Today is a statewide call-in day to make the banks pay. With your help, we will make hundreds of calls in support of AB935, the Foreclosure Mitigation Fee.
AB935 is our chance to get $12 billion back from the banks, which will be used for schools, public safety, vital services and redevelopment. If passed the bill with require the banks to pay a fee of $20,000 for each foreclosure. Until now, the Banks caused havoc in our communities and got off with nothing but tax breaks and upper management bonuses. With five days left before the first committee hearing the Wall Street lobbyists are working day and night to kill this bill!
Will you give five minutes right now to take on the Wall Street lobbyists?
Call Mike Eng at 888-342-6472 and then call John Perez at 888-342-6441. You’ll hear a brief recording and then you’ll be transferred to their office so you tell them to Make the Banks Pay!
Tell them: “Hi, my name is ________ and I live at ________. I am calling to leave an important message for (Assembly Member Eng or Speaker Perez). I am urging him to stand up to big banks and protect our communities by supporting Assembly Bill 935, the Foreclosure Mitigation Fee. This will bring in $12 billion in revenue to state which can be spent on things I care about like ______. Thank you for your time.”
After your call, click here and tell us what happened.
Remember, the five minutes you take to make these calls are the most important of the day! With only five days to go before the first committee hearing, every call is critical.
Fight Back!
Peggy Mears, ACCE and the Home Defenders League
Full text of bill below…
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4closureFraud.org
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Bill Text: CA Assembly Bill 935 – 2011-2012 Regular Session
I cant remember which one of you said Mr West was a nasty man! (duh) Now im sure who he is! And with that evil greedy Man and his army Even if you are cautious theyre always trying to do their enemies harm!! You can only put your hope in Gods Justice!
I do believe if they had a higher fee, it would actually make an impact, after all, at least 35 percent will be admin fees and that will increase over time. It should also be higher so they will apt to modify and spare the community the burden in the first place yet still contribute to the fall of the housing economy. If foreclosure homes where completely off the market, how would the true cost of the purchase of a home reflect. I feel sorry for those that had planned for 20 years to do something based on a consistent payment, but yet, they can’t get what they put into their home with competing banks with $100 credit bids and a week of handymen fixes to hundreds of thousands in profit, their cost must be more than they have to gain while raping the homeowner. Problem is they lent out on our asset and when that domino at the end fell, you must fall to, that is their game
I called and left a message to the first number. The second one didn’t give me a chance to leave a message and hung up (Perez)
The banks are not losing any money on these foreclosures. My attorney said that “most people just roll over and give in instead of fighting”. Every inch we give on our constitutional rights chips away at the American dream. Our constitution is a masterpiece created by people who wanted to be free.
Is the great experiment over or are we going to fight to keep “The city on a hill” alive despite the greedy banks that Jefferson warned us about? This is another Watergate. Where are the reporters who exposed that?
Anybody have any guts?
The attorney in R.I. who stopped the eviction the other day does. I talked with him personally and congratulated him. Google him. Check the name on this site.
And what happened to professional women? I see their varying signatures on these documents. Do women have to become as evil as a man can be to keep up with the guys?
You don’t have to be a perfect human being (who is?) to see the tsunami of this evil rolling over our country.
Sounds Good… but good luck with that. There fraud is a disgrace and if everyone would just stand their ground it could all be overcome. BUT… everyone seems to be asleep at the wheel. Without understanding… the majority 99% of the people simply HAVE NO CLUE! That is really sad. If they only really knew the fraud upon them. With the information highway of the internet that everyone has access to, they should be doing their homework. The carrot held over the borrowers head is the credit report/score. BFD! That don’t mean jack and its really not going to mean anything as time progresses, afterall, the US is losing their credit rating. It is all beginning. I wish you well in your retrieval of bank funds. Hopefully you can give a solid element to a judge so that she or he can rule on it without feeling so much liability….. And make sure the statutes are followed. Even then, you will need a lot of luck. God Bless the good people of America… not the banks and their greedy CEOs and counterparts, lobbyists, etc…
just remember” Responsible Homeowner” It took liar banks to make liar loans. I really hope your trying to sell your house in these time…..HA HA
A few months back I remember a story about a couple of B of A call center employees out of Iowa being “busted” for astroturfing. They had sock puppet handles like “fed up” (not be confused with fedup usa) and “sick and tired”. I think it was Karl Denninger who busted them.
