2. Stop Bank of America & Fannie Mae From Evicting the Henrys!
Tuesday, January 3
10:00 am: Rally and Press Conference at the home of Robert and Debbie
Henry, 13694 Helen St. in Southgate [[directions below).
11:00 am: Picket Bank of America’s nearby Southgate branch, 13763
Northline, just east of Dix Highway [[aka Toledo Hwy), Southgate, MI
The Henrys fell behind on their Countrywide/Bank of America mortgage
after Debbie had a stroke in 2008 and could no longer work full time.
The housing market collapsed that same year and the value of their
house fell by two-thirds. In the aftermath of the crash, Bank of
America and Fannie Mae were bailed out with billions of taxpayer
dollars.
Little of this, however, trickles down to the Henrys and the
thousands of Detroit area families who need mortgage modifications to
stay in their homes. Bank of America [[BOA) rescinded an initial
modification that the Henry’s paid for 10 months. Because BOA can
collect the full mortgage value guaranteed by Fannie Mae, the bank has
little interest in straightening out the paperwork snafus and
mismanagement that confronts anyone seeking a mortgage modification.
Now Fannie Mae [[which bought the Henrys’ mortgage at full value) and
BOA [[which still services the mortgage for Fannie Mae) want to evict
the Henrys.
Sponsored by: Occupy Our Homes - Moratorium Now! - People Before
Banks
For more info: 313-224-4535
Directions:
To the Henrys: Exit I-75 at Northline Road [[#37), east to Dix
Highway, turn south and go 4 streets, left on Helen
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