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Foreclosure

Common attends Day 4 of The Variety Studio during the 2012 Sundance Film Festival  held at Variety Studio At Sundance on January 24, 2012 in Park City, Utah.

Common faces foreclosure on Chicago apartment

theGrio
According to recent reports, rapper Common hasn’t paid his mortgage on his Chicago apartment since March and he could soon face foreclosure on his pricey pad...
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HOLLYWOOD, FL - JUNE 22: Evander Holyfield arrives at Don King Tribute at Seminole Hard Rock Hotel on June 22, 2012 in Hollywood, Florida. (Photo by Larry Marano/Getty Images)

Holyfield forced out of mansion

theGrio
NEWS ONE - Boxer Evander Holyfield was forced to move out of his foreclosed home just outside of Atlanta yesterday...
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Banks neglect seized homes in minority areas

theGrio
MSNBC - Banks are doing a much better job maintaining homes seized in foreclosures in predominantly white neighborhoods than in mostly black and Latino neighborhoods...
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Civil rights activist faces foreclosure

theGrio
In the middle of their Black History Month advertising campaign, JP Morgan Chase may be responsible for removing an elderly civil rights activist from her home...
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Tracy Morgan won't help his mother avoid foreclosure

theGrio
The 43-year-old star of NBC's hit show 30 Rock has reportedly offered his mother, Alicia Warden, $2,000 to help her stave off foreclosure, despite her currently owing $25,000 on her Ohio home...
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Obama to extend and expand foreclosure program

theGrio
WASHINGTON (AP) - The Obama administration said Friday that will expand its signature foreclosure-prevention program to try to help those with heavy debt loads avoid losing their homes...
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Ongoing Foreclosure CrisisSince the collapse of the housing market in December 2007, millions of Americans have lost their homes to foreclosure. The impact has been especially stark among African Americans who were disproportionately subjected to subprime loans.  The numbers of foreclosures did not slow in 2010 with more than 2.5 millions Americans at risk of losing their homes this fall alone.  Some analysts have suggested that we are only ¼ of the way through the foreclosure crisis and many vulnerable homeowners are bracing for the worse.

Banks may pay $25 bil in foreclosure settlement

theGrio
theGRIO REPORT - The nation's largest banks could reach a $25 billion settlement with the Obama administration and the states over allegations of mortgage foreclosure fraud, the Huffington Post reported on Friday.
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Evicted 101-year-old Detroit woman can't go home

theGrio
DETROIT (AP) - The federal government now says a 101-year-old Detroit woman it promised could move back into her foreclosed home four months ago can't return because the building's unsanitary and unsafe...
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Bank foreclosing on O.J. Simpson's Florida house

theGrio
MIAMI (AP) - A bank is foreclosing on the Florida home of O.J. Simpson, who is serving time in a Nevada prison for kidnapping, armed robbery and other charges.
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How to hold subprime lenders accountable

Eric Holder & Shaun Donovan
OPINION - Since President Obama took office, this administration has worked to tackle the foreclosures that are harming families and devastating our communities...
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