Irvington, NJ – A municipal hearing on foreclosure was held here, July 10. The main emphasis was placed where it belongs: on the testimony of distressed homeowners themselves. The council chambers were packed.
Irvington, NJ – The Coalition to Save Our Homes held Save Public Schools Night here on March 11. An outstanding panel spoke to a full room. There are many reasons why an organization dedicated to the struggle against predatory lending would give a program to oppose the destruction of public schools and their replacement by charter schools (private schools run with public school money).
Newark, NJ – Another mortgage ‘settlement’ between the government and 14 Wall Street banks is being pulled out of the hat. The little that the ‘settlement’ does for homeowners is on terms set by the banks. A few objections, among others, are:
Newark, NJ – In the face of ineffective, and even harmful, government measures to assist distressed homeowners, an effort has been launched by the People’s Organization for Progress (POP) and the Coalition to Save Our Homes (C2SOH) to demand criminal investigations of bank wrongdoing during the mortgage bubble. At its Oct. 4 meeting the following motion was passed unanimously:
Newark, NJ – A protest against predatory lending took place here, Sept. 15, at the Broad Street branch of Wells Fargo Bank. It was the joint effort of the People’s Organization for Progress (POP) and the Coalition to Save Our Homes (C2SOH).
Orange, NJ – Over 30 people turned out, March 30, to protest the scheduled eviction of Susie Johnson, 77, from the home in which she has lived for 30 years. Their strong stand drew media coverage to the case. The eviction was not carried out today because the protest exposed injustice. A postponement until May 15 is in effect.
Irvington, NJ – In spite of a winter storm, the Coalition to Save Our Homes marched and rallied here, Oct. 29, against home foreclosures. The group maintains the wave of foreclosures is due to overpricing of the home market by mortgage lenders. They want mortgage principals reduced to amounts that homeowners can pay.