Detroit's foreclosure meltdown

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Man buys home he squatted in for $500

Man buys home he squatted in for $500Earl Jones struggles to keep his Detroit home as his tax bill might force him back to the streets.
  • News
  • 3 years ago
News

Man buys home he squatted in for $500

Man buys home he squatted in for $500Earl Jones struggles to keep his Detroit home as his tax bill might force him back to the streets.
  • News
  • 3 years ago
News

Man buys home he squatted in for $500

Man buys home he squatted in for $500Earl Jones struggles to keep his Detroit home as his tax bill might force him back to the streets.
  • News
  • 3 years ago
Detroit

Mass evictions loom after homes sold off

Mass evictions loom after homes sold offWayne County’s tax foreclosure auction is stoking fears of widespread evictions in Detroit
  • Detroit
  • 3 years, 1 month ago
Detroit

Law that ends tax-debt loophole snags homeowners

Law that ends tax-debt loophole snags homeownersA new law aimed at cracking down on tax-dodging landlords is preventing poorer city residents from saving their homes
  • Detroit
  • 3 years, 1 month ago
Special Reports

Detroit braces for a flood of tax foreclosures

Detroit braces for a flood of tax foreclosuresWayne County to auction 30,000 homes in fall; a third of them are still occupied
  • Special Reports
  • 3 years, 2 months ago
Special Reports

Detroit braces for a flood of tax foreclosures

Detroit braces for a flood of tax foreclosuresWayne County to auction 30,000 homes in fall; a third of them are still occupied
  • Special Reports
  • 3 years, 2 months ago
Special Reports

Top companies with most blighted Detroit foreclosures

Lenders with most now-blighted Detroit homesA look at the lenders and foreclosing companies with most troubled homes from 2005-14
  • Special Reports
  • 3 years, 4 months ago
Special Reports

Top companies with most blighted Detroit foreclosures

Lenders with most now-blighted Detroit homesA look at the lenders and foreclosing companies with most troubled homes from 2005-14
  • Special Reports
  • 3 years, 4 months ago
Special Reports

Gilbert, Quicken Loans entwined in Detroit blight

Gilbert, Quicken Loans entwined in Detroit blightDetroit-based lender fifth in failed city loans; founder heads efforts to raze eyesores
  • Special Reports
  • 3 years, 4 months ago
Special Reports

Gilbert, Quicken Loans entwined in Detroit blight

Gilbert, Quicken Loans entwined in Detroit blightDetroit-based lender fifth in failed city loans; founder heads efforts to raze eyesores
  • Special Reports
  • 3 years, 4 months ago
Special Reports

Foreclosures leave a wake of drugs, squatters, arson

Foreclosures leave wake of drugs, squatters, arsonBlight hits home after home in a once-solid Detroit neighborhood
  • Special Reports
  • 3 years, 4 months ago
Special Reports

Volume of abandoned homes 'absolutely terrifying'

Volume of abandoned homes ‘absolutely terrifying’Since 2005, more than 1-in-3 Detroit properties have been foreclosed because of mortgage defaults or unpaid taxes
  • Special Reports
  • 3 years, 4 months ago
Special Reports

Volume of abandoned homes 'absolutely terrifying'

Volume of abandoned homes ‘absolutely terrifying’Since 2005, more than 1-in-3 Detroit properties have been foreclosed because of mortgage defaults or unpaid taxes
  • Special Reports
  • 3 years, 4 months ago
Special Reports

Volume of abandoned homes 'absolutely terrifying'

Volume of abandoned homes ‘absolutely terrifying’Since 2005, more than 1-in-3 Detroit properties have been foreclosed because of mortgage defaults or unpaid taxes
  • Special Reports
  • 3 years, 4 months ago
Special Reports

Foreclosures fuel Detroit blight, cost city $500 million

Foreclosures fuel Detroit blight, cost city millionsRisky loans contribute to swaths of empty homes, lost tax revenue
  • Special Reports
  • 3 years, 4 months ago
Special Reports

Foreclosures fuel Detroit blight, cost city $500 million

Foreclosures fuel Detroit blight, cost city millionsRisky loans contribute to swaths of empty homes, lost tax revenue
  • Special Reports
  • 3 years, 4 months ago
Special Reports

Detroit backed off suing lenders over risky mortgages, blight

Detroit backed off suing subprime lendersAs bankruptcy closed in, city leaders had other priorities
  • Special Reports
  • 3 years, 4 months ago
Special Reports

Detroit backed off suing lenders over risky mortgages, blight

Detroit backed off suing subprime lendersAs bankruptcy closed in, city leaders had other priorities
  • Special Reports
  • 3 years, 4 months ago
Special Reports

Detroit backed off suing lenders over risky mortgages, blight

Detroit backed off suing subprime lendersAs bankruptcy closed in, city leaders had other priorities
  • Special Reports
  • 3 years, 4 months ago
Special Reports

5 Michigan firms tied to most Detroit foreclosures

5 Michigan firms tied to most Detroit foreclosuresCitywide, an average of 56 percent of mortgage-foreclosed homes are now blighted
  • Special Reports
  • 3 years, 4 months ago
Special Reports

Database, map: Foreclosed Detroit homes

Database, map: Foreclosed Detroit homesSearch by price, location or other information for tax-foreclosed homes auctioned in the last five years
  • Special Reports
  • 3 years, 4 months ago
Special Reports

Understanding prime vs. subprime loans

Understanding prime vs. subprime loansBrian O'Connor, personal finance columnist for The Detroit News, explains the difference between prime and subprime loans, and how the effect of subprime mortgages snowballed in Detroit.
  • Special Reports
  • 3 years, 4 months ago
Special Reports

Understanding prime vs. subprime loans

Understanding prime vs. subprime loansBrian O'Connor, personal finance columnist for The Detroit News, explains the difference between prime and subprime loans, and how the effect of subprime mortgages snowballed in Detroit.
  • Special Reports
  • 3 years, 4 months ago
Special Reports

What went wrong on Greensboro Street

What went wrong on Greensboro StreetRavaged by the subprime mortgage meltdown, owners of 33 of 38 homes went into foreclosure. Home values dropped, balloon interest payments rose, and many had no choice but to walk away.
  • Special Reports
  • 3 years, 4 months ago
Special Reports

What went wrong on Greensboro Street

What went wrong on Greensboro StreetRavaged by the subprime mortgage meltdown, owners of 33 of 38 homes went into foreclosure. Home values dropped, balloon interest payments rose, and many had no choice but to walk away.
  • Special Reports
  • 3 years, 4 months ago
Special Reports

Reporters discuss Detroit's foreclosure crisis

Reporters discuss Detroit’s foreclosure crisisJoel Kurth and Christine MacDonald visit Prest Street, where many homes were foreclosed and abandoned, some more than once.
  • Special Reports
  • 3 years, 4 months ago
Special Reports

Reporters discuss Detroit's foreclosure crisis

Reporters discuss Detroit’s foreclosure crisisJoel Kurth and Christine MacDonald visit Prest Street, where many homes were foreclosed and abandoned, some more than once.
  • Special Reports
  • 3 years, 4 months ago
Special Reports

Detroit homeowner on Faust Street's decline

Detroit homeowner on Faust Street’s declineTalise Banks talks about the past decade, when homeowners could not meet mortgage payments and keep up the appearance of their houses.
  • Special Reports
  • 3 years, 4 months ago