housing crisis

Dr. Maya Rockeymoore – the head of Global Policy Solutions, a Washington, D.C.-based policy firm – said in a recent opinion piece that Sunday’s Democratic presidential debate sponsored by the Congressional Black Caucus Institute whitewashed the Black agenda. Rockeymoore stated in her op-ed, “Amidst outrage about the Academy Awards whitewashing the Oscars, NBC News has managed to […]

The majority of Americans obtain wealth through homeownership. During the housing and foreclosure crisis, African-Americans lost 53 percent of all Black wealth as a result,…

The National Association of Real Estate Brokers’ State of Housing In Black America Report revealed some very shocking statistics as it relates to home ownership…

A Las Vegas family is in custody after authorities found 61 marijuana plants growing in their foreclosed home. Fredrica Ballard and her family’s four-bedroom rental home is among 130 residents busted by police in the area this year. See also: Delois Blakely: ‘Sister Act’ Lawsuit Alleges Disney, Sony Stole Her Story See also: Travel Deal of the Week: […]

President Obama unveiled changes to the Home Affordable Refinance Program in a campaign stop in Nevada yesterday. A city which has been hit hard by the housing crisis. Also read: When I Studied Abroad: Morocco Also read: Best Places to Travel Alone: Australia Also read: Travel Deal of the Week: San Juan, Puerto Rico HARP, […]

Roland Martin talks with Secretary of Housing and Development, Shaun Donovan about the housing crisis, home foreclosures and the White House’s plan to confront the problem. TJMS: Sec. Shaun Donovan Discusses Home Foreclosure Crisis & White House Plans To Help Homeowners by Roland S Martin on Mixcloud

Despite claims of economic upturn, housing prices fell in March to their lowest point since the real estate bubble burst, new data says. Standard & Poor’s Case-Shiller Home Price Index reports 12 of the 20 cities included in the data suffered new recession lows in March. The desire to own your own home, long a […]

The spate of foreclosures that led to the housing crisis was triggered by predatory lenders targeting poor minority neighborhoods, according to a new study cited by Reuters.

WASHINGTON — The Obama administration is providing $3 billion to unemployed homeowners facing foreclosure in the nation’s toughest job markets.