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 [...]
Continue reading...Wednesday, November 4, 2009
Today HOPE NOW will host Save Your Home in St. Louis. The event will be from 2 p.m.-8 p.m. at the America’s Center–more details from their flyer are below. Don’t miss this opportunity to meet with your lender face-to-face–it’s free! At the event there will be: -The opportunity to meet one-on-one with your lender to [...]
Continue reading...Tuesday, October 27, 2009
Next Wednesday, 11/4, HOPE NOW will host Save Your Home in St. Louis. The event will be from 2 p.m.-8 p.m. at the America’s Center–more details from their flyer are below. Don’t miss this opportunity to meet with your lender face-to-face–it’s free! At the event there will be: -The opportunity to meet one-on-one with your lender [...]
Continue reading...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...Thursday, October 8, 2009
Reuters reported yesterday that an American home falls into foreclosure every 13 seconds, a disturbing statistic that demonstrates the intensity of the current recession. The report goes on to emphasize what we’ve seen in the St. Louis community: the driving force behind foreclosures is not the terms of the loan, but a lack of income [...]
Continue reading...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...Thursday, September 24, 2009
Recently the St. Louis Beacon reported on the results of the “Save the Dream Tour,” held by NACA (Neighborhood Assistance Corporation of America). The four-day event, aimed at helping financially troubled homeowners, was in St. Louis July 31st to August 3rd at the Chaifetz Arena. The Beacon spoke with Sherre Waggoner of Maplewood, who attended [...]
Continue reading...Tuesday, September 22, 2009
KETC attended the monthly meeting of the Metro St. Louis Foreclosure Intervention Task Force last week. The goal of the Task Force is to improve the difficult housing situation faced by our local community and to bring together housing counselors and bank representatives. The group engaged in (often passionate) discussion about the mortgage crisis. One issue [...]
Continue reading...Friday, September 11, 2009
Yesterday the St. Louis Business Journal reported that St. Louis foreclosures increased 32% in August (compared to July); however, the number of foreclosures is down 17% compared to August 2008. To read the full article, click here. The crisis continues, and we’re continuing our efforts in connecting people with the resources they need during these [...]
Continue reading...Monday, August 31, 2009
Since the beginning of Facing the Mortgage Crisis, the Federal Reserve Bank of St. Louis has been an invaluable partner in our work, providing people with the information they need to get through this crisis. Recently Eighth Note, the St. Louis Fed’s publication, featured an article about their relationship with Channel 9. The article talks [...]
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Monday, January 25, 2010
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