Foreclosure. Counseling Program Report. Prepared by Karen Duggleby, MSW, LISW Minnesota Homeownership Center
|
|
- Sharyl Bryan
- 6 years ago
- Views:
Transcription
1 Foreclosure 2014 Counseling Program Report Prepared by Karen Duggleby, MSW, LISW Minnesota Homeownership Center
2 Acknowledgements The Minnesota Homeownership Center is profoundly grateful for the dedicated professionals working within the Homeownership Advisors Network. The many positive results identified in this report would not have been possible without their hard work, patience and dedication for serving families at risk of foreclosure. About the Minnesota Homeownership Center The Minnesota Homeownership Center s mission is to promote and advance successful home ownership in Minnesota, with a focus on serving the needs of low- and moderate-income families and emerging markets. At the core of this mission is the belief that lower income households can achieve and recognize the benefits of long-term homeownership if they enter homeownership through the right door prepared to make wise, informed decisions for their families. The Minnesota Homeownership Center offers a unique approach to homeownership preparedness and sustainability: using a centralized, managed structure. In its centralized role, the Center provides leadership for key initiatives and partnerships that promote home ownership preparedness and sustainable homeownership throughout Minnesota. The Center ensures statewide access to high quality, consistent services by convening the Homeownership Advisors Network, a network of agencies that deliver its home ownership education and foreclosure counseling programs. The Center s approach emphasizes: High-quality programming grounded in national best practices Programming that is responsive to the changing environment Consistency of service delivery for consumers regardless of programming location A leadership entity serving as a single point of contact and expertise for industry stakeholders, funders, and the broader community. Mortgage industry stakeholders concerned with affordable, sustainable home ownership founded the Minnesota Homeownership Center in Since that time, the Minnesota Homeownership Center and its network have achieved a strong record of accomplishment across the state in helping primarily economically disadvantaged and underserved households access sustainable home ownership.
3 Table of Contents Key Findings 1. Introduction Foreclosure Process Chart 2. Report Overview and Methodology 3. Counseling Service Statistics 2014 Households Served Map 4. Findings: Loans, Affordability and Counseling Outcomes 2014 Foreclosures Prevented Map 5. Demographic Information Appendix: Foreclosure Prevention Counseling: The Minnesota Model The content of this report is 2015, Minnesota Home Ownership Center. Reproduction of part or all its contents in any form is prohibited without the written consent of the Minnesota Homeownership Center.
4 2014 Key Findings Foreclosure Counseling Program Report 2,750 Households Counseled 36% decrease over ,786 households counseled since ,309 Foreclosures (Sheriff Sales) 30% decrease since ,272 Pre-Foreclosure Notices 19% decrease since 2013 Foreclosure Prevented 64% of households avoided foreclosure in ,655 households have avoided foreclosure since 2008 Mortgage Payments 47% had mortgage payments that were more than 30% of their income (considered unaffordable) 53% fell behind due to loss or reduction in income Household Income $36,000 Median Household Income 76% have low income (80% or below AMI) Average Age 50 years old 3
5 1 Introduction Foreclosure Counseling Report Summary Over the past year, the number of both foreclosures and households seeking foreclosure counseling has continued to decline. These changes are likely the result of improving conditions in the housing and employment markets in Minnesota. Homes are selling in less time and median sales price is rising (Minneapolis Area Association of Realtors ). The unemployment rate dropped to 3.6% near end of 2014, the lowest level since the beginning of the recession. The improvement in the housing and economic conditions likely contribute to the decline in foreclosures by improving the economic situation for many Minnesota households and by making it easier for those who are struggling financially to sell their homes before reaching the point of foreclosure. Figure 1: Minnesota Foreclosure Sales by Year & Region 30,000 25,000 23,092 25,673 21,298 20,000 15,000 10,000 5,000 14,532 15,779 13,181 17,895 10,686 11,834 6,754 8,309 4, Twin Cities Metro Statewide Source: Minnesota Homeownership Center, Foreclosures in Minnesota: A Report Based on County Sheriff s Sale Data. Feb
6 Figure 2: Number of Pre-foreclosure Notices, by year ,000 66,570 71,665 60,000 54,569 40,000 39,054 28,781 23,272 20, Overview of Minnesota s Foreclosure Process Foreclosure is the legal process that allows a lender to take possession of and sell a property because the borrower did not meet the terms of the loan. State laws guide the process of foreclosure, which means that laws pertaining to foreclosure vary from state to state. State laws outline the sequence of events and actions that need to take place for a foreclosure to happen. The primary method of foreclosure in Minnesota is referred to as non-judicial foreclosure, also known as foreclosure by advertisement. This means that most foreclosures in Minnesota occur without court intervention. The foreclosure process typically begins after the fourth missed mortgage payment (see Figure 1, page 9). At this time, the loan transfers from the lender s collections department to an attorney. Working on behalf of the lender, the attorney begins the foreclosure process by first notifying the homeowner that they are handling the foreclosure and then scheduling a sheriff s sale date. The sheriff s sale is part of the foreclosure process in which the home is put up for sale at a public auction and sold to the highest bidder, usually the lender. Once the date of the sheriff s sale auction has been set, the law dictates that a notice of the sheriff s sale date must be published in a local newspaper for six consecutive weeks. The occupant of the property is served a notice of foreclosure at least four (4) weeks prior to the foreclosure sale. A formal redemption period follows the sale, which typically lasts six (6) months, during which the borrower can redeem the property by paying the amount of the foreclosure sale plus any accumulated interest, taxes, liens, or fees. For more details on the laws that govern Minnesota nonjudicial foreclosure go to: 5
7 Figure 3: Foreclosure Process Chart Foreclosure Process in Minnesota Foreclosure by Advertisement Missed payments 6 weeks before sale 4 weeks before sale Sheriff s Sale Sale date scheduled Sheriff s Sale Pre foreclosure notice Missed payment notice Default/ intent to foreclose notice Lender calls and sends a letter Receive default notice. Phone calls and collection efforts continue. Account forwarded to foreclosing attorney (legal fees accrue). Receive Preforeclosure Notice. Sheriff s Sale date scheduled by attorney. (Date published for 6 consecutive weeks.) Occupant served with notice of Sheriff s Sale Deadline to bring mortgage current OPTION: MN state law allows homeowners to postpone Sheriff s Sale in return for shortened redemption period. Must file for postponement between date sale is published and 15 days prior to Sale. Redemption Period Typically 6 months. May be 12 months if agricultural. May be shortened to 5 weeks if property is abandoned or sale was postponed by homeowner. Eviction Redemption period BEGINS Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 You maintain the right to stay in your home [To redeem the property you must pay off the entire Sheriff s Sale amount + interest and fees] Redemption period ENDS - OR - Vacate Face eviction To speak with a foreclosure counselor in your area, contact the Minnesota Homeownership Center at (866) or NOTE: This document represents the most common foreclosure process in MN and may vary. Information is not presented as legal advice Minnesota Homeownership Center 6
