#HAMP

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Established in 2005, Back on the Block is a progressive publication whose mission is to educate, enlighten, entertain and sometimes challenge. Often critical, sometimes cynical, sometimes irreverent – but always hopeful that what we say and the information that we provide touches the heart and mind.

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Foreclosure Crisis Erases Hard-Won Wealth, Dreams Even In Center Of Black Affluence

Jay Murdock

Feb 2, 2012
15 min

Foreclosure Crisis Erases Hard-Won Wealth, Dreams Even In Center Of Black Affluence

Janell Ross: Business Reporter, Huffington Post – Posted: 1/31/12 08:01 AM ET | Updated: 1/31/12 05:46 PM ET BOWIE, Md. — In the spring of 2007, a few months after Osita Otigba and his wife, Peace, moved to Balk Hill, a new subdivision then being busily developed in this picturesque Washington, D.C., suburb, they organized their cul-de-sac’s first-ever block party. A Nigerian immigrant who runs an executive car service, Otigba learned over burgers and potato salad that his n

John Boehner Fights Foreclosure Relief As Housing Crisis Ravages His District

Jay Murdock

Jun 2, 2011
10 min

John Boehner Fights Foreclosure Relief As Housing Crisis Ravages His District

Regina Moore has lived in her Hamilton, Ohio, home, in the heart of House Speaker John Boehner’s district, for 50 years. Her husband passed away in 2005, and in 2008 she took out a new $72,000 mortgage so she afford to pay her medical bills. She had a steady job, having worked at the Champion Printing Company in Cincinnati for more than two decades. Her monthly payments on her $86,000 home amounted to about $450. It was a simple mortgage for a simple home — no exploding payme

The Non-Mandated Society: Why Obama’s Mortgage Programs Fail

Jay Murdock

Apr 5, 2011
7 min

The Non-Mandated Society: Why Obama’s Mortgage Programs Fail

Janet Ritz – Managing editor, the-environmentalist.org To expect banks to care about Americans over their global shareholders is asking banks to become ‘persons’ rather than corporate persons. When programs come from Washington as guidelines rather than mandated, banks use them to maximize profits at the expense of those the initiatives are meant to help. That would seem a harsh statement until one takes into account disturbing reports that support such a conclusion. It’s bec

End Foreclosure Assistance Programs as Economy Starts to Recover? Sounds Like a Terrible Idea

Jay Murdock

Mar 16, 2011
3 min

End Foreclosure Assistance Programs as Economy Starts to Recover? Sounds Like a Terrible Idea

Rep. Maxine Waters: Progressive Congresswoman from California Posted: March 15, 2011 02:40 PM Though their stated pledges since coming to power have been to ‘cut the deficit’ and ‘create jobs,’ House Republicans will soon take a series of votes to further solidify a radical agenda that does neither. Instead, this week they will bring to the floor two bills — the Home Affordable Modification Program (HAMP) Termination Act, H.R. 839, and the Neighborhood Stabilization Program T

Jay Murdock

Mar 3, 2011
5 min

GOP strikes at housing programs

By MEREDITH SHINER | 3/2/11 7:56 PM EST POLITICO.COM Congressional Republicans aiming to dismantle President Barack Obama’s agenda have set their sights on an easy target: housing programs that even Democrats, gearing up to fight the cuts, concede have been mismanaged. In the House Financial Services Committee, Republicans plan to mark up four separate bills that will pull the plug on four programs designed to help struggling home owners stave of foreclosure: the Home Afforda

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"Do not seek to follow the footsteps of the wise. Seek what they sought."

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News and Opinion Channel

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RadioActive1 WBOB

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Follow Us On

"Do not seek to follow the footsteps of the wise. Seek what they sought."

Basho

News and Opinion Channel

Recommendations

The Hartmann Report

The Signorile Report

The Banter - Washington DC

Roland Martin Unfiltered

Back on the Block

Music, News and Conversation for Grown Folks

Politicon

Coming to you from the heart of the 330

RadioActive1 WBOB

Your place in cyber space for the most unique listening experience on the internet.

Your place in cyber space for the most unique
listening experience on the internet.