Tag Archives: Housing

Nevada Makes Illegal Foreclosures Felony

By Mike Colpitts
Housing Predictor

Responding to homeowner complaints, Nevada has become the first state in the nation to make illegally repossessing a home a felony, and cash may send bankers to jail for doing such. The new law was enacted after tens of thousands of homeowners complained to lawmakers about their homes being foreclosed without proof of ownership.

The outcry of consumer complaints over illegal robo-signing tactics has produced a series of lawsuits against mortgage servicing companies and banks in Nevada, which has led the U.S. in foreclosures six straight years.

The Nevada law makes it a felony for a mortgage servicer or trustee of a mortgage to make false representations concerning a title such as claiming that they are an executive of a bank or mortgage servicer, which was the case in at least hundreds of thousands, perhaps millions of robo-signings.

Continue reading

Declaration of the Occupation of New York City

By New York City General Assembly

This document was accepted by the NYC General Assembly on September 29, 2011:

As we gather together in solidarity to express a feeling of mass injustice, we must not lose sight of what brought us together. We write so that all people who feel wronged by the corporate forces of the world can know that we are your allies.

As one people, united, we acknowledge the reality: that the future of the human race requires the cooperation of its members; that our system must protect our rights, and upon corruption of that system, it is up to the individuals to protect their own rights, and those of their neighbors; that a democratic government derives its just power from the people, but corporations do not seek consent to extract wealth from the people and the Earth; and that no true democracy is attainable when the process is determined by economic power. We come to you at a time when corporations, which place profit over people, self-interest over justice, and oppression over equality, run our governments. We have peaceably assembled here, as is our right, to let these facts be known.

Continue reading

Ethnic cleansing as Irish gypsies face forced eviction from UK’s Dale Farm

By Rady Ananda

At least 86 families, comprising 400 people known as Travelers, or gypsies, today face armed eviction from their landing site in Crays Hill, Essex in the United Kingdom.

UPDATE: Dale Farm residents have won a last-gasp injunction restraining Basildon Council from clearing structures from the site pending a further hearing at London’s High Court on Friday. (Details below)

Continue reading

200 Neighbors block eviction of Brooklyn 82-yr-old

You won’t evict this grandma

Mary Lee Ward emerges from a New York City courtroom after learning her eviction was haltedMary Lee Ward emerges from a New York City courtroom after learning her eviction was halted

By Alexander Super
Socialist Worker

MORE THAN 200 community members, activists and supporters blockaded Mary Lee Ward’s home in the Bedford-Stuyvesant neighborhood of Brooklyn on August 19 to prevent an eviction of the 82-year-old African American grandmother.

Continue reading

Class War in Israel: Police assault protestors with horses; arrest them

By The Real News Network

Tens of thousands of Israelis poured onto the streets in Tel Aviv to protest rising commodity and housing prices and stagnation in salaries.

Continue reading

Scalia Sets Standard for Massive Mortgage Fraud Class Action Law Suit

Citing recent Supreme Court decisions as well as Executive Orders issued by Presidents Bush and Obama, Michael Collins looks closely at the fraudulent Mortgage Electronic Registration System, showing a pattern of judicial and executive corruption.


By Michael Collins

There hasn’t been much in the way of justice for the average citizen for quite a while. Often, those accused of crimes cannot afford adequate representation and are subject to “let’s make a deal justice.” If you’re unfortunate enough to be sued or party to a divorce proceeding, you soon learn that the court system is an entitlement program for attorneys, not a civilized means of settling disputes. (Image)

The last decade has been devastating for what many thought were inviolable fundamental rights.

Continue reading

27 Signs that the Standard of Living for America’s Middle Class Is Dropping Like a Rock

By The Economic Collapse

If you still have a job and you can put food on the table and you still have a warm house to come home to, then you should consider yourself to be very fortunate.  The truth is that every single month hundreds of thousands more Americans fall out of the middle class and into poverty.  The statistics that you are about to read are incredibly sobering.  Household incomes are down from coast to coast.  Enrollment in government anti-poverty programs sets new records month after month after month.  Home ownership is down, personal bankruptcies are way up and there are not nearly enough jobs to go around.  Meanwhile, the price of basics such as food and health care continue to skyrocket.  Don’t be fooled by a rising stock market or by record bonuses on Wall Street.  The U.S. economy is not getting better.  After World War II, the great American economic machine built the largest and most vigorous middle class in the history of the world, but now America’s middle class is disintegrating at a blinding pace.

Continue reading

House Stealing: Tickerguy’s Perspective

By Karl Denninger
The Market Ticker

Most of you have probably heard by now about the family that was foreclosed on in California, their home was resold, refurbished, and they then effectively “stole it back” with their attorney and a locksmith breaking in and re-taking possession.

Conejo Capital Partners has published “the other side of the story”, and it makes several good points – some of which I believe deserve exposition and discussion:

Continue reading

Little-Noticed Bill Could Make It Harder To Challenge Foreclosures

By Scot Paltrow
Reuters

Bank Foreclosure Cover Seen in Bill at Obama’s Desk

A bill that homeowners advocates warn will make it more difficult to challenge improper foreclosure attempts by big mortgage processors is awaiting President Barack Obama’s signature after it quietly zoomed through the Senate last week.

The bill, passed without public debate in a way that even surprised its main sponsor, Republican Representative Robert Aderholt, requires courts to accept as valid document notarizations made out of state, making it harder to challenge the authenticity of foreclosure and other legal documents.

Continue reading

How Goldman Secretly Bet on the U.S. Housing Crash

By Greg Gordon|McClatchy Newspapers
Nov. 1, 2009

WASHINGTON — In 2006 and 2007, Goldman Sachs Group peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages, but never told the buyers it was secretly betting that a sharp drop in U.S. housing prices would send the value of those securities plummeting.

Continue reading

The Golden Years America: Can’t Work, Can’t Retire (Unless You’re a Bailed-Out Banker)

By James Ridgeway

The National Committee to Protect Social Security and Medicare reports today on recently released statistics that illustrate the lose-lose situation now faced by many older people, thanks to Wall Street and the recession it spawned.  Continue reading

Fall of the Republic: The Presidency of Barack H Obama (145-min. video)

Introduction by InflationUS

Fall of the Republic documents how an offshore corporate cartel is bankrupting the US economy by design. Leaders are now declaring that world government has arrived and that the dollar will be replaced by a new global currency.

Continue reading

The ACORN Standard

briberyBy Jeremy Scahill

The nonpartisan Project on Government Oversight and Reform recently revealed that the top 100 government contractors made nearly $300 billion from federal contracts in 2007 alone. Since 1995 these same contractors have been involved with 676 cases of “misconduct” and paid $26 billion in fines to settle cases stemming from fraud, waste or abuse. Fines and other penalties, it seems, are simply the stunningly small price of doing government business.

Continue reading

Activists, Unionists Hold National Conference to Fight Back

wesayfightback.com/wordpress. The network to fight for economic justice

wesayfightback.com/wordpress. The network to fight for economic justice

By Kari Lydersen

“They say cut back, we say fight back” was the rallying cry and title of a national conference in Chicago Oct. 3, which tied together struggles by unions, immigrants and people facing foreclosure nationwide.

Continue reading

Earthships

Earthship n. 1. passive solar home made of natural and recycled materials 2. thermal mass construction for temperature stabilization. 3. renewable energy & integrated water systems make the Earthship an off-grid home with little to no utility bills.

Biotecture n. 1. the profession of designing buildings and environments with consideration for their sustainability. 2. A combination of biology and architecture.

Continue reading