Foreclosure activity to resume in July, some banks say

Some of America’s biggest banks have said they’ll start resuming foreclosures on delinquent mortgages this summer when COVID-19 forbearance programs expire. The Mortgage Bankers Association says over 2.1 million American homeowners are still in forbearance plans that suspend their mortgage payments and protect them from eviction. Meanwhile, around 1.8 million more are not in forbearance

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NAR calls for emergency rental assistance for struggling landlords

The National Association of Realtors is calling for landlords to receive emergency rental assistance to help them cover their costs during the coronavirus pandemic. The call comes after the Centers for Disease Control and Prevention called on a 1944 public health law that was created to help prevent the spread of dangerous illnesses, to justify

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Tenant groups become increasingly militant to prevent evictions

With moratoriums on evictions throughout the country starting to expire, tenant groups are stepping in to try and save people from losing their homes. Tenant organizers in South Central Los Angeles last week quickly organized a protest after a local landlord removed one resident’s belongings following their eviction. The landlord had changed the locks on

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Report: Rising eviction rates are symptomatic of national affordability crisis

Real estate analyst firm Redfin has revealed that a staggering 2.7 million Americans faced eviction in 2015, and further claims that figure is likely a very conservative estimate of the true number of U.S. families evicted from their homes in the past year.

Baltimore’s rent court accused of bias towards landlords

There are numerous legal grounds through which tenants can legally withhold rent payments in Baltimore, but nonetheless, the city sees more than 6,000 of its low-income renters evicted each year. In many cases, the city’s infamous Rent Court favors the landlords, and it has an eviction rate that’s higher than any other major city except

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