foreclosures
Tough rental market hits families hard
For months, Jamie Steward thought the recession just meant fewer customers for the small auto repair business she ran out of her garage.
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Blight Fight: Minneapolis, St. Paul receive housing bucks, but who benefits?
It’s nearly impossible to travel through Minneapolis and not witness the remains of the foreclosure crisis. Entire streets are left empty and dark. Historic homes have been turned into picked-apart skeletons. And as one foreclosure unfolds, its seeds take root in neighboring homes and streets, causing home prices to plummet and the mortgage mess to accelerate.MORE »
Strip and steal tactics hurt Minneapolis homes and neighborhoods
When David Piehl arrived at home at about noon on September 19, he checked the nearby Regan house to make sure it looked okay. He went inside his own home, and when he came back out about 2:30 p.m., he saw that the stained glass was gone from his neighbor's house.
"My heart just sank," he recalls.MORE »
Minnesota foreclosures rise 42 percent in September
A recent report by RealtyTrac reveals that Minnesota foreclosures rose 42 percent in September compared to foreclosure filings during the same period in 2007. Overall there were 2,144 foreclosure filings in Minnesota during September, placing Minnesota 26th in the nation for foreclosure filings that month.MORE »
Q: How do homeowners fit into the bailout? A: They don’t
Remember when the Bush administration touted its HOPE NOW plan for homeowners? The bill promised to help struggling homeowners who had “good” credit, e.g., only those who weren’t in subprime loans or so behind on mortgage payments their credit scores had become tarnished, have the possibility dangled in front of them of working their way into a new FHA loan.MORE »
workaround
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