- American Home Mortgage Servicing
- Aurora Loan Services
- Bank of America
- Deutsche Bank
- Fannie Mae
- Federal Reserve
- Freddie Mac
- JP Morgan Chase
- Litton Loan Servicing
- MetLife Home Loans
- Nationstar Mortgage
- Ocwen Loan Servicing
- Other/Not Listed
- People with Disabilities
- PHH Mortgage
- PNC Bank/National City Mortgage
- Saxon Mortgage
- Senior Citizens
- Stage: Eviction Defense
- Stage: Foreclosure
- Stage: In Default
- Stage: Post Eviction
- Stage: Underwater
- US Bank
- Washington Mutual
- Wells Fargo
Keep Us in Our Home!My name is Dan Lynn. In October 2012, I had a stroke which totally changed my life. I had just started a new job in September as an Atlanta Sales Manager and was ready to get back on track. My wife and I had received threatening letters from Citi Mortgage. I reached out to them 3 days after I was released from Northside Forsyth Hospital. Citi Mortgage told my wife and I that we were eligible for a loan modification and to expect a UPS overnight package. The package never came, but we called and received an email with all the required documents. We submitted the documents and stayed in touch with our Citi contact. We were told 2 more documents were required on 11/5/2012 and were given less than 24 hours to obtain them. One was a pay stub from my new job, which was not a problem. The second item was an HOA document to prove we were on a payment plan. Our HOA President signed a document and I tried to fax, email a pdf, and finally I took pictures of this document with my phone. The logos could not be seen by Citi in the fax and pdf and the smart phone pictures were “ unacceptable.” The next day, 11/6/12, our home was offered for sale on the courthouse steps in Gwinnett County. We were “ dual tracked” which I thought was now illegal. Earlier that year, The National Mortgage Settlement Act of 2012 was enacted and millions of dollars in fines were levied to five major banks including Citi Mortgage, yet many banks still use this practice. My wife filed bankruptcy, after the foreclosure. However, Citi Mortage does not know what “the right hand is doing.” We were still getting requests to provide information for the modification three days after the foreclosure auction. We were getting escrow statements 18 months after the foreclosure. WE HAVE BEEN IN THE HOUSE FOR FOURTEEN YEARS! We just want to keep the home as we have much sweat equity in this home and we raised two children here. Citi Mortgage admits no wrongdoing. We have filed with the consumer protection agency and Citi does not admit to dual tracking. However, we have documents on their letterhead proving this is so. Citi is even trying to use my attempt to get help against me. On a Saturday during the summer of 2013, I stood in line all day for the NACCA solution, only to get to the end of the line and speak to a Citi rep who said I could not be helped. Now they are saying I signed a document and I refused the help. This perplexes me because it is not true. So now the war is on with a very confused banking institution so we can keep a house that is rich with my family history. Please sign my petition to help my wife and I find a way to stay in our home.
Reverse Mortgage Solutions, Inc: Stop Evicting Grandmothers like Louise HammondsReverse mortgages are supposed to help the elderly live out their days comfortably. Instead, they are displacing a vulnerable population in Chicago, and across the nation, insidiously: the promise that end of life matters will be respectful and graceful in the home. Companies like Reverse Mortgage Mortgage are monsters for what they do to our elders. In Louise's case, they expected her not to fight. However, they were wrong. Because RMS withheld vital information, even after federal counseling laws weremandated, they will held accountable.
