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.
Loan Mods Link Homes in Foreclosure Revolt
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Dan Bluemel: Despite government programs designed to improve the situation, the light at the end of the tunnel seems very far indeed for foreclosure victims. Thus the desperate turn to organizations like Occupy Fights Foreclosure..
Foreclosure Revolt Spreads to East LA
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Dan Bluemel: The banks are banking on the fact that nobody is going to defend the little guy,.
East LA Family, Occupy LA Fight Home Foreclosure
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Dan Bluemel: At the request of a homeowner under foreclosure, occupiers have barricaded themselves inside another home. They hope to stave off eviction and force an amicable arrangement with the mortgage lender.
Homelessness Can Strike Twice!
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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
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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.
A Victory for Homeowners
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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
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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
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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
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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
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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
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Cheryl Aichele: Occupy Activists aim to highlight the fraudulent ways in which the nation’s largest mortgage servicer forecloses on millions of innocent families.
Occupy Fights Foreclosure Fighting to Save Defrauded Family’s Home
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Cheryl Aischele: Occupy Fights Foreclosures (OFF), a sub-committee of Occupy LA, joined neighbors in the South Adams community to help a widow who fell victim to foreclosure fraud by at least three companies.
Foreclosures 101 – Part 3
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Kwazi Nkrumah: Foreclosure Crisis Continues – There are over 3.5 million American households that are over 4 months in arrears in their mortgage payments.
Fighting Foreclosures: Compassion in Action
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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
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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
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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
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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
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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?
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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.
The Foreclosure Crisis: Urgent as Ever and Could Get Worse
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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 Our Homes: The Next Stage
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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.
Supercommittee Sins
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Brent Budowsky: The sin of the supercommittee is that it has merely mirrored the old-think politics it was created to rise above.
Maybe They Should Occupy LA’s Neighborhood Councils
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Stephen Box: Occupy LA has faced one of the most potent of enemies, an ambivalent audience, one that is most likely to respond with a tired dismissal based on aesthetics or a weary look of disbelief as issues such as unemployment, foreclosures, homelessness, collapsing infrastructure and a collapsing economy are presented as a call to action.
Nevada Wallops Bank of America With Sweeping Suit
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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.
What Will It Take to Bring Obama Home? Civics 101
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Sharon Kyle: Progressives are asking what it will take to get the President to support the issues he ran on. My answer, the country needs to take Civics 101.
Foreclosure Contractors Face New Scrutiny From States
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Marian Wang: Prosecutors in California and Illinois have sent subpoenas to Lender Processing Services, one of the largest firms that processed mortgage documents for the banks.
Banks Should Pay for the Foreclosure Crisis
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Peter Dreier: It doesn’t make sense to make severe cuts to state and local budgets only to allow Wall Street banks and their overpaid CEOs to drain billions more from our states.
Treasury Slow Fixing Foreclosure Prevention Program
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Marian Wang: By the end of last year, the program had given nearly 1.5 million households “a chance” of a mortgage modification through a trial modification. For most, that chance never turned developed into permanent help.
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