Housing
More on Housing
By Robbie Whelan
Opponents of a newly-designed fee attached to the sale of homes have succeeded in getting the ear of Congress.
On Thursday, the Coalition to Stop Wall Street Home Resale Fees, an advocacy group representing special interests in the real estate title and brokerage industries, sent around a statement applauding Congresswoman Maxine Waters and several other congresspeople for sponsoring a bill to ban private transfer fees on real estate.
As promised, the Congresswoman re-convened another town-hall style meeting with lenders pressing the case for access and inclusion of Black realtors in the lending process
By Yussuf J. Simmonds
Both seek equality and protection
by Joseph Wright
Congresswoman Maxine Waters was the keynote speaker at a recent forum designed to help Black and other non-White businesses, as well as those run by women, gain greater access to major banks and brokers to help sustain and establish their corporations.
"Since the recession really took hold in December 2007," the congresswoman explained, "about 2.3 million homes have been repossessed by banks. Currently, about one in 10 American households, with a mortgage, is at risk of foreclosure."
By Bruce Nolan
With prayers and the solemn tolling of bells, but also with second-line parades and the drumming of Mardi Gras Indians, New Orleanians throughout the region on Sunday took stock of their rebuilt lives in the five years since the worst event in the region's history, and promised each other to keep the recovery going.