Congress passed legislation in 1996 creating a viability test for all large public-housing projects more than 10% of whose homes are empty.
ECONOMIST: High-rise brought low at last
If true, this will be a blow to all homeowners whose homes are valued close to or under the dollar amount of debt owed on their home.
FORBES: Home Values Could Fall Another 20%+
The detailed reviews for all 495, 000 borrowers whose homes were in foreclosure in 2009 and 2010 and who submitted compensation claims as of December 31, 2012 will never be completed.
FORBES: Settling The Foreclosure Reviews: Winners And Losers
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