Help Me Keep My Deceased Mother's HomeMy Mother was an Educator, Counselor, Teacher and Vice Principal within the Los Angeles Unified School District for over 45 years. She proudly dedicated her life to helping others, yet was too proud to ask for help herself. When I found out my mother was ill, we spoke about her home. She told me she was sorry as she cried in my arms. I told her it was not her fault and that she did the best she could. I made a promise to her that I would work this out... within two weeks she was dead. The Lender knew she would not live to pay the refinance off as she was deemed uninsurable after suffering two previous strokes. She died blaming herself, not understanding that she was purposely targeted and preyed upon by predatory loans. I did not understand how a 78-year old terminally ill woman was given a loan for fifteen years. It boggles the mind of the reasonable person. My only option at that time was to manage the situation by refinancing and attempt to pay off her mortgage. The death of my mother and the stress of fighting for my family's home has been a nightmare. During April of 2008, I had a six-inch tumor removed that was interfering with the function of my kidneys and liver. I have also had a series of medical conditions causing high medical bills and loss of income. My family has suffered so very much during this 1,885 day process. We have been disrespected, insulted, lied too, misled. I was laughed at and told, “You people think it's okay not to pay your Mortgage” by a Wells Fargo Home Preservation Specialist. I was willing to pay an affordable mortgage and keep my promise to my mother's dying wish for her grandchildren and unborn great grandchildren to be able to own and keep our home. I was promised by Wachovia I would have a modification within 120 days. To date, I have submitted paperwork repeatedly for the past 1,885 days. In the 30+ years I have lived in the Crenshaw area, I have witnessed my community suffer so many injustices from racial profiling, the “Cash Cow” attitudes of the Banks and their auto insurance companies, I witnessed my neighbors being slowly priced out of our community through “gentrification” and the vicious trick bag that is the “Pick-a-Pay” option offered by Wells Fargo Bank, who claims to “stand by our community” yet prove by these actions and exploiting practices that they are NOT. I have seen so many people lose there homes. Not knowing which way to go like a deer caught in headlights as ruthless sharks try to “flip the property” within 60 days and steal that family's future (equity) knowingly providing loans that are toxic to the homeowner yet very profitable vertically and horizontally for the banks. The current state of the modification process is like asking a fox inside of a chicken coop, “What should he do with the chickens?” Unfortunately history has already shown us the answer to that. I love my community. It is important for us not to be invisible. Many have just walked away from their futures in silence and without hope, and conditioned to simply “put up with it”. Home Defenders League has directed a online campaign against Wells Fargo CEO, John Stumpf demanding that Wells Fargo end foreclosures, work in good faith to keep families in their homes and provide reasonable load modifications that include principal reduction. We also demand the stop of blocking communities like Richmond, CA from enacting their own programs to combat the foreclosure crisis. “The issuing power of currency shall be taken from the banks and restored to the people, to whom it rightfully belongs. The “Economic Tapeworm” behavior must STOP! Right here, right now” Sincerely, Athena Jackson “For years, cities and communities of color were targeted by predatory lending practices and sold toxic sub-prime mortgages, resulting in a foreclosure crisis. Now those same cities that were targeted by predatory lending should be able to consider their full range of options to rescue homes from foreclosure, and to stabilize communities that are facing blight because of discriminatory lending practices”. - Udi Ofer, Executive Director of the ACLU of New Jersey. “We have already seen what unchecked corporate greed can do to communities, Many of us are still fighting to keep our homes and stay in the communities we love after the harm done by Wall Street. The federal government has a responsibility to protect our right to housing—not to help sell our homes to the highest bidder.” - Gisele Mata, California Community Organizer “I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around (these banks) will deprive the people of all property until their children wake up homeless on the continent their fathers conquered”. - Thomas Jefferson
Help Liberate the House On Ridge/Ayude a Liberar la Casa de RidgeJorge Ortiz and his family have lived in the liberated house on Ridge since 2012. It is both a political space and a home. The multi-generational family that resides in the house has created a space that is welcoming to the larger community and a testimony to Zapata's idea that the land belong to those that work it/ "la tierra es de quien la trabaja." With the help of community members, gardens were recently installed, which will produce food for the neighborhood. Film screenings, musical events, and community meetings also take place regularly in this home. It is the hope of the Calivillo-Ortiz family, Communities United Against Foreclosure and Eviction, and the Centro Autónomo that the home be donated to the Casas del Pueblo Community Land Trust so that the family can stay in the home and so that the house can keep serving the community.
