DON'T LET HEDGE FUNDS BUY OUR NEIGHBORHOODS!

Hedge funds and private equity firms have quietly amassed mortgage notes to 150,000 homes in communities around the USA — and they’re getting special treatment from the government to aid their conquests.  

Hedge funds and private equity firms are getting big discounts when they buy the rights to collect homeowners mortgage payments – discounts from Fannie Mae and Freddie Mac – the two government agencies that have refused to give similar discounts, in the form of principal reduction, to struggling homeowners.  These agencies need to be serving the American people, not Wall Street speculators!

Tell Fannie Mae and Freddie Mac to stop selling these troubled mortgages to speculators, and instead sell them to non-profits with a plan to offer loan modifications with principal reduction.

 

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  • Jorge j Tamargo
    posted about this on Facebook 2017-09-25 04:13:58 -0700
    Sign the petition: DON'T LET HEDGE FUNDS BUY OUR NEIGHBORHOODS!
  • Jorge j Tamargo
    signed via 2017-09-25 04:13:40 -0700
  • Neil Stecker
    posted about this on Facebook 2016-03-26 16:11:23 -0700
    Sign the petition: DON'T LET HEDGE FUNDS BUY OUR NEIGHBORHOODS!
  • Neil Stecker
    signed 2016-03-26 16:10:51 -0700
    they almost got me!
  • Marlina Patrowski
    signed 2015-11-03 11:50:30 -0800
  • K Arnone
    signed 2015-10-25 11:13:40 -0700
  • Chris Kermiet
    signed 2015-10-13 16:21:30 -0700
  • null null
    signed 2015-10-11 21:55:08 -0700
  • Aaron Senegal
    signed 2015-10-08 08:22:15 -0700
  • Patricia Always
    signed 2015-10-04 22:02:11 -0700
  • Robert Goss
    signed 2015-10-04 17:10:20 -0700
    It is of importance for Fannie Mae and Freddie Mac to stop selling troubled mortgages to speculators, and sell them to a non-profit organization to assist with a plan offering a loan modification with principal reduction….. Fannie Mae and Freddie Mac have nothing but destroyed our neighborhoods along with the loan servicers.
  • Mary Lou Finley
    signed 2015-10-03 10:40:49 -0700
  • Alan Bixler
    signed 2015-10-03 07:20:05 -0700
  • Rita Meuer
    signed 2015-10-01 01:57:51 -0700
  • Jamie Zazow
    posted about this on Facebook 2015-09-30 20:24:09 -0700
    Sign the petition: DON'T LET HEDGE FUNDS BUY OUR NEIGHBORHOODS!
  • Jamie Zazow
    signed 2015-09-30 20:23:48 -0700
  • Lindsey Hollands
    signed 2015-09-30 08:35:26 -0700
  • Arthur Delgadillo
    signed 2015-09-30 04:35:11 -0700
  • Laura Hanks
    signed 2015-09-29 20:13:40 -0700
  • Steven Vogel
    signed 2015-09-29 19:50:24 -0700
  • Jennifer Quigley
    signed 2015-09-29 18:58:59 -0700
  • mark novotny
    signed 2015-09-29 17:40:43 -0700
  • Oralia Aguilar
    signed 2015-09-29 15:59:56 -0700
  • Kathleen Myers
    signed 2015-09-29 14:45:35 -0700
  • Scott Grinthal
    signed 2015-09-29 14:01:36 -0700
  • Grace Payne
    signed 2015-09-29 13:27:35 -0700
  • Katherine Schaff
    signed 2015-09-29 09:51:35 -0700
  • angela fazzari
    signed 2015-09-29 08:02:00 -0700
  • Connor Duffy
    signed 2015-09-29 07:27:59 -0700
  • Vivian Pons
    signed 2015-09-29 02:34:47 -0700