Occupy Atlanta Enforces Anti Predatory Lending Policy
In a society where risk takers reap the rewards but are protected against losses, it is nice to hear the President of the country express concern about predatory lending and illegal foreclosures. Unfortunately, nothing is done about it, or nothing was done until the Occupy movement got involved to save homes from rapacious shenanigans. In the fall of 2011, Eloise Pittman had been living at 404 Glen Iris since 1953 when she was notified that Chase Bank began foreclosure proceedings on the home where she, her daughter and granddaughter were living. She died two weeks later.
In 1996, Eloise Pittman borrowed money from a predatory lender that inflated the value of her home to concoct a high commission loan that could never be repaid. On January 12th, after several weeks of occupation of the Glen Iris home, Chase decided to allow the Pittman family to renegotiate their loan. Occupy Atlanta will not celebrate until papers are signed. Pressure on the bank escalated yesterday, January 14th, with a huge display of solidarity.
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- Grill master Bill serving plate to Carmen Pittman
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- romantic revolutionaries
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- barbecue at 404 Glen Iris
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- great showing for barbecue at 404 Glen Iris
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- privatizing gains, socializing losses
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- Bill, grill master
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- Copper occupying
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- Bill was not the only grill master
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- meat lovers were very happy
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- Valerie Pittman between singing activists
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- Kevin shaking Joe Beasley’s hand
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- ‘A’ + bicycle
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- Valerie Pittman consoling daughter Carmen after emotional speech
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- Copperman showing support to Carmen Pittman after emotional speech
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- Brigitte Walker who had her home saved by OA is now helping the Pittman family
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- Joe Beasley describing the place of the ‘Occupy’ movement in the world
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- American communards
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- Bailey reading “Money is Power, and Power has been taken away from us”.
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- American revolutionaries carrying a banner representing labor rights
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- anonymous
>Carmen Pittman’s Passionate Speech to Stand Up for Our Communities
7 comments on “Occupy Atlanta Enforces Anti Predatory Lending Policy”
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Did You Know That
Nexus of Change 
If your bank is attempting to foreclose on you, there is a good chance that this could be a wrongful foreclosure and that the bank may no longer possess the title to your home due to their blatant disregard for following proper securitization guidelines.
You can learn about many of these topics @http://www.stopforeclosurereports.com/
Who is really regulating the banks? CHASE bank is using illegal tactics in an attempt to move my home to foreclosure, by fabricating a fake letter to the Comptroller of Currency that it actually approved a loan modification and that I refused the offer-all lies. I am appealing CHASE’s pack of lies to the Comptroller of Currency. I encourage all persons who are dealing with banks regarding loan modification or related issues to keep scrupulous records of any communications with the banks-there is nothing like evidence that can expose the underhanded practices of these big corporations.
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Cobb County cannot even enforce its laws on Bank-Owned proerties due to the MERS private recording system fiasco. MERS is on so many titles and there was so much origibnation fraud that the whole system needs to be gone through and repaired. There is a cloud on almost every title out there in some states.
Grr. The greed of the banks has costed us our country. Our dgovernment ahs been taken over by the bankers – Goldman Sachs executives had ZERO criminal charges while Bernie Madoff was sent to prison for his schemes.
When are we gonna see some REAL justice?
Oh, and what did Martha Stewart go to jail for again? Ridiculous.
Even if we shout and protesting about this thing, if there’s no law that protects us from this loan sharks then nothing will happen.