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New Jersey people's forces demand mortgage write-down

by David Hungerford |
4/01/11
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Protest in Trenton (Fight Back! News/Staff)

Trenton, NJ - People gathered here to rally and hold a press conference, March 29, on the need for uncompensated write-down of overpriced mortgages contracted during the housing bubble, the period after 1997. The event marked a court hearing aimed at elimination of ‘robo-signing,’ foreclosures undertaken by banks that cannot prove ownership of the mortgage.

Participating organizations included the People's Organization for Progress (POP), the Irvington Branch of the NAACP, the Newark Teachers' Association, New Jersey Citizen Action (NJCA) and the Fair Share Housing Center.

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