rep Marcy Kapture: SQUAT your own homes! 02/02/09
Posted on July 25, 2009
Filed Under Foreclosed home |
Rep: Foreclosed owners should squat in their own homes
David Edwards and Stephen C. Webster
Published: Friday January 30, 2009
If you’re poor and the bank is coming for your home, Congresswoman Marcy Kaptur has a plan for you.
Just squat, she says.
Yes, this Ohio Democrat is actually encouraging her financially distressed constituents whose homes have been foreclosed upon, to simply stay put.
In a Friday report, CNN’s Drew Griffin explored the case of Ohioan Andrea Geiss, whose home was foreclosed upon in April.
“Behind in payments, out of work, a husband sick, she had nowhere to go,” said Griffin. “So, she decided to follow the advice of her Congresswoman and go nowhere.”
In Lucas County, Ohio, over 4,000 properties were foreclosed upon in 2008, reports CNN.
“So I say to the American people, you be squatters in your own homes,” said Congresswoman Kaptur before the House of Representatives. “Don’t you leave.”
She’s called on all of her foreclosed-upon constituents to stay in their homes and refuse to leave without “an attorney and a fight,” said CNN.
“If they’ve had no legal representation of a high quality, I tell them stay in their homes,” Kaptur told Griffin.
Kaptur is a high-profile advocate of an increasingly popular mode of fighting foreclosures best known for it’s key phrase: “Produce the note.”
By telling a bank to “produce the note,” a homeowner can delay foreclosure by forcing the lender to prove the suing institution is actually the same which owns the debt.
“During the lending boom, most mortgages were flipped and sold to another lender or servicer or sliced up and sold to investors as securitized packages on Wall Street,” explains the Consumer Warning Network. “In the rush to turn these over as fast as possible to make the most money, many of the new lenders did not get the proper paperwork to show they own the note and mortgage. This is the key to the produce the note strategy.”
And Friday’s segment on this growing foreclosure fighting “movement” was not the network’s first. Earlier in January, CNN explored one person’s strategy in demanding her bank “produce the note,” only to find that the lender had “lost or destroyed” the evidence of debt ownership. Such a revelation can significantly strengthen a homeowner’s position when asking to renegotiate a mortgage.
That these banks, many of which received billions of dollars in government bailout funds, continue to boot defaulted owners from their homes, makes them “vultures” says Kaptur.
“They prey on our property ets,” she said. “I guess the reason I’m so adamant on this is because I know property law and its power to protect the individual homeowner. And I believe that 99.9 percent of our people have not had good legal representation in this.”
This video is from CNN’s American Morning, broadcast Jan. 30, 2009.
found at:
http://rawstory.com/news/2008/Rep_Foreclosed_owners_should_squat_in_0130.html
Duration : 0:3:56
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25 Responses to “rep Marcy Kapture: SQUAT your own homes! 02/02/09”
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at least, the home …
at least, the home owners do care about their own homes and they will keep them in good shape if they can. That’s another bonus!
Right on!!!
Gotta …
Right on!!!
Gotta love progressive Democrats from Ohio!!!
VOTE DEMOCRATIC!!!!
“Produce the Note!” …
“Produce the Note!” That’s genius!
Dude, thank you for …
Dude, thank you for posting this. I needed to see something like this. Good for her!!!
Well put, Kapture!
Well put, Kapture!
Kudos to Kaptur! …
Kudos to Kaptur! This woman shows more cajones than her male counterparts! Great idea, Marcy. We’ll spread the word…
“19 million empty …
“19 million empty homes”
We The People have our wealth stolen from us by our government our government gives that wealth to the MEGA RICH! soon We The People will have nothing to lose
Good to hear about …
Good to hear about a politician saying “screw you” to the system!
