Michelle Hart at the Detroit March for Jobs, Justice and Peace on August 28, 2010. Michelle and her ailing mother are facing foreclosure by Bank of America. There will be demonstration at Bank of America on Sept. 1 downtown. (Photo: Abayomi Azikiwe)
Originally uploaded by Pan-African News Wire File Photos
Emergency Protest at Bank of America
Wednesday, Sept. 1, 2010, 12 noon
500 Griswold, downtown Detroit
Tell Bank of America: Stop the foreclosure/eviction of Michelle Hart!
Sign on today to the “Helping Hardest Hit Homeowners” program to keep unemployed workers in their homes!
Michelle Hart and her elderly mother face imminent foreclosure and eviction from their home in Southfield, Mich., by Countrywide and Bank of America. The bank refuses to modify Ms. Hart’s usurious, adjustable-rate mortgage, even though it signed a binding Consent Agreement with the Attorney General’s office on Oct. 6, 2008, to modify loans.
Ms. Hart has fought in court for a year and a half now to get BOA and Countrywide to abide by the Consent Agreement and modify her loan. But the bank refuses and is forging full steam ahead to evict her and her mother, who suffers from pancreatic cancer.
BOA would rather toss them out on the street than negotiate a loan modification even though Ms. Hart is able and willing to make her mortgage payments, if only they will modify her loan to reflect her reduced income. Like so many others, Ms. Hart faced job loss and then found temporary work at lower wages.
In the meantime, the “Help for Hardest Hit Homeowners” program that provides over $282 million in federal monies to Michigan to keep unemployed workers in their homes is failing because NOT ONE MAJOR LENDER, INCLUDING BOA/COUNTRYWIDE, HAS SIGNED ON TO PARTICIPATE IN THE PROGRAM. We must take to the street and protest these outrages!
Stop the eviction of Michelle Hart and her mother!
Demand Bank of America and all major lenders & servicers (Chase, Wells Fargo, Ocwen, etc.) immediately agree to participate in Michigan’s ‘Help for Hardest Hit Homeowners’ program to keep unemployed workers in their homes!
IMMEDIATE MORATORIUM on all foreclosures
Bail out PEOPLE, not banks
The Moratorium NOW! Coalition, along with the Michigan Emergency Committee Against War & Injustice, holds weekly organizing meetings every Monday at 7:00 p.m. at 5920 Second Avenue in Detroit. All are welcome.
Moratorium NOW! Coalition to Stop Foreclosures, Evictions and Utility Shutoffs
Phone: (313) 671.3715 or (313) 887-4344 E-mail: [email protected]
Web site: http://www.moratorium-mi.org
No comments:
Post a Comment