A Tale of Two Recoveries

Size: px
Start display at page:

Download "A Tale of Two Recoveries"

Transcription

1 A Tale of Two Recoveries Discrimination in the Maintenance and Marketing of REO Properties National Fair Housing Alliance 2012

2 Purpose of Investigation This investigation begun by the National Fair Housing Alliance in 2009 was conducted to examine whether or not disparities based on the racial and/ethnic composition of the neighborhood existed in the maintenance and marketing practices implemented and used by major banks and preservation management companies in the care of real Estate Owned (REO) properties. Overall, REO properties have suffered from a disproportionate amount of negligence and maltreatment by banks/servicers in communities of color, and it has resulted in a litany of adverse effects on the residents of these neighborhoods. Financially and otherwise, the blight brought upon African- American and Latino neighborhoods as a result of poor maintenance and marketing practices of REOs has also affected and harmed potential homeowners, individuals who have purchased REO properties, current homeowners and the local governments that have jurisdiction over these communities of color.

3 Methodology for Investigation Neighborhoods were either predominantly White or predominantly Latino, African-American, or a combination of both. Neighborhoods selected had recent high foreclosure rates in the zip codes evaluated. 100% of REOs were evaluated within the zip codes targeted.

4 Evaluation Measures Curb Appeal Accumulated mail, trash, overgrown or dead grass/shrubbery, invasive plants Structure Unsecured/broken doors, locks, windows, damaged roof, fence, deck, holes, wood rot Signage Trespass/warning signs, bank owned, For Sale signs, broken/discarded signs, unauthorized occupancy

5 Evaluation Measures Paint/Siding Graffiti, severe peeling/chipped paint, damaged siding, missing/broken shutters Gutters Missing, out of place, broken, hanging, obstructed Water Damage Mold, water damage, erosion Utilities Tampered with or exposed

6 It s the Law

7 Federal Fair Housing Act The Fair Housing Act has two goals: to eliminate housing discrimination and to promote residential integration HUD s regulations interpreting the Fair Housing Act state: It shall be unlawful because of race, color, religion, national origin, sex, familial status or disability to restrict or attempt to restrict the choices of a person by word or conduct in seeking, negotiating for, buying or renting a dwelling so as to perpetuate segregated housing patterns, or to discourage or obstruct choices in a community, neighborhood or development.

8 Federal Fair Housing Act The differing maintenance of REO properties based on the racial or ethnic composition of neighborhoods is a violation of the Fair Housing Act. HUD s regulations clearly state that failing or delaying maintenance or repairs of sale or rental dwellings because of race... is a prohibited action under the Fair Housing Act.

9 Federal Fair Housing Act Steering by real estate agents based on neighborhood racial composition is illegal and other behavior in the sale or rental market that operates to discourage potential buyers from purchasing or renting homes, such as by failing to adequately maintain properties in communities of color, can also violate the Act. It is unlawful to make unavailable or deny housing to any person because of race, national origin... If the poor maintenance of an REO property in an African- American or Latino neighborhood makes it difficult for a potential purchaser to obtain a mortgage loan for the property or even homeowners insurance, the poor maintenance has made the housing unavailable within the meaning of the Act.

10 Overall Findings 1,036 properties evaluated for this investigation revealed a pattern of consistently poorer maintenance in communities of color than in White communities. REO properties in White communities were more likely to be marketed with the professional For Sale signs than communities of color.

11 Overall Findings Newer homes generally scored higher than older homes, but disparities still existed with non-structural factors such as curb appeal and signage. The data revealed that newer REO properties in White neighborhoods received more consistent care and were marketed better than newer properties in neighborhoods of color. REOs built after 1990 in predominantly White communities received an average score of 90, while the overall score for REO properties built after 1990 in African-American communities was an 81.

12 Overall Findings Neighborhood Surveys 30% of those surveyed in communities of color stated that they had observed routine and consistent maintenance of their neighboring REO properties. 54% of the surveys from residents in predominantly White communities reported observing routine and consistent maintenance of neighboring REOs. 20% of residents in communities of color reported seeing home improvement contractors working on the neighboring REO property. nearly 40% of neighbors in predominantly White areas stated they had seen home improvement contractors working on the neighboring REO property.

13 Overall Findings Proper maintenance and marketing of REO properties is a key factor in the sale of homes to owner-occupants. NFHA tracked 90 homes in metro DC after at least 6 months on market Properties scoring 80+ were 6.25 times more likely to bought by owner- occupant. 59% of poorly maintained REOs were bought by investors.

14 Findings By Metropolitan Areas

15 Dayton, Ohio

16

17

18 Opportunity Map

19 Dayton, Ohio Not a single REO property in African- American neighborhoods scored above 90 on the 100-point scale.

20 Dayton, Ohio 60% of REOs in African-American neighborhoods had broken or unsecured doors. Only 18% of REOs in White neighborhoods suffered from this problem.

21 Dayton, Ohio The top property is located in an African American neighborhood. It was structurally in shambles. The front door was broken down, windows were broken or missing entirely, and the outer walls were damaged. Notice leaves that were never raked. The home at the bottom is the next door neighbor. It is well maintained, but the blighted REO affects its value. Notice the mattress from REO next door.

22 Dayton, Ohio 40% of REOs in African-American neighborhoods had broken or boarded windows. Only 21% of the REO homes in White areas had windows broken or boarded.

23 Missing Gutters Fixing and replaces portions of gutters and downspouts are inexpensive repairs that preserves roofs and foundations.

24 Dayton, Ohio Marketing is a vital and necessary activity to attract owneroccupants. Too many REOs in African American neighborhoods are marketed as distressed property with auction, no trespassing and warning signs instead of For Sale signs.

25 Dayton, Ohio An alarming 84% of homes in African-American neighborhoods had no For Sale sign. How do people driving through the neighborhood even know these REOs are for sale?

26 Missing For Sale Signs

27 Dayton, Ohio REO properties in White neighborhoods are maintained better. Compare the REO on the right with the neighbor s home on the left. Both have manicured lawns, no leaves left over and are equally attractive.

28 Atlanta, Georgia

29

30 Atlanta, Georgia 187 REO homes were evaluated. 32% of REOs in African-American neighborhoods had more than 10 deficits, while not a single property in White neighborhoods had more then 10 deficits.

31 Atlanta, Georgia It was hard to score this relatively new home because the weeds, bushes and vines were so overgrown. There was a fire and clearly the bank chose not to repair the home or even continue to maintain the home.

