Tags » Foreclosure Crisis

Spain's housing market is finally showing signs of a comeback

Encouraging news from one of Europe’s hardest-hit economies: after 24 quarters of declines, Spanish housing prices have now registered three straight quarters of year-over-year gains. Spain hasn’t been on a streak like this since late 2007-early 2008. 72 more words

I Cannot Support the President who Caused the Needless Loss of Millions of Middle Class and Working Class Homes. Can You?

I recently read David Dayen’s article “A Needless Default” which summarizes how the Obama Administration’s HAMP program was designed to save banks at the cost of forcing millions of middle class and working class Americans – particularly Americans of color – to lose homes, wealth, and economic prospects their could have otherwise kept. 1,212 more words

Society Is Messed Up

53 Percent Of Black Wealth Wiped Out: Foreclosure Crisis Erodes Communities Of Color

Over the course of the last seven years, African American wealth has been decimated as a result of the foreclosure crisis in the United States. According to statistics, nearly 53% of Black wealth was wiped out as a result. 439 more words

Radio One

A Three-Part Series on the Plight of the Black Middle Class in America

The Washington Post recently published a powerful three-part series looking at the plight of the black middle class in America. The series focuses on Maryland’s Prince George’s County—the most affluent majority-black county in America, as well as one of the counties hit hardest by the foreclosure crisis. 261 more words

Nonfiction

53 Percent Of Black Wealth Wiped Out: Foreclosure Crisis Erodes Communities Of Color

Over the course of the last seven years, African American wealth has been decimated as a result of the foreclosure crisis in the United States. According to statistics, nearly 53% of Black wealth was wiped out as a result. 439 more words

News One Exclusives

53 Percent Of Black Wealth Wiped Out: Foreclosure Crisis Erodes Communities Of Color

Over the course of the last seven years, African American wealth has been decimated as a result of the foreclosure crisis in the United States. According to statistics, nearly 53% of Black wealth was wiped out as a result. 414 more words

Top News

The US is still a subprime nation

The Corporation for Enterprise Development, an anti-poverty think tank, just released its Asset Scorecard for 2015, a report that looks at everything from business ownership to job quality across the United States. 86 more words