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Financial Reform

VOICE Op-Ed on Requiring Banks to Rebuild Communities Devastated by Foreclosure

By Rev. Clyde Ellis, Rev. Keith Savage and Father Gerry Creedon

Hannah Senft, Candy Savannah and Ron Taylor have been neighbors for more than 20 years in Georgetown South, a community of 800 townhomes in Manassas, Virginia. It’s a diverse, working-class suburban neighborhood about 30 miles from the White House.

And it’s being decimated.

Advocates: Pr. William communities to get $30 million for housing pilot program

 

Millions in funding for a housing pilot program that would go toward restoring communities affected by the 2008 foreclosure crisis in Prince William County will be promised by two major financial institutions and a Virginia housing agency Monday, according to Virginians Organized for Interfaith Community Engagement.

Banks: Nearly 1,000 Prince William Co. homeowners eligible for mortgage settlement help

MANASSAS, Va. — Nearly 1,000 homeowners in Prince William County and the cities of Manassas and Manassas Park have been identified as eligible for assistance in the $25 billion National Mortgage Settlement announced this year, two banks reported Sunday at a community meeting.

Predator GE: We Bring Bad Things to Life

If the Justice Department wants to get serious about investigating financial fraud by Wall Street big boys, it ought to drop by the White House and interview Jeffrey Immelt, CEO of General Electric. Immelt is chair of President Obama’s jobs and competitive council, where he strategizes about how to revive American manufacturing. In some other places, only thirty miles from the White House, Immelt is known as the subprime foreclosure king.

Ken Cuccinelli looks at foreclosures in Manassas neighborhood

Virginia’s top cop and Prince William County resident Attorney General Ken Cuccinelli II toured a foreclosure-wracked neighborhood Thursday in Manassas.

Alinsky, Foreclosures and Holding Banks Accountable

 

<p style="\\&quot;text-align:" left;\\"="">Memo to the Obama Administration: if you want to see the makings of a national model to hold big banks accountable for fixing foreclosure-devastated neighborhoods, go to Milwaukee and talk to citizen leaders of a community organization who are practicing what Saul Alinsky preached.

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