A really important op-ed today, in exactly the right place.
(h/t BFD)
Rokakis writes:
“A flurry of legislative proposals has come before Congress, including bills by Rep. Keith Ellison (D-Minn.) and Sens. Charles E. Schumer (D-N.Y.), Robert P. Casey Jr. (D-Pa.) and Sherrod Brown (D-Ohio).”
These bills prohibit brokers from steering home buyers into higher-priced loans and require [...]
194 sheriff’s deeds were filed with the Cuyahoga County Recorder’s Office in the past week (September 24 through September 28).
Here’s who filed five or more of them:
Federal National Mortgage Assn (19)
Deutsche Bank (19)
Dept of HUD (19)
US Bank (11)
Bank of New York (10)
Wells Fargo (8)
Lasalle Bank (8)
Federal Home Loan Mortgage Corp (7)
JP Morgan Chase (6)
Aurora Loan [...]
Two days ago Dennis Kucinich again broke ranks with most House Democrats and voted “no” on a House/Senate compromise bill that would reauthorize funding of the State Children’s Health Insurance Program (SCHIP) with expanded income eligibility. The Bush Administration intends to veto the bill, and there are far too few votes in the House [...]
Ward 15 Councilman Brian Cummins wrote a long, detailed comment on yesterday’s post which for some reason got hung up in my Akismet spam blocker. But I managed to retrieve the text, which is printed below in its entirety.
Brian says that, contrary to what I wrote, the Department of Port Control is already [...]
Leaders of inner-city community organizations from nine cities in six states gathered this morning at Ernest Gardner’s house on East 113th St. to announce their new “Campaign to Save the American Dream” from predatory lending and foreclosures.
Rev. Eugene Barnes of the Central Illnois Organizing Project
outlines NTIC’s “Save the American Dream” platform.
The organizations — from Cleveland, [...]
Cleveland Police Patrolmen’s Association President Steve Loomis told City Council yesterday that the Mayor’s plan to transfer forty-five police officers from airport security to street duty, to be replaced by off-duty officers hired through a private company, is a violation of the union contract, and the union will seek to expel any members who take [...]
189 sheriff’s deeds were filed with the Cuyahoga County Recorder’s Office in the past week (September 17 through September 21).
Here’s who filed five or more of them:
Dept of HUD (26)
Deutsche Bank (22)
Federal National Mortgage Assn (17)
US Bank (14)
Wells Fargo (12)
Bank of New York (9)
Citibank (7)
Federal Home Loan Mortgage Corp (7)
JP Morgan Chase (7)
Household Realty [...]
An email from Andrew Whitehead:
Nice WSJ Interactive Graphic on Foreclosures
http://online.wsj.com/public/resources/documents/retro-MORTGAGE0807.html
Courtesy of
http://bigpicture.typepad.com/comments/2007/09/after-the-mortg.html
Mouse over a particular city or region and it gives you foreclosure stats on the choice.
Thanks, Andrew.
Coincidentally (or not), four of Deutsche Bank’s recent selloffs of foreclosed homes were to Destiny Ventures LLC, the Tulsa, OK company tried and sentenced yesterday in absentia for code violations by Housing Court Judge Ray Pianka.
Destiny Ventures bought the Harvard Avenue home in July 2006. It sold the house to another company, Younts-Moore Ltd. of [...]
Since this was posted a month ago, Deutsche Bank and Wells Fargo together have picked up another 150+ Cleveland properties through sheriff’s sales and sold off 84. As of close of business Friday (according to the Auditor’s database) our two champion foreclosers owned a grand total of 951 properties in the city — 532 owned [...]