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In more than two dozen cities across the nation the movement took on the housing crisis by re-occupying foreclosed homes, disrupting bank auctions and blocking evictions. [ 15 ] Saying, "The banks got bailed out, but our families are getting kicked out", Occupy Wall Street joined in solidarity with a Brooklyn community to occupy homes that were ...
The foreclosure crisis was extensively covered by news outlets beginning in October 2010, and several large banks—including Bank of America, JP Morgan, Wells Fargo, and Citigroup—responded by halting their foreclosure proceedings temporarily in some or all states.
Buying foreclosed homes soared in popularity during the Great Recession as a wave of foreclosures hit the market and drove ... check out the REO homes for sale from Bank of America and Wells Fargo.
In the U.S. Banker article, Nickerson is quoted as saying, "We have working relationships with all the big players – Bank of America, Wells Fargo, Chase, Citi, Fannie, Freddie, GMAC, and others." The Stabilization Trust has received major support from the Ford Foundation and MacArthur Foundation, among other leaders in the philanthropic ...
In the ever-widening foreclosure crisis, stories of families losing their homes from predatory lending practices, free-falling property values and modification scams are legion. But for one ...
Newsom's office on Saturday announced that five major bank lenders have agreed to provide mortgage relief to affected homeowners, including a 90-day grace period on mortgage payments, 90-day waiver of late fees, and 60- to 90-day moratorium on new foreclosures. The banks are Bank of America, Citi, JPMorgan Chase, U.S. Bank and Wells Fargo.
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