New Orleans I have often quoted a line by a former Republican OMB director that we should “never suffer from premature certainty,” and given the disaster that banks, the Treasury Department, the Bush and Obama Administrations, and the servicers have made of the housing crises and its millions of homeowner victims, I almost hesitate [...]
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Orange Beach, Alabama Better late than never, the Attorney Generals of Nevada and Arizona sued Bank of America for “widespread fraud” on the bait and switch of promising that a loan modification is in progress and then foreclosing and selling the house out from under the homeowner at the same time. The Times and [...] Phoenix A block away there was one sign still standing that said Holiday Gardens – “covenant restricted” — while the other was nothing but brick since the sign was long gone. A couple of blocks away an old neighborhood watch sign said this was Heatherbrae or some such neighborhood. Side by side both areas [...] Phoenix Registration Down, Lower Income Votes Out Phoenix We did the first direct action with Arizona Advocates & Actions yesterday as 20 Bank of America mortgage holders demanded that their modifications finally be fast tracked at the BofA Service Center in Phoenix yesterday. That’s the good news! The rest sucks, as we look around the [...] New Orleans I’m on the predawn patrol to Phoenix to check again on foreclosure ground zero and how it can be possible with tens of thousands of people losing their homes that this is not a central issue in the Governor’s election? When even the New York Times realizes from their lofty perch that [...] Phoenix The relentless rise of foreclosures through metro Phoenix continues unabated, as borrowers try to hang on and many assisting beleaguered homeowners tear their hair in frustration in dealing with unaccountable and uncommunicative lenders and an inept government. I spent a chunk of my day reading the handbooks and guidelines for the HAMP program (Home [...] |
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Copyright © 2012 Wade Rathke: Chief Organizer Blog - All Rights Reserved |
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