Supreme Court Sinks More Homeowners into Permanent Debt

Citizen Wealth Financial Justice Foreclosure Ideas and Issues

New Orleans    In a startling unanimous decision, the US Supreme Court overturned an 11th Circuit Court of Appeals decision finding in favor of Bank of America that even bankruptcy protection does not allow underwater homeowners the ability to escape the obligations of second mortgages.  The impact of the decision allows zombie banks to continue operating …

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States Need to Make For-profit Hospitals Accountable for Strapped Families

Citizen Wealth Financial Justice Health Care Organizing

New Orleans    We have been beating the drum regularly here, there, and everywhere around the country about the organizing and campaign “handles” that could allow aggressive and vigilant community and labor based organizations to demand and require more accountability for tax-exempt nonprofit hospitals.  We have trumpeted Senator Charles Grassley of Iowa’s late stage amendment to …

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