32 Blighted REO Brings Down Whole Neighborhood REO and well maintained neighboring homes.

33 Atlanta, Georgia This REO located in a middle income Black neighborhood is board up and no routine maintenance has been performed. No repairs were completed after the fire. The neighbor s home value suffers because of the eyesore next door.

34 Atlanta, Georgia 31% of REOs in African-American neighborhoods had unsecured or broken doors. Only 14% of REOs in White areas had the same problem.

35 Accumulated Trash If the bank had performed weekly maintenance this trash would not be here.

36 Atlanta, Georgia REO properties in African-American neighborhoods were nearly 4.65 times more likely than homes in White neighborhoods to be missing a For Sale sign on the property. So if you are a buyer looking for home - you would never know these nice REOs are even for sale.

37 Again -- Failure to Market Homes in African American Neighborhoods with Professional For Sale Signs

38 Atlanta, Georgia Warnings signs are typical on REOs in Black neighborhoods.

39 Atlanta, Georgia This home reflects typical maintenance and marketing of the REO properties in White neighborhoods.

40 Miami/Fort Lauderdale, Florida

41

42 Miami/Fort Lauderdale, Florida 46% of REO properties in African -American neighborhoods had broken windows. 25% had broken or unsecured doors. 50% of REOs in Latino neighborhoods had unsecured or broken doors. 30% had broken or boarded windows. In White neighborhoods only 16% of homes had unsecured doors. 16% had broken windows.

43 Miami/Fort Lauderdale, Florida This home scored 46 = F There was damage to the outer walls both in the front and back of the home, as well as water related damage (i.e. wood rot, mold, etc.)

44 Miami/Fort Lauderdale, Florida The back doors to the home are missing and you can see straight through the home to the front doors.

45 Miami/Fort Lauderdale, Florida Missing back door and broken back door invites vandals and exposes the home to water damage from storms.

46 Miami/Fort Lauderdale, Florida Open windows and doors expose the home to storm damage and invites vandalism.

47 Miami/Fort Lauderdale, Florida Too many REOs do not have air conditioning running to reduce the humidity and stop the growth of mold. Open windows allowing moisture inside simply compounds the mold problems.

48 Trash

49 Windows and Doors Left Open

50 Home in African American Neighborhood No For Sale Sign Recently spray painted poor job No cleanup

51 Overgrown Yard

52 Miami/Fort Lauderdale, Florida Homes in White neighborhoods are generally well maintained.

53 Dallas, Texas

54

55 Dallas, Texas 115 REO Evaluated Trash on properties: 60% of REOs in African-American neighborhoods 68% of REOs in Latino neighborhoods and 73% of REOs in predominantly non-white neighborhoods had trash on their properties Only 37% of communities in White areas had the same problem.

56 Dallas, Texas 75% of REOs in African-American neighborhoods had overgrown grass, dead grass and poorly maintained lawns Only 32% of REOs in White neighborhoods suffered from this curb appeal issue.

57 Missing For Sale Sign This home is missing its for sale sign and Needs repair to damaged brick to be marketable.

58 Holes, Trash and Broken Doors invite rodents and water damage

59 Metro Washington, DC

60

61 Metro Washington DC 235 REO Evaluated REOs in African-American neighborhoods were nearly 5 times more likely to have a broken gutter and 2 times more likely to have a missing gutter than REOs in White neighborhoods. Neglecting these types of structural maintenance issues in communities of color devalues the homes and can lead to significant water damage.

62 Metro Washington DC 83% of REO properties in African-American neighborhoods had more than five maintenance problems 61% of REO properties in White neighborhoods had more than five maintenance problems. Significantly fewer REOs in White neighborhoods.

63 Overgrown lawns

64 Broken Windows, Trash, No For Sale Sign

65 REO in SE Washington, DC Removing trash and applying a coat of paint would improve this REO and stop blight in this SE DC neighborhood.

66 Baltimore Metro

67

68 Baltimore Metro 120 properties were evaluated in Baltimore City and the surrounding region, including Anne Arundel, Howard, and Baltimore Counties. 43% of Baltimore REOs in African-American neighborhoods had boarded up windows, while this only occurred in 28% of homes evaluated in White neighborhoods. 72% of REO properties in African-American neighborhoods had a significant amount of trash on the premises.

69 Baltimore Metro NFHA staff documented that in urban African-American neighborhoods in Baltimore, whole blocks were boarded up and visibly vacant, with poor curb appeal, and minimal signage. Too often for sale signs were laying on the ground and not of the same quality as found in White neighborhoods.

70 Homes in African American Neighborhoods with No For Sale Signs

71 African American REOs Overgrown Yards

72 Phoenix, Arizona

73

74 Phoenix, Arizona Phoenix, Arizona, is one of the markets hit hardest by the foreclosure crisis. 72% of REOs in Latino neighborhoods, especially Maryvale, suffer blight due to neglect by banks. 40% of homes in Latino neighborhoods had unsecured or broken doors and locks and broken or boarded windows. 0nly 6% and 19%, respectively, of homes in White neighborhoods had these maintenance problems.

75 Phoenix, Arizona 73% of REOs in Latino communities had more than 5 maintenance problems, compared to only 25% of homes in White neighborhoods. 73% of REO properties evaluated in Latino neighborhoods were missing a For Sale sign. 11% of REOs in Latino areas were marketed as distressed and only one property in a White neighborhood was marketed as distressed.

76 East Bay, California Oakland, Richmond, Concord

77

78 East Bay Area, California NFHA evaluated 140 REO properties in Oakland, Richmond, and Concord, California. REOs in Latino neighborhoods were 740% more likely to experience more than 10 deficits REOs in African-American homes were 200% more likely to experience more than 10 deficits and REOs in other communities of color were 360% more likely to experience more than 10 deficits, compared to REOs in White neighborhoods.

79 East Bay Area, California

80 East Bay Area, California REOs in the African-American neighborhoods in the East Bay Area were 3.45 times more likely to not have a For Sale sign than their White counterparts. Similarly, Latino homes were 92% less likely to be marketed with a for sale sign.

81 Trash and Overgrown Yard at Oakland REOs

82 Trash at Richmond REOs

83 None of these Richmond homes has a For Sale sign.

84 Philadelphia, PA

85

86 Philadelphia, PA 41% of homes in African-American neighborhoods had over 10 maintenance or marketing problems while none of the homes in White areas had more than 10 maintenance or marketing problems.

