Home Foreclosure

A vacant home in Detroit's Brightmoor neighborhood. (WWJ Photo/Vickie Thomas) File

Quicken Loans Founder: Company Not To Blame For Detroit Blight

Quicken Loans founder Dan Gilbert says the number of foreclosures on the company’s loans for Detroit homes reflects the large volume of investments made in the city.

WWJ Newsradio 950–07/01/2015

(Credit: Mike Campbell/WWJ Newsradio 950)

Report Details How Subprime Lending, Foreclosures Hurt Detroit

More than half of mortgage foreclosures in the last 10 years are now blighted or abandoned.

WWJ Newsradio 950–06/25/2015

Obama Administration Presents Plans To Wind Down Fannie Mae And Freddie Mac

Foreclosures Undermining Detroit’s Comeback

There’s another crisis in Detroit that is undermining the city’s comeback. According to one local attorney, it’s the home foreclosure crisis still weighing the city down.

WWJ Newsradio 950–09/12/2013

(credit: getty images)

Local Congressman To Introduce Bill To Halt Foreclosures

13th District U.S. Representative Hansen Clarke will introduce legislation this week that would place a moratorium on home foreclosures.

WWJ Newsradio 950–04/16/2012

(Justin Sullivan/Getty Images, File)

Michigan Expects To Get $790M In Foreclosure Deal

Michigan says it expects to get $790 million as part of a landmark $25 billion settlement with the nation’s top mortgage lenders.

WWJ Newsradio 950–02/10/2012

Wayne County Wants To Make Some Renters Home Owners

Wayne County Treasurer Ray Wojtowicz says his office will go door to door to make home ownership offers to renters who are living in homes that are behind in their taxes.

WWJ Newsradio 950–02/06/2012

federalgovernment

HUD: 101-Year-Old Can’t Return To Home Due To Building’s Poor Condition

Texana Hollis was evicted Sept. 12 after her 65-year-old son failed to pay the mortgage. Two days later, the U.S. Department of Housing and Urban Development said she could return.

WWJ Newsradio 950–01/22/2012

Report: More Rebuying Foreclosures To Escape Debt

A published report says more Detroit homeowners and landlords are escaping property tax debts by rebuying their foreclosed properties at auction.

WWJ Newsradio 950–01/03/2012

Getty Images

Detroit Town Hall Meeting Addresses Home Foreclosures

A distinguished panel of experts are gathering in Metro Detroit on Saturday for a free public town hall meeting to help those who are facing foreclosure.

WWJ Newsradio 950–10/29/2011

Religious Leaders Ask Banks To Stop Foreclosing On Families

A group of faith leaders gathered in front of a vacant home on Detroit’s west side to call on lenders to work with families to keep them in their homes, rather than foreclosing.

WWJ Newsradio 950–06/01/2011

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