Activists accuse HUD over foreclosures
By
Kris Hamel
Detroit
Published Mar 30, 2008 11:54 PM
Organizers with the Michigan campaign for a moratorium on foreclosures,
evictions and utility shut-offs demonstrated on March 20 at the McNamara
Federal Building in downtown Detroit. The campaign, a struggle project of the
Michigan Emergency Committee Against War and Injustice (MECAWI), has been
pressuring Gov. Jennifer Granholm to declare a state of economic emergency and
impose a moratorium on home foreclosures. Michigan ranks among the worst states
for the numbers of workers losing their homes due to racist, sexist subprime
mortgages.
But this time, activists had another target—the Department of Housing and
Urban Development. According to MECAWI literature: “The U.S. government
through HUD is bailing out the banks and lending institutions by paying off
loans on foreclosed homes, and then forcing the occupants onto the street.
Everyone knows that these homes will immediately be vandalized and stripped.
Why is the government making people homeless and destroying neighborhoods?
“HUD’s own rules call for a mandatory moratorium on foreclosures
when the federal government declares a state of disaster. Michigan is in a
state of economic disaster. We are in a state of emergency. Whole neighborhoods
are being destroyed as homes are abandoned after foreclosure by the banks.
Detroit’s neighborhoods look just like the Ninth Ward in New Orleans
after Hurricane Katrina hit. HUD imposed a moratorium on foreclosures in
response to that disaster. We demand the federal government impose a moratorium
on foreclosures and evictions on all HUD properties in our state.”
MECAWI leader Jerry Goldberg told Workers World: “In Detroit alone over
10,000 foreclosures are the results of defaults on FHA [Federal Housing
Authority] loans. While the federal government doesn’t think twice about
bailing out the big investment banks like Bear Stearns, that have caused this
crisis for poor and working people, it also doesn’t hesitate to throw the
poorest families out onto the streets. This government complicity in the
subprime mortgage crisis is criminal. HUD is supposed to stand for housing and
urban development, not homelessness and urban destruction. We demand a national
moratorium on foreclosures and evictions to stop this crisis and give
desperately needed relief to the people.”
MECAWI has reserved a bus to go to Washington, D.C., for the April 16
demonstration outside the Mortgage Bankers Association conference, called by
the newly formed Ad Hoc National Network to Stop Foreclosures and Evictions.
Organizers will bring foreclosure victims and members of devastated communities
to Washington to put a human face on the widespread crisis caused by the
bankers.
For transportation information and to get involved in this struggle, contact
MECAWI at [email protected] or call
313-319-0870.
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