Bank of America: Reverse Illegal Foreclosure Sale Keep Family in Their HomeAs a senior citizen, and father, my wife and I have worked long and hard putting all our money into our home for retirement. This has been home to our children, family, friends and pets. We’ve celebrated holidays, birthdays, graduations, etc. We’ve poured our hearts and souls into our beautiful garden, improvements and updates. We have nurtured great neighborhood relationships. If the Bank of America is allowed to needlessly steal our home and evict us, then we’ll have lost everything. THE BANK OF AMERICA SCHEME Like so many other good Americans the Wall Street financial crash hurt our income. We entered the HAMP program in good faith and with clean hands—with a PERFECT PAYMENT HISTORY and GREAT CREDIT. Upfront we qualified and innocently believed the Bank of America wanted to help us. However, as time went on, we felt MISLEAD and TAKEN FOR A RIDE just like the millions upon millions of unsuspecting homeowners who’ve been unlawfully foreclosed upon. BANK OF AMERICA CREATES UNBELIEVABLE DEBILITATING STRESS The Bank of America made this entire process so onerous it was causing sleepless nights, excessive stress, headaches, vision problems, back pain and relationship problems. Even during the modification process (WE NEVER MISSED A PAYMENT) the Bank of America’s negative credit reporting spoiled our credit and began affecting my business reputation. Even though we HAD NEVER DEFAULTED we had to declare bankruptcy to stop a foreclosure sale. Never in my life did I dream I’d ever be in this kind of situation. Something was not right but we couldn’t put our finger on it. At first we thought we did something wrong. I was EMBARRASSED. I felt GUILTY like I let my family, neighbors and the Bank of America down. Yes, I actually thought for a time I was a bad bank customer!!!! Onlookers who didn’t understand the banking schemes would say, “Just pay your damn mortgage!” You don’t hear much about their clever BANK SCHEMES and how they routinely take advantage of homeowners on the 6 o’clock news. By every calculation and requirement, we qualified for this loan modification. SOMETHING STINKS AROUND HERE Bank of America lost the first two sets of documents, gave us endless/senseless runarounds, made communication impossible by changing reps with every phone call we made. A clearly stated three  month trial period shockingly turned into sixteen  timely payments. Bank of America accepted and cashed every check leading us to believe they were sincere about providing a legitimate modification. After pressing the Bank of America Office of President and CEO for our modification instead we discover that our family was kicked off the program at the [9th] ninth month because as they claimed, "THE RULES CHANGED!" We even paid four  of our regular monthly payments after Bank of America kicked us off the program until the bank stopped accepting our checks and threw us into foreclosure. LOOKING DOWN THE RABBIT HOLE OF COMMON BANK CORRUPTION Perplexed we hired expert Eva Jo Sparks a competent and well respected forensic mortgage auditor. Ms. Sparks conducted a detailed 165-page investigative report and discovered: 1. We are not now nor have WE HAVE NEVER BEEN IN DEFAULT with the Bank of America. 2. Ms. Sparks team revealed a surprising litany of bank "IRREGULARITIES" that add up to fraudulent practices—the kind of illegal acts that got the Bank of America fined billions upon billions and recently yet another 17 billion for wrongful foreclosures. Our case was escalated to the U.S. Treasury for HAMP violations yet the Bank of America arrogantly disregarded the investigation and foreclosed anyway. The Bank of America worked with FREDDIE MAC, Trott & Trott to foreclose on our home. David Trott's foreclosure mill has by his own count put more than 80,000 families into the streets of Michigan in just one year! David Trott is running for Congress. Is this foreclosure king the kind of character we need representing citizens in Congress? On November 27th of 2014 we will be evicted unless you and your friends can help us stand together to let the BANK OF AMERICA know it cannot continue to steal homes from good Americans. WHO’S LOOKING OUT FOR HOMEOWNERS? As an honorable VETERAN, like my father and brother, I enlisted in the armed services to protect our free enterprise way of life. I’m proud of that fact. But today, I feel like I’m back on the front lines fighting for my life, family and home from FREE ENTERPRISE BANKING GONE UTTERLY MAD for their own profit motives. We must pull together to stand up to bank tyranny. Please help us by spreading this tragic and true story.
