#foreclosures — Public Fediverse posts

residential #foreclosures increasing under #Trump • #housing
https://www.msn.com/en-us/money/realestate/foreclosures-are-soaring-in-the-us-amid-an-ongoing-affordability-crisis-with-1-state-hit-the-worst/ar-AA1S5VvQ

Foreclosure filings rose again in October, marking the eighth straight month of annual increases, with nearly 37,000 properties affected—up 19% from last year. While still below historic peaks, this trend signals potential cracks in the housing market amid higher borrowing costs. Florida, South Carolina, and Illinois led, with Tampa, Jacksonville, and Orlando experiencing the most activity. Experts see this as a slow normalization rather than a crash, but persistent rise could hint at broader economic challenges ahead. Will this accelerate or stabilize? More details: https://www.cnbc.com/2025/11/13/foreclosures-rise-october-housing-market-distress.html #HousingMarket #Foreclosures #Economy #RealEstate #Mortgage #HousingCrisis

Where Mamdani Found the Blueprints to Run for Mayor

https://web.brid.gy/r/https://www.nytimes.com/2025/10/30/nyregion/zohran-mamdani-howeowners.html

Where Mamdani Found the Blueprints to Run for Mayor

https://web.brid.gy/r/https://www.nytimes.com/2025/10/30/nyregion/zohran-mamdani-howeowners.html

Where Mamdani Found the Blueprints to Run for Mayor

https://web.brid.gy/r/https://www.nytimes.com/2025/10/30/nyregion/zohran-mamdani-howeowners.html

Where Mamdani Found the Blueprints to Run for Mayor

https://web.brid.gy/r/https://www.nytimes.com/2025/10/30/nyregion/zohran-mamdani-howeowners.html

6 October 1932, a "penny auction" took place in Nebraska during the great depression, in possibly the first use of this tactic devised by poor farmers. Across the midwest, many poor farmers were being kicked off their land by foreclosures. Local residents and radicals organised militant self defence to stop foreclosed farms from being auctioned off by bank agents and sheriffs.

https://stories.workingclasshistory.com/article/10662/penny-auctions

#FarmAid #foreclosures #MutualAid #Nebraska #PennyAuctions #Solidarity #workingclasshistory

6 October 1932, a "penny auction" took place in Nebraska during the great depression, in possibly the first use of this tactic devised by poor farmers. Across the midwest, many poor farmers were being kicked off their land by foreclosures. Local residents and radicals organised militant self defence to stop foreclosed farms from being auctioned off by bank agents and sheriffs.

https://stories.workingclasshistory.com/article/10662/penny-auctions

#FarmAid #foreclosures #MutualAid #Nebraska #PennyAuctions #Solidarity #workingclasshistory

6 October 1932, a "penny auction" took place in Nebraska during the great depression, in possibly the first use of this tactic devised by poor farmers. Across the midwest, many poor farmers were being kicked off their land by foreclosures. Local residents and radicals organised militant self defence to stop foreclosed farms from being auctioned off by bank agents and sheriffs.

https://stories.workingclasshistory.com/article/10662/penny-auctions

#FarmAid #foreclosures #MutualAid #Nebraska #PennyAuctions #Solidarity #workingclasshistory

6 October 1932, a "penny auction" took place in Nebraska during the great depression, in possibly the first use of this tactic devised by poor farmers. Across the midwest, many poor farmers were being kicked off their land by foreclosures. Local residents and radicals organised militant self defence to stop foreclosed farms from being auctioned off by bank agents and sheriffs.

https://stories.workingclasshistory.com/article/10662/penny-auctions

#FarmAid #foreclosures #MutualAid #Nebraska #PennyAuctions #Solidarity #workingclasshistory

“Nobody is helped by shutting down the agency, except #BigBanks, #ConMen & rip-off artists, oh & #billionaires like Mr. Musk, who is trying to start a new ‘#XMoney’ feature on his social media platform,” Sen #ElizabethWarren said at the hearing. “By eliminating the #CFPB, he would take the financial cop off the beat.”

#Trump #Musk #DOGE #law #economy #regulation #banks #credit #loans #mortgages #foreclosures #debt #housing #markets #USpol #kleptocracy #plutocracy

“Nobody is helped by shutting down the agency, except #BigBanks, #ConMen & rip-off artists, oh & #billionaires like Mr. Musk, who is trying to start a new ‘#XMoney’ feature on his social media platform,” Sen #ElizabethWarren said at the hearing. “By eliminating the #CFPB, he would take the financial cop off the beat.”

