Guys! We’re almost done! Next week at this time, all we have to worry about is putting our hard work on the web!
- K
Guys! We’re almost done! Next week at this time, all we have to worry about is putting our hard work on the web!
- K
http://www.chapa.org/calendar/?event_id=268
United Way is putting on this “Stable Tenancy” group hug on April 4th.
So our first drafts are due in two weeks.
In the meantime, we have a 3-5 page ethics paper due.
So yeah, I’m about to have a nervous break down.
Just thought I’d share.
-jga
http://www.ushomeauction.com/auction_details.php?auctionID=H-021
They’re auctioning off hundreds of Mass foreclosed homes-the “winners”side of the crisis. And an industry that’s certainly profiting from the loss of a lot of homes.
I wonder what access issues there would be, to get cameras in there. I obviously heard of this on that commercial they are playing non stop. I’m easing into spring break by watching a tremendous amount of tv.
kinda interesting…
MORE LENDERS MAKE CUTS;
Group sounds warnings
BYLINE: By JAY FITZGERALD
SECTION: FINANCE; Pg. 021
LENGTH: 321 words
The Massachusetts Mortgage Association warned yesterday of possible layoffs and reduced mortgage products due to additional lenders scaling back activities here as a result of new regulations.
“I’ve been in this market for 18 years and never seen anything like this,” Denise Leonard, the association’s executive director, said of firms announcing they were either pulling out of the Massachusetts market or curtailing offerings due to new mortgage-related rules that took effect yesterday in the state.
The Herald last week reported that Well’s Fargo and Indymac Bank were either radically changing the way they compensate mortgage brokers or ceasing lending altogether due to new rules implemented by Attorney General Martha Coakley.
Leonard said her organization has since learned that other lenders are pulling out or changing the way they do business here, too.
They include Freedom Mortgage, GuaranteedRate, Crescent, AmTrust, Taylor Bean & Whitaker, Countrywide and Vertice, she said.
She warned of “huge economic impacts” if those companies cut back their business with area mortgage brokers, some of whom may go under if those firms sharply limit lending deals with them.
She added out-of-state lenders that remain will be offering fewer types of mortgage products, which could be “extremely detrimental to consumers.”
But Coakley, who last month issued guidelines she hoped would soften any blow against the mortgage industry here, is refusing to back down from her new rules, which she said are intended to reduce industry abuses that contributed to the subprime mortgage market crash.
Bruce Marks, head of the nonprofit Neighborhood Assistance Corp. of America, said he feels little sympathy for the mortgage-brokerage industry, which he said treated many customers unfairly before the recent subprime mortgage meltdown. He said Coakley’s new rules will help “bring back fairness and integrity” to the mortgage market.
http://www.ahrc.com/new/index.php/src/news/sub/article/action/ShowMedia/id/4288
-jga
edit:also this globe article from a couple days ago
edit:edit:and this from a couple months ago
Shaken Foundations: Local Impact of the National Housing Crisis
About us
Sara Alterman compares an urban (Area 4 Cambridge) and a suburban community (Sudbury) and examines the symbiotic impact of foreclosures.
Eric D’Orazio examines who is profiting off the foreclosure crisis.
Javier Garcia-Albea explores how communities are fighting back against rising costs and foreclosure.
Katelyn Harding examines the growth of McMansions in towns like Wellesley, Lincoln and Weston.
David Maltz looks at how urban renters are affected by the rising costs to live.
Colleen Thompson examines how recent college graduates are affected by high housing costs in Boston.
About this project
A multimedia collaboration of Emerson College’s graduate journalism students, Shaken Foundations examines how the national housing crisis affects Massachusetts communities across race and class lines. How is the housing crisis affecting renters? How are communities fighting back? Where do people go when they have to abandon their homes? Who is profiting from the foreclosure crisis? These are some of the questions Shaken Foundations attempts to answer.