Oct 20 Watch Boston Firm Offers Homeowners a Second Chance After Foreclosure For those who have lost a home they could have afforded at market rate, Boston Community Capital offers an avenue to regain ownership. Paul Solman reports. Continue watching
Oct 20 Watch News Wrap: Sarkozy Seeks to Reopen Refineries as Protests Drain Gas Stations In other news Wednesday, French President Nicolas Sarkozy made orders for riot police to clear blockades from the country's oil refineries while more gas stations ran dry due to protests. Union members also blocked access to several airports causing flight… Continue watching
Oct 20 Nonprofit Bank Buys Foreclosed Homes, Then Sells Them Back to Former Owners By Paul Solman // We have the third installment of our Making Sen$e foreclosure series on Wednesday's NewsHour. The focus: Boston Community Capital, a privately and publicly funded "community development finance institution." In this web video exclusive, we talk to… Continue reading
Oct 20 Watch HUD Secretary Donovan on Foreclosure Snags: 'This is Not a Systemic Problem' Housing and Urban Development Secretary Shaun Donovan discusses Obama administration efforts to combat major problems with foreclosures. Donovan says the government is reviewing concerns that some banks did not comply with FHA requirements before evicting homeowners. Continue watching
Oct 20 Britain Plans Deepest Cuts in Decades Protester in front of British Parliament. Photo by Peter Macdiarmid/Getty Images It's a public spending slash of historic proportions as Britain launches an austerity campaign aimed at reducing its deficit. In a speech to Parliament, George Osborne, the chancellor… Continue reading
Oct 20 Nonprofit Bank Buys Foreclosed Homes, Then Sells Them Back to Former Owners ]> Editor’s Note: In tonight’s broadcast is the third installment of our Making Sen$e foreclosure series. We focus on Boston Community Capital, a privately and publicly funded, so-called ‘community development finance institution.’… Continue reading
Oct 20 French Police Break Oil Blockades; Votes Thrown Out in Afghan Election Protesters run away from French riot police during clashes in Lyon. Photo by Philippe Desmazes/AFP/Getty Images. French riot police forced union workers away from blocked fuel depots in western France on Wednesday as strikes against government plans to increase… Continue reading
Oct 20 Watch UK Budget Cuts: Timing, Scale Debated, But Not Principle In light of the UK's new austerity measures, Jeffrey Brown gets two perspectives about Britain's financial future with Ned Temko of The Observer and The Economist's Zanny Minton. Continue watching
Oct 19 One Producer's Take on Putting a Human Face on the Foreclosure Story By Elizabeth Shell Editor’s note: Here on Making Sen$e, we like to highlight great and interesting work, tools and multimedia that are circulating the Web. While those usually involve the bylines of economists or business experts, that’s not always the case. Continue reading
Oct 19 Watch Boston Group Helps Homeowners 'Stand Up, Fight Back' Against Foreclosure Paul Solman reports on a Boston non-profit group that is helping families and homeowners stay in their homes in the face of foreclosure. This is the second in an occasional series on the mortgage crisis. Continue watching