8 Key Activities in 2014 Homeownership Equity In 2014, the Homeownership Center researched the state of homeownership in Minnesota and the value it offers families and communities. The report outlines the importance of successful, affordable, sustainable homeownership for families and communities, including long-term asset and wealth building; safer neighborhoods; and better physical and mental health. The report also reminds us, though that these benefits remain out of reach for the homeowners, buyers, and neighborhoods hardest hit by the foreclosure crisis many of which were neighborhoods of color--and that the homeownership gap between white households and households of color remains disturbingly high. As we turn towards foreclosure recovery, the Homeownership Center is committed to making the benefits of homeownership real for everyone. Our newly formed Homeownership Opportunity Alliance comprised of leaders from all homeownership industry sectors, is dedicated to ensuring systemic, enduring changes to the homeownership industry in an effort to achieve homeownership parity. Sustaining foreclosure prevention Homeownership is successful only when it endures. As the foreclosure crisis wanes, the Homeownership Center is working to ensure that our partners and stakeholders continue to recognize the importance of foreclosure prevention in homeownership success. Demand for services diminished substantially in Nevertheless, close to three thousand families sought foreclosure prevention last year. We will continue to inform industry partners, implement new programs and policies, and reach out to troubled consumers to provide this valuable support. 7
9 2 Report Overview & Methodology This report provides a summary of evaluation results for the foreclosure prevention counseling program supported by the Minnesota Homeownership Center. Through this program, local foreclosure counseling services are delivered to consumers in 25 agencies throughout Minnesota. The report summarizes household and loan characteristics, service usage, and outcomes for homeowners receiving foreclosure counseling during This report includes data collected by foreclosure counselors at the 25 agencies in the Homeownership Advisors Network (see below) providing foreclosure counseling services through the Minnesota Homeownership Center s network. The report presents data and findings for all homeowners who went through a triage assessment and received either phone or in-person counseling. The triage assessment enables counselors to assess the homeowner s situation and identify possible solutions. The process includes gathering information from the homeowner including mortgage status, reason for delinquency, mortgage product and other housing expenses, affordability and their commitment to stay in the home. Overall, 60% of the clients served went through the triage assessment and received basic counseling and another 40% received more in-depth counseling. The report does not include data on homeowners who received information and referral. Program data was tracked using a central online reporting tool called CounselorMax. The data for this report is based on client data from 2014 unless otherwise noted. The data was downloaded from CounselorMax and analyzed using SPSS and GIS software. The following agencies provided client data for this report: Arrowhead Economic Opportunity Agency Anoka County Community Action Program Bi-County Community Action Program Carver County Community Development Agency CCCS of The Village Family Service Center City of St. Paul, Planning & Economic Development Communidades Latinas Unidas en Servicio (CLUES) Community Action Partnership of Suburban Hennepin Dakota County Community Development Agency Hmong American Partnership Inter-County Community Council LAO Assistance Center of Minnesota* LSS Financial Counseling Mahube-Otwa Community Action Partnership Neighborhood Development Alliance (NeDA) NeighborWorks Home Partners Northwest Community Action Program PRG, Inc. Rochester/Olmstead Community Housing Partnership Scott County Community Development Agency Southwest Minnesota Housing Partnership Twin Cities Habitat for Humanity Washington County Housing and Redevelopment Authority West Central Community Action Program Wright County Community Action Program * New agency as of October
10 3 Counseling Service Statistics After years of waiting for the foreclosure crisis to come to an end, many signs over the past two years suggest that crisis is over. The steady decline in foreclosures that began in 2010 continued through The demand for foreclosure counseling has followed a similar trajectory. After reaching a peak of nearly 16,000 households served in 2009, the number of households seeking foreclosure counseling has continued to decline, with a steep decline occurring between 2011 and 2012 (from 10,178 households to 5,947). In 2014, 2,750 households received foreclosure prevention counseling from the Center s network a number that is below service levels prior to the crisis. The decline in households seeking foreclosure counseling along with an overall reduction in foreclosures is good news. Added to this is the good news that more households are seeking homebuyer education and counseling before buying a home. Between 2012 and 2014, nearly 5,000 households sought pre-purchase counseling and 18,493 households completing homebuyer education. The growing demand for homebuyer education is encouraging and suggests that homebuyers are taking steps to become prepared and informed before buying a home. Informed consumers are the key to preventing foreclosure problems in the future. Figure 4: Households Served Year Total Households Served , , , , , , , , , ,750 TOTAL 76,786 Pre-crisis Foreclosure Crisis 9
11 Figure 5: A Picture of the Foreclosure Crisis, Households Served by Quarter ' 108' 208' 308' 409' 109' 209' 309' 410' 110' 210' 310' 411' 111' 211' 311' 412' 112' 212' 312' 413' 113' 213' 313' 4 14'1 14'2 14'3 14'
12 Minnesota Homeownership Center: Foreclosure Counseling 2014 Households Served by Region Northwest Region 70 households Northeast Region 273 households West Central Region 99 households Southwest Region 77 households Central Region 402 households Southeast Region Greater Minnesota 1,135 households Twin Cities Metro 1,556 households * Outstate = 59 households 214 households 11
13 4 Findings: Loans, Affordability & Counseling Outcomes Analysis of Loan Type The vast majority of the homeowners served by foreclosure counseling have fixed rate prime mortgages. This marks the continuation of a pattern that began seven years ago, as the foreclosure crisis transitioned from a subprime mortgage problem to an unemployment problem. In 2008, 27% of the homeowners receiving counseling services had a subprime mortgage. In 2014, for the second consecutive year only 5% had subprime mortgages. Eighty-eight (88%) percent of the homeowners served by the Minnesota Homeownership Center s counseling network had fixed rate prime mortgages. The remaining 6% had adjustable rate prime mortgages. Figure 6: Prime & Subprime by Loan Type, % 80% 60% 40% 20% 0% Fixed Prime ARM Prime Fixed Subprime Arm Subprime Figure 7: 2014 Prime & Subprime Loans 2014 Prime (<=8%) 94% Subprime (>8%) 5% Missing 1% 12
