Tag: mortgages

Ilhan Omar Proposes Bill to Cancel Rent, Mortgage Payments During Pandemic

A bill announced today by Rep. Ilhan Omar would release tenants and homeowners from housing payments until the national emergency is lifted, and would make up the losses to landlords and lenders through a federal fund.

English Required for a Mortgage?

Language barriers pose an obstacle to fair access to credit, but this population is overlooked in fair credit discussions.

Tainted Loans: Fighting Toxic Mortgages in the Courts

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

Modern Community Development for a Modern Crisis

A story about a nonprofit organization that achieved a large-scale bulk purchase of mortgages. The properties, all vacant and abandoned, and many deteriorated, are located primarily in the New Jersey municipalities of Newark, Orange, East Orange, and Irvington.