Mortgages

Workers on a trolley at 5 p.m. in Baltimore, April 1943. Marjory Collins/Library of Congress, CC BY-ND by Nicholas Dagen Bloom, Hunter College Since the 1940s,...

Would the person responsible for the fate of the U.S. economy please raise his hand? AP Photo/Patrick Semansky by D. Brian Blank, Mississippi State University The Federal...

As we have celebrated the birthday and contribution of Dr. Martin Luther King, Jr., one has to be concerned about the America that has...

PHILADELPHIA (AP) — Philadelphia is suing Wells Fargo & Co., claiming the bank overcharged more than 1,000 minority homeowners on mortgage loans since 2004. Philly.com...

When it comes to assessing the nation’s housing industry, one key measure that all housing industry stakeholders take note of is the annual Home...

WASHINGTON (AP) — President Barack Obama and first lady Michelle Obama reported assets worth between $1.8 million and $7 million for last year, little...

Ron Kitt stands near his flower stand in front of the Federal Center South West Metro stop in Washington, Friday, Oct. 4, 2013....

HARRY C. ALFORD (NNPA)—It is now five years since the great financial crisis of 2008, which saw housing markets plummet, the stock market swoon, and millions of Americans lose their jobs in the wake of the recession that ensued. While many sectors have recovered—for example, the stock market has eclipsed pre-crisis levels and we are once again creating new jobs, albeit at too slow a rate—one area still lags woefully behind. There are still tens of millions of homeowners with underwater mortgages and millions of Americans struggling or unable to afford the payments on their mortgage loans. A very high number of them are Black.