14 Loan Status About half (43%) of the homeowners sought help from a foreclosure advisor while they were less than 90 days late on their mortgage; 22% were still current on their mortgage when they began working with their advisor. In general, homeowners who seek help early have a greater chance of averting foreclosure than those who wait until a sheriff s sale is pending. Similar to 2013 data, a high share of homeowners (47%) accessed foreclosure counseling after falling behind by over 120 days on their mortgage payments. It is unclear why some homeowners wait before seeking counseling. They may be trying to sell their home first or work out loan modifications directly with their lender. Unable to achieve a result, these homeowners seek foreclosure counseling at a later stage of delinquency. Figure 8: Loan Status at Intake, Loan Status Current 20% 22% Days Late 15% 12% Days Late 9% 8% Days Late 11% 11% 120+ Days Late 45% 47% 100% Figure 9: Loan Status at Intake, % 50% 25% 120+ Days Late Days late Days late Days late Current 0%
15 Reason for Default Reduction or loss of income is the primary reason for default among homeowners seeking foreclosure counseling assistance. In 2014, 53% percent of the homeowners served reported that they had either a loss or reduction of their household income. Another 27% reported life events that are associated with a loss or reduction of income (divorce/separation, health issues, death of a family member and business failure). Over the past two year, there was a 6% decline in households reporting a reduction of income, which may be a reflection of improved employment conditions. Reduction in income refers to situations in which total household income has decreased, typically because hours available for work have been reduced, a reduction in government assistance, or loss of a part- time job. However, loss of income, which refers to homeowners who have become unemployed and have temporarily lost all sources of income, remained steady at 25%. Figure 10: Reason for Default Reason Percent Reduction in Income 27% 26% Loss of Income 25% 25% Medical Issues 12% 14% Poor Budget Management Skills 13% 12% Divorce/Seperation 9% 9% Increase in Expense 5% 4% Death of Family Member 2% 3% Increase in Loan Payment 2% 2% Business Venture Failed.9% 1% Other 4% 3% 14
16 Analysis of loan affordability The majority of homeowners counseled had mortgage payments that were unaffordable at the time they sought counseling. Fifty-three (53 %) of the homeowners had a monthly first mortgage payment that was more than 30% of their household income. Payments that are at or below 30% of income are typically considered affordable. Since the primary reason for falling behind is reduction or loss of income it maybe that the payments were affordable at the time they took out the loan. In 2014, the median monthly mortgage payment among the homeowners receiving counseling services was $1068, which is $124 less than Nearly half (44%) of the homeowners served had a monthly payment of $1000 or less. Almost a quarter (22%) of the homeowners had first-lien loan payments that exceeded $1500; this is consistent with Figure 11: Percentage of Homeowners Income Paid to Mortgage Payment 100% 50% 0% 47% 53% Less than 30% spent on mortgage More than 30% spent on mortgage Note: 98 households missing either annual income or mortgage payment information were removed from data. Households with more than 100% income paid to mortgage were trimmed from data as erroneous. 15
17 Counseling Outcome Summary Based on available outcome data, there were 1,028 foreclosures prevented among those who first sought counseling in It often takes many months to identify the outcome of foreclosure counseling. As of early 2015, outcome data was available for 58% (1,598) of the homeowners who first sought counseling in Forty-two percent (1,152) of cases opened during 2014 are still receiving counseling with outcomes pending. Since 2008, the Minnesota Homeownership Center s network has helped over 33,000 homeowners avoid foreclosure. During this time, the Center s network prevented foreclosure for 56% of the homeowners served. The industry average for foreclosure prevention is 36%. Figure 12: Number of Foreclosure Outcomes on Closed Cases Outcomes Foreclosures Prevented Foreclosure Occurred Outcome Unknown 1,852 (47%) 522 (13%) 1,607 (40%) 1,028 (64%) 274 (17%) 296 (18.5%) TOTAL 3,981 1,598 Figure 13: Summary of Foreclosure Outcomes on Closed Cases ,655 Foreclosure Prevented 13,425 12,958 Foreclosure Occurred Outcome Unknown
18 Foreclosures prevented In 2014, 64% of the homeowners receiving counseling services were able to avoid foreclosure. Among those who averted foreclosure 90% were able to stay in their homes and 10% were unable to stay in their home. The most notable change between 2013 and 2014 is the increase in percent of homeowners who were able to avoid foreclosure, 64%. In 2014, there was a larger number of homeowners are still receiving counseling services at the end of the year than in Over time as cases close we expect the foreclosure averted rate to reach our average rate of 56%. Figure 14: Number of Foreclosures Prevented, by Remedy Remained in Home Foreclosures Prevented Brought Mortgage Current Initiated Forbearance Agreement Mortgage Modified Bankrupcy Mortgage Refinanced Received Second Mortgage 1 2 Partial Claim 7 1 Entered Debt Management Plan Unable to Remain in Home Pre-Foreclosure Sale (Short sale) Sold Property Executed Deed-in-Lieu 13 6 TOTAL 1,852 (46%) 1,028 (64%) 50% Figure 15: Percent of Foreclosures Prevented by Remedy, % 0% Brought Mortgage Current Forbearance Agreement Mortgage Modified Bankruptcy Mortgage Refinanced Short sale Sold Property
19 Minnesota Homeownership Center: Foreclosure Counseling 2014 Foreclosures Prevented by Region Northwest Region 35 foreclosures prevented Northeast Region 82 foreclosures prevented West Central Region 29 foreclosures prevented Central Region 156 foreclosures prevented Greater Minnesota 412 foreclosures prevented Southwest Region 28 foreclosures prevented Southeast Region Twin Cities Metro 605 foreclosures prevented 82 foreclosures prevented 18
20 5 Demographic Information Households Household Type Marital Status Single adult 29% Married with children Married without children Female-headed single-parent household Two or more unrelated adults Male-headed single-parent household 29% 15% 14% 5% 5% Widow 3% Divorced 14% Unknown 17% Single 27% Married 39% Other 2% 0% 50% Education Age Highest Education Achieved Median Age = % 5% 6% 34% Unknown Graduate Bachelors Credit Score Median Credit Score = 561 4% Associates HS Grad 46% < HS 0% 5% 1 19
21 Race 3% 2% 1% 8% 8% 77% White Black Hispanic Asian Multiple Race Am Indian/AK Native Income Median Annual Income = $36,000 Annual Household Income Percent of Area Median Income (AMI) 100K+ 75K-100K 4% 6% 100% 15% 10% [76% are 0-80% or low income.] 50K-75K 25K-50K 17% 41% 16% 12% 100% % 61-80% 10K-25K <10K 23% 9% 48% 51-60% 0-50% 0% 50% 0% 1 20
