99 Percent Power Court Arrests Protesting Against Foreclosures and Other Wrong Policies of Wells Fargo
Wednesday, May 2nd, 2012
Last year the Sacramento Occupy group joined the international movement and demonstrated for many weeks in downtown Cesar Chavez Park. In their latest move the have been joined by unions and the clergy. They targeted the shareholders meeting of Wells Fargo. Many have been arrested.
Occupy Los Angeles Championing the Cause of Wronged Foreclosures Faces the Ire of Mayor Villaraigosa
Wednesday, April 18th, 2012
The Mayor of Los Angeles, Villaraigosa has used sugar coated words to praise the Occupy activists for having brought about a national dialogue. But the bitterness leaked out when he fixed a deadline for their exiting from the City Hall. They were also invited to vague talks. The activists rejected these orders and invitations.
When Foreclosures are Continuing to Harangue America and the Housing Market, Hope is Being Offered by Community Land Trusts (CLT)
Wednesday, April 11th, 2012
A click on the Internet will connect those who are interested with CLT houses. These benefit those coming from the middle to low income group. The ownership of the land is separated from that of the house. This prevents entry of private market rights and speculation in this category of houses.
Monday, March 12th, 2012
Troubled homeowners fighting their own court cases are no match for the slick professional lawyers representing the banks. Documents are mysteriously misplaced. Latest records submitted soon became stale raising demands for repeat submissions. Settlements do not always save the houses. The sheer volume of robo-signing has made it impossible to diligently review each case.
Wednesday, February 1st, 2012
Habitat for Humanity has been helping those from low-income groups to own houses across the world. It grants interest free loan on condition the applicants put in certain hours of voluntary work. It has an excellent record of not resorting to foreclosure but lately it is being compelled to take this course of action and foreclosing in Cleveland, Georgia and Florida.
Friday, January 27th, 2012
Bay Area foreclosure numbers continue to be high and ideal for private investors. Waypoint Homes is dabbling in real estate but with a difference. Through a programme, it is trying to make foreclosure victims stable homeowners once more. Waypoint buys the distressed properties and keeps on the previous owners as tenants. They have an option of buying back the house.
Wednesday, January 18th, 2012
A Floridian had during the three month trial period paid by mistake, via phone, 80 cents on his mortgage dues. Bank of America immediately notified that he had lost his chance of permanent modification and that the only route open to him was short sale. It was only with the attention of the media that the bank backtracked and the house was saved.
Thursday, January 12th, 2012
In 2011 there were 953 foreclosures in Rutherford County. The register of deeds, Heather Dawbarn sympathized with the sufferers but her office had no control over the process; it only registered the documents. Some people said they would challenge the legal standing of MERS to foreclose but so far Dawbarn did not know anyone of having really taken this step.
Thursday, January 5th, 2012
There are fears of another foreclosure wave coming although for the time being the numbers have gone down and the employment scenario is better. However underemployment as well as stagnant wages continues to worry hard workers in the middle-income category who are currently facing risk from foreclosure.
Wednesday, January 4th, 2012
Several studies carried through the past one year have pointed to an inalienable link between illness and foreclosures. Across the country those threatened with foreclosure are succumbing to stress related illnesses – heart trouble, flaring up of diabetes, asthma attacks and pain in the limbs.