Another Portland Homeowner Stands Strong Against Modern Redlining
By Pete Shaw
July 28, 2012
Story and Photos by Pete Shaw
When the clock ticks past midnight into Saturday July 28th the Multnomah County Sheriff will be able to enforce an eviction notice issued by the Circuit Court of Multnomah County on the house of Annette Steele of 4022 NE 14th Avenue. But Steele, her family, her friends, and her neighbors are not planning on her going anywhere.
Posted in Economy Economics, Housing, Land Grab, Obama and Company
Tagged banksters, class war, Foreclosure, home defense, housing fraud, Land Grab, mortgage squatters, multnomah, occupy eviction, portland oregon, subprime mortgage, TARP, wall street bailout
By Ellen Brown
The Peoples Voice
“Maybe this is like shock therapy. Maybe this will actually get the lenders to the table and encourage them to work out deals that are to the benefit of everybody.”
–Economist Karl E. Case, quoted in the New York Times
The hits are coming fast and furiously. Major Wall Street mortgage lenders could soon be falling like dominos – and looking again for handouts.
On September 20th, Ally Financial Inc., which owns GMAC Mortgage, the nation’s 4th largest lender, halted evictions and resale of repossessed homes in 23 states. Continue reading