22 Appendix Foreclosure Prevention Counseling: The Minnesota Model The Minnesota Homeownership Center brings 20 years of experience in supporting the delivery of foreclosure counseling services in Minnesota. Today, homeowners in Minnesota have access to foreclosure prevention services in each of the state s 87 counties. Using a community-based service delivery model, services are provided locally through a network of 25 organizations, called the Homeownership Advisors Network. These organizations represent a mix of community-based non-profit and government organizations that are involved with some aspect of housing as part of their mission. Most of the organizations have been offering foreclosure prevention services for the past decade. Based upon three essential elements, Minnesota s foreclosure prevention model demonstrates innovation, creativity and superior effectiveness in helping homeowners avoid foreclosure. A centralized approach: The Minnesota Homeownership Center s model uses a centralized, managed approach to homebuyer education and foreclosure counseling. The Center provides leadership and key services to community based homeownership agencies, including program models, certification and training, technical support, data collection and evaluation, program outreach, policy leadership and fundraising. One of the organization s most important functions is to develop and deploy a continuum of homeownership education and counseling services, from pre-purchase to foreclosure counseling. Statewide access to locally based services: Homeowners in Minnesota have access to foreclosure counseling services in each of the state s 87 counties. Using a community-based service delivery model, counseling services are provided locally through a network of non-profit and local government agencies whose mission emphasizes housing. The foreclosure advisors in this network are both highly trained and experienced. Most of the organizations have been offering foreclosure counseling for the past decade. Sustainable, coordinated funding: One of the strengths of the Minnesota Homeownership Center s foreclosure counseling model is that it has a consistent, reliable funding source. The program is financed through four primary funders: the state housing finance agency (Minnesota Housing); the Minnesota Homeownership Center, which receives its funding through lenders, local governments and a variety of philanthropic organizations; and two foundations the Family Housing Fund and Greater Minnesota Housing Fund. The community-based agencies providing foreclosure counseling receive funding through a competitive process, facilitated by the Minnesota Homeownership Center. This process avoids service duplication and ensures that high quality services are available statewide. When the foreclosure crisis emerged, the Minnesota Homeownership Center had the infrastructure in place to conduct the rapid and extensive organizational ramp-up required to meet the growing need for foreclosure counseling. The Center improved its service delivery model, increased its foreclosure prevention service capacity, and launched a large-scale public awareness and outreach campaign. The result of this effort is a statewide foreclosure prevention system that responds to consumer demand in the most efficient and effective way possible. 21
23 Achieving foreclosure prevention through effective counseling services Foreclosure prevention advisors work with homeowners facing foreclosure and help them to understand how they got into their current situation. Then, they help these homeowners develop a plan to move forward. Often, this includes asking a difficult question Can you afford your home over the long-term? For those who can, counselors work through a series of steps to help the homeowner get back on track with their mortgage. First, they examine if there are any personal resources available, such as savings or possibly loans from family or friends. Advisors also help connect homeowners with resources available in the community. Next, the advisors work with the mortgage company to explore loss mitigation options. Loss mitigation can include an array of solutions that help the homeowner to stay in the home. These solutions often include extending the loan to make up missed payments, temporarily lowering payments or lowering the interest rate to make the loan more affordable. Foreclosure Advisors work with homeowners to: Understand the foreclosure process Develop a customized plan to address their unique situation Improve financial management skills Know their mortgage product and communicate with their mortgage company Identify options for preventing foreclosure, including negotiating with the mortgage company for loss mitigation Avoid predatory practices Find alternative housing solutions if foreclosure is inevitable. 22
24
Minnesota Home Ownership Center 2008 FORECLOSURE COUNSELING PROGRAM REPORT
Minnesota Home Ownership Center 2008 FORECLOSURE COUNSELING PROGRAM REPORT Karen Duggleby, M.S.W. and Kim Skobba, Ph.D. April 2009 1 P a g e Acknowledgements The Minnesota Home Ownership Center staff would
More informationForeclosure Process in Minnesota
Foreclosure Process in Minnesota Foreclosure by Advertisement Missed payments 6 weeks before sale 4 weeks before sale Sheriff s Sale Missed payment notices Default / intent to foreclose notice Pre foreclosure
More informationNational Foreclosure Mitigation Counseling Program
National Foreclosure Mitigation Counseling Program National Foreclosure Mitigation Counseling Program Congressional Update Activity through January 31, 2010 Executive Summary NeighborWorks America (as
More informationTHDA Homebuyer Education Initiative Customer Intake Form
Sample 3 Date Case# (Trainer completes) Trainer Organization County (Trainer completes) THDA Homebuyer Education Initiative Customer Intake Form Please provide information about yourself for customer tracking
More informationHomebuyer Services Report
Homebuyer Services Report Prepared by Karen Duggleby, MSW, LISW Minnesota Homeownership Center Acknowledgements The Minnesota Homeownership Center is profoundly grateful for the dedicated professionals
More informationHOMEBUYER WORKSHOP REGISTRATION FORM
HOMEBUYER WORKSHOP REGISTRATION FORM Organization: Workshop location: Workshop Date(s): Instructions: Please fill out as completely as possible. Home Buyer Name: (Please print) First MI Last Address: Zip:
More informationResidential Foreclosures in Minnesota
Residential Foreclosures in Minnesota Winter 2011 Research and Evaluation Unit Residential Foreclosures in Minnesota Introduction Minnesota s foreclosure crisis has destabilized the housing market in
More informationDakota County CDA Homebuyer Counseling Program Application
Dakota County CDA Homebuyer Counseling Program Application Appointment Information: Date: Time: Application Checklist: To better serve you, please provide all required documents 24 hours in advance of
More informationHOME SWEET HOME COMMUNITY REDEVELOPMENT CORPORATION Rebuilding our community one day at a time Customer Intake Form
Customer Intake Form CUSTOMER Please print Name: City: State: Zip Code: Date of Birth: / / Social Security: - - Gender: Male Female Handicapped? Yes or No Home: ( ) - Work: ( ) - Cell: ( ) - E-mail: Race
More informationSECTION FIVE: FORECLOSURE AND LENDING CHARACTERISTICS
SECTION FIVE: FORECLOSURE AND LENDING CHARACTERISTICS Legend Regulated Affiliate of Regulated Unregulated 0 Miles 10 Foreclosures by Type of Lending Institution This map shows the type of lending institutions
More information2011 Foreclosures in Minnesota: A Report Based on County Sheriff s Sale Data
2011 Foreclosures in Minnesota: A Report Based on County Sheriff s Sale Data revised February 24, 2012 Published by: Prepared by: 275 Market Street Suite 509 Minneapolis, MN 55405 Telephone: 612-522-2500
More informationHOME SWEET HOME COMMUNITY REDEVELOPMENT CORPORATION
Customer Intake Form CUSTOMER 1 P age HOME SWEET HOME COMMUNITY REDEVELOPMENT CORPORATION Please print Name: Address: City: State: Zip Code: Date of Birth: / / Social Security: - - Gender: Male Female
More informationProgram Assessment Report 2017
This document is made available electronically by the Minnesota Legislative Reference Library as part of an ongoing digital archiving project. http://www.leg.state.mn.us/lrl/lrl.asp Evaluating Affordable
More information2010 Foreclosures in Minnesota: A Report Based on County Sheriff s Sale Data
2010 Foreclosures in Minnesota: A Report Based on County Sheriff s Sale Data February 9, 2011 Published by: Prepared by: About the Minnesota Home Ownership Center Recognized nationally as a model of home
More informationFORECLOSURE. I don t think I can make my mortgage payments but I don t want to go through a foreclosure. What are some of my options?
