Download or read book A Dream Foreclosed written by Laura Gottesdiener and published by Zuccotti Park Press. This book was released on 2013 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: A moving exploration of homeownership, freedom, and the American Dream in light of the ongoing financial crisis and mass foreclosure.
Download or read book Foreclosing the Dream written by William Lucy and published by Routledge. This book was released on 2017-11-08 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: That America entered a profound housing crisis in 2008 is well known. The wave of foreclosures that began to sweep the nation has had radical economic effects. But the force, ramifications, and implications for communities across America have never been spelled out as clearly and thoroughly as they are in this volume. As he did in Tomorrow's Cities, Tomorrow's Suburbs, the author has taken a clear-eyed and meticulous look at the latest data and found lessons that the mainstream discussion has overlooked - particularly with regard to the spatial and demographic implications of the housing crisis. The housing market did not collapse uniformly, and the pain has not been felt equally in all age groups. Planners, public officials, activists, students, and others will benefit from the author's's analysis of the real shape of the crisis, for what happens next will reflect these inequities. The author pulls no punches in this taut, readable assessment of what the crisis will mean for the shapes of our exurbs, older suburbs, and central cities.
Download or read book Foreclosed Rehousing the American Dream written by and published by The Museum of Modern Art. This book was released on with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Foreclosure Nation written by Shari B. Olefson and published by Prometheus Books. This book was released on 2009-12-04 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt: The family residence is the backbone of the American economy, the most valuable and enduring asset for those who have achieved a financial foothold. Yet today record numbers of households confront foreclosure. In the next year it is estimated that over two million Americans will lose their homes and almost two billion dollars of wealth will disappear in the process. How did the traditional "American Dream" morph into a nightmare for so many? Real estate attorney and educator Shari B. Olefson, a recognized expert in the current mortgage crisis and its effects on homeowners, explains how America slipped to the edge of this dangerous stagnation-recession precipice. In plain language that is easily understandable to the average person, she clarifies legal and financial terminology and describes how our country’s mortgage system really works. Utilizing real-life lender and borrower interviews, she exposes its intrinsic flaws and often discriminatory practices, from the mortgage application process to the securitization of bundled mortgages by large investment firms. She also provides evidence to show the government’s and Wall Street’s roles in both causing and solving the problem. Above all, Olefson offers expert tips, tools, and resources to help you: • Choose a mortgage professional and understand what’s motivating him or her • Decide what mortgage product fits best and when to refinance • Get the best fees, interest rate, and service • Create your own solutions for navigating the credit crunch • Know what to do when you can’t afford your mortgage • Protect your home if you are at risk of foreclosure • Understand how to proceed if you are already in foreclosure • Capitalize on emerging opportunities and avoid the scams and mortgage fraud • Prepare for coming changes Foreclosure Nation demystifies the real estate bubble and the subprime mortgage crises that followed. With bold, clear visuals like inventory, absorption, and price trend graphs, Olefson pinpoints exactly when and why experts are predicting a recovery. She also cites statistics that strongly suggest the number of foreclosures will surge in the fall of 2008 and again in 2009, with increased reverberations felt throughout the US and global economies. Foreclosure Nation will prove indispensable to explaining what is happening and guiding readers through. Whether you are planning on buying your first home, struggling to meet your current mortgage payments, facing foreclosure, or wondering how your investments will be affected, this comprehensive book will assuage the fear of the unknown, empowering you to make wise choices and protect your most valuable assets.
Download or read book American Nightmare written by Richard Lord and published by . This book was released on 2005 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Homeowners who can't borrow from banks have long turned to the subprime lending industry for mortgages. Increasingly, that industry has turned on them by charging outrageous fees and usurious interest, and then taking their homes through foreclosure. Richard Lord explores the spread of predatory lending practices. And it tells the stories of borrowers who've been taken, contractors and brokers who've been co-opted, lenders who've cheated--and the world's biggest financial titans, who've cashed in. A battle is taking shape that could determine whether home ownership for working people will be an achievable dream or an American nightmare. Richard Lord is a writer for the "Pittsburgh City Paper" whose work on subprime lending has won numerous awards.
Download or read book The Foreclosure of America written by Adam Michaelson and published by Penguin. This book was released on 2009 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: "When business school classes study this collapse in hindsight many years from now..., they will certainly pore through reams of rich data, charts, and graphs, and seek out various flaws in the present-day business models, looking for what went wrong, and
Download or read book Underwater written by Ryan Dezember and published by Macmillan + ORM. This book was released on 2020-07-14 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner of the Bruss Real Estate Book Award His assignment was to write about a real-estate frenzy lighting up the Redneck Riviera. So Ryan Dezember settled in and bought a home nearby himself. Then the market crashed, and he became one of the millions of Americans who suddenly owed more on their homes than they were worth. A flood of foreclosures made it impossible to sell. It didn't help that his quaint neighborhood fell into disrepair and drug-induced despair. He had no choice but to become a reluctant and wildly unprofitable landlord to move on. Meanwhile, his reporting showed how the speculative mania that caused the crash opened the U.S. housing market to a much larger breed of investors. In this deeply personal story, Dezember shows how decisions on Wall Street and in Washington played out on his street in a corner of the Sunbelt that was convulsed by the foreclosure crisis. Readers will witness the housing market collapse from Dezember’s perch as a newspaper reporter. First he’s in the boom-to-bust South where a hot-air balloonist named Bob Shallow becomes one of the world’s top selling real-estate agents arranging condo flips, developers flop in spectacular fashion and the law catches up with a beach-town mayor on the take. Later he’s in New York, among financiers like Blackstone’s Stephen Schwarzman who are building rental empires out of foreclosures, staking claim to the bastion of middle-class wealth: the single-family home. Through it all, Dezember is an underwater homeowner caught up in the mess. A cautionary tale of Wall Street's push to turn homes into assets, Underwater is a powerful, incisive story that chronicles the crash and its aftermath from a fresh perspective—the forgotten, middle-class homeowner.
