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They signed to Obama’s foreclosure plan but bank won’t modify loans

compiled by the El Reportero staff

Across the country members of ACORN took on the “Home Wrecker 4” to get them to sign on to the Obama plan and begin modifying loans. As a result of the days actions, One West has agreed to sign on to the plan! Yet, many families are still not getting modifi cations, said an organization’s communiqué.

María and José Ramos Zavala have lived in their home in San Leandro for 5 years. They are victims of a predatory loan, serviced by Central Mortgage Company but owned by Downy Savings (which is now owned by U.S. Bank). While their banks are signed onto the Obama plan, after their loan payments jumped more than $1000 last September, there has been no hope for a modification.

“I called the bank before we missed our fi rst payment and asked for help,” said Ramos-Zavala, a member of ACORN and Home Defender. “They refused to help me and just asked me to show more income. If I had more income then I could make the higher payments! They would not work with me for a payment that I can afford to stay in our home.”

Since that time, José and Maria have been working with ACORN Housing for a loan modifi cation but US Bank is still refusing to modify the loan – despite having signed onto the Obama plan to modify loans. Today, their home is set to be auctioned off at public auction. Maria and Jose will be joined by other ACORN members and Home Defenders to visit our local US Bank Branch to demand action now to stop the sale, followed by attending the sale itself to prevent the home from being sold.

On July 1, Maria and José Ramos, members of ACORN and Home Defenders will get together and walk to the US Bank branch located on 20th St. beside Lake Merritt at 11: 30 a.m. Then, they will head to the Alameda County Courthouse, located at 14th St. and Fallon in Downtown Oakland where the auctions will be held on the back steps of the courthouse (on the side by the lake) (for the 12:30 sale).

Organizations ask the FCC to open a docket on hate speech in media

The National Hispanic Media Coalition (NHMC), one of the country’s foremost Latino media advocacy and civil rights organizations, announced today that thirty-three organizations have signed on to a letter urging the Federal Communications Commission (FCC) to grant NHMC’s Petition for Inquiry into hate speech in media. The Petition requests that the FCC initiate an inquiry into the extent, nature and effects of hate speech, and explore ways to counteract or reduce its negative impacts.

These signatory organizations represent a variety of diverse communities and include: the Asian American Justice Center (AAJC); Catholics in Alliance for the Common Good; the de sus países miembros tiene problemas afecta al resto.

Recordó que luego de la asonada golpista, Guatemala, El Salvador y Nicaragua bloquearon por 48 horas las fronteras con Honduras y con ello el comercio con los países vecinos, algo que según estimaciones ­habría costado a toda el área unos 61 millones de dólares.

El titular costarricense también expresó su preocupación porque la comunidad financiera internacional pueda tener una visión de inestabilidad general.

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