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
February 12, 2012 By
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
February 12, 2012 By
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
February 10, 2012 By
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
February 9, 2012 By
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?
February 6, 2012 By
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
February 6, 2012 By
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
February 1, 2012 By
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
January 31, 2012 By
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
January 19, 2012 By
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
January 18, 2012 By
Randy Shaw: The Occupy movement could greatly benefit from choosing a similar big target that could engage activists across the world.
Occupy Our Homes: The Next Stage
December 6, 2011 By
Peter Dreier: Perhaps because so many Occupiers have recently been evicted from their encampments in cities across the country, they have found common cause with the growing number of American families facing foreclosure.
Victory! Transforming Occupy Wall Street From a Moment to a Movement
October 7, 2011 By
Nevada Wallops Bank of America With Sweeping Suit
August 31, 2011 By
Paul Kiel: Nevada’s action signals that the banks’ problems with home mortgages—the main cause of the financial crisis—continue to burden them and rattle investors.
Blacks and Latinos Will Suffer When the Student Debt Bubble Bursts
August 28, 2011 By
David Love: There is every indication that the bursting of the student debt bubble, like the housing bubble before it, is imminent. And when it happens, it will send shockwaves throughout the financial markets. People of color will be especially vulnerable.
PCL offers monthly Open House Events on the 2nd Saturday at 2pm and 3rd Thursday at 6pm. Click here to learn more.
Recent Comments