FORECLOSURE When you borrow money to buy a house or land, the creditor usually takes a security interest in the property you buy This means that if you don t pay, the creditor can foreclose upon (or take
More informationHow to Stop and Avoid Foreclosure in Today's Market
How to Stop and Avoid Foreclosure in Today's Market This Guide Aims To Help You Navigate the foreclosure process [Type the company name] Discover all of your options [Pick the date] Find the solution or
More informationWashington County CDA-Mortgage Counseling Program Application
Washington County CDA-Mortgage Counseling Program Application Appointment Information Date: Time Specialist: Questions? Call 651-202-2822 Application Checklist To better serve you, please provide all required
More informationUsing Triage Protocols to Manage Overwhelming Demand for Foreclosure Intervention Counseling More Effectively
Best Practices in Foreclosure Intervention Counseling Using Triage Protocols to Manage Overwhelming Demand for Foreclosure Intervention Counseling More Effectively About the Series Best Practices in Foreclosure
More informationForeclosure Prevention Process
NHS of the Fox Valley One American Way Elgin, IL 60120 (847) 695-0399 (847) 695-0711 foxvalleyinfo@nhschicago.org Foreclosure Prevention Process How to OBTAIN a one-to-one consultation with a HUD-certified
More informationFaith Schwartz Testifies at TARP Foreclosure Mitigation Programs Hearing
October 27, 2010 Media Contact: Brad Dwin (202) 589-1938 brad@hopenow.com Faith Schwartz Testifies at TARP Foreclosure Mitigation Programs Hearing (WASHINGTON, DC) Faith Schwartz, senior adviser, and former
More informationWashington County CDA-Mortgage Counseling Program Application
Washington County CDA-Mortgage Counseling Program Application Appointment Information Date: Time Specialist: Questions? Call 651-202-2822 Application Checklist To better serve you, you must provide all
More informationHomeowner Affordability and Stability Plan Fact Sheet
Homeowner Affordability and Stability Plan Fact Sheet The deep contraction in the economy and in the housing market has created devastating consequences for homeowners and communities throughout the country.
More informationResidential Foreclosures in Minnesota
Residential s in Minnesota Spring 2013 Planning, Research, and Evaluation Residential s in Minnesota Introduction Minnesota s foreclosure crisis has destabilized the housing market in many parts of the
More informationEarly Delinquency Intervention
Early Delinquency Intervention Saving Your Home From Foreclosure There are many reasons homeowners face difficulty in making mortgage payments: unexpected expenses, loss of overtime, unemployment, overspending,
More informationNYS Affordable Housing Corporation (AHC) Madison County Facade Rehabilitation
NYS Affordable Housing Corporation (AHC) Madison County Facade Rehabilitation Thank you for inquiring about the facade rehabilitation program through Partnership for Community Development (PCD) and the
More informationMHANY MANAGEMENT, INC. FIRST TIME HOMEBUYER/REFINANCE PROGRAM
MHANY MANAGEMENT, INC. FIRST TIME HOMEBUYER/REFINANCE PROGRAM MHANY Management, Inc. (MHANY) helps low and moderate income individuals and families so they can obtain and keep affordable, stable, safe,
More informationTwin Cities Minnesota Economic and Business Conditions Report, Second Quarter 2014
St. Cloud State University therepository at St. Cloud State Twin Cities Minnesota Economic and Business Conditions Report Minnesota Regional Economic and Business Conditions Report 10- Twin Cities Minnesota
More informationHousing Counseling Work Plan (January 2017)
Agency Background: Housing Counseling Work Plan (January 2017) Parkview Services (PARKVIEW) was established in 1967, as Parkview Homes for Exceptional Children to serve families with children with developmental
More informationThe Obama Administration s Efforts To Stabilize The Housing Market and Help American Homeowners
The Obama Administration s Efforts To Stabilize The Housing Market and Help American Homeowners May 2011 U.S. Department of Housing and Urban Development Office of Policy Development Research U.S Department
More informationHomebuyer Education Demographic Tracking Information
Homebuyer Education Demographic Tracking Information Applicant Information Name: Email: Address: Pending Address: Phone Number: Co-Applicant Information Name: Email: Address: Pending Address: Phone Number:
More informationIn the first three months of 2007, there
Subprime Lending and Foreclosure in Hennepin and Ramsey Counties by Jeff Crump In the first three months of 2007, there were 678 foreclosure sales in the city of Minneapolis, an increase of more than 100%
More informationHOMEBUYER GUIDELINES FOR EDA/DEVELOPER REMODELED HOMES
Brooklyn Park Economic Development Authority (EDA) TIF Foreclosure Recovery Program HOMEBUYER GUIDELINES FOR EDA/DEVELOPER REMODELED HOMES Updated: September 2011 TABLE OF CONTENTS I. Background... 1 II.