87 Overgrown Grass

88 Recommendations

89 Recommendations Select local vendors with experience in neighborhoods Detail expectations and incorporate oversight of all vendors Monitor marketing and sale of REOs with testing Make REO Data Transparent and Publicly Accessible on websites Use REOs to Expand Housing Opportunities Banks offer down payment assistance grants Banks remove overlays on FHA, Fannie and Freddie underwriting Stop auctions to foreign investors

Fair Housing Agencies File HUD Complaint Against Wells Fargo

Fair Housing Agencies File HUD Complaint Against Wells Fargo Fair Housing Agencies File HUD Complaint Against Wells Fargo The work that provided the basis for this publication was supported by funding under a grant with the U.S. Department of Housing and Urban Development.

More information

Fair Housing Agencies File Civil Rights Complaint Against U.S. Bancorp

Fair Housing Agencies File Civil Rights Complaint Against U.S. Bancorp Fair Housing Agencies File Civil Rights Complaint Against U.S. Bancorp The work that provided the basis for this publication was supported by funding under a grant with the U.S. Department of Housing and

More information

Fannie Mae Fails to Maintain its Foreclosure Inventory in Communities of Color

Fannie Mae Fails to Maintain its Foreclosure Inventory in Communities of Color Fannie Mae Fails to Maintain its Foreclosure Inventory in Communities of Color Fair Housing Center of Central Indiana (FHCCI) Amy Nelson, Executive Director May 13, 2015 Contact Information Amy Nelson,

More information

Fannie Mae Fails to Maintain its Foreclosure Inventory in Communities of Color

Fannie Mae Fails to Maintain its Foreclosure Inventory in Communities of Color Fannie Mae Fails to Maintain its Foreclosure Inventory in Communities of Color Miami Valley Fair Housing Center Jim McCarthy, President/CEO May 13, 2015 Introduction The Miami Valley Fair Housing Center

More information

Immediate Release September 3, 2014

Immediate Release September 3, 2014 Immediate Release September 3, 2014 Contact: Mike Burnette, Housing Opportunities Made Equal of Virginia, Inc., (804) 354-0641 x 118, mburnette@homeofva.org Kevin Paul, National Fair Housing Alliance,

More information

Fannie Mae Fails to Maintain its REO Inventory in Communities of Color

Fannie Mae Fails to Maintain its REO Inventory in Communities of Color Fannie Mae Fails to Maintain its REO Inventory in Communities of Color Housing Research & Advocacy Center 2728 Euclid Avenue, Suite 200 Cleveland, OH 44115 www.thehousingcenter.org 216-361-9240 Introduction

More information

Largest Property Preservation Company in Nation Continues to Discriminate in African American and Latino Neighborhoods

Largest Property Preservation Company in Nation Continues to Discriminate in African American and Latino Neighborhoods For Immediate Release: May 13, 2014 Contact: Deidre Swesnik, (202) 898-1661 x131 dswesnik@nationalfairhousing.org Largest Property Preservation Company in Nation Continues to Discriminate in African American

More information

Civil Rights Organizations Add Cities and New Evidence to Housing Discrimination Complaint against Bank of America

Civil Rights Organizations Add Cities and New Evidence to Housing Discrimination Complaint against Bank of America For Immediate Release September 25, 2013 Contact: Naweed Lemar 202-898-1661, ext. 119 nlemar@nationalfairhousing.org Civil Rights Organizations Add Cities and New Evidence to Housing Discrimination Complaint

More information

unlawful conduct, and engaging in outreach and education efforts to address Respondents ongoing discrimination.

unlawful conduct, and engaging in outreach and education efforts to address Respondents ongoing discrimination. STATEMENT IN SUPPORT OF COMPLAINT OF THE NATIONAL FAIR HOUSING ALLIANCE; MIAMI VALLEY FAIR HOUSING CENTER; FAIR HOUSING CENTER OF CENTRAL INDIANA; TOLEDO FAIR HOUSING CENTER; HOPE FAIR HOUSING CENTER;

More information

U.S. Bank Accused of Housing Discrimination

U.S. Bank Accused of Housing Discrimination For Immediate Release March 11, 2014 Contact: Naweed Lemar 202-898-1661, ext. 119 nlemar@nationalfairhousing.org U.S. Bank Accused of Housing Discrimination Civil Rights Organizations Add Dallas, Hampton

More information

Fair Housing Organizations File Discrimination Complaint Against US Bank

Fair Housing Organizations File Discrimination Complaint Against US Bank Fair Housing Organizations File Discrimination Complaint Against US Bank April 17, 2012, 2:37 p.m. EDT WASHINGTON, April 17, 2012 /PRNewswire via COMTEX/ -- National Fair Housing Alliance Alleges Discrimination

More information

Fair Housing Organizations Find Bank of America Discriminates in the Midwest

Fair Housing Organizations Find Bank of America Discriminates in the Midwest For Immediate Release October 23, 2012 Contact: Cedric Ricks (202) 898-1661 x 119 cricks@nationalfairhousing.org Fair Housing Organizations Find Bank of America Discriminates in the Midwest National Fair

More information

DISCRIMINATION IN MORTGAGE LENDING. Webb A. Brewer Brewer Barlow, PLC

DISCRIMINATION IN MORTGAGE LENDING. Webb A. Brewer Brewer Barlow, PLC DISCRIMINATION IN MORTGAGE LENDING Webb A. Brewer Brewer Barlow, PLC INTRODUCTION/ HMDA DATA Redlining The historic practice of mortgage lenders not offering prime mortgage loans in communities of color

More information

Common Property Maintenance Code Violations. An illustrated guide

Common Property Maintenance Code Violations. An illustrated guide Common Property Maintenance Code Violations An illustrated guide 1) Lawn and Vegetation Overgrown weeds, grass, or vegetation. Vegetation obstructing sidewalks, driveways, and other right of ways. Improper

More information

Logan City. Analysis of Impediments to Fair Housing

Logan City. Analysis of Impediments to Fair Housing Logan City Analysis of Impediments to Fair Housing 2009-13 Consolidated Plan Page 36 of 92 EXECUTIVE SUMMARY Analysis of Impediments The Analysis of Impediments (AI) is a comprehensive review of a jurisdiction

More information

Annual Registration of Vacant or Abandoned Commercial Storefront [San Francisco Ordinance 182-14, effective 08-29-14]

Annual Registration of Vacant or Abandoned Commercial Storefront [San Francisco Ordinance 182-14, effective 08-29-14] Annual Registration of Vacant or Abandoned Commercial Storefront [San Francisco Ordinance 182-14, effective 08-29-14] Date: To: Property Owner of Record Address: From: Re: DBI Code Enforcement Annual Vacant

