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Housing

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Justice unit to probe mortgage-backed securities

theGrio
WASHINGTON (AP) - Federal and state law enforcement officials announced Friday they have launched a fraud-fighting unit, starting with 55 prosecutors and investigators, to root out wrongdoing in the market for residential mortgage-backed securities...
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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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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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Hundreds line up in Atlanta for mortgage help

theGrio
Hundreds of people lined up outside the Georgia World Congress Center in Atlanta early Tuesday morning in hopes of getting help paying their mortgages...
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11/21/11 - the Grio and CNBC Market Update

Shartia Brantley
VIDEO - In September sales declined 3 percent and housing inventory increased to 8 and half months of supply as foreclosures continue to weigh on the housing market...
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Ohio’s housing crisis: From foreclosure to break-ins

Raqiyah Mays
theGRIO REPORT - According to crime statistics released this October by the FBI, Ohio's violent crime rate saw a decline, while property crimes increased by 1.1 percent...
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09/26/11 - the Grio and CNBC Market Update

Shartia Brantley
VIDEO - Last week, the debt crisis in Europe triggered volatility in the US markets...
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Detroit offers free homes to police officers

Aiche Sissoko
VIDEO - It's reported that more than 50 percent of U.S. police officers live outside of the cities they served....
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Obama: Another year or more for housing turnaround

theGrio
ATKINSON, Ill. (AP) - He said, without getting specific, that the administration was mulling ways to encourage banks to resume lending...
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Bank of America lending fraud deal still a disservice

Earl Ofari Hutchinson
OPINION - The indisputable fact is that the bank made tens of millions on its alleged illegal and fraudulent lending practices...
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