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NEXT: MoveOn EAST BAY COUNCIL ORGANIZING
MEETING
*** WHEN: Saturday, MAY 5th, 10:30 AM until 12:30 PM
*** WHERE: ROCKRIDGE PUBLIC LIBRARY
5366 College Ave. at Manilla. Oakland, CA 9461---------------------------------------------------------------------------------------
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California's Attorney General, Karmala Harris, announced a new package of bills dubbed the Homeowners BIll of Rights, a powerful step toward ending the mortgage nightmare the Big Bank's have inflicted on California's homeowners.
Sign on and become a Co-Sponsor! <http://www.couragecampaign.org/page/s/homeowners-bill-of-rights>
This package of bills include numerous reforms, including an end to 'dual tracking,' in which banks pretend they are open to modifying someone's mortgage, while -- at the same time -- foreclosing on their home. It will also address the egregious violations recently uncovered showing that 84% of foreclosures in one California county were illegal. For more details see press release: <http://www.oag.ca.gov/news/press_release?id=2641>
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Dump DeMarco: Appoint A New Head Of The Federal Housing Financial Administration (FHFA):
DeMarco is a Bush appointee, and he acts like one. He's still in place because Republicans in Congress are stonewalling President Obama's choice for a replacement. And DeMarco is refusing to do the one thing that could get the economy back on track: allowing homeowners to reset their Fannie and Freddie mortgages to fair market value. <http://pol.moveon.org/demarco/>
