Showing 1 to 6 of 6 results
GTA Housing Market Stress: A Seven-Fold Surge in Non-Performing Mortgages
The average share of non-performing mortgages in the GTA has surged seven-fold since the first quarter of 2017, reaching almost 0.42 percent in the second quarter of 2023, driven by higher borrowing costs, rising unemployment, and falling property values.
GTA Housing Market Stress: A Seven-Fold Surge in Non-Performing Mortgages
The average share of non-performing mortgages in the GTA has surged seven-fold since the first quarter of 2017, reaching almost 0.42 percent in the second quarter of 2023, driven by higher borrowing costs, rising unemployment, and falling property values.
Progress
16% Bias Score
VA Ends Mortgage Rescue Program, Raising Foreclosure Concerns for Veterans
The Department of Veterans Affairs is ending its mortgage rescue program, VASP, on May 1, 2025, raising concerns about potential foreclosures among the approximately 81,000 veterans in default on their VA mortgages as of February 2025, prompting debate over alternative solutions.
VA Ends Mortgage Rescue Program, Raising Foreclosure Concerns for Veterans
The Department of Veterans Affairs is ending its mortgage rescue program, VASP, on May 1, 2025, raising concerns about potential foreclosures among the approximately 81,000 veterans in default on their VA mortgages as of February 2025, prompting debate over alternative solutions.
Progress
44% Bias Score
Record Low Loan Approvals in Russia Amidst Strict Credit Policies
Russian banks approved only 4% of consumer loan applications in February 2025—a record low—while applications increased by 89% year-on-year due to the Central Bank's 21% key rate and strict lending criteria, impacting both consumer and mortgage loans.
Record Low Loan Approvals in Russia Amidst Strict Credit Policies
Russian banks approved only 4% of consumer loan applications in February 2025—a record low—while applications increased by 89% year-on-year due to the Central Bank's 21% key rate and strict lending criteria, impacting both consumer and mortgage loans.
Progress
44% Bias Score
Climate Disasters Fuel Surge in US Home Repossessions
Rising climate disasters are driving a surge in US home repossessions, with projected $1.2 billion in credit losses in 2025 and 19,000 foreclosures this year, impacting Florida, Louisiana, and California most severely due to uninsured damages, falling home values, and soaring insurance premiums.
Climate Disasters Fuel Surge in US Home Repossessions
Rising climate disasters are driving a surge in US home repossessions, with projected $1.2 billion in credit losses in 2025 and 19,000 foreclosures this year, impacting Florida, Louisiana, and California most severely due to uninsured damages, falling home values, and soaring insurance premiums.
Progress
36% Bias Score
VA Ends Mortgage Rescue Program, Raising Foreclosure Fears
The Department of Veterans Affairs (VA) will terminate its mortgage rescue program, VASP, on May 1, 2025, impacting 17,109 veterans currently enrolled, due to Republican opposition and concerns about taxpayer costs, raising concerns about potential mass foreclosures without a replacement program.
VA Ends Mortgage Rescue Program, Raising Foreclosure Fears
The Department of Veterans Affairs (VA) will terminate its mortgage rescue program, VASP, on May 1, 2025, impacting 17,109 veterans currently enrolled, due to Republican opposition and concerns about taxpayer costs, raising concerns about potential mass foreclosures without a replacement program.
Progress
52% Bias Score
Cooperative Housing: A Solution to Systemic Homeownership Inequality
Despite the 1968 Fair Housing Act, the homeownership gap between White and Black families widened from 27% to nearly 29% due to systemic issues in mortgage financing; cooperative ownership offers a potential solution.
Cooperative Housing: A Solution to Systemic Homeownership Inequality
Despite the 1968 Fair Housing Act, the homeownership gap between White and Black families widened from 27% to nearly 29% due to systemic issues in mortgage financing; cooperative ownership offers a potential solution.
Progress
52% Bias Score
Showing 1 to 6 of 6 results