Housing News:
It Could Impact You!
September 18, 2005--The Columbus Dispatch - BROKERED DREAMS: Ohio’s disgrace: No.1 in home foreclosures (pdf)
September 12, 2005--HOM Announces New Foreclosure Intervention Specialist Program (FIS) for Realtor Associations (pdf)
FEB. 20,2005-
Local group targets foreclosure spike
Loan defaults can contribute to, result from drop in home values
By David Smith, Journal and Courier February 20, 2005 Lafayette Journal/Courier
Read Full Release(pdf)
February 20, 2005--Lafayette Journal and Courier Article - Local group targets foreclosure spike (pdf)
Feb.9, 2005--Free Seminars Aid to Curb Foreclosures, Eric Martin, Indy Star, Wednesday, February 9, 2005
Read full Release (pdf)
Feb.8, 2005--National
City Bank of Indiana has formed a strategic partnership with Mildred
Wilkins, president of Home Ownership Matters, LLC (HOM), in an
effort to stem the tide of Indiana’s high foreclosure rate by offering
informative courses in foreclosure prevention. Through the relationship
with HOM, National City will fund the cost of consumer seminars directed
to seniors and new and prospective homeowners. The seminars will
provide information on a variety of topics surrounding homeownership,
including the purchase, sale, refinance and maintenance of a home.
Read full release...(pdf)
November 1, 2004--BusinessWeek Article - When Home Buying By The Poor Backfires (pdf)
June 7, 2004--The Star - City Must Target Abandoned Homes (pdf)
June 3, 2004--The Indy Star - Far-off house owners might prolong blight (pdf)
May 24, 2004--The Indy Star - Class-action lawsuit targets homebuilder (pdf)
January 29, 2004--The Indy Star - First-time buyers see dreams fade (pdf)
Dec.18, 2003 --
Davis Announces IHFA Funding to Educate Hoosiers
About Fair Housing
New release from IHFA website
Beware of Predatory Lenders: (pdf)
Some lenders write loans with the specific purpose of
trapping people into foreclosure, so...
by Cathy Shouse, Chronicle-Tribune, Monday, August 18, 2003
RENT TO BUY -
CASH for Houses - NEW SCAM for victimizing homebuyers and sellers
Have
you ever wondered about all those signs by the side of the road - "Rent
to Buy" or "Cash for Houses"? They're all over the place, and the
deals sound great. But the Eyewitness News Investigators looked into one
of these companies and found reason for caution. It’s a story
about how both buyers and sellers ended up losers.
The whole story online at WHTR.com July 11, 2003
This story was reported by
Roger Harvey,
produced by Gerry Lanosga and photographed and edited by Bill Ditton.
GOVERNMENT AGENCIES AND
CRITICS SCRUTINIZE FANNIE MAE BUSINESS PRACTICES
Get the whole story at
The New York Times
July 22, 2003
BUSH ADMINISTRATION PROVIDES
HOMEBUYERS NEW PROTECTION FROM PREDATORY LENDING PRACTICE
New "Anti-Flipping" Rule Holds Lenders, Sellers and Appraisers
Accountable
Read More on this story on HUD's website
5/01/2003
THE
PERFECT FORECLOSURE STORM
Hoosiers losing American dream at record rate
Complete story Indianapolis Eye News
4/21/2003 6:10 PM
November 24, 2002--New York Times - Easy Credit and Hard Times Bring a Flood of Foreclosures (pdf)
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