Download or read book Homewreckers written by Aaron Glantz and published by HarperCollins. This book was released on 2019-10-15 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: “[I] can’t recommend this joint enough. ... An illuminating and discomfiting read.” —Ta-Nehisi Coates "Essential reading." —New York Review of Books A shocking, heart-wrenching investigation into America’s housing crisis and the modern-day robber barons who are making a fortune off the backs of the disenfranchised working and middle class—among them, Donald Trump and his inner circle. Two years before the housing market collapsed in 2008, Donald Trump looked forward to a crash: “I sort of hope that happens because then people like me would go in and buy,” he said. But our future president wasn’t alone. While millions of Americans suffered financial loss, tycoons pounced to heartlessly seize thousands of homes—their profiteering made even easier because, as prize-winning investigative reporter Aaron Glantz reveals in Homewreckers, they often used taxpayer money—and the Obama administration’s promise to cover their losses. In Homewreckers, Glantz recounts the transformation of straightforward lending into a morass of slivered and combined mortgage “products” that could be bought and sold, accompanied by a shift in priorities and a loosening of regulations and laws that made it good business to lend money to those who wouldn’t be able to repay. Among the men who laughed their way to the bank: Trump cabinet members Steve Mnuchin and Wilbur Ross, Trump pal and confidant Tom Barrack, and billionaire Republican cash cow Steve Schwarzman. Homewreckers also brilliantly weaves together the stories of those most ravaged by the housing crisis. The result is an eye-opening expose of the greed that decimated millions and enriched a gluttonous few.
Download or read book Foreclosure Prevention Counseling written by Elizabeth Renuart and published by . This book was released on 2007 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The End of the Suburbs written by Leigh Gallagher and published by Penguin. This book was released on 2014 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in hardcover in 2013.
Download or read book Predatory Lending and the Destruction of the African American Dream written by Janis Sarra and published by Cambridge University Press. This book was released on 2020-07-09 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the Great Recession of 2008, the racial wealth gap between black and white Americans has continued to widen. In Predatory Lending and the Destruction of the African-American Dream, Janis Sarra and Cheryl Wade detail the reasons for this failure by analyzing the economic exploitation of African Americans, with a focus on predatory practices in the home mortgage context. They also examine the failure of reform and litigation efforts ostensibly aimed at addressing this form of racial discrimination. This research, augmented by first-hand narratives, provides invaluable insight into the racial wealth gap by vividly illustrating the predation that targets African-American consumers and examining the intentionally obfuscating settlement terms of cases brought by the U.S. Department of Justice, states attorneys, and municipalities. The authors conclude by offering structural, systemic changes to address predatory practices. This important work should be read by anyone seeking to understand racial inequality in the United States.
Download or read book Congressional Oversight Panel October Oversight Report written by United States. Congressional Oversight Panel and published by . This book was released on 2009 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Dispossessed written by Noelle Stout and published by University of California Press. This book was released on 2019-06-04 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the aftermath of the 2008 financial crisis, more than 14 million U.S. homeowners filed for foreclosure. Focusing on the hard-hit Sacramento Valley, Noelle Stout uncovers the predacious bureaucracy that organized the largest bank seizure of residential homes in U.S. history. Stout reveals the failure of Wall Street banks’ mortgage assistance programs—backed by over $300 billion of federal funds—to deliver on the promise of relief. Unlike the programs of the Great Depression, in which the government took on the toxic mortgage debt of Americans, corporate lenders and loan servicers ultimately denied over 70 percent of homeowner applications. In the voices of bank employees and homeowners, Stout unveils how call center representatives felt about denying appeals and shares the fears of families living on the brink of eviction. Stout discloses the impacts of rising inequality on homeowners—from whites who felt their middle-class life unraveling to communities of color who experienced a more precipitous and dire decline. Trapped in a Kafkaesque maze of mortgage assistance, borrowers began to view debt refusal as a moral response to lenders, as seemingly mundane bureaucratic dramas came to redefine the meaning of debt and dispossession.
Download or read book The Foreclosure Echo written by Linda E. Fisher and published by Cambridge University Press. This book was released on 2019-07-18 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fisher and Fox demonstrate how ordinary people experienced the foreclosure crisis and how lenders and public institutions failed to protect them.
Download or read book Foreclosure of a Dream written by Nicollas Bilatto and published by . This book was released on 2021-02-18 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is not a fiction book. It happened in Brazil. Even so it intends to be the catalyst of New Age
Download or read book Foreclosing the Dream written by William H. Lucy and published by Planners Press. This book was released on 2010-01-01 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: The housing market did not collapse uniformly, and the pain has not been felt equally in all age groups. Planners, public officials, activists, students, and others will benefit from Lucy's analysis of the real shape of the crisis, for what happens next will reflect these inequities. Lucy pulls no punches in this taut, readable assessment of what the crisis will mean for the shapes of our exurbs, older suburbs, and central cities. No responsible planner or housing professional can afford to miss this book.
Download or read book Simple Dreams written by Linda Ronstadt and published by Simon and Schuster. This book was released on 2014-09-02 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Includes discography (page 203-225) and index.
