https://www.enterprisecommunity.org/blog/2019/02/understanding-latest-housing-finance-reform-outline From Enterprise Community Partners: Last Friday, Senator Mike Crapo (R-ID) released an outline for reform of the housing finance system that would convert Fannie Mae and Freddie Mac (collectively, the government sponsored enterprises, or GSEs) into private guarantors of mortgage-backed securities (MBS) that would then be sold through a platform operated by Ginnie Mae. […]

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An oldie but a goodie! Let’s remember that after our HSC committee members sent in letters to the CFPB they forced Fannie Mae to ban the largest companies perpetuating contract-for-deeds in the country. Fannie Mae sold foreclosed homes in bulk to companies post-bailout as the structure of Fannie Mae changes under new housing finance reforms. […]

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Conclusion: Thinking about the new wave of land installment contract purveyors as simply a resurgence of the Traditional Land Installment Contract Scheme, where the goal is to churn through as many buyers as possible, is a potentially simplistic view of the phenomenon of residential land installment contracts. Of course, there are reasons to doubt the […]

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This is a critical report on how renters are processed in the Baltimore courts and their recommendations.

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BY Joel Kurth, The Detroit News (2/29/2016). It seemed like a sweet ticket to the American dream for Douglas Todd. Put $1,400 down, make monthly payments of $400 and own a house within five years. So he told his daughter, who also agreed to buy a home in northwest Detroit last year for similar terms. Now, after seven […]

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Coalition holds protest at Wayne County treasurer’s home, urging him to spare family homes from tax auction Source: Protestes call on treasurer to save family homes

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