More information

Fair Lending Overview. Division of Depositor and Consumer Protection

Fair Lending Overview. Division of Depositor and Consumer Protection Fair Lending Overview Fair Lending Regulations Equal Credit Opportunity Act (ECOA) Prohibits discrimination in any aspect of a consumer or commercial credit transaction Fair Housing Act (FHA) Prohibits

More information

Healthy Homes Department Housing Rehabilitation Program County of Alameda Community Development Agency (CDA)

Healthy Homes Department Housing Rehabilitation Program County of Alameda Community Development Agency (CDA) For CDA use only: application first received: Project ID#: Dear Homeowner: With funding and Programs available, NOW is a great time to have those needed home repairs done! Thank you for your interest in

More information

IN THE UNITED STATES DISTRICT COURT FOR THE WESTERN DISTRICT OF NEW YORK

IN THE UNITED STATES DISTRICT COURT FOR THE WESTERN DISTRICT OF NEW YORK IN THE UNITED STATES DISTRICT COURT FOR THE WESTERN DISTRICT OF NEW YORK UNITED STATES OF AMERICA, ) ) Plaintiff, ) ) v. ) Civil Action No. ) ERIE INSURANCE COMPANY ) OF NEW YORK; ERIE INSURANCE ) COMPANY;

More information

Zillow Negative Equity Report

Zillow Negative Equity Report Overview The housing market is finally showing signs of life, with many metropolitan areas having hit the elusive bottom and seeing home value appreciation, however negative equity remains a drag on the

More information

Guide to Fair Mortgage Lending and Home Preservation

Guide to Fair Mortgage Lending and Home Preservation Guide to Fair Mortgage Lending and Home Preservation Fair Housing Legal Support Center & Clinic Guide to Fair Mortgage Lending and Home Preservation What does this guide cover? What is Fair Lending? What

More information

ATTACHMENT B STATEMENT IN SUPPORT OF COMPLAINT OF THE NATIONAL FAIR HOUSING ALLIANCE AGAINST ALLSTATE CORPORATION

ATTACHMENT B STATEMENT IN SUPPORT OF COMPLAINT OF THE NATIONAL FAIR HOUSING ALLIANCE AGAINST ALLSTATE CORPORATION ATTACHMENT B STATEMENT IN SUPPORT OF COMPLAINT OF THE NATIONAL FAIR HOUSING ALLIANCE AGAINST ALLSTATE CORPORATION This Complaint arises out of an investigation by the National Fair Housing Alliance ( NFHA

More information

SHORT SALES Frequently Asked Questions

SHORT SALES Frequently Asked Questions SHORT SALES Frequently Asked Questions This factsheet is provided for information purposes only. It is not a substitute for advice from legal, accounting, housing, or real estate professionals. Please

More information

Florida League of Cities 86 th Annual Conference

Florida League of Cities 86 th Annual Conference Presented by: Grant W. Alley, Fort Myers City Attorney Slideshow Compiled by: Susan Martin, Certified Paralegal Florida League of Cities 86 th Annual Conference Abandoned, Foreclosed or Bankrupt Properties:

More information

CITY OF BAY VILLAGE DEPARTMENT OF COMMUNITY SERVICES DOWN PAYMENT ASSISTANCE PROGRAMS

CITY OF BAY VILLAGE DEPARTMENT OF COMMUNITY SERVICES DOWN PAYMENT ASSISTANCE PROGRAMS CITY OF BAY VILLAGE DEPARTMENT OF COMMUNITY SERVICES DOWN PAYMENT ASSISTANCE PROGRAMS Cuyahoga County Loan and Grant Programs for Residents For application forms or more information on the programs below,

More information

Foreclosing on Community:

Foreclosing on Community: By Maria Krysan On March 19, 2013, IGPA teamed with the Illinois Service Federal Savings and Loan Association and the Coalition of African-American Leaders to host a conference about the effects of the

More information

Professional Property Management TREC 4507

Professional Property Management TREC 4507 Professional Property Management TREC 4507 ANSWER KEY FOR FINAL EXAMINATION (With rational followed by chapter and page references) Example: (1:3 means the answer can be found in Chapter 1 on Page 3).

More information

CityLIFT Oakland/East Bay Program Overview Non-Approved Lender Participation Application

CityLIFT Oakland/East Bay Program Overview Non-Approved Lender Participation Application CityLIFT Oakland/East Bay Program Overview Non-Approved Lender Participation Application DUE BY: Monday, December 23, 2013, 5:00 pm. Dear Lender: The Unity Council Homeownership Center (TUC HOC) is administering

More information

Disparate Impact Considerations for Private Education Loans

Disparate Impact Considerations for Private Education Loans Disparate Impact Considerations for Private Education Loans Arthur J. Rotatori, Esq. McGlinchey Stafford 25550 Chagrin Blvd., Suite 406 Cleveland, Ohio 44122 (216) 378-9932 arotatori@mcglinchey.com Fair

More information

Home Purchase Rehabilitation Pilot Program Procedures Manual

Home Purchase Rehabilitation Pilot Program Procedures Manual Home Purchase Rehabilitation Pilot Program Procedures Manual Department of Housing and Community Development Home Purchase Assistance Program (HPAP) Residential and Community Services Division 1800 Martin

More information

Case: 4:15-cv-01492 Doc. #: 1 Filed: 09/29/15 Page: 1 of 10 PageID #: 1 UNITED STATES DISTRICT COURT EASTERN DISTRICT OF MISSIOURI EASTERN DIVISION

Case: 4:15-cv-01492 Doc. #: 1 Filed: 09/29/15 Page: 1 of 10 PageID #: 1 UNITED STATES DISTRICT COURT EASTERN DISTRICT OF MISSIOURI EASTERN DIVISION Case: 4:15-cv-01492 Doc. #: 1 Filed: 09/29/15 Page: 1 of 10 PageID #: 1 UNITED STATES DISTRICT COURT EASTERN DISTRICT OF MISSIOURI EASTERN DIVISION UNITED STATES OF AMERICA, ) ) Plaintiff, ) Case No. )

More information

CITY OF ALLIANCE REQUEST FOR QUOTES (RFQ) LAWN MOWING SERVICES

CITY OF ALLIANCE REQUEST FOR QUOTES (RFQ) LAWN MOWING SERVICES CITY OF ALLIANCE REQUEST FOR QUOTES (RFQ) I. Introduction: The City of Alliance is seeking a contractor(s) for lawn mowing services, and hereby requests sealed written quotes from contractors to perform

More information

Case 1:12-cv-00484-BEL Document 1 Filed 02/15/12 Page 1 of 6. IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MARYLAND (Northern Division)

Case 1:12-cv-00484-BEL Document 1 Filed 02/15/12 Page 1 of 6. IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MARYLAND (Northern Division) Case 1:12-cv-00484-BEL Document 1 Filed 02/15/12 Page 1 of 6 IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MARYLAND (Northern Division BALTIMORE NEIGHBORHOODS, INC. a not-for profit Maryland

More information

Emergency Home Repair Program 2011-2012 Guidelines and Application

Emergency Home Repair Program 2011-2012 Guidelines and Application 609 29th St., P.O. Box 5097, Vienna, WV 26105 304.295.4541 Emergency Home Repair Program 2011-2012 Guidelines and Application Please address inquiries to: City of Vienna Emergency Home Repair Program P.O.

