The year 2020 has caused many white people to realize we live in a racist system. The Green New Deal is about systemic change for all, and deconstructing racism must be front and central in this agenda.
illegal foreclosures
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Five Ways Occupy Wall Street Is Making Inroads Across America
From defending homeowners against unlawful foreclosure to opposing skyrocketing student debt and bolstering the low wage workers movement, seeds planted by Occupy continue to spread and grow.
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Big Banks Hit with Monster $250 Billion Lawsuit in Housing Crisis
Investors led by BlackRock, the world’s largest asset manager, and PIMCO, the world’s largest bond-fund manager, have sued some of the world’s largest banks for breach of fiduciary duty.
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Threatening Eminent Domain, New York City Coalition Challenges Wall Street Over Foreclosures
Politicians and activists want the city to wrest underwater mortgages from obstructionist investors and lenders and reset them at current market values – much like the strategy employed in Richmond, Calif.
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Inequality Is Not Inevitable: Rewriting Laws to Reverse A Politics of Greed
Widening and deepening inequality is not driven by immutable economic laws, but by laws we have written ourselves.
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City of Miami Sues JPMorgan Chase for Mortgage Discrimination
The lawsuit says the country's largest bank engaged in a continuous practice of discriminatory mortgage lending since at least 2004, violating the U.S. Fair Housing Act.
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Why Richmond’s Plan to Rescue Homeowners Could Reshape the Mortgage Lending Industry
Once this city uses eminent domain to seize and refinance underwater homes belonging to Wall Street banks, towns nationwide will hurry to replicate the success.
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Richmond Expands Battle for Eminent Domain To Save Homeowners From Foreclosure
The eminent domain plan—in which cities like Richmond will forcibly acquire mortgages at discounts, then help homeowners refinance into smaller and more affordable home loans—is gaining mainstream acceptance as a form of principal reduction.
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New Jersey Town To Rescue Foreclosed Homeowners Through Eminent Domain
On Saturday, Irvington Mayor Wayne Smith announced the township’s plan to “take” and revalue foreclosed homes at market rates for public benefit using the legal doctrine of “eminent domain” -- making it the second U.S. city to exercise the measure.
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Richmond, California Mayor Occupies Wall Street
Mayor Gayle McLaughlin is setting an example for how community activists can make big changes by running for local office independent of the two-party system and corporate campaign cash.
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Taking Over, Taking Back: Breaking Doors Down to Open Homes Up
The short documentary by filmmakers Jessica Murphy and Elissa Nadworny highlights the work of the Chicago Anti-Eviction Campaign, a coalition of homeowners, renters and houseless people organizing to take over vacant, bank-owned houses.