More informationEarly Delinquency Intervention: Saving Your Home From Foreclosure
Early Delinquency Intervention: Saving Your Home From Foreclosure There are many circumstances in a homeowner s life that could result in missed mortgage payments: unexpected expenses, loss of overtime,
More informationMinnesota Housing: A Path to Successful Homeownership. A Path to Homeownership & Family Self-Sufficiency (REP)
Minnesota Housing: A Path to Successful Homeownership Minnesota Housing: Real Estate Program A Path to Homeownership & Family Self-Sufficiency (REP) Today s conversation Who we are Why we re here Increasing
More informationFannie Mae Reports Net Income of $5.1 Billion for Second Quarter 2012
Contact: Pete Bakel Resource Center: 1-800-732-6643 202-752-2034 Date: August 8, 2012 Fannie Mae Reports Net Income of $5.1 Billion for Second Quarter 2012 Net Income of $7.8 Billion for First Half 2012
More informationHOME IMPROVEMENT INTAKE FORM
1 Minneapolis Office: 1930 Glenw ood Ave Minneapolis, MN 55405 Neighborhood Housing Services of Minneapolis, NMLSR#394817 Community NHS, dba NeighborWorks Home Partners, NMLSR#363923 Donna Corbo Lending
More informationShared Equity Program Homeownership Application
Shared Equity Program Homeownership Application WWW.TPHRUST.ORG Application Instructions This application is required in order to purchase a home through Twin Pines Housing (TPH). Thank you for taking
More informationTemplate Version Date: August 2011
This document describes the Housing Finance Agency (HFA) Hardest-Hit Fund (HHF) data that state HFAs are required to provide to Bank of New York Mellon. It includes quarterly borrower characteristic data
More informationThe Obama Administration s Efforts To Stabilize The Housing Market and Help American Homeowners
The Obama Administration s Efforts To Stabilize The Housing Market and Help American Homeowners April 2012 U.S. Department of Housing and Urban Development Office of Policy Development Research U.S Department
More informationAssumptions, Mistakes, Successes, and Moving Forward: An Empirical Analysis of Foreclosures in North Minneapolis and Foreclosure Policies
Assumptions, Mistakes, Successes, and Moving Forward: An Empirical Analysis of Foreclosures in North Minneapolis and Foreclosure Policies CURA Housing Forum Friday, December 18, 2009 Thanks and Disclaimers
More informationName: Date: Homebuyer Education Demographic Tracking Information (completed & signed)
Name: : It is imperative that we receive copies of the items below. We cannot schedule an appointment with a Homebuyer Advisor until these items are received. Homebuyer Education Demographic Tracking Information
More informationEarly Delinquency Intervention SAVING YOUR HOME FROM FORECLOSURE
Early Delinquency Intervention SAVING YOUR HOME FROM FORECLOSURE BALANCE offers a variety of free and low-cost services to help you get out of debt, design a money management plan, and achieve your financial
More informationCounseling Agreement, Privacy Policy, and Conflict of Interest Disclosure Statement
Counseling Agreement, Privacy Policy, and Conflict of Interest Disclosure Statement 1. I understand that Fifth Ward CRC provides foreclosure mitigation counseling after which I will receive a written action
More informationAMERICA AT HOME SURVEY American Attitudes on Homeownership, the Home-Buying Process, and the Impact of Student Loan Debt
AMERICA AT HOME SURVEY 2017 American Attitudes on Homeownership, the Home-Buying Process, and the Impact of Student Loan Debt 1 Objective and Methodology Objective The purpose of the survey was to understand
More informationWhy is Non-Bank Lending Highest in Communities of Color?
Why is Non-Bank Lending Highest in Communities of Color? An ANHD White Paper October 2017 New York is a city of renters, but nearly a third of New Yorkers own their own homes. The stock of 2-4 family homes
More informationThe Obama Administration s Efforts To Stabilize The Housing Market and Help American Homeowners
The Obama Administration s Efforts To Stabilize The Housing Market and Help American Homeowners November 2012 U.S. Department U.S Department of Housing of Housing and Urban and Urban Development Development
More information35% 26% 57% 51% PROFILE. CIty of durham: Assets & opportunity ProfILe. key highlights. ABoUt the ProfILe ASSETS & OPPORTUNITY
CIty of durham: Assets & opportunity ProfILe ASSETS & OPPORTUNITY PROFILE key highlights 35% of Durham County households live in asset poverty Cities have long been thought of as places of opportunity
More informationApplication Instructions
Shared Equity Program Homeownership Application www.tphtrust.org Application Instructions This application is required in order to purchase a home through Twin Pines Housing Trust (TPHT). Thank you for
More informationThank you for choosing Southeast CDC for Housing Counseling. We hope to help you make one of the most important purchases of your life.
HOMEBUYER INTAKE Dear Home Buyer, Thank you for choosing Southeast CDC for Housing Counseling. We hope to help you make one of the most important purchases of your life. Southeast Community Development
More informationCITY OF BOCA RATON SHIP APPLICATION PACKAGE WE ARE ACCEPTING SHIP APPLICATIONS ON AN ONGOING BASIS, UNTIL FURTHER NOTICE.
Courtesy of http://www.downpaymentsolutions.com CITY OF BOCA RATON SHIP APPLICATION PACKAGE WE ARE ACCEPTING SHIP APPLICATIONS ON AN ONGOING BASIS, UNTIL FURTHER NOTICE. BEFORE SUBMITTING YOUR APPLICATION,
More informationplease print clearly Name: First MI Last Address: Street Home: ( ) - Work: ( ) -
CUSTOMER INTAKE FORM HOMEOWNERSHIP COUNSELING PROGRAM CUSTOMER please print clearly Name: First MI Last Address: Home: ( ) - Work: ( ) - Email: Fax: ( ) - Mobile/Cell: ( ) - Social Security Number: - -
More informationEARLY DELINQUENCY INTERVENTION WORKBOOK
EARLY DELINQUENCY INTERVENTION WORKBOOK If you are having financial difficulties, being able to maintain a mortgage payment can be stressful. In such trying times, it can be hard to make rational decisions
More informationTwin Cities Area Economic and Business Conditions Report Second Quarter 2017
Twin Cities Area Economic and Business Conditions Report Second Quarter This issue is part of a series for the six planning areas of Minnesota: Central, Northeast, Northwest, Southeast, Southwest, and
More informationFORECLOSURE PREVENTION PRINCIPAL REDUCTION AND. Preliminary Report, Findings and Recommendations from the IDT. Seattle City Council March 26, 2014
1 PRINCIPAL REDUCTION AND FORECLOSURE PREVENTION Preliminary Report, Findings and Recommendations from the IDT Seattle City Council March 26, 2014 2 IDT Scope of Work Resolution 31495 directed IDT to explore
More informationJune 29, 2011 Acting Director Edward DeMarco Federal Housing Finance Agency 1700 G Street, NW, 4th Floor Washington, DC 20552
June 29, 2011 Acting Director Edward DeMarco Federal Housing Finance Agency 1700 G Street, NW, 4th Floor Washington, DC 20552 Dear Acting Director DeMarco, On April 28, 2011, the Federal Housing Finance
More informationEarly Delinquency Intervention Workbook
Early Delinquency Intervention Workbook If you are having financial difficulties, being able to maintain a mortgage payment can be stressful. In such trying times, it can be hard to make rational decisions
More informationHomeownership Preservation in Maryland
Maryland Department of Housing and Community Development Homeownership Preservation in Maryland A presentation to the Western Maryland 2008 Small Town Symposium and Rural Roundtable April 23, 2008 Martin
More informationThe Impact of Foreclosures on Economic Recovery in Virginia
