help questions resources return
 

Are you a homeowner? Are you a renter? Are you a tax paying citizen of Memphis or Shelby County? Are you a business owner? Are you a parent?

If you answered yes to any of the above,
Memphis area foreclosures affect you.


Below are links to various reports and stories offered through
WKNO-FM, PBS, NPR, Memphis Daily News,
The Commercial Appeal and others.

WKNO - Facing the Mortgage Crisis on Facebook

 

Mortgage and Housing Reports

 

 

8/17/09 - WKNO-FM News - Government efforts to stall the mortgage meltdown are slow going at best. According to Realty Trac, the pace of foreclosure in Shelby County has remained steady, with just a slight drop from a year ago. Candice Ludlow reports.

 

7/16/09 - WKNO-FM News - Memphis has had a historically high foreclosure rate, even before the current mortgage crisis hit two years ago. Since 2005, more than 21,000 homes have been foreclosed upon. Candice Ludlow uncovers how one group gets caught up in foreclosure, often with no warning.

More info: Don't Wait Until It's Too Late - pdf


7/16/09 - Rueters - Foreclosures at record high in first half 2009 despite aid.


7/16/09 - Memphis Daily News - Q2 foreclosures down in home sector, but up overall.


7/15/09 - The Best Times with Cris Hardaway - The Mortgage Crisis, Part I
The Mortgage Crisis, Part II


7/14/09 - Memphis Daily News - Stimulus funds will be used to repair Memphis neighborhoods ravaged by foreclosure and blight.


financialstability.gov - Making home affordable - Borrower FAQ


7/10/09 - Pro Publica - Obama Admin to Mortgage Servicers: Do More (Please).


7/10/09 - Pro Publica - Gov’t Foreclosure Program: Who Are The Holdouts?


7/10/09 - The Commercial Appeal - Rep. Steve Cohen tells of Memphis woes from foreclosures.


7/8/09 - The NewsHour with Jim Lehrer -
Foreclosures in Wealthier Monied 'Burbs May Signal Trouble Ahead.


7/7/09 - The Commercial Appeal - Memphis area home sales decline for May 09


7/3/09 - NPR News- Mortgage burning parties?


7/2/09 - Memphis Daily News - Gov't Foreclosure Help Will Reach More Homeowners.


6/2/09 - The Commercial Appeal - Economic downturn affects children's futures.


5/28/09 - The Commercial Appeal - Housing crisis breeds scams.


5/24/09 - The Commercial Appeal - Housing law has help for renters.
More information for renters.


5/21/09 - Online NewsHour - Economics Reporter Finds Self in Mortgage Crisis.


5/12/09 - In December 2008, the Memphis and Shelby County Commissioners announced that they would pursue a lawsuit against predatory lenders. Now it’s May and it still hasn’t been filed. Candice Ludlow from WKNO-FM News spoke with Memphis Daily News senior reporter Bill Dries to find out if the suit will move forward.


5/11/09 - The Memphis Area Homebuilders Association developed a new initiative to reduce housing stock. Candice Ludlow spoke with Eric Smith of Memphis Daily News about this new program.


2/6/09 - NOW on PBS - Coping with the mortgage mess.


11/26/08 - Mortgage workout fraud affecting home owners in Shelby County.


11/24/08 - Real estate company Crye-Leike has stepped up to the plate to help people facing foreclosure keep their homes. Candice Ludlow from WKNO-FM News spoke with Eric Smith of Memphis Daily News about Crye-Leike’s new program.


11/6/08 - City of Memphis and Shelby County officials are considering lawsuits against local mortgage companies practicing predatory lending. Nicole Erwin from WKNO-FM News spoke with Memphis Daily News reporter Andy Meek about what's next.


9/9/08 - Candice Ludlow spoke with Eric Smith, who covers real estate for Memphis Daily News, about the latest in the Memphis market.


6/13/08 - Eric Smith of Memphis Daily News discusses the declining mortgage lending market in Shelby County.


5/6/08 - Open any mail from the Tennessee Housing Development Agency and contact a housing counselor. Candice Ludlow reports for WKNO-FM News.


5/1/08 - There’s hope for those facing foreclosure. The state is encouraging borrowers to contact a housing counselor. Candice Ludlow reports for WKNO-FM News.

Download the accompanying Word doc. that has a list of agencies offering help.



211 Help

Housing, healthcare, family needs, financial counseling and emergency services.



Check here for commonly asked questions regarding foreclosures.

What you will need to take with you
when visiting a mortgage counselor.

(This is a pdf. A reader is needed to view)


Resources

Find trusted nonprofit organizations in our region that can connect people with the help they need.


Mortgage Crisis Stories

Listen to up-to-the-minute reports
from local and national sources.


Sponsor


 

FHA Tips

 

Facing the Mortgage Crisis
is part of the CPB’s Public Service Media Economic Response Initiative.

©2009 Mid-South Public Communications Foundation |Top of page