COMMUNITY WORKSHOP: Eminent Domain for Mortgage Principal Reduction
Newark Mayor Ras Baraka has committed to moving a municipal ordinance authorizing the City to use eminent domain powers to seize a targeted set of toxic mortgages peddled to more than 1,000 Newark homeowners in the lead up to the housing bubble. These mortgages would then be re-packaged at fair market value at terms homeowners can afford. This program will keep Newark families in their homes to prevent more vacant properties!
In preparation for the roll out of the program, NJ Communities United is mobilizing homeowners to attend a community workshop to educate the public why using eminent domain is a necessary tool in the fight against the foreclosure crisis, who could potentially qualify for the program and what homeowners can do to move the policy forward.
What: Community Workshop: Eminent Domain for Mortgage Principal Reduction
When: Saturday, December 6th from 10 am to 12 noon
Where: 1001 South Orange Ave, Newark, NJ
The workshop is open to the public but space is limited. Please RSVP to Mary Szacik at firstname.lastname@example.org.
Tell Christie and the State of New Jersey to Hold Wells Fargo and Other Big Banks Accountable for the Foreclosure Crisis and the Lack of Enforcement by the NJ Attorney General’s Office!
In the background of Chris Christie’s aspirations to run for President are thousands of New Jersey homeowners who’ve been tossed aside in favor of Wall Street and the Big Banks. In fact, the foreclosure crisis in New Jersey leads the nation – and the Christie administration has favored the desires of the banks over the needs of New Jersey residents. Several big banks have negotiated large settlements with the US Attorney General’s Office for their role in the housing bubble and subsequent economic collapse – but homeowners in New Jersey and around the country have not benefited from these agreements. SIGN THE PETITION AT http://bit.ly/ChristieBanks
Child Care Providers Ratify New Contract
“We worked incredibly hard to make this new contract a reality,” said Shanita Hargrove a child care provider in Newark, NJ. “We knocked on doors in counties across the state. We engaged the working parents we provide services for. We circulated a petition of support that generated more than 500 signatures. We packed buses filled with supporters to attend rallies in Trenton. We built a real movement. But this is just the beginning of what we can accomplish together moving forward.”
CWA Local 1037 partnered with NJ Communities United to work with child care providers to increase the grassroots organizing work needed to negotiate a strong second contract.
“This is a victory for child care providers and it’s a victory for working families who struggle to afford quality child care,” said Trina Scordo, executive director of NJ Communities United. “We engaged working class communities on this issue and built a movement of people dedicated to quality child care and early childhood education. The positive long-term impacts for providers and working families are beyond measure.”
Another Grandma Battles Another Greedy Bank
In 2010, Lavinia Curry & Paulette McQueen missed ONE mortgage payment. The very next month Paulette attempted to hand deliver the missed payment and the current month’s payment. Wells Fargo refused to accept ANY money and the foreclosure mill began. By 2013, their home was up for a Sheriff’s sale.
Just a few months ago Grandma Lavinia & Paulette were featured in news articles across the country as they stood alongside Irvington, NJ Mayor Wayne Smith to announce plans to seize underwater mortgages from banks and renegotiate fair terms for struggling homeowners so they could stay in their homes and in their community.
Wells Fargo saw the news and immediately reached out and agreed to stop the sheriff’s sale in order to negotiate a mortgage that would keep Grandma Lavinia & Paulette in their home. We need your help to keep these amazing grandmothers in their home and let Wells Fargo know that any deal they offer must be a fair market value mortgage with a low fixed interest rate!
Tell Cami Anderson, "Stop the One Newark Plan!"
Cami’s plans to close, privatize or otherwise re-purpose our public schools into profit-making ventures while trying to silence dissent is bullying at its worst. This is what a Christie-controlled school district does when the residents of Newark are denied a democratic voice in our own public school system.
Together we can take back control of our schools – click here and send Cami Anderson an email now!
Ultimately, this fight is about taking our democracy back and fighting for local control of our public schools. Under our own control, public schools will be protected from profit-making schemes, educators will speak their minds without fear of retribution and the community will ALWAYS have a democratic place at the table. But power concedes nothing without a fight – so let’s join together and fight!