An Open Letter to Congress
8/4/11
We are writing on behalf of our organizations to express our concern about press reports that lobbyists and wealthy corporate interests are preparing to spend significant amounts of money to influence the work of the 12 members of United States Congress soon to be appointed to the Joint Select Committee on Deficit Reduction.
Policy Updates: July 25-29
7/25/11
The Numbers:
The Misery Index = 12.8%, which is a relatively unscientific look at how American’s are faring is at its highest level in 28 years.Deportations for 2010 = 393,000 reported at the end of the fiscal year (Sept 2010) are at their highest level ever, with the Obama Administration deporting nearly 400,000 human beings.
Policy Updates: July 25-29
7/25/11
The Numbers:
The Misery Index = 12.8%, which is a relatively unscientific look at how American’s are faring is at its highest level in 28 years.Deportations for 2010 = 393,000 reported at the end of the fiscal year (Sept 2010) are at their highest level ever, with the Obama Administration deporting nearly 400,000 human beings.
Where's the relief for homeowners?? Our response to BofA's $8.5 billion settlement with investors
6/30/11
Reports are coming in that Bank of America has reached an $8.5 billion settlement with a group of investors who had purchased what they thought were AAA grade investments, but were actually near worthless mortgage-backed securities. Where's the relief for homeowners?? Our response to BofA's $8.5 billion settlement with investors
6/30/11
Reports are coming in that Bank of America has reached an $8.5 billion settlement with a group of investors who had purchased what they thought were AAA grade investments, but were actually near worthless mortgage-backed securities. Help for Unemployed Homeowners Is On Its Way!
6/23/11
This week, homeowners in 33 states will be able to begin applying for a new $1 billion federal loan program to help those who are in danger of losing their homes due to involuntary unemployment or underemployment.
PICO National Network helped lead the fight to win this new program – the Emergency Homeowner Loan Program – and has been working hard to get it up and running as quickly as possible. Now, we want to make sure that as many borrowers as possible receive assistance.
Help for Unemployed Homeowners Is On Its Way!
6/23/11
This week, homeowners in 33 states will be able to begin applying for a new $1 billion federal loan program to help those who are in danger of losing their homes due to involuntary unemployment or underemployment.
PICO National Network helped lead the fight to win this new program – the Emergency Homeowner Loan Program – and has been working hard to get it up and running as quickly as possible. Now, we want to make sure that as many borrowers as possible receive assistance.
Illinois Taxpayers Demand that Wall Street Pays Their Fair Share
5/12/11
Originally written for the Huffington Post >>
Unwilling to be baited into a false debate about budgets that put all the responsibility on hard-working families, more than 500 Illinoisans joined together to launch Make Wall Street Pay Illinois on Thursday.
Illinois Taxpayers Demand that Wall Street Pays Their Fair Share
5/12/11
Originally written for the Huffington Post >>
Unwilling to be baited into a false debate about budgets that put all the responsibility on hard-working families, more than 500 Illinoisans joined together to launch Make Wall Street Pay Illinois on Thursday.
Banking Policy Review - April 2011
5/1/11
Foreclosures
- The OCC, the Fed and the OTS went public with their sweetheart deal for the banks masquerading as a set of consent agreements. The agreements make mostly cosmetic changes, with no real enforcement, no systemic changes and no financial penalties – though they say these are coming.
- The FDIC and the Fed to a lesser extent have clearer and publicly stated that this is just the beginning and that it explicitly does NOT pre-empt any ongoing investigations with the AG’s.
