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Tag Archives: foreclosure crisis

Colorado Progressive Coalition plans ‘organized chaos’ against Wells Fargo

Calling themselves "giant killers" the Colorado Progressive Coalition (CPC) announced a campaign of "organized chaos" against Wells Fargo Thursday morning for what the group said were the bank's predatory practices and illegal foreclosures....

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October 7, 2011 Center Well, Politics
Warnings escalate on strategic defaulting yet loan modification programs drag

Warnings escalate on strategic defaulting yet loan modification programs drag

Shahien Nasiripour at the Huffington Post parses a J.P. Morgan filing with the Securities and Exchange Commission and notes that the bank, the second largest […]...

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May 12, 2010 Blog, Politics
Growing evidence suggests Wells Fargo targeted blacks for subprime loans

Growing evidence suggests Wells Fargo targeted blacks for subprime loans

Memphis city officials have filed a lawsuit charging mortgage-loan giant Wells Fargo with discrimination. The New York Times reports: The lawsuit, filed in federal court […]...

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December 31, 2009 Blog, Civil Rights, Politics
Deck the halls with loan papers: Foreclosure-crisis holiday jingles

Deck the halls with loan papers: Foreclosure-crisis holiday jingles

Just in time for your holiday listening pleasure, two songs are making their way around the blogosphere, marking another year of falling home prices and […]...

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December 22, 2009 Blog, Civil Rights, Politics
Wells Fargo exec who partied in foreclosed beach house loses job

Wells Fargo exec who partied in foreclosed beach house loses job

Well, at least one banking executive is personally feeling the pain of the foreclosure crisis: Wells Fargo has fired a top employee who moved into […]...

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September 15, 2009 Blog, Politics
Rethinking mortgage cramdown legislation as foreclosures roll on

Rethinking mortgage cramdown legislation as foreclosures roll on

As The Washington Independent reported yesterday, a small group of Senate Democrats is pushing to revive the mortgage loan cramdown idea — a sure sign […]...

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July 24, 2009 Blog, Politics
Foreclosure crisis worsening; 1.5 million notices in 2009

Foreclosure crisis worsening; 1.5 million notices in 2009

There’s more proof out today that the foreclosure crisis is only getting worse, despite everything that’s been thrown at it so far: Foreclosure notices reached […]...

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July 16, 2009 Blog, Politics
Foreclosure-reform barely blipping on Obama radar

Foreclosure-reform barely blipping on Obama radar

Multiplying failed mortgages and home foreclosures were at the heart of the global financial meltdown and remain a national socio-economic disaster. So-called “cramdown” legislation would […]...

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July 10, 2009 Blog, Politics
Renters also hit by foreclosure crisis

Renters also hit by foreclosure crisis

Although the plight of homeowners affected by the real estate meltdown has been well-documented, renters have mostly fallen under the radar. Recently passed national legislation includes some renter protections, but tenant advocacy groups charge that the new law only scratches...

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June 26, 2009 Center Well, Politics, Top Stories

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7/20 Women-only dance party!

Attention womenfolk: Come let off some steam and dance with The Colorado Independent! Wear red and join us for a night of drinks, music, dancing and […]

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Here are potential questions that could be on your November ballot in Colorado

We already know the six big questions that will be on your ballot to answer in the fall, from lowering the required age for state lawmakers to […]

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