The year 2020 has caused many white people to realize we live in a racist system. The Green New Deal is about systemic change for all, and deconstructing racism must be front and central in this agenda.
underwater homeowners
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Winner Take All: "99 Homes" and the Foreclosure Crisis that Still Reeks of Injustice
The film takes a refreshing, reverse look at the real estate and foreclosure debacle – without the sexy Wall Street glitz and gloss.
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Welcome to the Homeowner Hunger Games
We are educating each other, we are learning from each other, we are supporting each other in this cavernous journey for justice and the “hope” that our system of laws will not continue to betray us.
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Threatening Eminent Domain, New York City Coalition Challenges Wall Street Over Foreclosures
Politicians and activists want the city to wrest underwater mortgages from obstructionist investors and lenders and reset them at current market values – much like the strategy employed in Richmond, Calif.
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Inequality Is Not Inevitable: Rewriting Laws to Reverse A Politics of Greed
Widening and deepening inequality is not driven by immutable economic laws, but by laws we have written ourselves.
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Taking Over, Taking Back: Breaking Doors Down to Open Homes Up
The short documentary by filmmakers Jessica Murphy and Elissa Nadworny highlights the work of the Chicago Anti-Eviction Campaign, a coalition of homeowners, renters and houseless people organizing to take over vacant, bank-owned houses.
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In Defiance of Wall Street, Richmond, Calif., Declares Eminent Domain For Underwater Mortgages
In a precedent-setting case, the Richmond City Council voted 4 to 3 to use the city’s power of eminent domain to force banks to sell underwater loans to the city, allowing homeowners to restructure their mortgages.
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Banker Used $400k in Bailout Funds To Buy Luxury Condo
Missouri bank executive Darryl Layne Woods spent nearly $400K of TARP bailout funds to purchase a ritzy Florida pad.
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Revealed: How Cities Are Seizing Underwater Mortgages Through Eminent Domain
Officials have discovered that they can use their eminent domain power to buy underwater mortgages at their current market value and resell them to homeowners at reduced price and mortgage payments.
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Revealed: Atlantans Lost Nearly $1 Billion in Wealth Due to Foreclosures in 2012
Communities of color lost more than double the wealth of predominantly white communities in the Atlanta housing crisis in 2012.