Ocwen destroyed my friends’ lives in california. strung them along with a mod and then denied it.
they were tossed out. it was a year of torture.
the greedy robbing bankers have to pay for what they have done.
I called ,and the gal whom answered was nice and courteous,MY HOME is scheduled for auction on 5/09/11 im hoping i once again can get a stay or postponement,This servicer OCWEN has fucked me ,and im stuck like chuck on what to do ,i have equity in my home but cant touch it now,this whole ordeal is a fucken nitemare.
Are you aware that the FTC opened an investigation against Ocwen on 3/4/11? I don’t know if that helps anything, but could you file a complaint with the FTC against them?
Like this is going to do any thing. They will just use more of our tax payer money to pay it. It should b 50k. That’s a start. What a sick greedy world we live in. Debi
12 billion back (?) from the banks?
I’d settle for 6 billion back from the people that borrowed the money from the banks.
Astoturfer? Good luck on spinning the “deadbeat borrower” meme here.
To Responsible homeowner, I think you have everything backwards
WELL WITH MY LIMITED KNOWLEDGE AND ACCESS. I AM PROLLY IN THE SAME BOAT AS RESPONSIBLE,,,AND HAVE EVERYTHING BACKWARDS! But in the scheme of things ive learned a valuable lesson, from a song by its name,,one day at a time..lalala
Really wise ass? These thieving bastards got billions from tax-payers in the massive TARP bailout. Then they stole more in secret backdoor bailouts. The FEDERAL RESERVE BANK HAS BEEN FEEDING THE BANKSTER/ WALL STREET CRIMININAL ENTERPRISE with cheap money for years. The banks are who OVEREXTENDED THEIR CREDIT CARDS and they still are TO THIS DAY, THEY ARE CREATING DEBT FOR THE AMRICAN PEOPLE.. They used the AMERICAN PEOPLE AS PAWNS IN THEIR MORTAGE FRAUD SCHEME AND THEY MADE HUNDREDS OF TRILLIONS OFF OF THE BACKS OF THE AMERICAN PEOPLE. THE MULTINATIONAL FOREIGN OWNED GSE’s FANNIE AND FREDDIE SET THE AMERICAN PEOPLE UP TO FAIL AND IT WAS INTENTIONAL.THIS IS NOT ABOUT LIARS LOANS BEING — USED TO GET THE FINANCING DONE. , THE ENTIRE LOAN WAS A COLD, CALCULATED GIANT LIE, A SCHEME AND A SCAM, THE MORTGAGE LOANS NEVER EXISTED, ALL THEY NEEDED WAS COLLATERAL FOR THE PONZI SCHEME SWINDLE. THE PROOF IS IN THE ORIGINATION FRAUD AND WHERE ARE THE ORIGINAL NOTES? . THEIR EVIL INTENTIONS WERE THAT THE AMERICAN PEOPLE WOULD NEVER OWN THESE HOMES. THESE CRIMINALS ARE DIABOLICAL.THESE FAKE LOANS WERE STRUCTURED TO NEVER BE PAID OFF BY HOMEOWNERS. THE MBS’s WERE ALSO A GIANT SCAM, THEY SOLD ALOT OF HOT AIR TO ALOT OF PEOPLE, NOTHING MORE. THEN THE CRIMINALS GOT UBER RICH OFF OF THAT SWINDLE.
U GO BOY!
