehabbed affordable homes, many are looking to a lease-purchase model to expand the pool of potential owners. But lease-purchase is far more complicated than just an end-run around the credit crunch.

Best of Both Worlds

Permanent affordability and asset building might seem at first blush to be contradictory goals for a low-income homeownership program, but new research says in fact they can be achieved together.

No Cover for Making Home Affordable

We’ve long known that the administration’s collection of foreclosure prevention programs, known together as Making Home Affordable, has been underperforming, with government data indicating...

Stewardship Works

Community land trusts succeed in curing delinquencies and preventing foreclosures, and the numbers show it.

Holding Banks Responsible

The Chicago City Council is considering legislation to hold lenders more responsible for properties they have foreclosed upon.

Taking Foreclosures to Task

All across the country, local governments, CDCs, community groups, and housing counselors are coming together to address the foreclosure crisis.

Tainted Loans: Fighting Toxic Mortgages in the Courts

It's not too late to treat toxic loans as the defective product they are.

How Did the Media Fail ACORN and Organizing?

Organizing has been under attack for years, but this time around, the media has been directly complicit in severely damaging one of most influential advocates for low- and moderate-income families in the country. How did the media miss the real story behind the assault on ACORN?

Subprime’s Footprint

While immediate steps are necessary to stem foreclosures, a comprehensive solution requires a broader brush.