The Impact of Foreclosures on Economic Recovery in Virginia February, 2012 Brian Koziol Housing Policy and Research Analyst www.phonehome.org 804.354.0641 Where you live makes all the difference About
More informationHousing Authority of the City of Perth Amboy 881 AMBOY AVENUE, P.O. BOX 390, PERTH AMBOY, NJ TELEPHONE: (732) FAX: (732)
Housing Authority of the City of Perth Amboy 881 AMBOY AVENUE, P.O. BOX 390, PERTH AMBOY, NJ 08862 TELEPHONE: (732) 826-3110 FAX: (732) 826-3111 EDNA DOROTHY CARTY-DANIEL, Chairperson PEDRO A. PEREZ, Vice-Chairperson
More informationTestimony of Dean Baker. Before the Subcommittee on Housing and Community Opportunity of the House Financial Services Committee
Testimony of Dean Baker Before the Subcommittee on Housing and Community Opportunity of the House Financial Services Committee Hearing on the Recently Announced Revisions to the Home Affordable Modification
More informationCOMMUNITY ADVANTAGE PANEL SURVEY: DATA COLLECTION UPDATE AND ANALYSIS OF PANEL ATTRITION
COMMUNITY ADVANTAGE PANEL SURVEY: DATA COLLECTION UPDATE AND ANALYSIS OF PANEL ATTRITION Technical Report: March 2011 By Sarah Riley HongYu Ru Mark Lindblad Roberto Quercia Center for Community Capital
More informationIncreasing homeownership among
Subprime Lending and Foreclosure in Hennepin and Ramsey Counties: An Empirical Analysis by Jeff Crump Increasing homeownership among low-income and minority communities is a major goal of housing policy
More informationBCHG Financial & Housing Counseling Program. October 2014 to September 2015
BCHG Financial & Housing Counseling Program October 2014 to September 2015 Pre-Purchase Workshops/Webinars Credit, Budget, FTH Face to Face Counseling Access to Programs for First Time Homebuyers Bucks
More informationEnd of the American Dream? How Mortgage Defaults and Foreclosures Affect Families and Communities
End of the American Dream? How Mortgage Defaults and Foreclosures Affect Families and Communities J. Michael Collins Assistant Professor, School of Human Ecology Director, Center for Financial Security
More informationNational Community Land Trust Network 2008 Foreclosure Survey Report October 26, 2009
National Community Land Trust Network 2008 Foreclosure Survey Report October 26, 2009 By Marge Misak, Cuyahoga Community Land Trust, Cleveland and National CLT Academy Board Member, with support from Roger
More informationRandall S Kroszner: Legislative proposals on reforming mortgage practices
Randall S Kroszner: Legislative proposals on reforming mortgage practices Testimony by Mr Randall S Kroszner, Member of the Board of Governors of the US Federal Reserve System, before the Committee on
More informationTwin Cities Area Economic and Business Conditions Report Fourth Quarter 2014
Twin Cities Area Economic and Business Conditions Report Fourth Quarter TABLE OF CONTENTS Executive Summary...1 Twin Cities Leading Economic Indicators Index...2 Twin Cities Business Filings...4 Twin Cities
More informationTwin Cities Area Economic and Business Conditions Report First Quarter 2017
Twin Cities Area Economic and Business Conditions Report First Quarter This issue is part of a series for the six planning areas of Minnesota: Central, Northeast, Northwest, Southeast, Southwest, and Twin
More informationTwin Cities Area Economic and Business Conditions Report First Quarter 2018
Twin Cities Area Economic and Business Conditions Report First Quarter This issue is part of a series for the six planning areas of Minnesota: Central, Northeast, Northwest, Southeast, Southwest, and Twin
More informationMAINE STATE LEGISLATURE
MAINE STATE LEGISLATURE The following document is provided by the LAW AND LEGISLATIVE DIGITAL LIBRARY at the Maine State Law and Legislative Reference Library http://legislature.maine.gov/lawlib Reproduced
More informationYOU PREVIOUSLY APPLIED TO CHI?
Applicant Intake Form NOTE: You are NOT eligible for grant if already in contract. HAVE YOU PREVIOUSLY APPLIED TO CHI? YES NO IF YES, WERE YOU DENIED? YES NO HAVE YOU EVER RECEIVED A GRANT? YES NO PREVIOUS
More informationForeclosure Prevention Counseling Workshop
Foreclosure Prevention Counseling Workshop Counselor role and process The counselor will look at all of your documents to assess your situation The counselor will lay out all of your options The counselor
More informationTwin Cities Area Economic and Business Conditions Report Third Quarter 2017
Twin Cities Area Economic and Business Conditions Report Third Quarter This issue is part of a series for the six planning areas of Minnesota: Central, Northeast, Northwest, Southeast, Southwest, and Twin
More informationIn Baltimore City today, 20% of households live in poverty, but more than half of the
Building Economic Opportunity in Baltimore: A Data Profile Baltimore Highlights In Baltimore City today, 20% of households live in poverty, but more than half of the city s population 55% is financially
More informationTemplate Version Date: January 2015
This document describes the Housing Finance Agency (HFA) Hardest-Hit Fund (HHF) data that state HFAs are required to provide to the U.S. Department of the Treasury. It includes quarterly borrower characteristic
More informationTemplate Version Date: January 2016
This document describes the Housing Finance Agency (HFA) Hardest-Hit Fund (HHF) data that state HFAs are required to provide to the U.S. Department of the Treasury. It includes quarterly borrower characteristic
More informationThe state of the nation s Housing 2013
The state of the nation s Housing 2013 Fact Sheet PURPOSE The State of the Nation s Housing report has been released annually by Harvard University s Joint Center for Housing Studies since 1988. Now in
More informationAn Attorney s Options for Handling Clients in Trouble with Real Estate. Aka: Forbearance to Bankruptcy and Everything in Between
An Attorney s Options for Handling Clients in Trouble with Real Estate Aka: Forbearance to Bankruptcy and Everything in Between Erica Crohn Minchella ~ Attorney at Law 7538 St. Louis Ave Skokie, IL 60076
More information2018 Annual Report of the Emerging Entrepreneur Loan Program
This document is made available electronically by the Minnesota Legislative Reference Library as part of an ongoing digital archiving project. http://www.leg.state.mn.us/lrl/lrl.asp 2018 Annual Report
More informationMilwaukee's Housing Crisis: Housing Affordability and Mortgage Lending Practices
University of Wisconsin Milwaukee UWM Digital Commons ETI Publications Employment Training Institute 2007 Milwaukee's Housing Crisis: Housing Affordability and Mortgage Lending Practices John Pawasarat
More information31% 41% 11% 50% 18% PROFILE ASSETS & OPPORTUNITY PROFILE: SAN FRANCISCO KEY HIGHLIGHTS ABOUT THE PROFILE ASSETS & OPPORTUNITY
ASSETS & OPPORTUNITY PROFILE: SAN FRANCISCO ASSETS & OPPORTUNITY PROFILE KEY HIGHLIGHTS 31% of San Francisco residents live in asset poverty Cities have long been thought of as places of opportunity for
More informationHomeownership Protection: Property Taxes Foreclosure Prevention Avoiding Home Scams
Building Generational Wealth Webcast Homeownership Protection: Property Taxes Foreclosure Prevention Avoiding Home Scams Sarah Stein, Staff Attorney, Atlanta Legal Aid Darrius Woods, Equal Justice Works
More informationHousing Partnership is a HUD Approved Nonprofit Organization
Dear Homeowner(s): Congratulations for taking that tough first step and contacting the Housing Partnership about your mortgage. There is no charge for this program and we advise you consider working with
More informationThank you for choosing Southeast CDC for Housing Counseling. We hope to help you make one of the most important purchases of your life.
