Tag Archives: Secretary Of Housing And Urban Development

Obama’s ‘Responsible’ Reno Homeowners: Are They?

Posted on May 11, 2012 by Loren Bimler

As part of his “To Do List,” President Barack Obama visited Val and Paul Keller on Friday. The White House described them as “responsible” homeowners who owe more on their mortgage than their Nevada home is currently worth. They owe … Continue reading →

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New Financial Crimes Unit Could Throw Wrench in ‘Robo’ Settlement

Posted on January 25, 2012 by Loren Bimler

Barely a few days ago, word was that a settlement among state attorneys general and the big banks over faulty foreclosure practice, i.e. “robo-signing”, was imminent. In fact, there was a big meeting on Monday in Chicago to try to … Continue reading →

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‘Robo’ Foreclosure Settlement Turns Political

Posted on January 19, 2012 by Loren Bimler

For over a year now, state attorneys general have been negotiating some kind of settlement deal with the nations four largest lenders, as well as several smaller ones. The settlement pertains to faulty foreclosure processing, first uncovered in October of … Continue reading →

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Home Rentership Society

Posted on April 26, 2011 by Loren Bimler

I spent this morning at a conference by Harvard’s Joint Center for Housing Studies. They released a survey showing one in four renters, low and middle income, are spending more than half their income on rent and utilities. That’s about … Continue reading →

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