The Department of Justice is executing a “Witch Hunt”against banks. Through the DOJ’s Civil Rights Division,Attorney General Eric Holder is forcing banks to “relax their mortgage underwriting standards and approve loans for minorities with poor credit as part of a new crackdown on alleged discrimination,”according to a published [...]
Jamie Coughlin,Medill Reports
U.S. home prices declined again in the first quarter of 2011,just another sign the U.S. economy is still ailing.
Chicago was one of 12 metro areas that saw housing prices fall to their lowest level during the current housing cycle. The Minneapolis market was down 10 percent from last [...]
Shahien Nasiripour and Arthur Delaney,The Huffington Post
After nine months of dutifully making lowered mortgage payments under the Obama administration’s foreclosure-prevention program,Bea and Terry Garwood of Pinckney,Mich.,are all set to move out. Despite the promise of relief,they are losing to foreclosure the two-story house that has been [...]
Coming soon to a neighborhood near you?
Proposed new rules from the Obama administration would advance “transgender” rights through a federal fiat that literally changes the definition of the word “family.” Obama’s Department of Housing and Urban Development (HUD) is considering a new federal regulation that would force anyone who receives [...]