More information

Windbrooke Townhome Association, Inc. Maintenance & Service Responsibility Chart

Windbrooke Townhome Association, Inc. Maintenance & Service Responsibility Chart Roof Siding Chimney Doors and Windows Building Maintenance Repair and restoration of interior damage caused by roof leak; repair or replacement of structural supports under the roof decking and sheathing

More information

NEIGHBORHOOD LAND BANK

NEIGHBORHOOD LAND BANK NEIGHBORHOOD LAND BANK Purpose: Contribute to the community stabilization, revitalization and preservation of San Diego County s communities, particularly San Diego s low and moderate income communities,

More information

The FHA Does Not Produce Sustainable Homeownership

The FHA Does Not Produce Sustainable Homeownership The FHA Does Not Produce Sustainable Homeownership Government Involvement in Residential Mortgage Markets Sponsored by: the Federal Reserve Bank of Atlanta Edward Pinto, Resident Fellow American Enterprise

More information

Community Development Snapshot

Community Development Snapshot Community Development Snapshot Healthy Neighborhoods: Our Common Commitment The City of Battle Creek s Community Development Department supports neighborhoods by administering federal programs and coordinating

More information

Hot Topics in Fair Lending

Hot Topics in Fair Lending Hot Topics in Fair Lending Andrea J. Shaw, Counsel, TD Bank James Cohen, Partner, Verrill Dana, LLP 1 April 2012 Fair Lending: Basic to How Banks Offer Mortgages to Public Issue: Whether a lender is improperly

More information

protect neighborhoods from becoming blighted due to the increased number of foreclosed

protect neighborhoods from becoming blighted due to the increased number of foreclosed ORDINANCE NO. 2014- SEMINOLE COUNTY, FLORIDA 2 4 6 8 10 12 14 16 AN ORDINANCE CREATING CHAPTER 95, ARTICLE III, OF THE SEMINOLE COUNTY CODE, REGISTRATION AND MAINTENANCE OF FORECLOSED PROPERTIES; PROVIDING

More information

HOME RENTAL REHABILITATION PROGRAM

HOME RENTAL REHABILITATION PROGRAM HOME RENTAL REHABILITATION PROGRAM The Rental Rehabilitation Program The City of Amsterdam is operating a housing rehabilitation program for rental properties located anywhere within the City limits. Program

More information

Basics for Landlords

Basics for Landlords Basics for Landlords Evan Anderson Realty Executives 4500 S. Lakeshore Dr. #120 Tempe, AZ 85282 602-481-8686 Renting Your Personal Residence Home for the First Time? If you are renting a home for the first

More information

www.theracialwealthgap.org PRESS RELEASE WELLS FARGO TEAMS UP WITH FL NON PROFITS TO ADDRESS AFFORDABLE HOUSING

www.theracialwealthgap.org PRESS RELEASE WELLS FARGO TEAMS UP WITH FL NON PROFITS TO ADDRESS AFFORDABLE HOUSING www.theracialwealthgap.org PRESS RELEASE WELLS FARGO TEAMS UP WITH FL NON PROFITS TO ADDRESS AFFORDABLE HOUSING REBUILDING FORECLOSED DAMAGED HOMES FOR AFFORDABLE HOUSING IMPACTING FLORIDA MINORITY NEIGHBORHOODS

More information

Universal Mortgage Field Services New Vendor Online Application

Universal Mortgage Field Services New Vendor Online Application Universal Mortgage Field Services New Vendor Online Application General Information Company Registration: 1. Company Name (as shown on W-9): 2. Street Address: 3. City: 4. State: 5. Zip: 6. Company Main

More information

WOODBURY, NEW JERSEY ORDINANCE NO. 2232-15 AN ORDINANCE OF THE CITY OF WOODBURY AMENDING THE CODE OF THE CITY OF WOODBURY SECTION VACANT PROPERTIES

WOODBURY, NEW JERSEY ORDINANCE NO. 2232-15 AN ORDINANCE OF THE CITY OF WOODBURY AMENDING THE CODE OF THE CITY OF WOODBURY SECTION VACANT PROPERTIES WOODBURY, NEW JERSEY ORDINANCE NO. 2232-15 AN ORDINANCE OF THE CITY OF WOODBURY AMENDING THE CODE OF THE CITY OF WOODBURY SECTION VACANT PROPERTIES WHEREAS, the present mortgage foreclosure crisis has

More information

CITY OF NORTHFIELD, NJ ORDINANCE NO. 2-2016

CITY OF NORTHFIELD, NJ ORDINANCE NO. 2-2016 CITY OF NORTHFIELD, NJ ORDINANCE NO. 2-2016 AN ORDINANCE REQUIRING THE REGISTRATION AND MAINTENANCE OF CERTAIN REAL PROPERTY BY MORTGAGEES;PROVIDING FOR PENALTIES AND ENFORCEMENT, AS WELL AS THE REGULATION,

More information

STARK County Level Programs

STARK County Level Programs STARK County Level Programs Emergency Grant/Loan Program Stark County Regional Planning Commission Provides one-time only emergency funding for homeowners that are experiencing a problem with their home

More information

HOUSING CODE ENFORCEMENT

HOUSING CODE ENFORCEMENT Strengthening Neighborhoods Facilitating Recovery HOUSING CODE ENFORCEMENT A Handbook for New Orleans Residents The City of New Orleans Introduction to this Handbook Your property is vital to the recovery

More information

Housing Markets in Six Metropolitan Areas and their Main Central Cities

Housing Markets in Six Metropolitan Areas and their Main Central Cities Housing Markets in Six Metropolitan Areas and their Main Central Cities Rolf Pendall Director, Metropolitan Housing and Communities Policy Center, The Urban Institute Housing issues and opportunities at

