Tag Archive | "Angela Smith"
Giving Back to Our Community
I want to take this opportunity – on behalf of Channel 9 – to wish everyone a happy New Year. After everything that has happened in 2008 we want everyone to know that our efforts to connect people to resources and provide local context to the financial crisis will continue into 2009. It has been [...]
Continue reading...Urban League hosts free financial literacy workshops
Monday, September 29, 2008
September 29, 2008 KETC community partner Urban League will host this series of workshops, which will cover topics such as financial literacy and foreclosure prevention. This event is free and open to the public.
Continue reading...First draft of $700 billion bailout offers no concrete solution for troubled homeowners
Tuesday, September 23, 2008
September 23, 2008 Over the past two weeks, market-rattling changes on Wall Street such as Lehman Brothers’ bankruptcy and the government’s $85 billion rescue of AIG shook investor confidence and saw stocks at their lowest since trading resumed post 9/11. Last week, Treasury Secretary Henry Paulson proposed a $700 billion bank bailout to revive the economy during what [...]
Continue reading...Unanswered Questions: Poverty and Political Solutions
Friday, September 19, 2008
September 19, 2008 Over the last three months, KETC’s Facing the Mortgage Crisis initiative has focused on how the crisis affects the entire community. We’ve addressed issues like foreclosure related crime, mortgage scams and the ripple effect. Now we’d like to invite you to be part of a conversation about an issue that truly ripples out and affects [...]
Continue reading...St. Louis Beacon discusses Wall Street woes with local economist
Wednesday, September 17, 2008
September 17, 2008 Published September 16 at www.stlbeacon.org By Dale Singer Venerable financial names are being swallowed or going broke, the stock market is heading south and the financial websites and cable networks might as well have a black border around their screens. What should you do? What can you do? When will things improve? [...]
Continue reading...How will mergers and government bailouts affect mortgage holders?
Monday, September 15, 2008
September 15, 2008 Lehman Brothers filed for bankruptcy. Bank of America bought Merrill Lynch. AIG teeters on disaster. We know that the news isn’t good, but how bad will it get for homeowners as this crisis continues its downward spiral? According to this article by MSNBC.com, industry professionals don’t foresee a turn around in the near future, but [...]
Continue reading...The ripple effect: foreclosure related crime
Monday, September 8, 2008
September 8, 2008 The St. Louis Post Dispatch recently published an article about copper theft in Belleville, IL. In the past two weeks, four vacant homes have had copper utility pipes stolen and vandals have destroyed the plumbing and graffitied the properties. This article happened to come out the same day Schron Jackson of the St. Louis Police [...]
Continue reading...Is now a good time to buy?
Thursday, August 28, 2008
August 29, 2008 The Boston Globe published this article a couple of days ago. I think it’s a solid starting point for people who are contemplating the purchase of a home, but have reservations given the state of the housing market. Though the mortgage crisis has created opportunities for buyers, it has also made people gravely aware [...]
Continue reading...Share your tips and stories through KETC’s mortgage line
Wednesday, August 27, 2008
August 27, 2008 If you’ve got a tip or experience that you’d like to share with our community, call KETC’s mortgage crisis line at (314) 512-9192 and leave a message. Patrick Murphy explains how your stories could help our community: You need to a flashplayer enabled browser to view this YouTube video
Continue reading...Legal resources for Missouri and Illinois residents
Monday, August 25, 2008
August 25, 2008 Since St. Louis Beacon ran this article last week about the legal process in Missouri foreclosures, I wanted to expand on those resources and also provide some information about the process in Illinois. In Illinois Because the foreclosure process has to go through the court system, Illinois foreclosures usually take about a [...]
Continue reading...Take Action
Audio / Video
The St. Louis Beacon posted a new segment in their Job Talk series earlier this week. This report describes GO! Network and its work to help unemployed professionals in St. Louis. The economic downturn has led to unemployment among groups who have never before had to worry about paying their bills on time. Among them [...]
Reverse mortgages are a complicated product and aren’t appropriate for everyone. In our final video of the series, Buz describes the basic considerations that seniors must make when determining if a reverse mortgage is right for them. We hope you’ve enjoyed these videos. A huge thanks to Buz Zeman for talking with us. Additional information on reverse [...]
The explosive popularity of reverse mortgages and the flood of advertisements that followed have spread a number of misconceptions about reverse mortgages. Buz addresses a number of them in this video, explaining what reverse mortgages are and aren’t. He also talks about popular scams and how to avoid them. Look for the final video of [...]
Several weeks ago, Lauren had a conversation with Buz Zeman of Housing Options Provided for the Elderly (HOPE), an organization that counsels seniors on mortgages and other housing issues. Buz said that he has had to devote much of his time lately to explaining reverse mortgages. Though this sort of loan is not new, it’s [...]
In this video, St. Louis Mayor Francis Slay suggests that anyone facing foreclosure or in trouble with their mortgage seek assistance and determine if they are eligible for the Refinance and Loan Modification program. More information can be found at www.makinghomeaffordable.gov.
In this video, St. Louis County Executive Charlie Dooley encourages those facing financial hardship or anyone who fears losing their home to seek assistance. Tax-payer funded, HUD-certified housing counselors offer services at no charge, and can assist someone facing foreclosure with discussing options with their lender. For information or to connect to resources, call the [...]
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- The Beacon’s Series on the St. Louis Area Foodbank
- Good News in March Unemployment Numbers
- Lessons from the Wright Family on Seeking Help
- Staring a Business – Upcoming Workshop from the Urban League
- New Employment Resource from Ready, Aim, Advocate!
- Walking Away from Underwater Mortgages
- Beacon: Foreclosure Struggles Linger in St. Louis
- From the Beacon’s Job Talk: GO! Network
- Reverse Mortgage Considerations
- Job Talk from the St. Louis Beacon
© 2010 Facing the Mortgage Crisis
in Partnership with the CPB.
Tuesday, December 30, 2008
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