http://www.facebook.com/events/200307046738698/?notif_t=event_invite
Rally / Press Conference to prevent foreclosures and save our homes and communities!
Congressman Hansen Clarke to Announce Introduction of a Federal Bill for a National Three Year Moratorium on Foreclosures
Date: Thursday, April 12, 2012
Time: 4 pm
Location: Home of Willie Delbridge, 1830 S. Bassett, Detroit MI 48217.
At a Press Conference/ Rally this Thursday, April 12, Congressman Hansen Clarke will announce the introduction of a federal bill that would that would place a three year moratorium on foreclosures, and mandate principal reduction to fair market value when the moratorium ends.
The bill would require an immediate pause in the foreclosure process for nearly any homeowner with a federally related mortgage who requests it. The bill would require the bank to meet with the homeowner in foreclosure to discuss modifying the mortgage. The bill would also provide an incentive for banks to modify the mortgage: if the modification does not occur, the foreclosure would be stopped for three years and the court would determine a reasonable amount that the homeowner must pay each month. Once this three-year period is over, the court would reduce the principal of any underwater mortgage to its fair market value. This plan would keep families in their homes, keep our neighborhoods safe, and spur our economic recovery.
At the press conference/rally we will hear from Congressman Hansen Clarke about the bill, as well as from local organizers, elected officials, and community members.
The press conference will be held at the southwest Detroit home of Willie Delbridge. Willie Delbridge is a homeowner who has been fighting foreclosure fraud by Wells Fargo for several years, and is facing an imminent eviction as a result of Wells Fargo selling his home for a second time to a hedge fund (for $5000) even after the foreclosure had been set aside. For more information about this event call 313-319-0870.
###
###
###
Occupy Riverwest’s photos of April 10:
http://www.facebook.com/media/set/?set=a.320244788040922.73759.215687458496656&type=1
###
From Brother Steve Babson of the People Before Banks http://peoplebeforebanks.org/ coalition in Detroit:
Hello All,
We have an excellent opportunity on April 17 to call out two of the “Co-Conspirators Against the 99%,” Governor Scott Walker of Wisconsin and Gov. Snyder. The Republicans have invited Walker to speak at a fundraiser on the 17 at the San Marino Club in Troy. The details are in the two below flyers, one announcing our informational action from 5-7pm (with directions to the 5pm gathering point at the Balkan American Community Center), and the second detailing in a “subpoena” the shared agenda of Walker and Snyder. We will walk to the nearby San Marino Club and deliver the subpoena in peaceful protest of their attacks on working class families. The message: Snyder is no moderate!
Please distribute the flyer as widely as possible and join us on the 17th!
FLYER: https://wibailoutpeople.files.wordpress.com/2012/04/flyer-walker-snyder.pdf
SUBPOENA: https://wibailoutpeople.files.wordpress.com/2012/04/flyer-subpoenawalker-snyde4-9-12r.pdf
###