Foreclosure Notes 7/13/13 – 7/25/13

Politics: Chase, Once Considered “The Good Bank,” Is About to Pay Another Massive Settlement (Rolling Stone) In the three-year period between 2009-2012, Chase paid out over $16 billion in litigation costs… There couldn’t possibly be a clearer demonstration of the modern banking model, in which companies break rules/laws as a matter of course, and simply […]

Foreclosure Notes 6/27 – 7/12

Our bank wants us homeless (Salon ) What follows is a story of how seemingly illegal, but very common, bank machinations affect ordinary homeowners… Eighteen months later, she has applied and reapplied six different times for modifications, without success. And many of the tactics she has had to deal with match perfectly with what bombshell […]

Foreclosure Notes 6/10 – 6/26

Parkwood Farms Therapy Center is safe! (Occupy Our Homes Video) Parkwood Farms Therapy Center reached out to Occupy Our Homes Atlanta last November on the same day that Gwinnett County sheriff’s deputies were attempting to enforce an eviction. After organizing candlelight vigils on the farm, holding protests at the bank’s law firm’s office, launching multiple […]

Foreclosure Notes 5/29/13- 6/6/13

Anatomy of a Foreclosure (Pasadena Weekly) …last week, around her tenth anniversary there and after several years of seeking loan modifications from Wells Fargo Home Mortgage – which absorbed World Savings’ assets when it acquired Wachovia Bank in 2008 – Rhue was kicked out of her home. Shortly after 7 a.m. last Thursday, Rhue, who […]

Foreclosure Notes 5/17/13 – 5/28/13

The Death and Life of Chicago (New York Times) Usually when J. R. scouts for properties to break into and take over, he looks for ones with unmown grass, a sign of vacancy and disregard. In the past year, he said the Anti-Eviction Campaign freed up 20 abandoned properties, fixing up the buildings and moving […]

Foreclosure Notes 5/14/13 – 5/16/13

Foreclosure? This Calls for a Campout (Seattle Weekly News) Upon order of the King County Sheriff, Jeremy Griffin was supposed to be out of his home by Tuesday at midnight. Instead, starting late last night, he has played host to members of Standing Against Foreclosure & Eviction, a group that grew out of the Occupy […]

Foreclosure Notes 5/9/13 – 5/14/13

California Homeowner Bill of Rights blocks BofA foreclosure (Housing Wire) A California man successfully halted a foreclosure sale on his property using… the Homeowner Bill of Rights to obtain a court injunction against… Bank of America… the injunction alone may cost BofA/Recontrust upwards of $60,000 when calculating in attorneys fees and expenses… The new case […]