Mortgage Crisis

It's been a while since 2008, and a new crop of homeowners is colonizing the far-flung exurbs. Mostly foreclosed and even abandoned last time around, the exurbs are still a risky buy.
Jul 30, 2015   Bloomberg Business
The Bush Administration's ideology of homeownership combined with a lack of oversight contributed significantly to the collapse of the housing market and the present economic crisis, according to this New York Times investigation.
Dec 22, 2008   New York Times
With a record amount of commercial real-estate debt coming due, some of the country's biggest property developers have become the latest to go hat-in-hand to the government for assistance.
Dec 22, 2008   The Wall St. Journal
It is a confusing time for cities and the people who work for them. On the one hand, the recent election showed a groundswell of support for new investment in infrastructure. Exclusive
Dec 4, 2008  By Nate Berg
Vallejo, CA declared bankruptcy last spring, felled by fiscal mismanagement and falling property taxes. Cities around the country are looking to Vallejo's example as they teeter near the edge.
Nov 26, 2008   Governing Magazine
Latest figures are indicating that as many as 4 in 10 mortgage holders in America could soon be "underwater," with the potential for millions to simply walk away.
Nov 25, 2008   McClatchey Newspapers
Des Moines, IA is one of 28 metropolitan areas that have seen home prices go up in the third quarter, according to the National Association of Realtors.
Nov 24, 2008   The Des Moines Register
An industry expert predicted at ULI's fall meeting that the new home market could pick back up by 2010, followed by a rally in the resale market in 2011.
Nov 14, 2008   ULI's The Ground Floor
The Department of Housing and Urban Development says the new rules will help buyers understand broker's fees will limit fee increases, and they are currently seeking legislation to give them the power to enforce the rules.
Nov 13, 2008   The Wall St. Journal
Almost 90% of the homeowners in Mountain House, CA, a planned smart growth community in the Central Valley, owe more on their mortgages than their homes are worth- the highest percentage in the country.
Nov 11, 2008   The New York Times
Afraid of losing their investment in a down market, homeowners aren't moving out of their neighborhoods - even if their jobs do.
Nov 10, 2008   The Christian Science Monitor