Protest Over Bed-Stuy Foreclosure
On Friday a protest will be held over the eviction that Mary Ward, a longtime Bedford Stuyvesant resident, is facing. A Daily News article about Ward, who is 82 and has lived in her home for 44 years, says she was the victim of a predatory subprime lender, Delta Funding, that went bankrupt a few…
On Friday a protest will be held over the eviction that Mary Ward, a longtime Bedford Stuyvesant resident, is facing. A Daily News article about Ward, who is 82 and has lived in her home for 44 years, says she was the victim of a predatory subprime lender, Delta Funding, that went bankrupt a few years ago. Ward claims Delta said it would cancel the loan in 2001 but instead the mortgage changed hands several times and grew from $82,000 to $200,000. The group behind the protest, Organizing for Occupation, is exhorting residents to stand in solidarity with Ward and to decry “predatory lenders…destroying Bed-Stuy, intentionally stripping communities of color of their equity, wealth, and homes.” The protest will take place at 9 a.m. on Friday at 320 Tompkins Avenue.
Organizing for Occupation
it is always so sad to hear of an older person losing their house. For many, that is like a death sentence. She should continue to stay put. I cannot imagine any judge evicting her given the circumstances.
it is always so sad to hear of an older person losing their house. For many, that is like a death sentence. She should continue to stay put. I cannot imagine any judge evicting her given the circumstances.
On the one hand, as I approach this I think:
this sounds exactly the kinds of things that we hear about being the worst of the worst. sleazy greasy palmed telephone salesman dining on our little old grandmothers for lunch. old people get swindled all the time, but to lose your lifelong home is not the way to end your years.
On second thought, as you click into the flyer:
“No foreclosures in bed stuy”
“Evict the scheming bankers and speculators from our community”
hmmmmm…. i thought we were talking about the little old lady…