More information

COMMUNITY ACQUISITION REHABILITATION LOAN CARL CARL TERM SHEET AND GUIDELINES

COMMUNITY ACQUISITION REHABILITATION LOAN CARL CARL TERM SHEET AND GUIDELINES COMMUNITY ACQUISITION REHABILITATION LOAN I. PROGRAM OBJECTIVE CARL CARL TERM SHEET AND GUIDELINES URBAN REDEVELOPMENT AUTHORITY OF PITTSBURGH PITTSBURGH COMMUNITY REINVESTMENT GROUP The main objective

More information

HOUSING DISCRIMINATION Get The Facts

HOUSING DISCRIMINATION Get The Facts Tom Horne Arizona Attorney General Always remain alert and prepared to protect you and your family Arizona Attorney General s Office 1275 West Washington Street Phoenix, Arizona 85007 602.542.5025 HOUSING

More information

Sexual Harassment and Fair Housing Toolkit

Sexual Harassment and Fair Housing Toolkit Sexual Harassment and Fair Housing Toolkit The Equal Rights Center i The Equal Rights Center The Equal Rights Center (ERC) is a national non-profit civil rights organization dedicated to promoting equal

More information

NON-MANAGEMENT AGREEMENT (LEASE ONLY) AND EXCLUSIVE RIGHT TO LEASE

NON-MANAGEMENT AGREEMENT (LEASE ONLY) AND EXCLUSIVE RIGHT TO LEASE NON-MANAGEMENT AGREEMENT (LEASE ONLY) AND EXCLUSIVE RIGHT TO LEASE THIS AGREEMENT between (Manager) and (OWNER) is entered into this day of, 20 and the parties agree as follows: 1. EXCLUSIVE RIGHT TO LEASE:

More information

Understanding 203k Loans 2 Hour Continuing Education Course Outline

Understanding 203k Loans 2 Hour Continuing Education Course Outline 1. Course overview and requirements. a. Course length of 2 hours with a 10 minute break each hour on the hour. b. Making sure all attendees have a course outline. c. There will be a 10 question test at

More information

Racial and Ethnic Disparities in 2011 Ohio Mortgage Lending

Racial and Ethnic Disparities in 2011 Ohio Mortgage Lending Racial and Ethnic Disparities in 2011 Ohio Mortgage Lending KRISSIE WELLS KI-DUK PARK March 2013 HOUSING RESEARCH & ADVOCACY CENTER 2728 EUCLID AVENUE, SUITE 200 CLEVELAND, OHIO 44115 (216) 361-9240 (PHONE)

More information

Susan Costonis, C.R.C.M. Compliance Training & Consulting for Financial Institutions

Susan Costonis, C.R.C.M. Compliance Training & Consulting for Financial Institutions The Directors Education Series Fair Lending Training for the Board of Directors Part I Presented by: Susan Costonis, C.R.C.M. Compliance Training & Consulting for Financial Institutions YOUR PRESENTER

More information

Architectural Review

Architectural Review Kylemont at Lansbrook Homeowners Association (HOA) General Information and Guidelines April 2015 Board of Directors (BOD) Selection and Term Per the Kylemont By-Laws, the BOD is to consist of an odd number

More information

ABANDONED/VACANT REAL PROPERTY REGISTRATION FORM. Type of Registration: New Renewal Date of Initial Inspection:

ABANDONED/VACANT REAL PROPERTY REGISTRATION FORM. Type of Registration: New Renewal Date of Initial Inspection: INTERNAL USE ONLY FEE PAID: DATE: CHECK/MONEY ORDER # Environmental Protection and Growth Management Department PERMITTING, LICENSING AND CONSUMER PROTECTION DIVISION COMMUNITY CODE COMPLIANCE SECTION

More information

Case 3:12-cv-00397-REP Document 1 Filed 05/31/12 Page 1 of 29 PagelD# 1

Case 3:12-cv-00397-REP Document 1 Filed 05/31/12 Page 1 of 29 PagelD# 1 Case 3:12-cv-00397-REP Document 1 Filed 05/31/12 Page 1 of 29 PagelD# 1, ' X l D UNITED STATES DISTRICT COURT EASTERN DISTRICT OF VIRGINIA RICHMOND DIVISION UNITED STATES OF AMERICA, Plaintiff, v. SUNTRUST

More information

APPENDIX H. PROPERTY PRESERVATION REQUIREMENTS AND FEES

APPENDIX H. PROPERTY PRESERVATION REQUIREMENTS AND FEES APPENDIX H. PROPERTY PRESERVATION REQUIREMENTS AND FEES a. Inspection Requirements. In accordance with Title 38, Code of Federal Regulations (CFR), Section 36.4350(i), loan servicers are responsible for

More information

Condominium Financing: FHA Rule Change Controversy

Condominium Financing: FHA Rule Change Controversy Condominium Financing: Clifford Hockley, President, Bluestone & Hockley Real Estate Services Source: RMLS Condominium developers built more condominiums than the market could absorb from 2006-2009. They

More information

10/14/2015 HOW DID WE GET HERE? Breaking the Cycle of Disinvestment Downtown

10/14/2015 HOW DID WE GET HERE? Breaking the Cycle of Disinvestment Downtown Breaking the Cycle of Disinvestment Downtown OEDA 10/20/2015 heritageohio.org THE KEY TO DOWNTOWN DEVELOPMENT IS TO INTERRUPT THE CYCLE OF DISINVESTMENT AND CREATE ECONOMICALLY VIABLE BUILDINGS. HOW DID

More information

Metro Interfaith Housing Counseling. Tell Us About Yourself. General Information Primary

Metro Interfaith Housing Counseling. Tell Us About Yourself. General Information Primary Metro Interfaith Housing Counseling 21 New St, Binghamton, NY 13903 Phone: 607.723.0582 Fax: 607.722.8912 Tell Us About Yourself Print clearly. Use additional sheets if necessary. Information provided

More information

Factors that Affect Housing Choices

Factors that Affect Housing Choices Factors that Affect Housing Choices Copyright Copyright and Terms of Service Copyright Texas Education Agency, 2013. These materials are copyrighted and trademarked as the property of the Texas Education

More information

About Us. We're committed to changing the face of vacant and abandoned properties.

