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Foreclosure Fraud
PI Original
by Ashlee Rezin
Wed Aug 21, 2013

Protesters Call On Fannie Mae, Bank Of America To Change Lending, Foreclosure Policies (VIDEO)

Protesters took to a downtown Bank of America branch and Fannie Mae’s corporate offices in Chicago Tuesday to urge one of the nation’s largest home mortgage servicers and the largest home mortgage investor to change their lending and foreclosure policies. Progress Illinois was there for the action. 

Quick Hit
by Ashlee Rezin
Tue Jul 9, 2013

Bank Of America Customers Seek Loan Modifications Amid Whistleblower Scandal (VIDEO)

In light of recent whistleblower allegations from former employees detailing Bank of America’s purported loan modification and foreclosure abuses, protesters descended upon a downtown Chicago branch Tuesday.

Organized by Action Now, two members of the grassroots community organization sought loan modifications from bank officials while a gathering of roughly two-dozen protesters marched and chanted outside.

“We’re trying to put pressure on the bank to do what they’re supposed to do — they’re supposed to help homeowners,” said Tim Rivard, foreclosure outreach coordinator for Action Now. “If we get the bank to start working with us, or working with people who are in trouble with their mortgages, this could set a good precedent.”<--break->

Quick Hit
by Ellyn Fortino
Mon Jun 11, 2012

State Leaders Join Forces With Local Advocates For Economic Justice

Members of the faith-based power network IIRON signed a covenant on Sunday for economic justice and called on Attorney General Lisa Madigan and other elected officials to sign it in order to create a more just economy.

Quick Hit
by Progress Illinois
Tue Feb 28, 2012

Op-Ed: State House Bill Addresses Fraudulent Foreclosures

The following was written by Mike Reed of Sheridan, IL, courtesy of MoveOn.org.

State Representative Constance Howard (D-Chicago), working in conjunction with the NAACP’s Far South Suburban branch, introduced on February 15 a bill in the state legislature which would make fraudulent foreclosures in Illinois a crime, with the perpetrators facing both criminal and civil consequences.