Hedge funds and private equity firms have quietly bought 200,000 cheap, mostly foreclosed houses in cities hardest hit by the economic meltdown.
"We've seen ten million people thrown out of their houses since 2007. Literally millions of children. So I don't want to celebrate this anniversary. I want to talk about how the need for this movement is more than ever."
Jacqueline Barber, a retired Atlanta police detective who has been fighting cancer and eviction, gets to keep her home after a long battle with her multiple banks.
A West Virginia woman says that she lost everything except two pieces of furniture and a mirror because a bank provided a wrong address to a repossession company while apparently trying to foreclose on a house.
An ambitious homeowner made extra payments on his principal so he could pay off his home sooner. Wells Fargo Bank responded by foreclosing on him.
Occupiers, allies and community members from across the country came together in front of the DOJ to demand that Attorney General Eric Holder arrest the bankers responsible for upending the international economy through the housing crisis.
Five years after the greed and recklessness of Wall Street criminals crashed the economy, Eric Holder’s Department of Justice is finally making some arrests. But it’s not Wall Street bankers sitting in jail. No, it’s 27 struggling homeowners and foreclosure victims who went to D.C. to demand the end of Too Big to Jail.
Watch Joe Stringer,in Los Angeles talk about how the foreclosure crisis has decimated his neighborhood in Watts.
The bank foreclosure settlement that was intended to speed relief to homeowners is having some problems. Probably not a surprise to those already screwed over by the Big Banks.
Watch: A bank foreclosure and eviction goes horribly wrong when the former homeowner took four firefighters hostage in a suburban Atlanta, Georgia neighborhood on Wednesday.
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