About Us. We're committed to changing the face of vacant and abandoned properties. About Us Our Mission To benefit both lenders and communities by increasing the marketability of a property while simultaneously fighting community blight and securing the asset long term. We're committed

More information

WHEREAS, the City of Burlington contains several structures which are vacant in whole or large part; and;

WHEREAS, the City of Burlington contains several structures which are vacant in whole or large part; and; OF THE CITY OF BURLINGTON AMENDING THE CITY CODE IN ORDER TO ESTABLISH PROVISIONS GOVERNING THE MAINTENANCE OF VACANT AND ABANDONED PROPERTIES IN THE CITY AND ESTABLISHING REGISTRATION FEES FOR VACANT

More information

A CONSUMER GUIDE TO FAIR LENDING

A CONSUMER GUIDE TO FAIR LENDING FAIR HOUSING LEGAL SUPPORT CENTER A CONSUMER GUIDE TO FAIR LENDING AND HOME OWNERSHIP PRESERVATION A CONSUMER GUIDE TO FAIR LENDING AND HOME OWNERSHIP PRESERVATION OVERVIEW This guide explains your right

More information

The Neighborhood Stabilization Program

The Neighborhood Stabilization Program The Neighborhood Stabilization Program The Neighborhood Stabilization Program Timothy C. Raffa, Esquire Weissman, Nowack, Curry & Wilco, P.C. timr@wncwlaw.com 404-926-4667 Fax 404-926-4867 www.wncwlaw.com

More information

Oakland NEIGHBORHOODS

Oakland NEIGHBORHOODS Oakland NEIGHBORHOODS 1 Overview There is an epidemic of foreclosures throughout the country, including in Oakland and California. Last year there were 1.2 million foreclosures filed nationwide (that s

More information

Questions and Answers on: F A I R H O U S I N G. Q: Do the fair housing laws apply to all. A: Yes, except for the following limited exemptions:

Questions and Answers on: F A I R H O U S I N G. Q: Do the fair housing laws apply to all. A: Yes, except for the following limited exemptions: Questions and Answers on: F A I R H O U S I N G The purpose of the fair housing laws is to protect a person s right to own, sell, purchase, or rent housing of his or her choice without fear of unlawful

More information

VILLAS OF TRADITIONS AT GREY OAKS

VILLAS OF TRADITIONS AT GREY OAKS Report of Turnover Survey VILLAS OF TRADITIONS AT GREY OAKS Grey Oaks Development Naples, Collier County, Florida Forge Engineering Project Number 2907-001.01 March 2015 Richard P..Lundberg, P.E cn=richard

More information

Homeowner Rehab Set Up and Completion Form HOME Program (For single and multi-address activities)

Homeowner Rehab Set Up and Completion Form HOME Program (For single and multi-address activities) U.S. Department of Housing and Urban Development Office of Community Planning and Development Homeowner Rehab Set Up and Completion Form HOME Program (For single and multi-address activities) Check the

More information

Fair Lending, UDAAP and CRA: Protecting Your Bank from Allegations of Fair and Responsible Lending Violations

Fair Lending, UDAAP and CRA: Protecting Your Bank from Allegations of Fair and Responsible Lending Violations Fair Lending, UDAAP and CRA: Protecting Your Bank from Allegations of Fair and Responsible Lending Violations Albany, NY April 23, 2015 Legal Counsel to the Financial Services Industry Presented by Warren

More information

Office of the Arizona Attorney General. Civil Rights Consumer Protection and Advocacy

Office of the Arizona Attorney General. Civil Rights Consumer Protection and Advocacy Office of the Arizona Attorney General Civil Rights Consumer Protection and Advocacy Civil Rights and Fair Housing Enforcement Consumer Fraud Enforcement and the Housing Industry AGO Complaint Process

More information

Assistance for the Redevelopment of Abandoned and Foreclosed Properties City of Atlanta, Georgia

Assistance for the Redevelopment of Abandoned and Foreclosed Properties City of Atlanta, Georgia Community Development Block Grant Neighborhood Stabilization Program Title III, Section 2301 of the Housing and Economic Recovery Act of 2008 (HR 3221) Assistance for the Redevelopment of Abandoned and

More information

Subprime Foreclosures: The Smoking Gun of Predatory Lending?

Subprime Foreclosures: The Smoking Gun of Predatory Lending? Subprime Foreclosures: The Smoking Gun of Predatory Lending? Harold L. Bunce, Debbie Gruenstein, Christopher E. Herbert, and Randall M. Scheessele One of the most striking features of home finance in the

More information

Considering Foreclosed Sales By: Michael Barnett

Considering Foreclosed Sales By: Michael Barnett Considering Foreclosed Sales By: Michael Barnett Our topic is on foreclosed properties and how we are to consider them in the appraisal process. Let s take a moment to clarify our understanding of what

More information

Why Fair Housing, Fair Lending and Equal Opportunity Are Crucial to Solving the Home Opportunity Crisis

Why Fair Housing, Fair Lending and Equal Opportunity Are Crucial to Solving the Home Opportunity Crisis Why Fair Housing, Fair Lending and Equal Opportunity Are Crucial to Solving the Home Opportunity Crisis April 16, 2013 The meltdown of the home mortgage market, the scourge of foreclosures, and the decimation

More information

I. COMMERCIAL REHABILITATION PROGRAM

I. COMMERCIAL REHABILITATION PROGRAM Adopted 8-4-2014 I. COMMERCIAL REHABILITATION PROGRAM A. PROGRAM GOAL The goal of the Commercial Rehab Program is to encourage commercial development through building rehabilitation and to improve the

More information

TESTIMONY OF LISA RICE NATIONAL COMMISSION ON FAIR HOUSING AND EQUAL OPPORTUNITY CHICAGO, ILLINOIS JULY 15, 2008

TESTIMONY OF LISA RICE NATIONAL COMMISSION ON FAIR HOUSING AND EQUAL OPPORTUNITY CHICAGO, ILLINOIS JULY 15, 2008 National Fair Housing Alliance/Testimony of Lisa Rice Page 1 of 9 TESTIMONY OF LISA RICE NATIONAL COMMISSION ON FAIR HOUSING AND EQUAL OPPORTUNITY CHICAGO, ILLINOIS JULY 15, 2008 No doubt throughout the

More information

City of North Miami NSP 3 Substantial Amendment

City of North Miami NSP 3 Substantial Amendment City of North Miami NSP 3 Substantial Amendment 1. NSP3 Grantee Information NSP3 Program Administrator Contact Information Name (Last, First) Calloway, Maxine Email Address mcalloway@northmiamifl.gov Phone

More information

Overview of the Chicago Housing Market

Overview of the Chicago Housing Market REport Overview of the Chicago Housing Market Background Data for Chicago s 2014-2018 Housing Plan Prepared by 2013 Table of Contents section I Who Lives in Chicago s Neighborhoods 3 section II Where

More information

Milwaukee s Housing Crisis: Housing Affordability and Mortgage Lending Practices

Milwaukee s Housing Crisis: Housing Affordability and Mortgage Lending Practices Milwaukee s Housing Crisis: Housing Affordability and Mortgage Lending Practices by John Pawasarat and Lois M. Quinn, Employment and Training Institute, University of Wisconsin-Milwaukee, 2007 This report

More information

DOES YOUR HOME NEED REPAIRS OR IMPROVEMENTS?

