Crise financeira

Human Rights Report Card Gives U.S. Poor Grades on Housing

The National Law Center on Homelessness & Poverty released its 2013 Human Right to Housing Report Card today, marked globally as human rights day, reviewing U.S. compliance with the human right to housing in the context of American homelessness over the past year. The report card found that while there were areas of improvement, much more needs to be done.

In Extracting Deal From JPMorgan, U.S. Aimed for Bottom Line

The deal with JPMorgan is the largest sum a single company has ever paid to the government. The bank, at the Justice Department’s insistence, also admitted to a statement of facts that outlined how it failed to fully disclose the risks of buying risky mortgage securities from 2005 to 2008.

Jury Finds Bank of America Liable in Mortgage Case

Bank of America, one of the nation’s largest banks, was found liable on Wednesday of having sold defective mortgages, a jury decision that will be seen as a victory for the government in its aggressive effort to hold banks accountable for their role in the housing crisis.

Thematic report presented at the General Assembly

On October 25, Rapporteur Raquel Rolnik presented her annual report to the UN General Assembly in New York. Know more!

“Taking Over, Taking Back”

The foreclosure crisis hit Chicago hard. It left in its wake 62,000 vacant properties in the city and more than 100,000 people living on the streets. Enter the Chicago-Anti-Eviction Campaign. The organization works to put displaced families into foreclosed homes and rebuild the communities broken down by vacant houses. Influenced by the civil disobedience of the civil rights movement, their tactics don’t always align with the law. Watch the documentary film by Jessica Murphy and Elissa Nadworny.

Half the families hit by bedroom tax ‘now in debt’

The Guardian: More than half of families hit by the bedroom tax have been pushed into debt during the first three months of the policy, leading to calls from the country’s biggest housing groups for a retreat from the scheme.

Bedroom Tax Pushes A Quarter Of Affected Households Into Rent Arrears

Huffington Post: A quarter of households hit by the ‘bedroom tax’ have been pushed into rent arrears for the first time, just five-and-a-half months after it was introduced. National Housing Federation chief executive David Orr said the figures underlined demands for the housing benefit cut to be scrapped to prevent families entering a “spiralling cycle of debt”.

Fixing the mortgage game: Hill vs. Goliath battle in Bronzeville

About five years later, Hill’s monthly statement from Saxon Mortgage Services Inc. increased by $500. According to Hill, Saxon explained it covered homeowner’s insurance, which her carrier confirmed she already had. Hill said Saxon led her to believe it would make the correction. Saxon subsequently returned her third payment of the usual amount, warning her account was now in arrears.

Thousands of Marylanders are losing homes in second wave of foreclosures

Maryland is getting a second dose of the housing crisis — a sequel that foreclosure experts and state officials knew was coming but no one wanted to see.

Special Rapporteur discusses right to housing with the European Investment Bank

Read about the Special Rapporteur’s visit to the European Investment Bank in Luxembourg.