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IDemo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-17-11 07:11 AM
Original message
Homeowner taps 'Occupy' protest to avoid foreclosure
msnbc.com
updated 2 hours 22 minutes ago 2011-10-17T10:46:10


LA PUENTE, Calif. — Rose Gudiel and her family were squatters in their own home. They had lost a two-year battle against foreclosure, and the eviction date had arrived. They hunkered down in the house on Sept. 28, surrounded by dozens of homeowner advocates and friends, hoping to stave off forcible removal.

“(The bank) kept saying we can’t do anything. Your case is closed,” said Gudiel. “Our stand was, ‘No, we’re not leaving. This is our home. We worked hard for it and we’re just not going to leave.’”

But instead of the anticipated confrontation, there was a dramatic reversal of fortune. Fanny Mae canceled the eviction notice and offered the Gudiels a loan modification that could enable them keep their home.

Why? Fannie Mae and loan servicer OneWest won’t discuss the case. But nonprofit advocates say a series of bold protests — with reinforcements from the “Occupy Wall Street” movement — and a spate of media interest put Rose in the limelight and forced the banks’ to back down.

http://www.msnbc.msn.com/id/44908122/ns/us_news-life/
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me b zola Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-17-11 07:22 AM
Response to Original message
1. Yes!
:thumbsup:
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formercia Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-17-11 07:23 AM
Response to Original message
2. Shine a Light on the Cockroaches and watch them scatter.
I lub it.
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Earth_First Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-17-11 07:52 AM
Response to Original message
3. OccupyRochester and Take Back the Land are planning similar action
Yesterdays GA discussed this with the two groups present and a lawyer from NYCLU.

Good on them, we support you in solidarity and direct action!!!
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MedicalAdmin Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-17-11 07:59 AM
Response to Original message
4. These type of stories show that the banks are full of shit.
If they were right, they would need to back down, but they are wrong and they know it sonwhen forced they back down in order to hide their lack of shame, inhumanity, and general stupidity.

Keep shining the lights.


At one point I would have been fine with changing regulations and getting on with life, but at this point we need to regulate, clean house, imprison, and seize every ill gotten gain. Nothing less than a complete identification and destruction of these sociopathic parasites will do. They must be removed and at the very least treated asthenosphere mentally I'll SOBs that they are.
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rbixby Donating Member (716 posts) Send PM | Profile | Ignore Mon Oct-17-11 08:26 AM
Response to Original message
5. I just don't get it
doesn't it make more sense for the banks to allow for a modification so they can keep paying their mortgage than to sell the house at a huge loss in this depressed market?
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meow2u3 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-17-11 09:22 AM
Response to Original message
6. I googled "illegal foreclosure" and got this
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Kingofalldems Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-17-11 11:02 AM
Response to Original message
7. Kick and Rec for the 'mock and undermine' crowd
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