Send tips to Community Media Worskhop
cmw@newstips.org
NEWSTIPS HOME | About | Follow on Twitter @ChicagoNewstips


76-year-old woman fights Fannie Mae

A 76-year-year-old disabled woman facing eviction by Fannie Mae will announce that she will not leave her home, as supporters hold a candlelight vigil tomorrow evening (Wednesday, January 16, 7 p.m., 2334 N. Mason).

Mary Bonelli, whose family has lived in the house in Belmont-Cragin since 1921, was current on mortgage payments when Fifth Third Bank’s online payment system stopped taking deductions from her account, said Sabrina Morey of Communities United Against Foreclosure and Eviction.

Read the rest of this entry »

Occupy Homes targets bank’s bad faith

Just as the Occupy movement gives voice to the widespread perception that our economic system isn’t fair and  doesn’t work for ordinary people, the growing movement to occupy homes responds to a foreclosure crisis caused by banks that are unresponsive and unfair to homeowners.

Case in point:  Sherri Norris.  She’s one of thousands of homeowners who’ve made good faith efforts to deal with mortgage troubles and been stonewalled and misled by banks.

Thursday she’ll announce that, with the support of her neighbors and of Communities United Against Foreclosure and Eviction, she’s staying in her home, despite an eviction order.

The announcement is scheduled for 6:30 p.m., Thursday, December 8, at her home at 2029 S. 17th Avenue in Broadview, a near-west suburb.

Read the rest of this entry »

Occupying foreclosures

Abandoned homes being occupied in Belmont Cragin and Auburn Gresham on Tuesday – part of a national day of action called by Occupy Our Homes – underscore the failure of banks to deal with the foreclosure crisis.

In Belmont Cragin, Communities United Against Foreclosure and Eviction are moving two homeless sisters and their children into a single family home that was abandoned sometime after foreclosure was filed in 2009.  The group couldn’t determine whether a final disposition has been made on the property.

They think it could be one of the thousands of “red flag” properties, where banks and loan servicers “may choose to reduce the costs associated with a long-term vacant home by walking away from the foreclosure process instead of completing it” in order to evade the costs and legal reponsibilities of ownership, according to a Woodstock Institute report (see earlier post).

In Auburn-Gresham, kicking off its “Homes for the Holidays” drive, the Chicago Anti-Eviction Campaign is moving a family which lost its home to foreclosure into a home that was abandoned by a longtime resident after JP Morgan Chase refused to consider a loan modification.  The owner gave the keys to AEC, which like CAUFE has done signficant repairs on the building.

Foreclosures have continued to climb over the past two years, since the Obama administration promised to help millions of troubled homeowners.  But because their program allowed for voluntary participation by banks – instead of requiring institutions that had been bailed out to give affordable modifications to qualifying homeowners – it has helped only a small portion of those initially targeted.

Meanwhile lenders widely noted for being unresponsive to homeowners have now acknowledged extensive fraud in foreclosure filings.

In Austin, South Austin Coalition is taking over and boarding up an abandoned building that’s hosted extensive criminal activity less than a block from May Elementary School.  The building was foreclosed on by Citibank, said Elce Redmond of SAC.

“We’re going to go after the bank to pay for the boardup,” Redmond said.  “Longterm we want to pressure the banks to turn these homes over to community organizations and churches so we can rehab them and put families in them.”

“We have so many unemployed people and so many vacant properties,” said Willie JR Fleming of AEC.  “It’s obvious we need to put people to work rehabbing them so we can put families back in them.”

Fleming emphasizes that “we are enforcing the human right to housing.  We are not asking for human rights.  We are enforcing them.”

Occupy Our Homes reports similar actions “to stop and reverse foreclosures” in 25 cities on Tuesday, as “the Occupy movement joins with homeowners and people fighting for a place to live.”

Stopping a Thanksgiving weekend eviction

Two families facing eviction due to foreclosure – one scheduled for eviction the day after Thanksgiving – are refusing to leave, and Communities United Against Foreclosure and Eviction is mounting a public campaign to pressure their lenders to give them mortgage modifications.

CUAFE has posted Youtube videos asking people to call lawyers for HSBC Bank and IndyMac/OneWest Bank to consider offers the group says banks have ignored.

Arturo Martinez and Remedios Sanchez have lived for 25 years in their Albany Park home, now shared with a daughter and several grandchildren.  Martinez began struggling with his mortgage after his hours were cut at work; because of a mix-up when court papers were served, he didn’t know his home was in foreclosure until after it was sold, according to Chris Poulos of CUAFE.

They were recently informed that they’re scheduled for eviction Friday.

Read the rest of this entry »



Get Newstips in Your Inbox!

Enter your email address:


Subscribe in a reader

Newstips Archives

Categories

Add to Technorati Favorites

RSS Nonprofit Communicator

  • An error has occurred, which probably means the feed is down. Try again later.

RSS Chicago is the World

  • Telling people’s stories, an ethnic media success September 2, 2015
        By Stephen Franklin Community Media Workshop   A 3-year-old child died on a plane from Chicago to Poland. This, Magdalena Pantelis instantly knew, was a story her readers would care about. But she needed more detail to write about it for the Polish Daily News, the nation’s oldest daily newspaper in Polish, founded Jan. […]
*

*

*



*










CAN TV is a network that belongs to the people of Chicago.  For updates on local programs, and live, timely coverage of community events, sign up at http://www.cantv.org