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News, The Snitch Foreclosures Crisis' Effect on the Election Could Be Deeper Than Just Policy Debate

Foreclosures Crisis' Effect on the Election Could Be Deeper Than Just Policy Debate

The 2012 general election will be the first since the national rate of mortgage delinquencies rose above 10 percent. While it seems the fever broke in early 2010, when nearly 15 percent of home loans were past due, the country's…
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News, The Snitch More Foreclosures in a Community Means Lower Voter Turnout, Says Study

More Foreclosures in a Community Means Lower Voter Turnout, Says Study

History will eventually figure out the social implications of the foreclosure crisis -- its longterm effect on the wealth gap between minorities and white people, its role in gentrification, its impact on an already shrinking middle class, whether it permanently…
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News, The Snitch Nationstar Calls Off Bayview Foreclosure, Sheriff Is a No-Show for Scheduled Eviction

Nationstar Calls Off Bayview Foreclosure, Sheriff Is a No-Show for Scheduled Eviction

It looks like Nationstar has become the latest lender to hop onto the Bayview foreclosure bandwagon, and thus they are the latest lender being targeted by neighborhood activists.This morning, the hard-working folks that make up Occupy Bernal joined the Alliance…
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News, The Snitch Occupy Noe Valley Tries to Save More Homes

Occupy Noe Valley Tries to Save More Homes

Since Occupy Bernal has proven to be the only local Occupy group to actually get shit done, homeowners in Noe Valley went ahead and formed a similar movement, riffing off Bernal's model of not occupying.In other words, no tents necessary.Tomorrow,…
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News, The Snitch Wells Fargo to Pay $175 Million Settlement for Racist Lending Practices

Wells Fargo to Pay $175 Million Settlement for Racist Lending Practices

Wells Fargo, the San Francisco-based banking giant, has agreed to pay a $175 million settlement for discriminatory lending practices where black and brown people were charged higher interest rates than white people, the Justice Department announced today."If you were African-American…
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News, The Snitch Here's What the State's Historic Foreclosure Protection Bill Means to Homeowners

Here's What the State's Historic Foreclosure Protection Bill Means to Homeowners

One of the worst parts of going through a foreclosure is the sense of helplessness. There's a lot of waiting and hoping and let-me-transfer-you-over run-arounds. The process feels closed and distant, marked by indifferent operators and vague brief loan modification…
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News, The Snitch The Dispossessed: Geary Brown Dodges Eviction

The Dispossessed: Geary Brown Dodges Eviction

In a feature story last month, "The Dispossessed," we wrote about a Bayview homeowner named Geary Brown who was on the verge of getting evicted.He had been foreclosed on after he missed several mortgage payments while seeking to modify his…
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News, The Snitch I'd Buy That for a Dollar: S.F.-Area Home Sales Surge

I'd Buy That for a Dollar: S.F.-Area Home Sales Surge

Prices for homes here in San Francisco have dropped from preposterous to merely ridiculous -- and, as a result, sales are up. Way up.In December, 19.7 percent more homebuyers took the plunge than one month earlier. The December 2008 sales…
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