Page 1 of 10 Dear Home Buyer, Thank you for choosing Southeast CDC for Housing Counseling. We hope to help you make one of the most important purchases of your life. Southeast Community Development Corporation
More informationTwin Cities Area Economic and Business Conditions Report - Second Quarter 2015
St. Cloud State University therepository at St. Cloud State Twin Cities Minnesota Economic and Business Conditions Report Minnesota Regional Economic and Business Conditions Report 9- Twin Cities Area
More informationAppendix Table 1: Rate of Uninsurance by Select Demographics (2015 to 2017)
Appendix Table 1: Rate of Uninsurance by Select Demographics (2015 to 2017) Appendix Table 1: Rate of Uninsurance by Uninsurance Rate Select Demographics (2015 to 2017) 2015 2017 Statewide 4.3% 6.3% *
More informationRE: Servicer Compliance with Newly Enacted Statutory Changes to the New York State Mortgage Foreclosure Law / Chapter 507 of the Laws of 2009
By E mail March 2, 2010 RE: Servicer Compliance with Newly Enacted Statutory Changes to the New York State Mortgage Foreclosure Law / Chapter 507 of the Laws of 2009 Dear SONYMA Servicer: On December 15,
More informationThe Foreclosure Crisis in NYC: Patterns, Origins, and Solutions. Ingrid Gould Ellen
The Foreclosure Crisis in NYC: Patterns, Origins, and Solutions Ingrid Gould Ellen Reasons for Rise in Foreclosures Risky underwriting Over-leveraged borrowers High debt to income ratios Economic downturn
More informationFannie Mae Reports Third-Quarter 2010 Results
Resource Center: 1-800-732-6643 Contacts: Number: Todd Davenport 202-752-5115 5214a Date: November 5, 2010 Fannie Mae Reports Third-Quarter 2010 Results Net Loss of $1.3 Billion Reflects Stabilizing Credit-Related
More informationWhat is Asset Building?
What is Asset Building? April 25, 2013, 3:30 pm EDT and April 29, 2013, 3:30 pm EDT Asset Building Policy Network (ABPN) Housekeeping All participants are muted for recording purposes; presentation will
More informationThe Obama Administration s Efforts To Stabilize the Housing Market and Help American Homeowners
The Obama Administration s Efforts To Stabilize the Housing Market and Help American Homeowners February 2015 U.S. Department of Housing and Urban Development Office of Policy Development and Research
More informationCommunity. Assessment. Summary Report
Community 2014 Assessment Summary Report Executive Summary Background The 2014 Central Missouri Community Action Needs Assessment is a report on the demographics, needs and trends affecting the eight counties
More informationForeclosure Avoidance Research II A follow-up to the 2005 benchmark study
Foreclosure Avoidance Research II A follow-up to the 2005 benchmark study Copyright 2008 Freddie Mac. All Rights Reserved. Research Objective Lenders are unable to contact borrowers in more than half of
More informationCity of Eden Prairie First Time Homebuyer Program
Part I: GENERAL PROGRAM DESCRIPTION Program Overview City of Eden Prairie First Time Homebuyer Program The Eden Prairie Office of Housing & Community Services (OHCS) offers a financial assistance program
More informationHow to stop, avoid, or navigate through a foreclosure
How to stop, avoid, or navigate through a foreclosure Table of contents In this blueprint we ve mapped out the best options for you to receive the help you deserve. 1. Introduction 2. Understanding The
More informationThe Current Foreclosure Crisis Trends and Roadblocks to Recovery
The Current Foreclosure Crisis Trends and Roadblocks to Recovery American Planning Association February 22, 2011 Geoff Smith Senior Vice President Woodstock Institute Chicago, Illinois gsmith@woodstockinst.org
More informationPREPARED REMARKS FOR DAVID H. STEVENS ASSISTANT SECRETARY FOR HOUSING FHA COMMISSIONER U.S
PREPARED REMARKS FOR DAVID H. STEVENS ASSISTANT SECRETARY FOR HOUSING FHA COMMISSIONER U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AT THE THE WORLD BANK 4 TH GLOBAL CONFERENCE ON HOUSING FINANCE IN
More informationExpanding Homeownership Responsibly with Freddie Mac Home Possible
Expanding Homeownership Responsibly with Freddie Mac Home Possible March 23, 2017 A Better Freddie Mac and a better housing finance system For families...innovating to improve the liquidity, stability
More informationWho is Lending and Who is Getting Loans?
Trends in 1-4 Family Lending in New York City An ANHD White Paper February 2016 As much as New York City is a city of renters, nearly a third of New Yorkers own their own homes. Responsible, affordable
More informationMetropolitan Area Economic and Business Conditions Report First Quarter 2014
Metropolitan Area Economic and Business Conditions Report First Quarter TABLE OF CONTENTS Executive Summary...1 Twin Cities Leading Economic Indicators Index...2 Twin Cities Business Filings...4 Twin Cities
More information