The blending of nonprofit activism and hip-hop isn’t new, but until rapper Twice Thou (a.k.a. Antonio Ennis), we haven’t seen much specifically directed at the foreclosure crisis.
The recently launched Home Defenders League wants candidates to support “resetting millions of mortgages to fair market value in an effort to stabilize home values for all Americans.”
It’s going to be an unfortunately busy year for nonprofits working with people facing foreclosure, as banks up the foreclosure rate in the wake of their settlement with the government.
According to the CoStar Group, a real estate information service, in 2011, 270 churches were sold after defaulting on their loans; 131 were sold by banks themselves.
The recent $25 billion mortgage settlement won’t alleviate the strain on most homeowners and neighborhoods. Nonprofits need to gear up their organizing and advocacy now more than ever.
The recent Countrywide discriminatory lending settlement may provide a degree of relief to some victims, but nonprofit housing counseling can often stop the foreclosure train before it leaves the station. Why, then, has Congress been so intent on zeroing out funding for housing counseling?
A local agency in North Carolina has created a comical video to raise awareness around zombie foreclosures.
The blending of nonprofit activism and hip-hop isn’t new, but until rapper Twice Thou (a.k.a. Antonio Ennis), we haven’t seen much specifically directed at the foreclosure crisis.
A Boston-based nonprofit that helps keep people in their homes via an innovative repurchase program is now being considered in Western Massachusetts.
The recently launched Home Defenders League wants candidates to support “resetting millions of mortgages to fair market value in an effort to stabilize home values for all Americans.”
According to the CoStar Group, a real estate information service, in 2011, 270 churches were sold after defaulting on their loans; 131 were sold by banks themselves. 
The recent $25 billion mortgage settlement won’t alleviate the strain on most homeowners and neighborhoods. Nonprofits need to gear up their organizing and advocacy now more than ever. 
