[Marxism] Demonstrate to Stop the Eviction of Rubie Curl-Pinkins!

["Charles Brown" <charlesb@xxxxxxxxxxxxxxxxxxxxx>]

Why is Countrywide and their law firm Trott & Trott evicting a 72-year-old 
disabled woman from her home of 45 years, rather than accepting full payment 
for the house?

Demonstrate to Stop the 
Eviction of Rubie Curl-Pinkins!
Tuesday, July 22, 12 Noon at Bank of America
Guardian Building, Congress & Griswold, Detroit
(Bank of America has bought out Countrywide!)

In one of the latest horror stories in the foreclosure epidemic that is 
devastating the city of Detroit, Countrywide and their law firm Trott & Trott 
have decided to evict Rubie Curl-Pinkins from her home of 45 years, rather than 
accept full payment for the home through a reverse mortgage.

Rubie Curl-Pinkins is a 72-year-old woman suffering from numerous physical 
disabilities.  Her doctor has stated that being evicted from her home could 
have a devastating effect on her health.  Her daughter, who also lives in the 
home on Holden Street, is also disabled, suffering from congestive heart 
failure and on oxygen to help her breathe.

Like many people in Detroit, when confronted with numerous debts, Ms. 
Curl-Pinkins was lured into a predatory loan in exchange for a mortgage on her 
paid-off home.  The interest rate exceeds 10%.  When her medical bills mounted, 
she fell behind on her mortgage payments and her home went into foreclosure.

Before the redemption period ended, however, she succeeded in arranging a 
reverse mortgage that would pay off the debt.  But Countrywide delayed in 
providing a pay-off letter so she could finish the loan, pay off the redemption 
amount, and keep her home.  Once the redemption period ended, rather than work 
with Ms. Curl-Pinkins, Countrywide and its attorneys Trott & Trott have refused 
to accept payment for the home and insisted on evicting Ms. Curl-Pinkins.  
Under pressure, she signed a consent judgment and is scheduled to be evicted on 
July 25, 2008.

Countrywide and Trott & Trottâs actions epitomize the ruthlessness and 
illogic of the finance industry, which would rather assert its power to throw 
people in the streets than accept payment for the homes.  The banks and finance 
companies are destroying our communities, throwing people into the streets, 
creating thousands of abandoned and vandalized homes, and reducing property 
values for everyone.  (It should be noted that Countrywide has recently been 
bought by Bank of America.  So much for their signs about âserving 
Detroitâ!)

Just this week, the federal government bailed out the banks and finance 
industry by guaranteeing $300 billion in taxpayer money to back up their bad 
loans.  What about bailing out the people, the real victims of the foreclosure 
crisis?  

We need a Moratorium on Foreclosures to stop this epidemic and keep people in 
their homes!  Join the growing movement to support SB 1306, a bill introduced 
by State Senator Hansen Clarke which would halt foreclosures in Michigan for 
two years to allow the people to survive this crisis.

Stop the Eviction of Rubie Curl-Pinkins!  Fight for the passage of SB 1306 to 
Stop Foreclosures in Michigan!  Join the demonstration this Friday.  

        Moratorium NOW! Coalitionto Stop Foreclosures and Evictions

23 E. Adams, 4th Floor, Detroit, MI 48226    www.moratorium-mi.org    (313) 
319-0870







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