Foreclosure Notes 12/6 – 12/9

Woodland family faces eviction again as Occupy shows support (Daily Democrat)

For the second time this year, around 15 Occupy supporters — and two Occupy dogs, Chica and Spock — set up camp outside the east Woodland residence to protest a family’s court-ordered eviction…

The Ponce family — Alma, Heriberto and their four children — have been fighting the eviction process for more than a year

Occupy Atlanta move homeless family into bank owned home (11 Alive Atlanta)

Thursday night Michelene Meusa and Renika Wheeler moved into a new home. The problem is it doesn’t belong to them. For Occupy Our Homes it’s part of a radical new strategy to put homeless people into empty houses.

Ann Arbor, Mich., students help stop foreclosure (Worker’s World)

Led by students from the University of Michigan, protesters picketed Dec. 1 at the PNC Bank in Ann Arbor, Mich., demanding that Jerome Jackson’s home not be foreclosed and he be evicted from it. PNC, working on behalf of federally owned Fannie Mae, is trying to put Jackson, who uses a wheelchair due to paraplegia, out on the street after Wayne County went back on its agreement to pay part of his mortgage.

Rappers join Occupy activists in push for foreclosure-free zone (Raw Story)

Rappers Chuck D. from Public Enemy and Brother Ali joined members of Occupy Wall Street Thursday in taking over an abandoned home in Minneapolis, Minnesota, as part of what the activist group calls a campaign to institute a “foreclosure-free zone” in the southern part of the city.

Mortgage Crisis Presents a New Reckoning to Banks (New York Times)

The nation’s largest banks are facing a fresh torrent of lawsuits asserting that they sold shoddy mortgage securities that imploded during the financial crisis, potentially adding significantly to the tens of billions of dollars the banks have already paid to settle other cases.

(If the link to the New York Times doesn’t work because of the paywall, Google News the title and go to the article via that link. At least that generally works for me.)


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