#Trump #Musk #DOGE #law #economy #regulation #banks #credit #loans #mortgages #foreclosures #debt #housing #markets #USpol #kleptocracy #plutocracy

In one of its final actions under the #Biden admin, for example, the #CFPB filed a lawsuit on Jan 14 against #CapitalOne, alleging the financial institution misrepresented its “360 Savings” accounts, effectively “cheating consumers out of more than $2B in interest payments.”

#Trump #Musk #DOGE #law #economy #regulation #banks #credit #loans #mortgages #foreclosures #debt #housing #markets #USpol #kleptocracy #plutocracy
https://www.consumerfinance.gov/about-us/newsroom/cfpb-sues-capital-one-for-cheating-consumers-out-of-more-than-2-billion-in-interest-payments-on-savings-accounts/

Recall how big businesses’ reckless behavior sent our #economy & the #housing market into a financial tailspin? People lost their #homes & #jobs. Fearing even greater declines, many investors cashed out of the #StockMarket, locking in losses they never recovered.

It took the #recession & a wave of #foreclosures before #Congress acted to require simpler mortgage-disclosure forms. That task was assigned to the #CFPB, the brainchild of Sen #ElizabethWarren (D-MA).

#Trump #Musk #DOGE #law #USpol

When harmed, the average #consumer often doesn’t have the #money to defend themself. Hiring an attorney is expensive. Rooting out deceptive predatory practices should be left to the #government, not a family trying to make ends meet.

Remember the Great #Recession?

#CFPB #Trump #Musk #DOGE #law #economy #regulation #banks #credit #loans #mortgages #foreclosures #debt #housing #markets #USpol

During his first term, #Trump was hell-bent on eviscerating the authority of an agency that #Congress authorized to protect #consumers after the 2008 financial crisis. His choice to lead the agency in 2017 signaled his disdain: Mick Mulvaney, a fmr congressman who voted to abolish the #CFPB.

…But consumers needed then — & need now — a powerful advocate.

#law #economy #regulation #banks #credit #loans #mortgages #foreclosures #debt #housing #markets #Musk #DOGE #USpol

#Trump & #ElonMusk are working to decimate the Consumer Financial #Protection Bureau [#CFPB].

In early Feb, Musk posted “CFPB RIP,” …with a gravestone emoji.

Musk’s death march has begun. The number of #consumer complaints being processed by the bureau is significantly down, & several lawsuits against #financial companies were recently dropped.

#law #economy #regulation #banks #credit #loans #mortgages #foreclosures #debt #housing #markets #DOGE #USpol
https://www.washingtonpost.com/business/2025/02/28/trump-cfpb-enforcement/

"The judicial foreclosures were initiated for unpaid #HOA debts, not unpaid bank loans, and those debts were sometimes as small as a few thousand dollars before they ballooned w/interest, HOA attorneys fees & court costs.

...the process eats away at or completely erases generational wealth in a way traditional lender #foreclosures for unpaid mortgages, which are more common and involve much larger debts, may not."
~@coloradosun
https://coloradosun.com/2023/08/14/hoa-foreclosed-homes-auction-equity/?utm_content=buffere7bf6&utm_medium=social&utm_source=Mastodon&utm_campaign=buffer

#Home #Colorado #USA #News

Rumored Fed Nominee Thinks Tim Geithner Did Right by Homeowners
President Biden may nominate Janice Eberly, former deputy to the mastermind of America’s foreclosure crisis.

“…Eberly helped Geithner operate a system of deliberately throwing millions of people out of their homes so that the same Wall Street banks that tricked them into awful mortgages in the first place could turn another quick buck after they cratered the world economy. “ #fed #GFC #foreclosures #banks

https://prospect.org/economy/2023-03-06-janice-eberly-fed-nominee-mortgage-crisis/

🇺🇸 Les opérateurs Royal revendiquent une attaque informatique à l'encontre de Righeimer Martin & Cinquino, P.C. (rmclaw.net) #usa #royal #ransomware #loans #advice #foreclosures #bankruptcies #corporate #banking #law #eminent #attorneys #business #estate #market #transactions #fiduciaries #conflicts #payments #offices #partners#clients #litigation #planning #firms #customers #financial #careers #disputes #institutions #guardianship #insights #databreach #experts #probate #administration #informatique