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Posted on 07.28.10 by Mary Lou Seymour
“Unfortunately, for Kina and his wife — the loan modification appears to have never been finalized in terms of the reduced payment and they found their mortgage checks sent to an escrow account and NOT credited to their monthly mortgage requirements. Now they are facing foreclosure and immediate eviction, July 27th, for ‘failure to make payments.’ Kina and his wife made numerous calls to Chase which were never returned. Finally, out of desperation they turned to the St. Louis Branch of Legal Aid, and a local activist group, Missourians Organizing for Reform and Empowerment (MORE), in an 11th hour attempt to save their home. … Armed with only the best of intentions and an almost naive belief in our system; activists staged a protest/sit-in at the only Chase location in St. Louis — situated in an office building in affluent, suburban, Chesterfield, Missouri. What happened that morning was a disgrace to the very idea of democracy.” (07/28/10) Link: http://counterpunch.org/molloff07282010.html Filed under: LAND Commentary and RRND Commentary | Report Bad Link Bookmark this post in Furl or Del.icio.us | |






