Occupy Homes MN

Recent Articles

McGee avoids foreclosure

 

After a year-long journey fighting her wrongful foreclosure, Rose McGee has won a settlement with CitiMortgage and Fannie Mae. “We are working on final details for a settlement resolution, and I will be staying in my home,” said McGee. Seventy community members gathered to support McGee in a prayer vigil circling the Hennepin County Government Center water fountain Tuesday afternoon before she went into settlement court, where she finally reached a deal with her mortgage holders. McGee, a community leader known for her storytelling and sweet potato pie business, fell into foreclosure after losing her job at a nonprofit. Immediately after, she contacted CitiMortgage to let them know. Continue Reading →

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South Mpls grandmother spared eviction by Occupy campaign

News Analysis

By Mel Reeves

Contributing Writer

 

After a public pressure campaign led by Occupy Homes MN ’s Foreclosure and Eviction Free Zone, Gayle Lindsey, a nursing assistant and grandmother in South Minneapolis who was facing imminent eviction, has won an 11th-hour loan modification on her mortgage from M&T Bank. Lindsey bought the home in 2001 and was given an adjustable-rate loan that rose by a few hundred dollars last year. “I was struggling, but I still paid, it,” she said. But, last year, hours on her second job were cut from 30 per week to only five, and she found that she was unable to afford her monthly payments.  

Early last year, she said, M&T Bank, based in Buffalo, New York, sent a letter threatening foreclosure. Continue Reading →

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