foreclosure

6:23pm

Fri February 10, 2012
Group Calls for Picketing At Downtown Hotel

Occupy Nashville Protests Loan Abuse Settlement

MURFREESBORO, Tenn (WMOT)  --  Occupy Nashville is calling for fresh protests in downtown Nashville today. The group is using social media to encourage supporters to picket at a meeting of the Tennessee Banker’s Association being held at the Renaissance Hotel.

Occupy protesters are upset over a $25 billion dollar settlement announced yesterday between the federal government, 49 states, and five of the nation’s top mortgage lenders for loan abuses in recent years. Tennessee will reportedly receive $146 million dollars as part of the deal.

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11:18am

Wed February 8, 2012
More than 37,000 Sign On-line Petition

Nashville Woman Challenges Banking Giant

Occupy Nashville is using the website change.org to gather support for a Nashville woman facing foreclosure.

NASHVILLE, Tenn. (AP) — More than 37,000 people have signed an online petition calling on JP Morgan Chase & Co. not to foreclose on an elderly Nashville woman.

A news release from petition website change.org says Helen Bailey is a 78-year-old homeowner who has paid her mortgage for years. It says she fell behind on payments due to medical bills.

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