I just got another email from home owners for justice:
As of now, activists in 12 more cities have expressed interest in scheduling a Foreclosure Town Hall in their area! Special thanks to each of them.
A caller from New York asked if the Foreclosure Town Hall would work there and the answer is: YES!
Foreclosure Town Hall solutions will work everywhere in the United States. Pass the word.
http://www.hofj.org/virtualoffice_files/PR-FORECLOSURE%20TOWN%20HALLS.pdf
I get email alerts from home owners for justice. ( a California based group)
This one just showed up in my inbox.
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I’ve just been informed that the mega-banks plan to stop all loan modifications by the end of the year.
They will foreclose with impunity for their own riches and well-being, without a care for the people or the county they decimate.
And please don’t forget that all foreclosures on securitized loans, and the loans themselves in the first place, are fraudulent [must read article by Catherine Austin Fitts].
We must beat the banks to the punch and keep our real estate for the people, not for the trillion dollar hedge funds and banks.
In our Foreclosure Town Halls we explain simply and completely, how local officials, backed by the people’s will, can “take over” all securitized loans and vacant foreclosures for the county.
This will immediately stop all foreclosures on these loans. Period.
AND keep people in their homes.
AND it will provide each owner a new loan at 90% of market value, 2% interest, 30 year fixed (for example).
AND it will provide the county with a huge income stream as these loan payments will be made to the county bank for the next 30 years, not some sovereign wealth fund somewhere being bailed out by the Fed and our Treasury.
This will be the foundation of the people taking back control of their real estate and their destiny as a community.
Want to stop foreclosures NOW? Then get a Foreclosure Town Hall scheduled asap so both the people and the local officials can understand as soon as possible the tremendous benefit and urgency of doing this NOW.
Please spread the word with our Press Release, and public service announcements for radio and tv.
www.HOFJ.org
And I think that is a worthwhile endeavor. What we need to work on is finding a solution, but I'd bet it starts right around getting everyone informed. Something different has to happen.
I've urged people here to avoid the national bank branches here and go local or with one of the local credit unions. If everyone would pull out of the big banks? That might facilitate some changes....
I agree about the banks.
The woman behind this video, has been working diligently to get the true information about the foreclosure pandemic out into the open.
Wonderful idea....
See, about the banking industry. I mentioned way back about the time we bailed the banks out, that the bail out was a bad idea UNLESS the banking industry was going to change. "The banks are too big too fail." It's that mentality that allows them to forgo any and all rules. They think they are bigger and better than that.....
Banks haven't changed the way they do business. We haven't forced them to change.