Deploying Urban Space
• http://www.inthesetimes.org, BY Maggie GarbIn Rebel Cities, David Harvey says places like Tahrir Square and Zuccotti Park are key tools for revolution.
Contents Pages by Subject
Housing
Police ‘violently’ arrest 14 protesters at Minnesota foreclosed home
• RawstoryMembers of Occupy Minnesota are accusing police of abusing their power by using physical violence to arrest demonstrators peacefully protesting at a foreclosed home in Minneapolis. “In the latest incident in an ongoing showdown, officers violently
The Housing Bust Was Just A Preview For The Coming Catastrophe
• http://www.businessinsider.com, Peter SchiffI first came to national attention back in 2008 and 2009 when the housing and credit markets imploded. I became known as the guy that other market “experts” laughed at when I warned of trouble brewing in the seemingly indestructible American economy.
The Firm Who's Suing The Bankers Is No Better Than Them
• godlikeproductions.comIn summary - you win? YOU LOSE - because the firm will impose in essence a lis pendens on your home (for 30-40 yrs) until you pay them the award settlement fee 30%. Even if you do get your house for 'free' as a settlement - (non monetary) you have
Florida foreclosure case could slam banks
• ReutersThe Florida Supreme Court is set to hear oral arguments in a lawsuit that could undo hundreds of thousands of foreclosures and open up banks to severe financial liabilities in the state where they face the bulk of their foreclosure-fraud litigation.
Landmark Lawsuit by US Home Owners Implicates Obama
• http://wakeup-world.com, By Madison RuppertA new lawsuit, which is bordering on the unbelievable, implicates the Obama administration and some of the world’s largest banks in the largest international money laundering case in history.
Falling home prices drag new buyers under water
• ReutersMore than 1 million Americans who have taken out mortgages in the past two years now owe more on their loans than their homes are worth, and Federal Housing Administration loans that require only a tiny down payment are partly to blame. That figur
For Some, 'Frustration' Over Mortgage Settlement
• http://www.npr.org, by Yuki NoguchiEarlier this month, a judge approved a settlement between five major banks and nearly all of the state attorneys general.
The Great American Foreclosure Song
• http://www.commondreams.org,A handy new music video explains, in lay person's terms, the foreclosure crisis and loan modification fiasco.
Something 'Crazy' Is Happening In The Southern California Housing Market
• http://www.businessinsider.com, Joe WeisenthalIn the areas around San Diego, the all-in cost of renting a house is more expensive than buying a house.
This Reporter Waded Into The Wreckage Of The Foreclosure Crisis And Found Out It Was Far From Over
• http://www.businessinsider.com, APWhen Frank Verna pulls up to a battered, four-unit apartment building at lunch hour, he's just over a mile as the seagull flies from the gated oceanfront palaces of South Florida's wealthiest.
Home prices fall to 2002 levels
• www.dailypaul.comThe housing market started the new year with a thud. Home prices dropped for the fifth consecutive month in January, reaching their lowest point since the end of 2002.
ROBERT SHILLER: Suburban Home Prices Will Not Rebound In Our Lifetime
• www.businessinsider.comMany young people are choosing to live at home for a longer period of time instead of buying. Moreover, would-be homebuyers are settling into modern apartments and condominiums, further hindering a housing rally.
Bank Whistle-Blower Wins $18 Million Payday in Foreclosure Deal
• Washington PostAttorney Lynn Szymoniak had spent a career investigating insurance fraud when a bank moved to foreclose on her Florida home in 2008. Almost four years later, the fraud she said she uncovered by combing through mortgage documents earned her $18 millio
Sustainability: DIY home for less than $3500
• faircompanies.comIn a town where the median home price is over half a million dollars, Jenine Alexander decided to build her own. Using resources like the tiny house blogs and the 1950 bestselling DIY book "Your Dream Home: How to Build It for Less Than $3,500" (a
Life at a slower pace, with the solar-powered Bauhaus Barge
• By Paul RiddenThe soothing sound of canal water gently lapping against wood as you fall into peaceful slumber has got to be one of the best ways to end a relaxing day of leisurely cruising past sights that many Londoners rarely glimpse.
877,000 reasons why you can’t believe the media
Menckens GhostWhat would you say if you discovered that the media had ignored 877,000 stories about a major cause of people losing their houses and money in the housing collapse and Great Recession? Would you say that the media can’t be trusted?
Bank of America Breaks With Fannie Mae
• New York TimesBank of America said Thursday that it would no longer sell new mortgages to Fannie Mae, underscoring tensions in a fight between giants of the home loan market over billions in losses in the housing bubble.
Mortgage Foreclosure Settlement: Who Pays? Taxpayers?
• by Amanda LangTaxpayers to pay banks 'incentive' to write mortgages down. How can this be punishment for criminal acts?
The Scariest Housing Market Chart Ever
• Joe WeisenthalNo doubt you've seen the chart which we once dubbed the "Scariest Jobs Chart Ever" which shows how this employment market bust has been far worse than anything before seen in history.
CONFERENCE: Moratorium to Stop Foreclosures
• Global Research, February 17, 2012A CALL TO A NATIONAL CONFERENCE TO DEMAND A TWO YEAR NATIONAL MORATORIUM TO STOP FORECLOSURES
BERNANKE: Renting Might Be The Path Out Of Foreclosure
• Joe Mont, The StreetDuring a speech this month before the National Association of Homebuilders, Fed Chairman Ben Bernanke shared his views on ways to escape the nation's foreclosure crisis.
Mortgage problems? Turn your house into a billboard
• www.reuters.comWhen they saw the house on El Dorado Drive in this Los Angeles suburb being painted a startling orange and green and giant billboards hung on the outside, Scott and Beth Hostetler's neighbors were initially angry and confused. Some even considered ca
Foreclosure Deal to Spur New Wave of U.S. Home Seizures, Help Heal Market
• BloombergThe $25 billion settlement with banks over foreclosure abuses may result in a wave of home seizures, inflicting short-term pain on delinquent U.S. borrowers while making a long-term housing recovery more likely. Lenders slowed the pace of foreclos
States Negotiate $25 Billion Deal for Homeowners
• New York TimesAfter months of painstaking talks, the nation’s biggest banks have agreed to a $25 billion settlement that could provide relief to more than two million current and former American homeowners harmed by the bursting of the housing bubble, state and fe
Homeownership rates fall to 66% as downturn nears a bottom
• www.usatoday.comFewer Americans own homes and many of them are continuing to see values decline.
U.S. to charge ex-Suisse traders on subprimes
• ReutersUS authorities are preparing to charge 4 former Credit Suisse Group AG employees with criminal and civil fraud related to write-downs on subprime mortgage derivatives at the height of the financial crisis. Credit Suisse will not be charged in the mat
Fed Members Laughed As Housing Bubble Grew
• www.cnbc.comLow interest rates instituted by then-Fed Chief Alan Greenspan had housing prices booming, the stock market was rising and Fed members were—literally—laughing their way to the...well, central bank.
White House, big banks close to foreclosure fraud settlement
• RawstoryThe White House, state attorney generals, and the nation’s big banks are reportedly close to a $25 billion settlement on allegations on foreclosure fraud, according to the Huffington Post. The settlement would be based on homeowners who were eithe
Old mortgages rise from the dead, haunt homeowners
• Reuterstheir old loan, the one Wells Fargo told them was paid off, would resurrect itself, trashing their credit report, scotching their son's student loans and throwing the whole family into foreclosure. All, they say, even though they didn't miss a single
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