Stories
Here is a list of every story produced by Michigan Radio for the Facing the Mortgage Crisis series. Click an arrow button to hear the audio story.
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The Future Design of Detroit Jennifer Guerra November 13, 2009 A Detroit design firm that focuses on abandoned property has some big ideas for the city’s vacant buildings. Read the story.
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Program Helps People Buy Foreclosed Homes Jennifer Guerra November 12, 2009 Oakland County received more than $17 million in Neighborhood Stabilization funds. The county is using the money to put low income residents in foreclosed homes. Read the story.
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An Artistic Approach to Neighborhood Jennifer Guerra November 11, 2009 A couple artists bought a foreclosed house last year in Detroit. The goal was to turn it into a community art center that would hopefully help stabilize the neighborhood. They even convinced a couple of artists from out of town to buy houses. We’ll check in on how their ad hoc neighborhood stabilization program is going. Read the story.
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The Greening of a City Jennifer Guerra November 10, 2009 The Genesee County Land Bank has acquired more than 4,000 tax foreclosed properties in Flint alone. And that number is expected to grow as more homes go into foreclosure. A new program will turn those foreclosed lots into pleasant green spaces. Read the story.
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Aging Out of Foster Care and Into Affordable Housing Jennifer Guerra November 9, 2009 A foster care facility in Dearborn Heights sees opportunity in foreclosed homes. Read the story.
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Deciding to Walk Away Sarah Hulett July 24, 2009 Sinking home values, lost equity, and the inability to sell have some families considering whether to walk away from their homes. Read the story.
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| Not Facing It Alone Steve Carmody July 23, 2009 The rising number of homeowners in Michigan facing foreclosure has lead to the rise of a new specialty: distressed property expert. Read the story.
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What Detroit Can Learn From Cleveland Jennifer Guerra July 20, 2009 Detroit has one of the worse foreclosure rates in the country, but just a couple years ago, Cleveland was in the same position. But Cleveland has made some progress in that department with a new program it rolled out earlier this year. Read the story.
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| Almost Losing the Family Farm Kyle Norris July 20, 2009 The Braun family barely avoided losing their farm. Their housing counselor, Kathy Grant, helped them avoid foreclosure at the last minute. Here Paula Braun tells us her story in her own words. Read the story.
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Hoping For Help, Falling For Fraud Dustin Dwyer July 17, 2009 If you’re facing the possibility of foreclosure, or if you’re just trying to get help cutting your credit card bill, there are a lot of companies that will say they can help you. But in Michigan, some these companies just want to scam you. Read the story.
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Foreclosure Freeze Rick Pluta July 16, 2009 Part of Michigan’s response to the foreclosure crisis is a new law that gives homeowners the chance to freeze for 90 days any action to repossess houses or condominiums. Read the story.
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Cleaning Up in the Wake of Foreclosed Homes Vincent Duffy July 15, 2009 Foreclosures don’t just hurt families, they hurt entire neighborhoods. Foreclosed properties reduce the value of other homes around it, and if houses sit vacant too long, they attract vandalism and crime. Read the story.
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Emotional Effects of Foreclosure Rina Miller July 14, 2009 We hear lots of statistics about the foreclosure crisis. How many people have lost their homes. How much money the banks are losing … and what that means to the economy. But there’s another statistic we don’t hear much about. Read the story.
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Freezing Foreclosure Proceedings Rick Pluta July 6, 2009 A new law allows homeowners to freeze foreclosure proceedings for 90 days while they try to work out new payment arrangements with their lenders. Read the story. |
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A Nonprofit Cafe Grows in Ellsworth Jennifer Guerra June 2, 2009 When the economic downturn hit Ellsworth, its 500 residents needed a gathering place, so a local church gave them one. Read the story.
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New Art Space “Hatches” in Hamtramck Katie Carey May 19, 2009 Artists team up with city officials to buy vacant buildings. Read the story.
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The Upside of Foreclosures Jennifer Guerra Mar 11, 2009 Artist Mitch Cope has big plans for the foreclosed houses in his neighborhood. Read the story.
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