The Realignment of …
The Realignment of American Politics:
Anderson Baldwin Carter Choate Clemente Gonzalez Gravel Kaptur Kucinich McKinney Nader Paul Perot Sheehan Ventura
Millions and …
Millions and millions of Americans do NOT even owe ANY money on their original mortgages because the original holder of the loan SOLD the mortgage ILLEGALLY for a quick buck. As the investor sharks started this mortgage feeding frenzy, many mortgages were sold over and over again, each time making cash for the last holder. If your mortgage was sold ILLEGALLY it is up to the original mortgage lender to pay off that mortgage, NOT YOU!
I got it IN WRITING that my mortgage would NOT be sold.
The Rothschild …
The Rothschild empire was created by infiltrating every level of ALL Western governments. Through manipulation, bribery, slander, assination, and control of the mass media, cloaked as JEWS; Zionist contrived to pit nation against nation, race against race, financing all sides in the resultant wars; then at exorbitant interest rates financing reconstruction of the devastated countries. Rothschild’s modus operandi has kept Western Civilization in a continuous state of war and eternally in debt.
A Majority of US …
A Majority of US Politicians are NWO owned & are in violation of the LOGAN ACT. They are powerless unless the Bilderberg Group or CFR tell them what to do. They are all TRAITORS to We the People, Bill of Rights and US Constitution. Their legislation flawed as they lie to get elected and never do what they were elected to do. The Logan Act should be prosecuted against all US politicians who are members of any secret societies meeting behind closed doors. If convicted hang at the end of a rope.
good for her!! : ]
good for her!! : ]
GREAT upload, …
GREAT upload, EnslaveTheRich! Thank you.
And Kudos to Ms. Kaptur. Yeah…bailouts for the banks? So they can foreclose? Have the money AND the property? Make us all serfs to the manor? A new Dark Ages?
What a monstrous scam. Any elected representative who voted “yes” to that fraud “bailout” should be publicly whipped, then removed from office.
I wonder how many …
I wonder how many squatters it will take for the government to use it as an excuse to use U.S. troops to round up the masses into the fema camps?
After you figure …
After you figure out the outrageous closing costs and the more than likely 30+ year loan and that might include escrow (outrageous insurance and property taxes). Plus astronomical late fees once they were late on a single payment.
Sounds about right to me
Only IF “we the …
Only IF “we the people” allow it…come visit we care..!
Shall I limit …
Shall I limit Creation…Life…the Greatest Death of all is that of HOPE. Shall I say a few are worthy of No-Thing…while others are worthy of More? No…but we can agree to dis-agree…if you wish. You can agree to equality for ALL for it is meant for ALL..not just a few…!
i meant to say…
…
i meant to say…
i hope the congress woman is NOT setting up the people for failure…..
all cops are evil.. …
all cops are evil….the good ones have already left or died….
sorry, but the police state is here….
I hope the congress woman is setting the people up for failure because the troops (us or chinese) will come busting through the doors either way…..and not give two cents about the lady’s situation….
we live in a revived BABYLON….we are Sodom and Gomorrah and judgement is upon our nation…..
sad to think that many foolishly think “everything will be alright tomorrow”
Doesn’t add up.
…
Doesn’t add up.
She bought a 147k home with 40k down so she owes 107k, 1500 a month would be almost 15% interest, or 10% plus 500 debt repayment. There is something wrong with their numbers.
Yeah, but that …
Yeah, but that special brand of cop that does ‘raids and such’ loves the thrill, and will do it without question for Any reason if Ordered to…
Privatized prisons, et forfeiture, tickets supplying revenue…. this is Big Business!
Not all cops are …
Not all cops are evil…some still work for the people and hold up the law. There are givers and takers every where as there are fearful and hopeful. And not all states are holding up this sell out of the people it has even been on normal news as of late. They now know that theft is a fact.
This is what I hear …
This is what I hear…they have to prove who now owns the home…if I am correct…and that is hard to do after being sold over and over. I would ask a lawyer if it was me…to be very sure. They even could only own it on paper themselves in other words they don’t own it as of yet. But this is only second hand knowledge not fact. As I said I would ask someone in the know.
This is terrible!!!
This is terrible!!!