Friday, Nov 13th, 4:30. Press Confrerence and Rally. Parks Family Facing Foreclosure

[annm4peace]

Press Conference and Rally: Parks Family Facing Foreclosure



Friday, November 13, 4:30 p.m. 3749 Park Avenue South, Minneapolis.

Join others in the battle against foreclosures and evictions. Leslie Parks, who is facing foreclosure, had made it clear that she will not be put on the streets. The effort to keep the home in the Parks family will be kicked off with a press conference and rally at their home.

The Parks case is a prime example of how this foreclosure crisis is tearing apart the fabric of our communities. “IndyMac Federal Bank needs to come to the table and give my family justice. I have no intention of walking away from the place I call home.”—Leslie Parks Sponsored by: Poor Peoples Economic Human Rights Campaign (PPEHRC) and the Minnesota Coalition for a People’s Bailout (MCPB). WAMM is a member of MCPB.FFI: Call 612-296-5649, 612-715-3280, 651497-4644, or 267-439-8419.

“IndyMac Federal Bank needs to come to the table and give my family justice. I have no intention of walking away from the place I call home,” states Leslie Parks.

Among the speakers at the rally and press conference will be Rosemary Williams, along with leaders of the Poor Peoples Economic Human Rights Campaign and the Minnesota Coalition for a People’s Bailout.

The Parks case is a prime example of how this foreclosure crisis is tearing apart the fabric of our communities. Tecora Parks, Leslie’s mother, owns the duplex where Leslie lives. After city-ordered window-upgrades, Tecora Parks was swindled into getting an ARM. The man who sold her the ARM lied and insisted it was a conventional loan. It is important to note that Tecora Parks had perfect credit and qualified for a conventional loan hands down. But she was lied to, got swindled into an ARM, lost her good credit and went into foreclosure.

“We are demanding that IndyMac Federal Bank come to the table and reach a just settlement with the Parks family, that keeps them in their home,” said Lynnette Malles of the Poor Peoples Economic Human Rights Campaign.

“The redemption period ends Nov. 30. Similar to Rosemary Williams, Leslie Parks is determined to fight back against the greedy, swindling banks. The directors of IndyMac are not facing homelessness, but their greed caused the homelessness of thousands,” said Linden Gawboy of the Minnesota Coalition for a People’s Bailout.


IndyMac is asking for $63,000 to buy this beautiful house.

Don't want your money in the Stock market? How about purchasing this house and selling it back to Leslie and her mother at 5% over a 15 year period. that is better than a lot of CDs. Leslie works and if this loan stayed at a fixed rate this home never would have went into foreclosure, like the 100s of homes in South MInneapolis.

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http://www.tcdailyplanet.net/article/2009/05/26/taking-it-court-minneapolis-fight-against-foreclosure-and-eviction.html?mini=eventcalendar/2009/06/all

Video of Women fighting foreclosure
http://www.youtube.com/watch?v=zQeNyVjHuvQ