Foreclosure Notes 3/17/13 – 3/24/13

Thirteen arrested in anti-foreclosure protest at Wells Fargo (Daily Planet)

Thirteen people were peacefully arrested at Wells Fargo Home Mortgage on 26th Street Feb. 27 demanding turnover of vacant homes to community control and fair banking practices… They brought 20 bags of trash cleaned up from neglected vacant homes, demanding Wells Fargo clean up their own mess.

For many bills, it’s wait until next year. (Star Tribune)

More than 100 calls poured into the((Minnesota)) Senate Commerce Committee as the clock ticked down on the Homeowner Bill of Rights earlier this month. The bill would have guaranteed certain protections for homeowners at risk of foreclosure. But despite phone calls, rallies and protesters who crowded around Commerce Chairman James Metzen’s office, the bill did not get a hearing before the March 15 deadline.

“We’re really disappointed,” said Nick Espinosa, spokesman for Occupy Homes, one of the groups that had been lobbying for the bill. “There are hundreds of thousands of Minnesotans losing their homes. It’s unfair and unjust.”

Banking Giants Hit With Fraudulent Foreclosure Suit In NJ (

Nearly 100 foreclosed-upon homeowners accused Bank of America NA, JPMorgan Chase & Co., Wells Fargo Bank NA and other lenders of fraudulently originating or servicing mortgages through a controversial nationwide electronic mortgage tracking system, according to a recent New Jersey state court suit.

Man charged in multimillion-dollar foreclosure fraud scheme (10 News)

The defendants, including Zepeda, were accused of acquiring titles to properties by forging quitclaim deeds or convincing homeowners to transfer the property to them by promising the homeowner they would help avoid foreclosure…

According to prosecutors, hundreds of victims were discovered in San Diego, Los Angeles, Orange, Riverside, Santa Barbara and San Bernardino counties, as well as in Clark County, Nevada.

Protests demand end to Detroit home tax foreclosures (Workers World)

Two demonstrations in Detroit have demanded an end to the massive number of home tax foreclosures going on in the city and county…

The protests, organized by Detroit Eviction Defense, demanded that Wayne County implement an immediate moratorium or halt on all tax foreclosures, and that MSHDA immediately release funds from the federal “Hardest Hit Homeowner” program…

The state is sitting on $204 million from the Hardest Hit program. These funds are supposed to be utilized to pay off delinquent property tax bills of up to $30,000 for individual homeowners facing tax foreclosures. With these funds available, organizers say, there is no excuse for any homeowner to lose their home to tax foreclosure.

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