Accept My Rent Invitation Homes!Hi, my name is Nefesh. I work with dogs, live in Stone Mountain, and rent from Invitation Homes. From the start, this has been a very difficult company to work with. However, they showed me a home with a fantastic back yard and I was hooked. Invitation Homes walked the property with me and wrote down the many things that needed to be addressed before I moved in: mold on the ceiling, a large amount of underbrush in the backyard, gutters falling off, a HUGE pit in the back yard that used to be an aquarium, a tree had fallen and damaged the chain linked fence (making it easy for my dogs to walk over it to be outside the fence), and a warped wooden gate that would not close. They promised me that these things would be fixed BEFORE I moved in in 2-3 weeks. They were not fixed. Due to a recent diagnosis of Epilepsy and a major surgery, my doctor recommended I stay put and heal so I had signed a 2-year lease. I made a commitment to be in the home and decided to stand my ground and get everything fixed. Unfortunately, the problems continued. I got an eviction notice my first month. I had paid a deposit, first and last, and moved in on Sept 26. I tried to pay the next month’s rent through the portal online as they requested, but could not get into the system. I called at least 25 times, left messages, and sent emails to tell them. I did not receive one call or email reply. On Oct 6th I got an eviction notice! I called and called again, emailed everyone in the company, and even called the owner, to no avail. Finally, they called to tell me they “fixed” the system—they had actually just put me into the system! Then they wanted me to pay late fees! The next month I paid the rent online with no problem, but on the 8th I got a Sheriffs notice on my door! After about 50 calls, I found out that Invitation Homes was having a difficult time getting my money out of my bank. I was baffled. After so many more calls, they revoked my eviction, court date, late fees and legal fees. Three months in I finally got someone to come look at the mold. They wound up taking most of a wall out and part of the ceiling. I had been living in, breathing in mold DAILY for 3 months! In July 2014, I called the maintenance line and asked them to come out and snake the sink because it was backing up into the dishwasher. When the plumber came out he said: "Wow, this is shoddy plumbing! I have to re-plumb it because it's going up and not down. Matter can't drain properly if the pipes don't go the right way. I have to re-plumb this". I have very little knowledge of plumbing, asked him to please approve it with Invitation Homes. He told me he did and then re-plumbed it. It worked fine and he left. When I went online to pay my rent for August, there was a $425.00 property destruction fee added onto my rent. I could not pay my rent unless I also paid the $425.00 fee. After more phone calls and emails, they answered two weeks later: I was to pay for the plumbing because it was destroyed by improper use. This is outrageous! They refused to take my August rent without the repair cost and locked me out of the online portal so that I couldn’t pay rent for September. I don’t drive due to my condition, but went to their office and they again refused to take my August and September rent without payment for the repairs and late fees. Invitation Homes seems to have LOST my 2-year rental agreement and are telling me that I need to be out by Sept 30th. It WAS also stored in the online portal but once they locked me out, it disappeared. They showed me a "non renewal" notice and told me it was due to the multiple eviction notices I have received this year! These were due to their inefficiency! The property manager promised me he would look into this, but when he got back to me he said they had spoken with the maintenance department who said the food clog was definitely my fault, I would have to pay the $425.00, they were not renewing my lease, and that day was my LAST DAY of my lease! It is October now and I have no other house to go to. I want to stay in this house until I can find another to move into so that I can know my animals and I are safe. Please sign my petition.
ASC/Wells Fargo, Don't Take the Only Home My Seriously Ill and Elderly Father has Ever Owned!We've been through enough pain, enough heartache, enough stress! If ASC/Wells Fargo had done the right thing and worked with us (and the State of New Jersey's HomeKeeper Program), we wouldn't even be in this mess. It's long past time for Wells to do the right thing here and keep my dad in the home he worked so hard for. Every human being deserves a second chance to make things right and I implore everyone to help me KEEP MY HOME!
Fulton County Displacing More Single Mothers and Children with DisabilitiesWe are five families comprised of single women and children with disabilities who participate in the Fulton County OETH Permanent Housing Program. The program is supposed to help us recover from being chronically homeless and promised us the stability of living in a normal setting. Contrary to the aims of the program, in July, Fulton County moved our families from our homes in Vine City because of a disagreement with the City of Atlanta. We pulled our children out of their school and have been trying to settle them into their new home. On August 5, Fulton County arranged a meeting with Chairman John Eaves at our complex. Not long after the pictures were taken and the dignitaries left, we began to be harassed, targeted, and put out of our homes on false accusations. Our families need your help. I, Tracey Del-Gado, was terminated from the program on September 19, 2014 under the false allegation that I was making too much noise. The termination occurred after I went to Chairman John Eaves office to get help. When he turned 18, my son was required to leave our home with no resources or help. If I’m in a transitional housing program and have