Tag Archives: mortgage crisis

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Bank of America Testing Own-to-Rental Program for Homeowners

BofA has announced plans to implement a program for homeowners at risk of foreclosure

Bank of America announced its “Mortgage to Lease” program, which will allow homeowners facing foreclosure…

By Sade K. Muhammad

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photo: Quantrell D. Colbert

Make Your Mortgage Affordable

Improve your chances of getting approved for a home loan modification

Kimberly Whitehead was just a week shy of seeing her foreclosed one-bedroom condominium in Atlanta…

By Carolyn M. Brown

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Earl G. Graves Jr., President & CEO of Black Enterprise

When A Homeownership Dream Becomes A Nightmare

By now, you’re all familiar with this story. It’s the one about how too many…

By Earl "Butch" Graves Jr.

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What Fannie’s and Freddie’s Delisting Means for Investors, Homeowners

Future of government-run mortgage companies is in doubt

With embattled mortgage purchasers Fannie Mae and Freddie Mac announcing plans to delist Wednesday, investors…

By Renita Burns

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Billions in Wealth Lost Since Foreclosure Crisis Began

African American communities to lose $193 billion by 2012

Communities of color have lost billions in wealth since the current foreclosure crisis began, according…

By Deborah Creighton Skinner

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Bank of America Offers Bailout

Help is on the way for burdened homeowners

If you have a mortgage with Bank of America, and you owe more on your…

By Sheiresa Ngo

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Bank of America Offers Bailout to Homeowners

Plans to extend $3 billion in loan forgiveness to 45,000 homeowners struggling to stay afloat

If you have a mortgage with Bank of America, and you’re extremely underwater, you just…

By Sheiresa Ngo

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Hey, Mr. President, How About A Holiday?

Let's give homeowners the option of not paying their mortgages for one full year

I am talking about a one year Mortgage Holiday where homeowners will not be required…

By Warren Ballentine

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Buying a Foreclosed Home: Good or Bad?

Though a difficult task, be informed before making a purchase

You’ve heard that the silver lining to all of the change and turmoil of the…

By Alfred Edmond, Jr.

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