In the media

D.C. foreclosure law is too weak to protect homeowners

Published in Tuesday January 7th, 2014 In In the media

The D.C. Council recently revised the foreclosure mediation law it passed three years ago. Known as the Saving D.C. Homes From Foreclosure Act of 2010, the law was created to address the foreclosure crisis in the District. But in tinkering with the measure, the council avoided the basic issue: The District needs a strong foreclosure law that protects consumers.

Tags ,

15,000 squatters to be kicked out in Keiyo

Published in Tuesday January 7th, 2014 In In the media

County commissioner Arthur Osiya has said the squatters will not be given extra time to continue living in the forests as they had been paid Sh400,000 per family to buy land elsewhere.

Mortgage rise will plunge a million homeowners into ‘perilous debt’

Published in Tuesday January 7th, 2014 In In the media

According to a new report from an influential thinktank, the Resolution Foundation, even in the most optimistic scenario – in which interest rates rise slowly to 3% by 2018 and economic growth is strong and well-distributed between the rich and poor – 1.12 million homeowners will be spending more than half of their take-home pay on mortgage repayments – this is a widely accepted indicator of over-indebtedness.

Tags ,

High Court judge stops Ruai evictions as 3,000 squatters fight for their land

Published in Monday January 6th, 2014 In In the media

Fugicha said they have occupied the land for the last 14 years without interruption and want the judge stop any eviction. “The defendants intend to evict us and we pray that this court restrains them,” Fugicha said. He said in the interest of justice so that their property is not damaged, the court should protect them.

Tags

Chicago signs legislation giving homeoweners more time to avoid foreclosure

Published in Monday January 6th, 2014 In In the media

Because of the state’s continued high unemployment during Quinn’s term, the bill signed Thursday extends the law through the Dec. 31, 2015 deadline for the loan modification program.

Tags , ,

New Jersey foreclosure pipeline remains clogged

Published in Monday January 6th, 2014 In In the media

The number of homes entering foreclosure across the nation is at its lowest level in years, but a persistent backlog has left New Jersey stuck at year’s end with the nation’s second-largest percentage of homes in some stage of foreclosure. Nearly 7 percent of New Jersey homes are in the foreclosure pipeline, behind only Florida.

Tags ,

Projects Under Scrutiny Displace Istanbul’s Poor

Published in Monday January 6th, 2014 In In the media

On the narrow streets that slope from one of Istanbul’s hills toward the shoreline of the Golden Horn waterway, old wooden houses where military officers of the Ottoman Empire lived are being painstakingly refurbished to their original design. Before the officers arrived, the area, which includes the city’s biggest mosque, was for centuries a center of Islamic scholarship.

Tags

Give Women Priority in Land Allocation, says Chief Chiwala

Published in Monday January 6th, 2014 In In the media

Chief Chiwala of the Lamba-speaking people in Masaiti District has said women should be given priority in land allocation because they are the main drivers of agriculture.

Tags

High court blocks Elgeyo Marakwet squatters’ eviction

Published in Monday January 6th, 2014 In In the media

Justice Ochieng issued an injunction stopping the eviction after an application filed by Lawyer Thomas Openda for the families. They squatters want the state to give them more time so that they prepare to vacate from the forests later.

Leading the Charge Against Spain’s Mortgage Crisis

Published in Saturday December 21st, 2013 In In the media

A few years ago, Ms. Colau was an unknown in Spain. But these days, her work defending homeowners who have fallen behind on their mortgages has made her a household name, and she is often stopped on the street by strangers offering encouragement.

Tags , ,