The Dubious Seizure of Laurel Greenstein’s Home

laurel greenstein

Dan Bluemel: Now, at nearly 60 years of age, she is broke, beset with medical issues, unemployed and homeless. She currently stays at various homes of friends, but has had to spend a few nights in her car.

Will JPMorgan Chase Bankers Finally Pay the Piper?

kamala harris

RJ Eskow: Will Kamala Harris hang tough in her new lawsuit against JPMorgan Chase, the first to target individual bankers accused of defrauding the public? If so, it would be the first time in five years that executives at a major bank have personally paid a price for their misdeeds.

Occupiers Keep Fighting for LA Homeowners

occupy wells fargo

Dan Bluemel: Upset with Wells Fargo’s foreclosure practices, protesters held a demonstration on May Day that briefly shut down one of the bank’s branches in downtown Los Angeles.

Foreclosures Down 75% on Heels of Homeowners Bill of Rights

kamala harris

Rebecca Band: Our housing market does appear to be rising above the politics of decline since the enactment of the Homeowners Bill of Rights, and it’s in large part due to the outpouring of support from working families from all walks of life

ACLU-SC Pasadena/Foothills Foreclosure Forum Returns November 13

aclu foreclosure forum

What progress have we made locally, statewide, nationally? Representatives from Occupy Fights Foreclosure, LA Housing Authority, and Occupy Pasadena will answer — Tuesday, November 13.

Homelessness Can Strike Twice!

vegas sign

Charley James: For the estimated 10-to-12 million Americans who’ll be homeless for at least one night this year, the impact is devastating enough when you lose your own place once.

Fixing Mortgage Mess: Game-Changing Implications of Bain v. MERS

bank behavior

Ellen Brown: While banks and investors were busy counting their profits behind the curtain of MERS,  homeowners and counties have been made to bear the losses.  The city of San Bernardino is in such dire straits that on August 1, it filed for bankruptcy.

California Gives Struggling Homeowners a “Fighting Shot”

foreclosure

Steve Mikulan: The new law sounds like a textbook example of how government can and should help its citizens, especially during a time of economic upheaval.

Mitt Romney’s Soliloquy

willard romney

Walter Moss: Krugman simply doesn’t understand in government there’s too much fat (and if you’re a teacher or state worker, probably a Democrat).

A Victory for Homeowners

homeless family

Caitlin Vega: It’s not about the numbers. It’s about the thought of taking your child’s drawings off the wall while telling him you cannot keep him in the place that represents safety and security.

Occupy Fights Foreclosures Forces Bank of America to Rescind LA Foreclosure

off anaya

Cheryl Aichele: Occupy Fights Foreclosures won the home back of an LA homeowner whose home Bank of America fraudulently foreclosed on and sold, even after dutiful payments on a temporary loan modification were made for over a year.

Foreclosure Crisis: Bankers and Forgiveness

bank behavior

Ann Robertson and Bill Leumer: Why is the government so intent on pursuing a double standard when it comes to enforcing the law on the 1 percent and on the rest of us?

Stopping Foreclosures, One House at a Time

stopping foreclosures

Sylvia Moore: As Americans, we have to ask ourselves, how long are our lawmakers going to continue to allow these too-big-to-fail institutions escape accountability?

B of A Lawyer Threatened Occupier Helping Fraudulently Foreclosed Family

occupy fights foreclosure

Cheryl Aichele: Rodriguez asserts that in addition to the threat against Marroquin, Redy used high-pressure tactics to get her sign away her Rights.

Occupy Fights Foreclosures Turns Tables on BofA

occupy fights foreclosures

Cheryl Aichele: Occupy Activists aim to highlight the fraudulent ways in which the nation’s largest mortgage servicer forecloses on millions of innocent families.

Foreclosures 101 – Part 3

Foreclosure

Kwazi Nkrumah: Foreclosure Crisis Continues – There are over 3.5 million American households that are over 4 months in arrears in their mortgage payments.

Move Our Money: New State Bank Bills Address Credit and Housing Crises

move our money

Ellen Brown: We may not be able to beat the banks, but we don’t have to play their game. We can take our marbles and go home.

The Austerity of Hope

rick santorum fetal rights

Vijay Prashad: The “safety net” that Romney mentioned has been frayed beyond recognition since the 1980s. One of the most grotesque problems is hunger.

Fighting Foreclosures: Compassion in Action

occupy los angeles

Matt Ward: Nationwide, the Occupy movement’s defense of foreclosed homes and individuals is an embodiment of the compassion espoused by the history’s greatest prophets and philosophers.

Foreclosures 101 – Part 2

Foreclosure Key

Kwazi Nkrumah: After U.S. housing prices peaked in mid-2006 and began a sharp decline thereafter, refinancing became more difficult.

Kamala Harris: Foreclosure Settlement Scores Points, Raises Questions

kamala harris

Sharon Kyle: Kamala Harris’ broad smile and “down home” style was gobbled up by the crowd as members of the African American Caucus listened and showed support for their Attorney General.

California Attorney General Kamala Harris Agrees to Monumental Settlement

Kamala Harris

Sharon Kyle: Kamala Harris emphasized the need to continue to chip away at the forces behind this crisis, stating that she and her team have instituted a Mortgage Fraud Strike Force which has been created to protect innocent homeowners and bring to justice those who defraud them.

Foreclosures 101 – Part 1

foreclosures soar

Kwazi Nkrumah: For years the banks, real estate agents and investors in real estate securities on Wall Street were making money hand-over-fist. They did all this while pretending to break from their previous established history of gross discrimination and red-lining against the disproportionately non-white borrowers whose limited financial resources forced them into “sub-prime” status in the first place.

Wells Fargo Meets Occupy: Where There’s Smoke There’s Smoke?

kwazi nkrumah

Dick Price: Occupiers expressed satisfaction that their concerns had been heard by Wells Fargo leaders, but frustration that little concrete action had been taken and no promises made for future steps.

Mitt Misses Middle Class’s Decline

entitlement society

Robert Reich: January’s increase in hiring is good news, but it masks a bigger and more disturbing story – the continuing downward mobility of the American middle class.

California AG Kamala Harris Standing Firm Against Foreclosure Settlement

kamala harris

Sharon Kyle: Kamala Harris standing firm on decision to reject bank settlement that could garner the state $15 billion but would release bank liability.

Ex-Marine Fights Freddie Mac to Save His Home

de los santos family

Peter Dreier: recent report sponsored by bank reform groups reveals that if banks lowered the principal balance on all underwater mortgages to their current market value, it would pump over $70 billion per year back into the economy.

The Foreclosure Crisis: Urgent as Ever and Could Get Worse

foreclosure sale

Carl Bloice: There are an estimated 3.5 million seriously delinquent mortgages out there. There were nearly 2.7 million foreclosure filings on about 1.9 million homes last year. That’s down from 2007, but it’s still about one out of every 69 homes in the country.

Occupy Movement Recharges for 2012

occupy keystone

Randy Shaw: The Occupy movement could greatly benefit from choosing a similar big target that could engage activists across the world.

Occupy the Neighborhood: How Counties Can Use Land Banks and Eminent Domain

foreclosure-short

Ellen Brown: Banks and servicers can earn more when the homes are bulldozed—something that is happening in some counties—than from a sale or workout at a loss.

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