no resources to leave myself, then how am I to help my son? My son is currently homeless, sleeping from house to house. Fulton County gave their permission for Regency Park Apartments to terminate residents from the housing program without the right of appeal. The property manager of Regency Park Apartments terminated my housing last Friday and has given my 6 yr old and myself only one week to be off the property. On September 12, 2014 I, Antoinette Jones, was terminated from the housing program at Regency Park Apartments due to my child’s father coming to the apartment to drop items off for our daughter. The program does not allow men on the property and accused me of acting inappropriately. If my appeal is not granted, my family will be homeless. I, Ebony Bedford, was written up the first week after moving to the new location because of non-payment of my housing service fee. During our hurried move, some of my belongings were lost including my debit card. Fulton County staff person, Mia Redd, said that losing my debit card was not a good enough excuse and could not wait until the replacement came in the mail. On the 2nd of September, I was written up again because I am in school and my class conflicted with the Fulton County “Dress for Success” 10-week program. The staff told me that I had to opt out of college. Fulton County has placed a lock box on our thermostat so that we cannot adjust it. In the heat, my child suffered from seizures and was hospitalized and other children have suffered from major asthma attacks. Our children are all struggling because they aren’t able to play outside. Even though the apartments are sound proofed because they are next to the airport, we were told that our children would be a disturbance to the other tenants and we would be terminated from the program if they played out front. If our children wish to play, they are only allowed to do so at back of the house, where the sun is relentless, or go to the dog park. I, Devonda Pittman, have been written up numerous times since moving to Regency Park Apartments. Fulton County says I violated program rules by allowing my mature, teenage daughter to watch her siblings while I go to work. I don’t make enough to pay for childcare and they will not allow us to watch each other’s children when someone is in need. Staff have recently harassed me at my job to sign papers for the program. I want to hold onto my job, but we could lose our housing. I, April Monger, have not been cited since the move, but I am certain I am next on their list. I’m concerned because Fulton County OETH may change the program again and I need stability for my son. We are asking for the right to be treated with respect and compassion by the case manager and supervisors in the Fulton County OETH Program. We do not want a handout; we are all trying to become self-sufficient. Some of the families have found employment and are in school. These mothers are now being told to quit school or may even lose their jobs because of the many barriers created by the Fulton County OETH program staff. We understand that there are rules to be followed, but we feel stuck in chronic homelessness and must speak out. Please help us help ourselves by shining a light on the Fulton County OETH Permanent Housing Program.
Bank of America is trying to steal my homeI have my life savings in this home. They told me to fall behind to get the modification. I never would have. I could have rented it out and made a profit if they hadn't promised me that I qualified. This has been a five year battle and they are about to take it. I have done everything they asked, about fifty sets of emailed documents over the years, fourteen months of a modification paid early every month and then denied. There is no reason they can't modify, they just want to steal it and make a profit. Please help, it is criminal what they are doing, but they always get away with it. No matter how many penalties they are fined, no matter how many employees come forward, it just doesn't seem to matter to the government. We paid to bail them out & they could care less about the American homeowners. They certainly do not live up to there name!!!
Illinois Legislatures Pass Homeowners Bill of Rights!Center for Responsible Lending and Consumers Union: State Action Still Needed to Prevent Unnecessary Foreclosures. States have yet to recover from the foreclosure crisis that has stripped trillions of dollars from homeowners and devastated local communities across the nation. Industry analysts estimate that 6 million borrowers remain at risk of foreclosure.1 States are in a strong position to prevent unnecessary foreclosures, stabilize local housing markets and protect homeowners from mortgage servicing abuses. Through practical enhancements to the standards set by the Consumer Financial Protection Bureau (CFPB) and California’s Homeowner Bill of Rights, states can help borrowers get full and fair consideration for loan modifications before losing their homes to foreclosure. State Action Remains Necessary Following the CFPB Servicing Rules On January 17, 2012, the CFPB issued final servicing rules that address loss mitigation and dual tracking, the practice by servicers of simultaneously pursuing foreclosure while working with a homeowner on a loan modification or other foreclosure alternative.2 Although the CFPB rules will apply to servicers whether or not states adopt them, 3 only by adopting the rules themselves can states give borrowers the ability to prevent foreclosure sales when servicers violate the rules. Hence, we provide recommendations on how to implement aspects of CFPB’s national reforms. And although the CFPB rules are strong in many respects, there are key areas where the states can provide stronger protections for homeowners. Recommended Dual Track Rules Pre-Foreclosure Referral: The CFPB rule provides that a mortgage servicer may not start the foreclosure process until a borrower