DOES YOUR HOME NEED REPAIRS OR IMPROVEMENTS? DOES YOUR HOME NEED REPAIRS IMPROVEMENTS? The Community Action Center (CAC) Housing Improvement Program may be able to provide you with affordable home repair and improvement financing. WHAT IS IT? The

More information

HUD REO M & M III. FHA Webinar on HUD REO 203-K Standard 203-K Streamline. HUD REO (Real Estate Owned) 203(k) Streamline.

HUD REO M & M III. FHA Webinar on HUD REO 203-K Standard 203-K Streamline. HUD REO (Real Estate Owned) 203(k) Streamline. FHA Webinar on HUD REO 203-K Standard 203-K Streamline HUD REO (Real Estate Owned) 203(k) Streamline 203-K Standard National Servicing Center (NSC) is responsible for direct oversight of the MCM contractor:

More information

APPENDIX D: HOUSING PROGRAM DIRECTORY

APPENDIX D: HOUSING PROGRAM DIRECTORY APPENDIX D: HOUSING PROGRAM DIRECTORY Table D-1 Housing Rehabilitation Programs 1. HOME MAINTENANCE AND IMPROVEMENT PROGRAM (HMIP) To provide loans to correct health and safety violations, abate code deficiencies

More information

Fair Housing Act. Reference Guide to Regulatory Compliance. 42 USC Ch 45 3601 through 3619

Fair Housing Act. Reference Guide to Regulatory Compliance. 42 USC Ch 45 3601 through 3619 Reference Guide to Regulatory Compliance Fair Housing Act 42 USC Ch 45 3601 through 3619 Topics Coverage Requirements Enforcement Practical Application Self-Study Questions The Fair Housing Act was enacted

More information

City of Gainesville Community Development Department Housing Division

City of Gainesville Community Development Department Housing Division City of Gainesville Community Development Department Housing Division DOWNPAYMENT ASSISTANCE PROCEDURES Application Process Applications are mailed to prospective homebuyers in response to telephone requests

More information

REAL ESTATE REPORT 3RD QUARTER 2015 SOURCES: BUFFINI & COMPANY,

REAL ESTATE REPORT 3RD QUARTER 2015 SOURCES: BUFFINI & COMPANY, REAL ESTATE REPORT 3RD QUARTER 2015 SOURCES: BUFFINI & COMPANY, INDUSTRY FACTS MEDIAN DAYS ON THE MARKET: 39 Days in April 2015 vs. Home sales in April reached a seasonally adjusted rate of 5.04 million,

More information

ORDINANCE NO. 4002 Adopted 11/13/2008 AMENDED BY ORDINANCE NO. 4175 Adopted 01/26/2011 AMENDED BY ORDINANCE NO. 4322 Adopted 08/28/2012

ORDINANCE NO. 4002 Adopted 11/13/2008 AMENDED BY ORDINANCE NO. 4175 Adopted 01/26/2011 AMENDED BY ORDINANCE NO. 4322 Adopted 08/28/2012 ORDINANCE NO. 4002 Adopted 11/13/2008 AMENDED BY ORDINANCE NO. 4175 Adopted 01/26/2011 AMENDED BY ORDINANCE NO. 4322 Adopted 08/28/2012 AN ORDINANCE CREATING CHAPTER 8.80 OF THE CODE OF THE CITY OF ELIZABETH

More information

Lost Ground, 2011: Disparities in Mortgage Lending and Foreclosures. Debbie Gruenstein Bocian, Wei Li, Carolina Reid Center for Responsible Lending

Lost Ground, 2011: Disparities in Mortgage Lending and Foreclosures. Debbie Gruenstein Bocian, Wei Li, Carolina Reid Center for Responsible Lending Lost Ground, 2011: Disparities in Mortgage Lending and Foreclosures Executive Summary Debbie Gruenstein Bocian, Wei Li, Carolina Reid Center for Responsible Lending Roberto G. Quercia Center for Community

More information

ATTORNEYS AND THE FORECLOSURE RESCUE FRAUD EPIDEMIC

ATTORNEYS AND THE FORECLOSURE RESCUE FRAUD EPIDEMIC ATTORNEYS AND THE FORECLOSURE RESCUE FRAUD EPIDEMIC The Lawyers' Committee for Civil Rights Under Law (Lawyers Committee) and its coalition partners in the Loan Modification Scam Prevention Network (LMSPN)

More information

Town of Creston. Bylaw No. 1813

Town of Creston. Bylaw No. 1813 Town of Creston Bylaw No. 1813 A Bylaw relating to the care and maintenance of private property and adjoining public places within the Town of Creston. WHEREAS Sections 62 and 64 of the Community Charter

More information

Renovation Financing 1

Renovation Financing 1 Renovation Financing 1 Renovation Financing The Win, Win, Win Scenario Presented By Lisa Marra The Marra Mortgage Group 2 What is a Renovation Loan? A renovation loan allows a borrower to secure financing

More information

A Guide to the Arizona Residential Landlord and Tenant Act Frequently asked questions and answers

A Guide to the Arizona Residential Landlord and Tenant Act Frequently asked questions and answers A Guide to the Arizona Residential Landlord and Tenant Act Frequently asked questions and answers This booklet contains typical landlord and tenant questions and answers, along with relevant statute sections.

More information

The Obama Administration s Efforts To Stabilize the Housing Market and Help American Homeowners

The Obama Administration s Efforts To Stabilize the Housing Market and Help American Homeowners The Obama Administration s Efforts To Stabilize the Housing Market and Help American Homeowners February 2015 U.S. Department of Housing and Urban Development Office of Policy Development and Research

More information

The Obama Administration s Efforts To Stabilize The Housing Market and Help American Homeowners

The Obama Administration s Efforts To Stabilize The Housing Market and Help American Homeowners The Obama Administration s Efforts To Stabilize The Housing Market and Help American Homeowners June 2013 U.S. Department of Housing and Urban Development Office of Policy Development Research U.S Department

More information