(Reuters) – Four years after the banking system nearly collapsed from reckless mortgage lending, federal prosecutors have stayed on the sidelines, even as judges around the country are pointing fingers at possible wrongdoing.
via Reuters.
Dec 24
The law was created to target residential buildings illegally converted into makeshift hotels, but still applies to those who rent out their room for a night or two on popular sites like Airbnb.com.
Sep 15
Stuck with homes they no longer live in but cant sell, owners who dont want to walk away are reluctantly resorting to renting them out to try to cover expenses.
via StarTribune.com.
Sep 15
A federal housing agency is accusing a western Wisconsin landlord of refusing to rent a rural house to a single mother because there was no man to live with her “to shovel the snow,” but the property owner said Saturday that she was simply watching out for the womans welfare.
“Fairness dictates, and the Fair Housing Act requires, that housing decisions not be based on outmoded stereotypes of people’s `place’ in our society,”
via Journal Times.
Aug 18
You’d have to think that, at some point, the Commerce Department is going to lose interest in reporting the monthly housing starts data since, if the graphic below were an EKG, the patient would clearly be dead.
via Seeking Alpha.
Jul 26
The Obama administration is examining ways to pull foreclosed properties off the market and rent them to help stabilize the housing market, according to people familiar with the matter.
via WSJ.com.
Jul 25
The Neighborhood Assistance Corporation of America (NACA), who claims to be the largest homeownership organization in America is criticizing President Obama and the U.S. Department of Housing and Urban Development claiming both have been ineffective in helping the American homeowners.
via agentgenius
