Crise financeira

AARP Study Say Ethnic Elders Slammed Hardest by Foreclosures

Published in Thursday July 19th, 2012 In In the media

19 de julho de 2012 The mortgage crisis has slammed every age group—especially the oldest Americans 75-plus—and has hit Latino and African American seniors and their families the hardest, according to a study being released today by AARP. About 1.5 million people ages 50 or older lost their homes to foreclosure from 2007 to 2011, […]

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California foreclosure overhaul signed into law in the United States

Published in Thursday July 12th, 2012 In In the media

Last week, California lawmakers passed the legislation that would provide homeowners with some of the nation’s strongest protections from foreclosure and aggressive bank practices. For instance, seizing a home while the owner is negotiating to lower mortgage payments will be restricted. At a signing ceremony in downtown Los Angeles, Brown said that the measures were an important step for an economy still suffering the fallout of the subprime mortgage crisis and housing bust.

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For black Americans, financial damage from subprime implosion is likely to last

Published in Sunday July 8th, 2012 In In the media

The implosion of the subprime lending market has left a scar on the finances of black Americans — one that not only has wiped out a generation of economic progress but could leave them at a financial disadvantage for decades. At issue are the largely invisible but profoundly influential three-digit credit scores that help determine who can buy a car, finance a college education or own a home. The scores are based on consumers’ financial history and suffer when they fall behind on their bills. For blacks, the picture since the recession has been particularly grim.

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In the US, California lawmakers pass historic foreclosure protections

Published in Tuesday July 3rd, 2012 In In the media

(Português) State lawmakers approve what would be the nation’s strongest legislation to help financially troubled borrowers stay in their homes. Gov. Jerry Brown is expected to sign them this week or next. The legislation would make California the first state to prohibit lenders from “dual tracking”, the practice of negotiating with clients to modify a mortgage so that payments become more affordable while simultaneously pursuing foreclosure.

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A chance to reduce foreclosure abuse in the USA

Published in Monday July 2nd, 2012 In In the media

July 2nd, 2012 The state with the biggest home foreclosure problem is finally on the verge of adopting new rules to ease the crisis. The overdue changes fix lending abuses that threaten to kick thousands out of their homes. Since 2008, when the housing bubble began deflating, some half million homeowners have landed in foreclosure and […]

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In the US, Latinos are hit hard by foreclosure spike

Published in Wednesday June 27th, 2012

June 25, 2012 Watch here the report made by CNN Money about how the economic crisis has affected the Latino population in the US, specially regarding foreclosures.   Source: CNN

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In New Zealand, housing is a problem beyond politics

Published in Monday June 25th, 2012 In Opinion

Decent, affordable housing is a basic human right. In the second of a five-part series, David Killick argues Christchurch needs practical housing solutions – now and for the future.

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Call to convergence for Rio+20

Published in Thursday June 14th, 2012 In Social movement news

A paradigm shift for just, democratic and sustainable territories: Urban and the agrarian reform, now! Source: Habitat International Coalition If your organization or movement would like to sign this Call, please send us an email to gs@hic-net.org International networks and organizations of inhabitants for urban reform and habitat rights will participate in the People’s Summit against […]

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Spanish banks keep evicting

Published in Thursday June 14th, 2012 In In the media

June 14, 2012 Spaniards every day protest against eviction from homes – homes bought on credit – credit under terms their banks convinced them were within their means. Most of the hundreds of thousands of evictions in the past several years have been families with children. These people shout: “We’re not scared!” And, holding up their […]

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Crisis draws squatter to Spain’s empty buildings

Published in Monday May 28th, 2012 In In the media

May 28, 2012 Sleeping on inflatable mattresses with just a few boxes to hold their belongings, 32 families have occupied an empty new apartment block in Seville in southern Spain to put a roof over their heads after being thrown out of their own homes. They share a single cooker and a cheap brown sofa […]

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