HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Topics » Activism » Occupy Underground (Group) » Last rites in foreclosure...
Introducing Discussionist: A new forum by the creators of DU

Thu Mar 14, 2013, 12:58 PM

 

Last rites in foreclosure fight? Minnesota Senate Dems block hearing on Homeowners' Bill of Rights

via Carlos, Occupy Fights Foreclosures

http://www.tcdailyplanet.net/news/2013/03/11/last-rites-foreclosure-fight-minnesota-senate-dems-block-hearing-homeowners-bill-rig

This is not the way Minnesota housing rights activists thought it would turn out when Democrats regained control of the the State Legislature: Hopes for passing a Homeowners’ Bill of Rights to protect Minnesotans from needlessly losing their homes to foreclosure all but died Friday.

A Homeowners’ Bill of Rights — similar to one that was adopted by California last year — would require automatic mediation between banks and homeowners facing foreclosure and prohibit the practice of “dual-tracking,” in which banks negotiate with homeowners while simultaneously moving them towards foreclosure, often without their knowledge. Activists have been hoping that the Legislature will adopt such protections to help end the foreclosure crisis but got a cold dose of political reality: Without banking industry approval, some Democrats in the Senate appear unwilling to support a Homeowners’ Bill of Rights.

In a polite but tense, closed-door meeting between activists and staffers for the Democratic chair of the Senate Commerce Committee, Sen. James Metzen of South St. Paul, supporters of the proposal were told that it will not be given a hearing this session. This news contradicted an understanding that representatives of the group Isaiah/Faith in Democracy thought they had reached with Metzen at a meeting last month. Metzen, a banker in private life, did not attend Friday’s scheduled meeting in his office, with staffers telling Isaiah that the DFLer had chosen to attend a different meeting.

The ministers and volunteers from Isaiah, a coalition of more than 100 congregations plus clergy members and people of faith, were openly disappointed at Metzen’s absence and at the news that the housing reforms they have been pushing for will not be given a hearing. As a small circle of clergy prayed outside Metzen’s office in a Capitol corridor, the discussion between Metzen’s staff and a dozen volunteers from Isaiah turned difficult.

(More text and a short video at the link.)

3 replies, 408 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 3 replies Author Time Post
Reply Last rites in foreclosure fight? Minnesota Senate Dems block hearing on Homeowners' Bill of Rights (Original post)
Fire Walk With Me Mar 2013 OP
Angry Dragon Mar 2013 #1
Fire Walk With Me Mar 2013 #2
antiquie Mar 2013 #3

Response to Fire Walk With Me (Original post)

Thu Mar 14, 2013, 01:03 PM

1. Would you like to x-post this in the Minnesota group?? ........... Thanks

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Angry Dragon (Reply #1)

Thu Mar 14, 2013, 01:23 PM

2. Done! Keep kicking ass in Minn!

 

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Fire Walk With Me (Original post)

Thu Mar 14, 2013, 04:35 PM

3. Bankers at the bottom of everything.

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread