Results for Think Out Loud (Other Results)
“Despite the perception that older Americans are more housing secure than younger people, millions of older Americans are carrying more mortgage debt than ever before.”The report also showed the fastest rise of mortgage debt belonged to Americans 75 or older. The percentage increase of seriously delinquent loans among people 50 years or older also made headlines, increasing about 456 percent from 2007 to 2011.
Drive down any residential street these days and it is likely you'll see at least a For Sale sign or two. You might even catch sight of an ominous Foreclosure notice. For some people this signals the possibility of a great deal. For others it evokes fear, as the economy continues to suffer. Could your home be next? On July 30th, Governor Kulongoski signed a bill aiming to prevent unnecessary home foreclosures in Oregon. The legislation makes new requirements of lenders: they must make a “good faith effort” to consider modifying the borrower’s loan; and they must notify borrowers whose homes might be foreclosed upon that they have a right to meet with the lender. The legislation passed following a significant spike in home foreclosures across Oregon in the first half of 2009. Oregon now ranks eleventh in the nation for foreclosures. There have been 19,503 foreclosure-related actions in the last six months. Portland, Salem and Eugene all had at least double the number of foreclosures compared to the first half of 2008. It’s speculated that this rise in foreclosure activity might have more to do with unemployment than subprime mortgages.
Portland Mayor Charlie Hales discusses the city’s new approach to foreclosures on abandoned properties. And best-selling author Mary Roach joins us to talk about her latest book, “Grunt: The Curious Science of Humans At War.”
"I can’t stand all the bad news!" That’s something I've heard a lot from people — even before the credit crunch and global economic meltdown. War, car accidents, foreclosures, you know the stuff. Why does so much of the news we hear or read seem to be "bad news?" We’re going to try to get at that question by discussing the "news values" that often determine whether or not something makes the news. And we’ll also look at professional standards and the cultural assumptions beneath the news. News is produced by people after all. A number of organizations have devoted themselves to producing positive news: Yes! Magazine in Bainbridge Island, WA; Ode in California; and the just-launched Goodness Magazine in Portland, OR.
Just a day after signing the $787 billion stimulus package in Denver, President Obama traveled to Phoenix today to announce his plan to help struggling homeowners avoid foreclosure. The $75 billion plan has been called ambitious and it certainly has its critics. Millions of homeowners could be affected by the plan, which would create incentives for mortgage brokers to renegotiate home loans and put more funds towards government-owned Fannie Mae and Freddie Mac. READ MORE >>
If you're one of the lucky people who live in your own house or apartment, you might look at a white picket fence and think the same thing I do: home, with all the positive associations that come with that word. But for many people who struggle to find or keep a roof over their head, they may look at the fence from the other side: as a reminder of what they don't have. Today on Think Out Loud we're launching a new series called Finding Solutions: What Works and Why where we'll try to explore just that — solutions to some of Oregon's most pressing problems. Take the need for affordable housing as our first case. We've done shows on the economy, on foreclosures, and on homelessness. Today we'll explore some of the factors that lead people to need affordable housing, but, more importantly in this case, we'll examine what ideas are out there to provide homes to more people. We'll focus on people who are taking on different aspects of the problem of unaffordable housing and the people whose lives have been transformed by being able to find affordable housing for themselves and their families. In other words, the possible solutions instead of the problem itself.
Portland Business Journal editor Rob Smith will be in studio for our regular business update. Here are some of the topics we'll be looking at:
Are you trying to decide who to vote for this November for Mayor of Portland? If so, here's your opportunity to hear both candidates, Charlie Hales and Jefferson Smith, answer the tough questions about the future of the city. From fluoride to foreclosures, development to diversity, we'll get the straight talk from both of them on the issues of most importance to Portlanders. The event will take place in the OPB Television studio. It will air live on OPB Radio and OPB Plus, with a rebroadcast on OPB TV later in the week. Follow along and participate in the discussion on our Live Blog:
Changes are afoot at the North Park Blocks in Portland. Two colleges — Pacific Northwest College of Art and Oregon College of Oriental Medicine — are resettling near Portland's Old Town neighborhood in the coming years. The colleges will bring over 1000 students, instructors, and staff members to the urban area currently dotted with many social services. Neighborhood advocates hope it will bring increased economic activity to an area that some see as blighted. In other business news, analysts are seeing an increase in small business loans, a good sign of a recovering economy (though real estate trends remain relatively dismal). Meanwhile, the battle over the economics of several potential coal terminals in the Northwest continues to rage, with each side lobbing arguments over the economic wisdom of going forward.
A committee of lawmakers in Salem heard a somewhat optimistic revenue forecast this week. The Legislative Emergency Board, which meets to do the state's business between sessions, is also close to voting on a plan to fund a program to help with the foreclosure problem and monitor mortgage fraud. Meanwhile, the official unemployment rate for the state is down. Harry Esteve covers politics for The Oregonian and joins us for an update.
Results for OPB
Are you trying to decide who to vote for this November for Mayor of Portland? If so, here's your opportunity to hear both candidates, Charlie Hales and Jefferson Smith, answer the tough questions about the future of the city. From fluoride to foreclosures, development to diversity, we'll get the straight talk from both of them on the issues of most importance to Portlanders.
The 2012 candidates for Portland mayor, Charlie Hales and Jefferson Smith, were on OPB's Think Out Loud October 9 for a "candidate conversation.+ Candidates, Charlie Hales and Jefferson Smith, answered questions about the future of the city, from fluoride to foreclosures, development to diversity.
The Portland-Vancouver area has the second highest percentage of "zombie foreclosures" in the nation, according to a new report from the Internet housing firm RealtyTrac.
An Oregon group that's urging people to stay in their houses after foreclosure is appealing to police not to enforce court-ordered evictions.
A state program aimed at helping people avoid foreclosure is now open to residents of Oregon's three most populated counties. Applicants can get up to $20,000.
A crowd of activists is on site in support of a Portland woman fighting a home foreclosure.
The number of Oregon homes with foreclosure filings hit a five-year low last month. But, the drop could be a result of legal changes, as much as an improving economy.
A thousand slots from a mortgage assistance program that was under-used in some rural Oregon counties will be available statewide, starting Wednesday.