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Articles tagged with: foreclosure

New Study Finds that Preemption Resulted in More Defaults and Riskier Lending
March 24, 2010 – 10:19 am

A recent study funded by the National State Attorneys  General Program at Columbia Law School found that federal action to exempt national banks from state anti-predatory lending laws resulted in more  defaults and riskier lending …

Former Bank Employee: Banks Give Homeowners the Runaround
March 24, 2010 – 9:58 am

One of many bank employees working with SEIU came forward to uncover predatory banking practices that harm consumers and communities.
The bank executive spoke to ABC News on the condition that ABC News not show his …

National People’s Action, Senator Durbin Release Devastating Chicago Foreclosure Report
March 16, 2010 – 9:41 am
National People’s Action, Senator Durbin Release Devastating Chicago Foreclosure Report

National People’s Action released the 2009 Chicago Foreclosure report with Senator Durbin yesterday. The report, written by NPA Research Analyst Nick Bianchi, shows that 2009 was the worst year ever for foreclosures in Chicago, …

President Obama Refocuses on Foreclosure Prevention
March 5, 2010 – 11:15 am

A recent editorial in the New York Times talked about new steps that President Obama has authorized to deal with the needs of homeowners dealing with foreclosures, especially unemployed homeowners and those with underwater mortgages.  …

New Study Shows Foreclosures Rattle the Bedrock of Latino Families
February 17, 2010 – 4:39 pm

The National Council of La Raza (NCLR) partnered with the Center for Community Capital (CCC) at the University of North Carolina to produce their recent report titled The Foreclosure Generation: The Long-Term Impact of the …

Oregon State PIRG Wants the Banks to Show Their Work When Denying Loan Modifications
February 10, 2010 – 11:23 am
Oregon State PIRG Wants the Banks to Show Their Work When Denying Loan Modifications

Oregon State Public Interest Research Group (OSPIRG) has been working with the state government to help prevent foreclosures and protect consumers.  The importance of this fight and the work done by this group was recently …