User: demo Topic: Housing
Category: Foreclosures
Last updated: Oct 07 2019 23:27 IST RSS 2.0
 
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Renters only: These new homes aren't for sale 7.10.2019 Minnesota Public Radio: Law & Justice
Developers are building thousands of single-family homes that won't require a mortgage to move in. Even people who could afford to buy are choosing to rent — they aren't ready for the long-term debt.
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Landlords say state rent caps may force them to raise rents more frequently 7.10.2019 LA Times: Business

Gov. Gavin Newsom has pledged to sign a statewide rent control bill for buildings older than 15 years. Studies from Los Angeles and San Francisco give insight into how landlords could respond.

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Once listed for $1 billion. Sold for $100,000. What just happened? 21.8.2019 LA Times: Business

After listing for $1 billion last year, a 157-acre Beverly Hills property called the Mountain has sold at foreclosure auction for $100,000 to the estate of Herbalife founder Mark Hughes, the property's previous owner.

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In Beverly Hills, the Mountain's fate looms as foreclosure auction gets delayed 16.8.2019 LA Times: Business

A foreclosure auction was delayed at the last minute for the Mountain, a 157-property in Beverly Hills that broke records when it listed for $1 billion last year.

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Trump’s Recent Attack on French Wine Represents Yet Another Conflict of Interest 29.7.2019 Mother Jones
On Friday, Donald Trump threatened to retaliate against a new French law that taxes American technology companies, and though he didn’t explicitly say how he’d strike back, a tweet suggests he might target the country’s wine industry. France just put a digital tax on our great American technology companies. If anybody taxes them, it should be […]
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He Spent 90 Seconds on This App. 6 Months Later, His Credit Jumped by 120 Points 10.7.2019 Newsweek Top Stories
How this man hiked his credit score 120 points in 6 months using Credit Sesame.
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Mpls. City Council approves measure to assist tenants facing eviction 13.6.2019 Minnesota Public Radio: News
A City Council committee on Wednesday approved a $650,000, two-year contract with Mid-Minnesota Legal Aid to assist low-income tenants who've received eviction notices to take on their landlords in housing court.
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Ben Carson Doesn't Feel 'Lonely' As Only Black Member of Trump's Cabinet, Suggests Race is 'Superficial' 6.6.2019 Newsweek Top Stories
"It's the brain. I look at people, and I think about people at that level and not on a superficial basis," Ben Carson said when asked whether he felt "lonely" being the only African-American member of Trump's cabinet.
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Bank of America warns of possible ‘carnage’ linked to leveraged loans 5.6.2019 LA Times: Business

The U.S. economy is on solid footing except for one potential trouble spot, according to Bank of America Corp. Chief Executive Brian Moynihan: leveraged loans — a business the bank has dominated for a decade.

Problems aren’t yet emerging as the economic expansion continues and companies churn out...

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Review: ‘Spike Spangle’ is a 1986 play about foreclosure and a rigged system. Sound familiar? 23.5.2019 LA Times: Commentary

Stop me if you’ve heard this one lately: A farmer struggling to make ends meet finds himself the cruelly exploited pawn in a geopolitical power play. Sad to say, it’s a tale as old as time — or at least 1986, when the Actors’ Gang first staged “Violence: The Misadventures of Spike Spangle, Farmer.”

...
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Oreo Mocks Ben Carson Confusion: REO Stands For 'Really Excellent Oreo' 22.5.2019 Newsweek Top Stories
Can you "explain the disparity in REO rates. Do you know what an REO is?" Rep. Katie Porter (D-Cali.) asked Department of Housing and Urban Department (HUD) Secretary Ben Carson during a hearing on Tuesday. "An Oreo?" Carson responded.
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Watch: Ben Carson Doesn’t Know What REO Property Is, Asks About ‘An Oreo?’ 22.5.2019 Newsweek Top Stories
“No, not an OREO. An REO. ‘R-E-O,’” Representative Katie Porter told Carson.
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Onetime Michael Jackson manager Tohme Tohme seeks millions from his estate 14.5.2019 LA Times: Commentary

The first phase of trial is scheduled to begin Tuesday in a multimillion-dollar lawsuit brought against Michael Jackson’s estate by a former manager for the singer who alleges he is owed commissions for his work on behalf of the late King of Pop.

Tohme R. Tohme says he is due a 15% commission on...

Task force takes on rural stress in Minnesota 2.5.2019 Minnesota Public Radio: Law & Justice
In response to growing socioeconomic stress in rural areas, the University of Minnesota Extension Service is setting up a rural stress task force to tackle some challenging issues.
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Patient Bankruptcy Fears Hurt Care Says Doctor Supporting Medicare For All 1.5.2019 Newsweek Top Stories
"The reality for many people in this country is that seeking medical care means weighing one's health against one's wallet."
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Reagan Economist Claims Obama Started Great Recession 23.4.2019 Newsweek Top Stories
Former Reagan economist and "Trumponomics" author Arthur Laffer ridiculed Americans with student loan debt and blamed the 2007 Great Recession on Barack Obama, who didn't begin his presidential term until January 2009.
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Review: In the arresting ‘Little Woods,’ Tessa Thompson and Lily James get scrappy 18.4.2019 LA Times: Commentary

Female filmmakers, including Kelly Reichardt and Chloé Zhao, are currently making some of the most uniquely observed and trenchant films about the contemporary American West. Add Nia DaCosta, who makes her feature directorial debut with the arresting “Little Woods,” to that list.

Tessa Thompson...

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Denver voters approved big campaign finance reforms — now they’ll elect a clerk and recorder to carry them out 15.4.2019 Denver Post: Local
Denver voters on May 7 will decide who takes the reins of an office that's charged with carrying out major campaign finance reforms and a new public financing system that could transform future city elections.
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Woman scammed immigrants out of $110,000 in home-buying scheme, police say 15.4.2019 LA Times: Commentary

A 39-year-old woman accused of scamming immigrants out of more than $110,000 in a home-buying scheme that lasted more than a year was arrested last week in Fresno, police said.

Maria Teresa Flores-Morales of Fresno told people who were unsure how to go about buying a home that she could help them...

Alexandria Ocasio-Cortez Grills Bankers on 2008 Crisis 11.4.2019 Newsweek Top Stories
Ocasio-Cortez questioned the CEOs of America's mega banks during a tense House Financial Services Committee session.
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