19
November , 2018
Monday

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A homeowner and tenants with the Chicago Anti-Eviction Campaign joined families facing foreclosure from 15 cities across the country in a face to face meeting with FHFA Director Mel Watt, yesterday.

Shirley Henderson, a homeowner, and Toussaint Losier, a tenant, will make the case for principal reduction for underwater homeowners as part of a comprehensive set of solutions to keep families in their homes. They will highlight the human consequences of a lingering housing crisis that continues to hold back struggling neighborhoods in Chicago and across the country.

Residents spoke to press following the meeting.

The meeting was held at the Federal Housing Finance Agency, 400 7th Street SW, Washington DC

Chicago Anti-Eviction Campaign’s Henderson and Losier join impacted homeowners and tenants in need of principal reduction who are members of Right to the City Alliance and Center for Popular Democracy.

It marks the first time a grassroots coalition of directly impacted homeowners and tenants will meet with FHFA Director Mel Watt face-to-face. After four years of public pressure on the FHFA, at the end of 2014, Director Mel Watt announced that he would allow homeowners to buy back their homes at fair market value and fund the National Housing Trust Fund. Residents will thank him for making these changes and ask him to enact principal reduction to prevent hundreds of thousands of foreclosures. Many of the residents in attendance are underwater on their mortgages and need principal reduction to prevent their foreclosure or alternative relief to avoid eviction.

For more information, contact:  Toussaint Losier, toussaint@chicagoantieviction.org, 773-236-0559

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Welcome to CopyLine Magazine! The first issue of CopyLine Magazine was published in November, 1990, by Editor & Publisher Juanita Bratcher. CopyLine’s main focus is on the political arena – to inform our readers and analyze many of the pressing issues of the day - controversial or otherwise. Our objectives are clear – to keep you abreast of political happenings and maneuvering in the political arena, by reporting and providing provocative commentaries on various issues. For more about CopyLine Magazine, CopyLine Blog, and CopyLine Television/Video, please visit juanitabratcher.com, copylinemagazine.com, and oneononetelevision.com. Bratcher has been a News/Reporter, Author, Publisher, and Journalist for 33 years. She is the author of six books, including “Harold: The Making of a Big City Mayor” (Harold Washington), Chicago’s first African-American mayor; and “Beyond the Boardroom: Empowering a New Generation of Leaders,” about John Herman Stroger, Jr., the first African-American elected President of the Cook County Board. Bratcher is also a Poet/Songwriter, with 17 records – produced by HillTop Records of Hollywood, California. Juanita Bratcher Publisher

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