THEY PUT EVERY AMERICAN WHO BOUGHT A HOME ON THE MORTGAGE FRAUD TITANIC. NO ONE IS SAFE. EVERYONE IS ONE JOB LOSS AWAY FROM ALL OF THE REST OF US. THIS IS STRATEGIC NAZI CLASS WARFARE. THESE DIABOLICAL FOREIGN MULTINATIONALS A/K/A THE U.N/NEW WORLD ORDER, WANT THE AMERICAN PEOPLE TO OWN NOTHING BUT DEBT. YOU SOUND LIKE THAT MEDIA LYING MANIPULATER FROM FAUX NEWS, WALL STREET/BANKSTER OWNED AND CONTROLLED DECIEVER OF THE AMERICAN PEOPLE, GLENN BECK.
THE AMERICAN PEOPLE WILL SETTLE FOR HALF OF THE 100 TRILLION THESE WALL STREET/BANKSTER CROOKS AND THE FOREIGN OWNED MULTINATIONAL GSE’s FANNIE/FREDDIE, MADE OFF OF THE MORTGAGE FRAUD SCAM WHICH LED TO THE MORTGAGE DERIVATIVES SCAM AND THE MBS SCAM AND THE ENGINEERED FINANCIAL COLLAPSE SWINDLE. THE JIG IS UP, THE AMERICAN PEOPLE WERE ROBBED. THE AMERICAN PEOPLE HAVE CANCELLED _THEIR_ CREDIT CARD. WE THE PEOPLE WILL NOT PAY FOR ANYMORE OF THEIR SWINDLES. RESCIND OUR FAKE MORTGAGE CONTRACTS, THEY NEVER EXISTED. THE PROOF IS IN THE ORIGINATION FRAUD AND THE MISSING ORIGINAL NOTES. THESE DIABOLICAL, MANIACAL CROOKS, MADE HUNDREDS OF TRILLIONS OFF OF ALOT OF SPECULATING AND THAT IS ALL THEY DID. THESE FOREIGN OWNED AND OPERATED INSTITUTIONS POSED AS AMERICAN INSTITUTIONS AND ROBBED AMERICA BLIND, THEY ARE NOT, AND NEVER WERE AMERICAN OWNED INSTITUTIONS. THE U.S. GOVERNMENT MUST STOP LETTING THE FOREIGNERS TRY TO OVERTHROW AMERICA. THAT IS TREASON. THAT IS UNCONSTITUTIONAL UNDER THE U.S. CONSTITUTION AND THE U.S. BILL OF RIGHTS. THE AMERICAN PEOPLE HAVE HAD ENOUGH OF ALL OF THE LIES. WE WANT OUR MONEY BACK. THIS FOREIGN MULTINATIONAL CRIMINAL ENTERPRISE — USED HIGHLY PERNICOUS AND DECEPTIVE PRACTICES TO SET AMERICA UP TO FAIL AND ROB AMERICA BLIND. RESCIND OUR FAKE MORTGAGE CONTRACTS. PAY BACK THE MONEY THAT YOU ALREADY STOLE FROM THE AMERICAN PEOPLE., STOP THE FRAUDCLOSURES.
I see the motive behind this to make the banksters pay (although I doubt if it will get passed with so many politicians deep into the banks pockets) but the revenue collected really does not help the homeowners who are and still and have been defrauded. Still no prosecutions of the criminal acts that have been commited by these banksters so who really wins? This has no better relief for them than the proposed letter that Lynn wrote to Sheila Bair.
This will work better if they will give the 20K to the homeowner for damages sending them to the street
Bankers and Servicers are already working 24-7 to kill this bill, but hey ! its worth the try only the people united will accomplish something
OK
Thanks for posting this! : ) I called both numbers and the folks who answered were quite courteous and promised to tell the reps. I have my fingers crossed, but I know these powerful bankster lobbyists will stop at nothing to protect the banksters.