Housing
Unnatural Disaster
How mortgage servicers are strong-arming the victims of the Moore, Oklahoma tornado (among others)
On May 20, a massive EF5 tornado whipped through heavily populated Moore, Oklahoma, killing 24 and injuring nearly 400. That tragedy has now shifted into the drudgery of recovery. According to the state’s Insurance Department, claims from the tornado in Moore and a subsequent twister in the city of El Reno have topped 60,000. The damage is expected to reach $2 billion.
Newark's Terrible New Foreclosure Fix Idea
Activists in the city think eminent domain can save their neighborhoods
Activists in the city think eminent domain can save their neighborhoods—but the plan would never work.
The Ongoing and Hugely Risky Bailout of the Housing Market
Why the next housing crisis could be worse than the last one
Unless the White House changes course, the next housing crisis will be worse than the last one
Your New Landlord Works on Wall Street
Hedge funds are snatching up rental homes at an alarming rate
Hedge funds are snatching up rental homes at an alarming rate—and a new bubble may be forming.