Fannie Mae and Freddie Mac Would Be Privatized Under Proposed House Budget

House Republicans want to privatize Fannie Mae and Freddie Mac as part of their 2018 budget proposal.

The 100-Year-Old Penalty for Being Black

By Tamvi Misra

The Roots of the New Urban Crisis

In an excerpt from his new book, Richard Florida warns of “the central crisis of our times”—the growing cleavage between superstar cities and those left behind.  

Americans are taking out the largest mortgages on record

For the past few years, the housing market has been unbalanced. Strong demand and lean supply keep pushing prices higher and higher.

On Wednesday, a fresh piece of data confirmed that trend. The Mortgage Bankers Association’s weekly purchase loan data showed that the average size of a home loan was the largest in the history of its survey, which goes back to 1990.

Detroit's Foreclosure Crisis and the Need for 'Information Justice'

An open data project sought to battle tax foreclosures by arming residents with information. It may have empowered property speculators more than anyone.

Uncertainty Over Tax Reform Is Already Hurting Affordable Housing

In Navient Lawsuits, Unsettling Echoes of Past Lending Crisis

After Hitting a 51-Year Low, the Homeownership Rate’s on the Rise

The homeownership rate edges back up from a five-decade low amid tentative signs that renter families are starting to gain the confidence to buy homes.

$40,000 in Mortgage Debt Forgiven,
Thanks to the Buffalo Urban League!

When Melissa D. came to the Buffalo Urban League for help saving her home, she was at her wit’s end. She had been laid off from her job and was working part-time at a cleaning service to make ends meet. Her income took a hit, and she started missing mortgage payments. She knew she would lose her home if she did not settle things with her lender.

Mr. Truman Saved His Home Thanks to the Lorain County Urban League!

Thanks to the Lorain County Urban League's Foreclosure Prevention Program, Mr. Gregory Truman was able to stop his home from going into foreclosure, saving him thousands of dollars in attorney fees, and reducing his monthly mortgage payment by $180/month!