November 30, 2007 By: Brian Dickerson Nov. 30–In the 17th Century, Londoners traced the course of the Black Plague by reading bills of mortality posted in the city’s public thoroughfares. In 2007, metro Detroiters are consulting the Internet to...
November 29, 2007 The nation’s foreclosure crisis is metastasizing, and communities are in harm’s way as property values and tax bases decline and crime increases. In the third quarter, there were 635,000 foreclosure filings, a 30 percent increase from...
November 27, 2007 By: Paul Kangas and Susie Gharib JEFF YASTINE, NIGHTLY BUSINESS REPORT ANCHOR: Stocks soar as Citigroup gets a $7.5 billion cash infusion from Abu Dhabi. Details and analysis of its stake in Citi and what that...
November 26, 2007 By: MAUREEN DOWNEY; Staff As the subprime meltdown continues, threatening Wall Street, Main Street and countless residential streets as well, consumer advocates are demanding federal intervention. The scale of the problem is large and growing. Nationwide,...
November 19, 2007 As the current mortgage crisis continues to escalate, two million families are expected to lose their homes (“U.S. property values may suffer $223 billion hit in foreclosures,” Business, Nov. 14). But in many communities throughout the...
November 18, 2007 By: Sally Duros An analysis by Chicago’s Woodstock Institute of subprime lending patterns in metro Chicago suggests the percentage of troubled loans held by real estate investors — those buying real estate for speculative purposes or...
November 18, 2007 By: Sally Duros An analysis by Chicago’s Woodstock Institute of subprime lending patterns in metro Chicago suggests the percentage of troubled loans held by real estate investors — those buying real estate for speculative purposes or...
November 18, 2007 By J.W. Elphinstone Eighty-five bungalows dot the cul-de-sac that joins West Ontario Avenue and East Ontario Avenue in Atlanta. Twenty-two are vacant, victims of mortgage fraud and foreclosure. Now house fires, prostitution, vandals and burglaries terrorize...
November 16, 2007 To the Editor: The current subprime mortgage crisis threatens millions of homeowners, the economic stability of entire communities, and the stability of national and international financial structures ....
November 14, 2007 By J.W. ELPHINSTON Eighty-five bungalows dot the cul-de-sac that joins West Ontario Avenue and East Ontario Avenue in Atlanta. Twenty-two are vacant, victims of mortgage fraud and foreclosure. Now house fires, prostitution, vandals and burglaries terrorize...