0 minute readThe foreclosure crisis that devastated the economy in 2009 and 2010 was a many-headed monster, a disaster unlike anything the federal government had ever seen.
And it’s becoming clear that not only did the government have no idea how to handle it, but every fix it tried didn’t work. It was an epic failure, and federal regulators jumped on the opportunity to sweep it under the rug this month with an $8.5 billion settlement with 10 banks.
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
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These new 84-ft L.A. towers could alter the arc of housing reform
If all goes well, a string of low-slung retail buildings along the Los Angeles River could become one of the largest apartment developments to rise from California’s housing reforms. Los Angeles City Planning Commissioners last week unanimously approved Riverwalk at Studio City, an 814-unit residential building on six acres of underused commercial property in L.A.’s […]
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
