Welcome to The Home Equity Theft Reporter, a blog dedicated to informing the consumer public and the legal profession about Home Equity Theft issues. This blog will consist of information describing the various forms of Home Equity Theft and links to news reports & other informational sources from throughout the country about the victims of Home Equity Theft and what government authorities and others are doing about it.
Saturday, November 26, 2016
Housing Authority To Gently Boot 90 Poor Tenants Out Of Aging, Outdated Section 8 Complex; Will Not Renew Rent Subsidy Contract With HUD, Tells Residents They'll Each Get Individual Rent Vouchers & To Start Looking For Private Landlords That Will Accept Them
In Oxford, Mississippi, The Oxford Eagle reports:
The future of Riverside Place and its tenants has been a topic of discussion for nearly two years.
The public housing complex, operated by the Oxford Housing Authority through the U.S. Department of Housing and Urban Development, sent out letters on Feb. 3, 2015, to roughly 90 tenants informing them the contract with the city of Oxford would not be extended. It runs out Feb. 27, 2017.
OHA Director Jeff McClure said the buildings in the development, built in the 1980s, were in bad shape and lacked basic amenities including up-to-date plumbing and central heating and air conditioning.
“HUD is going in a different direction,” he said recently. “They’re moving away from public housing developments and toward a voucher system. They’re going to more public-private partnerships. It’s HUD’s most dominating form of housing right now across the country.”
Riverside residents are being asked to find a place they’d like to live, whether in Oxford, Lafayette County or another state. OHA will issue a voucher to landlords to pay the residents’ rent, as long as they continue to meet the financial requirements of OHA.
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If a resident hasn’t found a place to live by Feb. 28, their vouchers would be issued back to OHA to go toward their rent at Riverside until they find a new place.
“We’re not kicking anyone out,” McClure said.
Sanders said on Dec. 1, OHA will start compiling lists of landlords willing to work with the voucher system and distribute them to Riverside residents, and be prepared to start issuing vouchers Jan. 1 for those residents who move before the contract runs out.
“No one will be out on the street,” said Alderman Robyn Tannehill. “Those rumors are completely untrue.”
CBC News: Betrayal of Trust (A CBC investigation reveals how lawyers across Canada have misappropriated and mishandled clients money, to the tune of tens of millions of dollars, or sometimes even charging vulnerable people top dollar for shoddy services)
Land Contract/Contract For Deed/Rent-To-Own Rackets
The New York Times: The Housing Trap (In the wake of the housing crisis, low-income families have turned to seller financing to buy homes but these deals can be a money trap)
Beware The Fine Print: Consumers Forced To Sign Away Their Rights To Use Court System
The NY Times: Arbitration Everywhere, Stacking the Deck of Justice(Part 1 in series examining how clauses buried in tens of millions of contracts have deprived Americans of one of their most fundamental constitutional rights: their day in court)
Foreclosure Mills' Abysmal Record In Complying With New NYS Foreclosure Requirements
Justice Deceived: How Large Foreclosure Firms Subvert State Regulations Protecting Homeowners
MFY Legal Services Report On Questionable Practices By Process Servers In Debt Collection Cases
Justice Disserved: A Preliminary Analysis of the Exceptionally
Low Appearance Rate by Defendants in Lawsuits Filed in the Civil Court of the City of New York
Mortgage Mess Redux: Robo-Signers Return (A Reuters investigation finds that many banks are still employing the controversial foreclosure practices that sparked a major outcry last year)
CNN Video: As Foreclosures Mount, Florida Court Turns To 'Rocket Docket'
The Wall Street Journal: A Florida Court's 'Rocket Docket' Blasts Through Foreclosure Cases (2 Questions, 15 Seconds, 45 Days to Get Out; 'What's to Talk About?' Says a Judge)
"Produce The Note" Strategy When Dealing With Missing Promissory Notes In Foreclosure Actions
ABC Video: Fighting Against Foreclosure (Some homeowners have found a new tactic to keep the banks at bay)
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