Hundreds of families, most of whom did not have flood insurance, have been added to the already swelling numbers of homeless in Memphis and other parts of Shelby County.
Chase and several other banks, including Morgan Stanley and Deutsche Bank, in addition to overcharging, forced military families out of their homes during the financial meltdown.
Over a dozen banks will compensate victims for losses that occured as a result of mistakes on foreclosures according to an agreement reached with government regulators today.
If the state's foreclosure rate continues unchecked, the combined costs to homeowners, the property tax base, and local governments could reach $1 trillion.
On Friday close to one thousand Chicagoans turned out at the Illinois State Office Building hopping mad about planned federal budget cuts proposed for HUD (Department of Housing and Urban Development).
A controversy is brewing over Gov. Jerry Brown's proposal to do away with local Redevelopment Agencies and return their functions to local governments.
More than 75,000 veterans were homeless on a single night in January 2009, and more than 130,000 veterans spent at least one night in a homeless shelter that year, a new government report says.
The gathering was the latest in a series of actions Quan has initiated as part of her goal to be a "people's mayor."
The Great Recession resulted in a significant increase in homelessness according to the National Alliance to End Homelessness.
Midterm elections are next week and union construction jobs are up for grabs in California. Nonunion building contractors in the state, hungry for a bigger share of public sector projects in the wake of the building bust, have taken their fight with labor to the ballot box.