Monday, March 5th, 2012
Occupy activists brought their protests to the doorsteps of the home of Wells Fargo CEO John Stumpf in Russian Hill at San Francisco. Stumpf was served with the Occupy’s version of foreclosure notice that stated the bank had defaulted on the trust deed of the people of the country.
Thursday, February 23rd, 2012
The Occupy Las Vegas encampment has fizzled out largely due to their inner squabbles. It took on the appearance of a homeless shelter with unchecked use of marijuana and alcohol. The authorities have given them marching orders. But hard core supporters contend that after going underground for now they will resurface.
Friday, February 3rd, 2012
The Occupy movement has entered another stage after the camping phase. It is now aiming specific targets. It is welcoming other groups like nurse’s group protesting against profit-making medical units. It is also going back to grass-root levels and reaching out to the devastated ordinary man who does not know or understand what is happening around him.
Monday, April 11th, 2011
In Providence foreclosure numbers have been increasing. Direct Action for Rights and Equality has taken the lead in battling the banks; one of its methods is to stage demonstrations. But its vice president admitted that the task is difficult and hardly ever successful.
Agreements Relating to Pooling and Servicing Often Leave Services Unsure About Which Would be More Gainful – Foreclosing or Modifying?
Friday, February 4th, 2011
Senator Sheldon Whitehouse has introduced a bill that will allow bankruptcy court guided mediation talks between the lenders and borrowers to enable a settlement that would avoid a foreclosure where applicable and necessary. This has been in operation in many states but Whitehouse wants it to prevail across the country.
Sunday, October 10th, 2010
Tweet The foreclosure auction of the sprawling complex of Stuyvesant Town and Peter Cooper Village has been suddenly suspended on Monday 4th September. It was only hours before the sprawling 80 acre property with 11,226 units was to be auctioned off in the Federal Courthouse in rotunda on the 8th floor in downtown. Speaking for [...]
Banks are Walking Away from Foreclosed Houses Leaving the House Owner and Communities to Deal with The Blight
Monday, February 22nd, 2010
Foreclosure is still making a great mess in states like Ohio, Michigan and Indiana. Deserted foreclosed houses is the new problem related to foreclosure crisis.
Friday, May 15th, 2009
Tweet Florida courts have introduced the rocket docket system to expedite the huge number of foreclosure cases. Sometimes per day one thousand cases have to be tackled. There are dollies rolling along piled with files. Files are on the floor. Lawyers with shirts hanging loose squat on the floor trying to make sense of the [...]
Friday, March 27th, 2009
Tweet After a long time there is some good news – foreclosures fell by 10% in January most probably because of the moratoriums. The frenetic pace has somewhat eased according to the findings of RealtyTrac. The foreclosure filings touched 274,399 on properties in USA in January. The number is inclusive of default, sale and repossession [...]
Friday, September 12th, 2008
Tweet As the foreclosure juggernaut rumbles on crushing everything under its path, the blame game for foreclosures continues unabated. The foreclosure epidemic has been raging for over a year and the throwing of the ball backward and forward has become a favorite pastime between lending institutions. Greedy banks went preying around for the gullible and saddled them with [...]