The Raw Face Of The Home Foreclosure Crisis-Anti-eviction rallies to support Metro-Boston residents fighting Fannie Mae

Anti-eviction rallies to support Metro-Boston residents fighting Fannie Mae

Thursday, August 9th, 8:30 AM

Malden District Court, 89 Summer Street, Malden, MA
Info: Dominic DeSiata, Community Organizer, City Life/Vida Urbana - (857)203-2393, ddesiata@clvu.org, Twitter: @NorthSide_BTA

and

Dorchester District Court, 510 Washington Street, Dorchester, MA
Info: Maria Christina Blanco, Organizer, City Life/Vida Urbana – 617-524-3541x313, mcblanco@clvu.org, Twitter: @CityLife_CLVU

Communities say NO to bank evictions funded with tax dollars – Two simultaneous courthouse rallies for occupants of Fannie Mae-owned properties, responding to FHFA principal reduction refusal announcement

Malden - Residents will come out to show support for Malden resident Gary Rogers, before his Summary Judgement hearing in court. Gary has been fighting Fannie Mae in order to repurchase his home after foreclosure. He was approved for a new mortgage by non-profit lender Boston Community Capital, but instead of accepting BCC's cash offer to buy at current value, Fannie Mae is evicting. Gary is determined to keep his family in their home. If the bank will not sell at a fair price, he is willing to pay rent while they entertain other offers. The North Side Bank Tenant Association, which offers support and solidarity for area residents in foreclosure, will lead a rally in support of Gary and other residents whose cries for fairness seem to fall on deaf ears with the nation’s largest mortgage companies.

Gary is a well known community member in Malden and has broad backing. He grew up in his home on Warren Avenue, and today coaches football at Malden High School in addition to his job at the MWRA. Last year he joined the Bank Tenants Association after other attempts at gaining assistance failed. At a rally at his previous court date last month, Malden Mayor Gary Christenson spoke out in his support.

Boston - Neighbors, homeowners, childcare workers, and tenant activists will rally on the steps of Dorchester District Court where Yolanda Nova has a hearing on her eviction case, asking “Why is government-run bank Fannie Mae using our tax dollars to evict a small business owner's family and daycare program from their home?” Yolanda is a tenant whose elderly father and 7-year-old granddaughter live with and depend on her financially. She paid her rent every month, but in March 2012 her landlord lost the house to the bank. The property passed into the hands of the Federal National Mortgage Association (“Fannie Mae”). When Yolanda asked for a rental contract, she was refused, because she runs a home daycare that serves her neighborhood. Now she is applying for a loan to make an offer to buy the house where she has invested her time and money building her small business. But instead of working with her, Fannie Mae is taking her to court and wants to throw her family out of their home and shut down her childcare program.

Yolanda is a double victim of the housing crisis. She came to live in her current home of 5 years as a result of her own foreclosure. In 2008 she fell prey to a predatory lender and lost her house to a bank. She was given a $600,000 loan with a high interest rate for an old house in a poor neighborhood of Boston, and when she fell behind on the payments that rose to $8,000/month, the house was sold at auction for its real value: only $250,000. A modification of her underwater mortgage that included principal reduction to real value – something the head of Fannie and Freddie opposes, along with the Wall St. banks, over the objections of the Obama administration - would have saved her. Losing her home and savings was very hard, but Yolanda pulled up and went forward, and moved to her current house to start over. She has been a good tenant, and invested her own resources in maintaining and improving the property, in order to to comply with state daycare licensing regulations. She has set up her home, inside and outside, for the benefit of the children she cares for, one of whom is disabled. She has worked hard, as a single mother, for her family to get ahead, and at the same time to serve her community by helping kids prepare for school. Now Fannie Mae wants her to move out and take a big loss all over again. But this time she's fighting back. Yolanda has joined the Bank Tenants Association at City Life/Vida Urbana and is fighting her post-foreclosure eviction.

Yolanda Nova and Gary Rogers' stories are part of a massive pattern of discrimination and displacement linked to predatory lending and the housing bubble. Hundreds of thousands of families are in the same situation. Subprime mortgages originally given out by Wall St. banks are ending up with Fannie Mae and Freddie Mac, which now back half of all home loans. But while these banks were bailed out with taxpayer money, small homeowners and tenants are left holding the bag. Foreclosure is robbing them of their homes, their savings, and their small businesses. Communities of color and immigrant communities were unfairly targeted and are hardest hit. Fannie and Freddie came under government control and are 80% taxpayer-owned since their 2008 bailout. The suffering caused by foreclosure doesn't end with the family that is put out, but spreads to drag down entire communities, so angry local residents want to know, why won't they use the public's funds in the public interest?

The City Life/Vida Urbana and North Side Bank Tenants Associations are part of a regional movement called New England Workers and Residents Organizing Against Displacement (NEW ROAD). It includes local groups in nine cities across Massachusetts and Rhode Island.


