Tag Archive | "NPR"
Personal Finance Classes Increasingly Popular on College Campuses
Depending on their course of study, college students spend four years learning about everything from the genetic code to differential equations to Renaissance literature—and anything in between. Yet many students graduate unprepared to make decisions about their own finances. NPR’s Morning Edition recently aired a story that proves this trend is beginning to change on [...]
Continue reading...Planet Money Live: 11/19
Tuesday, October 20, 2009
St. Louis Public Radio will be hosting Planet Money Live on November 19th at 7 p.m.–Planet Money is a great blog from NPR, so if you have a chance check it out! Tickets are $15 for members and $20 non-members–contact St. Louis Public Radio at 314-516-5968 for ticketing information. “Planet Money” is an NPR multimedia team covering [...]
Continue reading...“Planet Money” Reports: Six unemployed people for every available job
Wednesday, October 14, 2009
NPR’s “Planet Money” blog recently crunched the newest unemployment numbers, with less-than-encouraging results. The blog took into consideration America’s 15.1 million unemployed people (as of September), and the 2.4 million available jobs (as of the last day of August). The result: all of this computes to about six unemployed people for every available job. Despite [...]
Continue reading...Credit Card Reform Act Might be off to an Earlier Start
Wednesday, October 7, 2009
In May of this year, Congress passed the Credit Card Reform Act. The law is meant to protect American consumers from high credit card fees, increases in interest rates without warning, and unfair billing practices. The law will not actually take effect until February 2010, but many lawmakers are urging for the law’s start date [...]
Continue reading...“The Giant Pool of Money” and the Mortgage Crisis
Wednesday, September 30, 2009
Earlier this month, This American Life, the popular radio program from Chicago Public Radio, produced an hour-long story called “The Giant Pool of Money”. The program tells the story of how the sub-prime mortgage crisis began, with input from the actual Wall Street players who contributed to it. Producer Alex Blumberg and NPR’s Alex Davis [...]
Continue reading...The Center for Responsible Lending: New loan modification numbers
Friday, July 31, 2009
We found this chart on NPR’s Planet Money site. The graph, recently released by The Center for Responsible Lending, shows the huge disconnect between homeowners who are struggling to make their mortgage payments and homeowners who successfully receive loan modifications. You can also see the considerable rise since 2007 in homeowners who are struggling to [...]
Continue reading...NPR Profiles the Faces of the Recession
Tuesday, July 14, 2009
NPR is showing the impact of America’s ongoing recession by spotlighting individuals who have been affected by unemployment. In an online series entitled Portraits of the Unemployed, NPR follows Americans who are facing the hardships that come with joblessness and a weak economy. This look at “the faces behind America’s unemployment numbers” is a powerful [...]
Continue reading...Problems with the Making Home Affordable Program
Thursday, June 11, 2009
NPR’s All Things Considered recently reported on the Making Home Affordable initiative signed into law by President Obama in March. Though the plan promises to help 4-5 million homeowners, so far it has successfully modified only 17,000 mortgages. For many Americans, applying for help through the initiative has turned out to be a confusing and [...]
Continue reading...Tune in Tonight! – 5/26/2009
Tuesday, May 26, 2009
Tonight from 8-9 p.m. KWMU–90.7 FM–will air “Hard Times in Middletown,” hosted by Kai Ryssdal of Marketplace. This will be the third of four documentaries from American RadioWorks®–the four programs help explain the current economic crisis we face today. To learn more about tonight’s program and other Facing the Mortgage Crisis programs on KWMU, CLICK HERE.
Continue reading...Reverse Mortgages
Monday, May 4, 2009
Last week NPR‘s Morning Edition included a story about reverse mortgages–what they are, how they work, and the pros and cons. You can listen to the broadcast and check out a Q&A about reverse mortgages by clicking here.
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.
Wednesday, October 21, 2009
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