is more than 120 days delinquent. Additionally, under the rule, if a borrower submits a complete loss mitigation application before the servicer starts the foreclosure process, then the servicer may not begin the process while the application is pending. States should adopt this strong standard. Post-Foreclosure Referral: Under the CFPB rule, if a servicer has already started the foreclosure process, it is prevented from moving for a judgment or order of sale or conducting a sale only if the borrower submits a complete loss mitigation application more than 37 days before the foreclosure sale date. California law has no deadline. CRL had recommended that the CFPB adopt a shorter deadline of 15 days. States should consider giving borrowers more time to apply with timelines that are consistent and workable with their state’s foreclosure timetables. Limited Right to Appeal: The CFPB rule gives borrowers a right to appeal a denial only if a complete application is received by the servicer 90 days before a possible foreclosure sale date. California law allows a borrower to appeal a denial regardless of when the application was received. Given the evidence of widespread servicer errors related to denials, states should consider providing borrowers with broader appeal rights for borrowers who meet the state’s application deadlines. Procedural Rules regarding Borrower Outreach and Denial Letters: The CFPB also requires outreach to borrowers about loss mitigation programs and denial notices. States should adopt the CFPB outreach procedures, but should consider adopting California’s more detailed denial notice, which provides greater transparency and information to borrowers. States Should Also Give Borrowers the Ability to Prevent Unlawful Foreclosures Dual track restrictions are intended to prevent unnecessary foreclosures. This goal cannot be effectuated fully by the CFPB rule alone, however, given that the law under which the rule was implemented, RESPA, does not allow borrowers to actually prevent a foreclosure sale when servicers violate the rule’s requirements.4 States, therefore, should adopt dual track rules (as outlined above), and then also provide borrowers with a right to seek an injunction (in non-judicial foreclosures) or raise a defense to foreclosure (in judicial foreclosures), for a violation of these rules. This will allow borrowers to put a pause on the process while the servicer considers the borrower for foreclosure prevention alternatives as required by the rules. This protection ensures that borrowers receive the full benefit of the dual track restrictions to prevent unnecessary foreclosures. http://www.responsiblelending.org/mortgage-lending/policy-legislation/states/2013-crl-and-consumers-union-joint-state-foreclosure-recommendations-final-february.pdf
Fannie Mae: Don't Evict Marcia Iza and her family, Negotiate with Casas del Pueblohttps://www.youtube.com/watch?v=z3ANYluGaTY&feature=youtu.be Marcia Iza is an immigrant mother from Ecuador who has lived in her home for fourteen years. This is home to her daughter, her daughter’s husband who is active duty military stationed in San Antonio, and her recently born granddaughter. Ms. Iza was married when the property went into foreclosure. She suffered physical and mental abuse for years at the hands of her now ex-husband, who quit making mortgage payments, unbeknownst to Ms. Iza, during the lengthy and difficult divorce proceedings. This mishap caused the foreclosure. Instead of working with Marcia on affordable terms, Fannie Mae nearly evicted Marcia. After a coalition of Chicago housing justice organizations threatened mass action against Fannie Mae, they agreed to negotiate a sale to the Casas del Pueblo Community Land Trust and temporarily halted the eviction. After months of negotiations, Fannie Mae has been unwilling to offer a fair price and has renewed its threat of eviction if Marcia cannot purchase the home by their inflated standards. While sitting on $18.4 billion the last two quarters of 2014, it is clear that if Fannie Mae doesn't accept what we can afford to pay, they would rather have another family on the street than create permanent affordable housing, which the Casas del Pueblo Community Land Trust would guarantee. We are asking Fannie Mae to reflect on its reputation and consider our offer which will benefit the community. if you would like to donate funds to keep Marcia and her family in their home please go to Marcia's go fund me towards raising more money to buy the property to create affordable housing while keeping a family in a home. http://www.gofundme.com/ffletk
Tell HUD: Stop selling our neighborhoods to Wall StreetThe Federal Housing Administration (FHA), part of the Department of Housing and Urban Development insures millions of mortgages in America and regulates housing industry business. In the wake of the housing crisis, FHA created a program called the Distressed Asset Stabilization Program, which is supposed to sell off seriously delinquent FHA insured loans in ways that “stabilize” neighborhoods. Instead, they are selling them off to the highest bidder, and that means Wall Street bankers and private equity firms. There is an alternative: Non-profit “Community Development Financial Institutions” that have a track record of successfully helping struggling homeowners and developing affordable housing are ready and willing to buy the same assets HUD is selling to Wall Street. It is appalling to see the one department in our Federal government charged with stabilizing communities and creating affordable housing helping to make Wall Street more profitable, as our neighborhoods require needed attention and investment. This has to stop. Now. After you sign this petition learn more by reading our report about HUD and Wall Street authored by Center for Popular Democracy and Right to the City and “The Rise of the Corporate Landlord” a report by The Right to the City Alliance.