Rebuilding After a Bubblicious Bust
Neighborhoods Need Lots Of Help During Mass Foreclosures—But Not Much Help Has Come
How do we rebuild neighborhoods after the foreclosure crisis, and how do we keep people in their homes? New York Times Phoenix Bureau Chief Fernanda Santos opened a discussion at the Heard Museum in downtown Phoenix by posing this question to a panel of people who have studied and tried to solve the problems caused by the country’s housing collapse.
The question is “a little premature,” said Mortgage Resolution Partners CEO Graham Williams. He believes there are still another 6 million foreclosures coming to the country—in Phoenix, Las Vegas, Florida, and …