Mortgages

Return to Housing issues page.

Subscribe to The Latest

The LATEST

    • Stateline Story
    October 26, 2011
    image description

    A year ago, all 50 states launched an investigation into some of the nation's biggest banks, accusing them of using illegal practices to cheat homeowners and worsen the foreclosure crisis. In this explainer, Stateline examines the states' investigation and its potential outcomes. more

    • Stateline Story
    August 28, 2008
    image description

    Aug. 28, 2008, 6:00 p.m. EDT Q. What serious issue in your state would you like the next president to address? Florida on the mortgage crisisI live in Florida, so where should I start? The mortgage crisis, the insurance crisis, the lack of confidence in FEMA (Federal Emergency Management Agency) being there to help people in an emergency … It just doesn't seem like McCain gets it, that these are real problems, that they affect real people. I guess if you have seven houses and one of the mortgages get foreclosed on, you just go to one of your other ones. I don't think (McCain) has thought through the mortgage crisis and the ramifications it has. If people are foreclosed, then neighborhoods go into decline. Just because I still have my job and my house is occupied and my neighbor loses his, suddenly the yard isn't cut and it becomes a haven for crime. It affects everybody and everything. It affects the schools in the area. I just don't think he gets that. -Florida delegate Lisa King, 45, of Jacksonville, interviewed by Pamela M. Prah, Stateline.org Pennsylvania on the economyWe come from a rural area mainly, in Adams County, Pennsylvania. We have farmlands etc. and working families struggling to pay for gas, food, clothing for their children and health care. Most people don't have health care in this region. We need to fix the economy and Barack Obama has promised us, and we have the faith that he will do this for us. -Pennsylvania delegate Patricia Manning, 66, Hamilton Township, interviewed by Pamela M. Prah, Stateline.org AFTER THE JUMP: Audio from the Stateline.org interviews with King and Manning Comments
    more

    • Stateline Story
    January 4, 2008
    image description

    States have a new tool to regulate mortgage companies and access their track records, including information on companies punished in other states for fraud or predatory lending.
    more

    • Stateline Story
    December 7, 2007
    image description

    States are in the forefront of policymaking to minimize damage from the mortgage meltdown. Although President George W. Bush on Thursday (Dec. 6) announced a groundbreaking agreement with major lenders to temporarily freeze sub-prime interest rates that are set to rise, California Gov. Arnold Schwarzenegger got there first: He unveiled a similar deal last month.
    more

PCS.PRODUCTION.1.20140221.1210 (PEWSUWVMWAPP02)