With foreclosures still at record levels, it should be no surprise that the voice of housing advocates continues to grow louder. May has been a particularly active month, with several grassroots organizations across the country staging "live-ins" by moving families into foreclosed or vacant properties. It's all part of the "Month of Action," a campaign launched by the Take Back the Land Movement, a national network of housing advocacy organizations, and the Poor People's Economic Human Rights Campaign, to elevate the plight of distressed homeowners. Actions this month have been planned in at least 20 cities, according to the Poor People's Economic Human Rights Campaign, including Detroit, Chicago, Philadelphia and New York. At least one "live-in," in Madison, Wis., has been met with some resistance from local law enforcement agencies. After Take Back the Land-Madison and Operation Welcome Home, two local organizations, helped move Desiree Wilson, a mother of two, into a vacant property, police threatened to charge her with trespassing and she moved out after a couple weeks. "We knew that there would be some sort of resistance," said Monica Adams, one of the organizers.
-
There's broad support for the effort to reduce costs and processes, but the Appraisal Institute warns about reducing property valuation quality control checks.
10m ago -
Foundation had introduced Version 3 of its credit risk model, using the most recent delinquency data, to improve loan performance predictions.
2h ago -
Fannie Mae's conservator is supporting the government-sponsored enterprise's test within certain boundaries, according to a recent social media post.
2h ago -
The Senate Banking Committee is slated to consider Christopher Phelen to be the chair of the Council of Economic Advisers on Thursday. Phelen has said in past academic papers that fractional reserve banking is "highly problematic."
2h ago -
-
The bureau said the move is intended to remove potentially confusing language with an upcoming revision to the Equal Credit Opportunity Act.
3h ago








