Contracts for Deed Dominate Midwest LMI Housing Purchases

ACORN Citizen Wealth Financial Justice

https://chieforganizer.org/wp-content/uploads/2019/08/CN09012019.mp3Podcast: Play in new window | DownloadSubscribe: Apple PodcastsNew Orleans     Ann Carpenter works with the Federal Reserve Bank in Atlanta.  Her work in understanding the challenges and predation for lower income families trying to buy homes has been outstanding.  Almost exactly two years ago, the ACORN Home Savers Campaign met with her in a …

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The Census and Contracts-for-Deed

ACORN Citizen Wealth Financial Justice Foreclosure

Little Rock       One somewhat nagging problem the ACORN Home Savers Campaign has confronted over the last several years, especially when we looked at the frequency of “contracts-for-deed” was the lack of definitive data.  Sure, we knew in Detroit that more contracts-for-deed were being registered under real estate transfers in recent years than were any form …

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Land Contract Companies Settle Lawsuits in Cincinnati Without Celebrations

ACORN Citizen Wealth Financial Justice Ideas and Issues

New Orleans     In the more than a year that the ACORN Home Savers Campaign has built committees of owner-occupants in cities in Michigan, Ohio, Pennsylvania, Arkansas, Georgia, and Tennessee to try to force companies to convert land contracts to ownership for the occupants, to renegotiate the terms, and bring homes up to standards, others …

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