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100 Days to Fix What Wall St. Broke: Painful to See American Dream 'Rot Away'

Jackie Tortora | Corporate Greed

100 Days to Fix What Wall St. Broke: Painful to See American Dream 'Rot Away'

Wall Street wrecked the economy and banks still are refusing to work with people who are trying to stay in their homes. The Campaign for a Fair Settlement, along with other partners, is calling on President Obama  over the next 100 days  to champion an agenda that would:

1. Hold bankers accountable for their crimes.

2. Keep people in their homes by resetting their mortgages.

Sign the petition here . 

______________________

Diane McCloud shared her story  about her home underwater. Read more from  100 Stories of What Wall Street Broke :

Read more and comment »

Bank Foreclosure Settlement Money Should Be Used to Help Homeowners

Arlene Holt Baker | Economy

Bank Foreclosure Settlement Money Should Be Used to Help Homeowners

Earlier this year, state and federal law enforcement officials negotiated a historic legal settlement with the Big Banks that had abused the rights of homeowners during the foreclosure crisis. As part of this settlement, the Big Banks agreed to pay $2.5 billion in penalties to the states for programs to help prevent foreclosures.

Sadly, in many states these funds are now at risk of being diverted away from helping struggling homeowners.

Read more and comment »

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