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Dominic DeSiata, Organizer / Organizador
City Life/Vida Urbana
Office / Oficina:
(857)203-2393

North Side Bank Tenants Association
http://www.facebook.com/northside.bta
Twitter: @NorthSide_BTA

From "OCCUPY HOMES MASSACHUSETTS"- No Homeowner Need Stand Alone!-Organize Now!

From "OCCUPY HOMES MASSACHUSETTS"- No Homeowner Need Stand Alone!-Organize Now!

Stand Together-Occupy Homes Ma-Stop 'the banksters' Foreclosures and Evictions

www.OccupyQuincy.org

OCCUPY HOMES MASSACHUSETTS

Next Meeting Scheduled For Tufts Library, Broad Street, Weymouth, August 14, 2012-6:00 PM- Check out directions and details onFacebook-Occupy Homes MA.

WANT ASSISTANCE OR MORE INFORMATION?

OccupyHomesMA@gmail.com

617-249-4359

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Are you facing FORECLOSURE?- YOU ARE NOT ALONE!

Stand up with other homeowners who are fighting with us.

Want more information?

Contact us by email at OccupyHomesMA@gmail.com

or call us at 617-249-4359

The homeowner's meeting is intended to be a support group
specifically for those in the foreclosure process.

ATTEND A HOMEOWNERS MEETING TO

Develop Solidarity and Support:

We urge people to leave their shame at the door. We work to end the stigma and isolation of individual foreclosure and eviction cases by uniting homeowners.

Learn Your Rights:

You don't have to move just because the bank says so. We empower people to know their rights and advocate for themselves.

Organize with Occupy Homes MA:

Community members and activists are ready to stand with you. Let’s build mass resistance to defend your home and break the stranglehold the big banks have on our neighborhoods.
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Want to get involved?

Participate!

Fight back! A movement working for the 99% must be shaped and formed by all those who participate. All decisions on the direction and scope of the struggle are democratic.

Organize!

Build powerful communities! Identify issues affecting our neighborhoods, and work together on solutions.

Mobilize!

The best tool of the 99% is our numbers, and our ability to work together. Plan public actions, protests, and home defense.

Educate!

Become educated and teach others about the nature of the foreclosure crisis, and ways empowered communities can begin to solve it.
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Excerpt from...

Keeping House: Local Organizations Collaborate to Help Boston Residents Stay in Their Home Post-Foreclosure

Noelle Swan Spare Change News

When Jeril Richardson checked out of the hospital after he was hit by a car in 2009, he returned home to find that his landlord had not been keeping up with mortgage payments and the bank was foreclosing on his Hyde Park home.

Canvassers knocking on his door told him about City Life Vida Urbana, a community organization that would help him to fight to stay in his home. Nearly three years later, Richardson still lives in the house, pays rent to the bank, and is saving to purchase the property.

Every weekend, students and community volunteers from Project No One Leaves hit the streets in an effort to reach tenants and homeowners facing foreclosure to inform them of their rights during and after the foreclosure.

"We try to get there before eviction agents come knocking and telling them to leave immediately," said Chris Larson, senior at Tufts University who helped to coordinate a chapter of No One Leaves at Tufts.

In recent years, keeping up with new foreclosures has become a daunting task, said Chas Hamilton, a third-year law student and current president of the board for Project No One Leaves at Harvard Law School. "In a given week, there might be 30 new foreclosures listed in Boston proper."

"Then there are properties that they did not get to in weeks past because canvassers ran out of time, people weren't home, or their just weren't enough cars to get to all of the neighborhoods." Volunteers for No One Leaves chart foreclosure postings listed in local newspapers and real estate publications.

Listings are grouped into geographic zones of the city and mapped out. Each week, a dozen or so volunteers gather at the Harvard Legal Aid Bureau in Cambridge, split up into groups of two to five depending on the number of cars available, and try to get out to as many properties as they can in three hours.

"The real message that we try to deliver is that foreclosure is not the end. It's the beginning of this very long battle," Larson said.

http://sparechangenews.net/news/keeping-house-
local-organizations-collaborate-help-boston-residents-
stay-their-home-post-forecl
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WHY Occupy Homes MA?

OCCUPY OUR HOMES

Far too many homeowners are facing foreclosure. The need is greater than the capacity to help. City Life along with a team from Harvard Law is mentoring Occupy Homes MA as we create this new chapter to help homeowners on the South Shore. We are here to:

STOP FORECLOSURES

This is a people's movement that is building across Massachusetts. Homeowners did not create the crisis we are in, and homeowners are no longer going to face the shame of foreclosure and eviction alone. We are here to:

STOP EVICTIONS

The police should serve and protect the 99%, not assist the big banks with eviction. We will organize the community and resist eviction. Knowledge is power; they cannot easily put you out on the street - we want to help you, we won't let them!

HOUSING IS A HUMAN

There are 18 million empty homes in the U.S.

Help us, to help you by saying: "NOT MY HOME!"