A record 5.4 million homeowners were either overdue on payments or in foreclosure at the end of last year.
Tag: lenders
Still Eager to Build, Akridge Seeks F.C. Condo Rebound
But Requires Optimism from Its Lenders The Akridge Company, the highly-regarded Washington, D.C., development company, came to City Hall in Falls Church this week confirming its eagerness to build a large, mixed-use project in the teeth of the current housing downturn, and cautiously optimistic that it can sell 150 condominiums.
Jim Moran’s News Commentary
The housing and credit crisis has left no community untouched. Odds are someone in your neighborhood has already fallen behind on their mortgage payments. For those whose mortgages have not stretched their budgets past the point of breaking, it’s tempting to rest in the belief that your neighbor’s struggles are […]
David Brooks: The Bailout Artists
What’s the most underdiscussed issue of this presidential campaign?