Trumka: Big Banks' payment on mortgage settlement good first step
A $26.5 billion settlement between the states' attorneys general and big banks over the financial finagling with mortgage-backed securities is a good first step, AFL-CIO President Richard Trumka says.
Oakland police arrest hundreds of Occupy protesters
Police arrested some 400 demonstrators Jan. 28 in response to the latest attempt by Occupy Oakland activists to occupy a vacant building and establish a new encampment there.
Sweetheart deal or fair deal on housing?
After months of negotiation with big banks, the White House may announce a settlement that would let the banks off the hook for their role in the foreclosure crisis.
Foreclosures set to rise in 2012
The slight dip in foreclosure rates in 2011 was not the beginning of a trend towards reversal of the mortgage crisis.
Tenants' struggles heat up at the Chelsea hotel
These days there is a noticeable fine dust permeating the air throughout this historic landmark hotel. One tenant walked into his bathroom to find that the ceiling had collapsed.
Tenants get together and fight slumlord
Doyle Gardens sounds like it might be a pleasant apartment complex, where residents stroll down walkways between flowerbeds surrounded by greenery. Its name is a lie.
Untimely storm tests the resolve of Occupy Wall Street
Walking through Liberty Plaza Park (Zuccotti Park) Sunday, October 30, the day after an untimely winter storm, gave proof that Occupy Wall Street is here to stay.
Who owns foreclosed homes in Mass.? No one seems to know
A new and potentially significant wrinkle was added to the ongoing crisis in the housing market.
Groups demand Bank of America stop foreclosures, pay taxes
BOA made $10 billion in profits last year. However, they paid nothing in taxes.
For New Orleans, Brad Pitt houses were not enough
Some of the gleaming new structures sit opposite desolate, abandoned lots while others are sandwiched in between crumbling houses to which no one has returned.
