EVICTION BLOCKADE CLARK FAMILY VS. FANNIE MAE
MONDAY JANUARY 14TH, 2013 @ 8AM (Eviction Scheduled for 9AM, please arrive early)Â
114 CORONA ST, SPRINGFIELD MA 01104 (MAP)
Clark Family & Fannie/Freddie 99 vs. Fannie Mae
BLOQUEO DEL DESALOJO CONTRA FANNIE MAE
LUNES EL 14 DE ENERO DE 2013 @ 8 AM
On Monday January 14, 2012 @ 8AM the Springfield Bank Tenant Association will mobilize toÂ BLOCK THE EVICTION OF THE Christine & Howard ClarkÂ and their 3 children (18 Mo., 11, 18) from their home at 114 Corona St in Liberty Heights.
Call FNMA’s Attorney to demand that theyÂ STOP THIS NO-FAULT EVICTION-ACCEPT RENT OR NEGOTIATE WITH THE FAMILY!Â (ask for Atty Paul Manning @Â 781-292-3900)
If this number does not work, Harmon may not be accepting calls at this number. You can call their other number 617-558-0500 and ask for Attorney Paul Manning.
Please CallÂ 413-342-1804
Â to let us know if you can come OR if you are interested in participating in CD!
As always we’ll ask that you please respect the Discipline of Springfield NOL/NSM at the blockade.Â
The Clark family joined the SBTA late last year and have been fighting an eviction from Fannie Mae for almost two years. They’ve grown up in Springfield and are deeply involved in the community. When they bought their home, they were fixed into 2 high interest, adjustable rate mortgages at the last minute by the mortgage broker (this was a common practice of predatory lending). They were forced to refinance into an inflated bubble loan. Christine is a CNA at Bay State hospital and has been for more than 11 years. Howard is a fencer and landscaper. In 2007 Christine was hit in a major car accident and left with 2 years of physical therapy, and an inability to work for some time causing them to fall behind on their mortgage.Â Citi-Mortgage and Fannie Mae moved to foreclose in 2011 without any notice of foreclosure auction. Christine is now back to work as a CNA and the family has consistent income. They’ve repeatedly offered to pay rent to Fannie Mae, and recently were pre-approved for a loan with Boston Community Capital to repurchase their home at the current market value.
There is no reason to evict the Clark family – Fannie Mae could stop the eviction and get a better deal for taxpayers by simply negotiating a deal through BCC!Â
Why Fannie & Freddie should elicit your outrage and why we’ve had a campaign against Fannie/Freddie for more than a year:Â
- Fannie & Freddie were bailed out with $180 billion in taxpayer bailouts – they haven’t paid it back.Â They are taxpayer owned, but big bank controlled!Â That is unacceptable! Fannie & Freddie should be putting people and the taxpayer before profit and speculation!
- Fannie & FreddieÂ refuse to do loan modifications with principal reduction,Â even though their own internal reports show that it would be better for taxpayer investors, it would keep families in their homes and it would be good for the whole economy!
- After refusing loan modifications, Fannie & Freddie refuse to accept rent, evict and sit on vacant homes.
- Now Fannie & Freddie are BULK selling thousands of properties to hedge funds, investors and the same people who created the crisis in the first place at steep discounts!
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