According to the New York Times, eviction cases are expected to soar in New York City as housing courts reopen and landlords seek to recoup income lost during the pandemic. Questions: What is the estimate of how many eviction actions will be filed in New York City’s housing courts in the coming days? In addition… Read more »
Posts Tagged: eviction
Here we Go Again! Contracts for Deed!
In the 1930s through the 1960s, most African-Americans could not get mortgages. This was because the U.S. government deemed neighborhoods where they lived ineligible for federal mortgage insurance, which was the Depression-era innovation that made mortgages widely affordable. As a result, hucksters moved in and peddled homeownership through contracts for deed, where the home seller… Read more »