Fighting for Belva Davis in Detroit

In this video, Detroit residents rally to save their neighbor from foreclosure.

“The crime wave that is going on in this neighborhood is a crime wave by the banks that are evicting people unfairly instead of modifying their mortgages and doing everything they can to make sure they stay in their homes,” one neighbor says.

I wanted to note that the particular bank involved is Wells Fargo, one of the leading villains of the foreclosure crisis. In Cleveland this $25-million bailout recipient refuses to appear in court for code violations on its bank-owned properties, dragging down property values for responsible homeowners across the city.

Recently a former employee of this bank testified that its employees purposely steered black homeowners toward subprime mortgages although many times they qualified for prime loans.

Thanks to Nick Helmholdt of for bringing this to my attention.

Leave a comment

Filed under The Housing Crisis

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s