Learn about Occupy Greensboros Foreclosure Working Group
Lets Lose Our House - A Modern Foreclosure Tale

Latest update regarding the Office of the Comptroller of the Currency

Mike S.

The Office of the Comptroller of the Currency is the Federal agency responsible for the regulation and supervision of nationally registered financial institutions as well as national branches of international banks.1 As such, it was the regulatory agency most directly responsible for oversight (or lack of) of the largest mortgage lending and servicing companies and related financial agencies involved in the ongoing modification and foreclosure crisis. In late 2010, investigations by the OCC and other state and Federal agencies revealed numerous “unsafe and unsound” practices in the handling of home mortgage modifications and foreclosures. In the spring of 2011, the OCC instituted enforcement actions against 14 of these companies in the form of Consent Orders.2 In the most part, these orders essentially directed the companies to cease and desist these practices with the parties agreement without acknowledging guilt.

Continue reading »

OGSO’s Occupy Foreclosure Working Group featured on the Rachel Maddow show

Last night Occupy Greensboro’s Foreclosure Working Group was featured along with Guilford County Registrar of Deeds Jeff Thigpen on MSNBC’s the Rachel Maddow Show. Guilford County is facing a crisis of fraudulent foreclosures and we are working to save people’s homes and our communities.

See the video below:

YouTube Preview Image

Hundreds turn out to expose foreclosure crisis in Guilford County!

On the evening of March 14, 2012, Occupy Greensboro‘s Foreclosure Working Group brought together hundreds of local residents to learn about the foreclosure crisis facing Greensboro, Guilford County and the entire country.

We’ll have more information posted here in the coming days about this successful event, future screenings of the film, “Let’s Lose Our House: A Modern Foreclosure Tale”, and other ways for people to get involved in fighting the fraudulent foreclosures sweeping our communities.

For now, enjoy this photo montage from March 14 courtesy GSO Bear:

YouTube Preview Image

Jeff Thigpen files suit over robo-signing, will speak at movie premiere

For Immediate Release

Contact: Nathan Pius, npius20@gmail.com, 732-570-8847

“Save Our Community: Fight Foreclosure!” – Movie Premiere at Carolina Theater

“Let’s Lose Our House: A Modern Foreclosure Tale”

Film Stars, Robots, Crowds and a Red Carpet

Jeff Thigpen will address attendees at the premiere of our locally produced film: “Let’s Lose Our House: A Modern Foreclosure Tale” at the Carolina Theater at 7:00 P.M. Wednesday March 14, 2012.

The Guilford County Register of Deeds announced today he is suing several banks, including Bank of America and Wells Fargo, alleging thousands of mortgage documents filed in the county were fraudulent. Thigpen said the fraudulent documents make it difficult, if not impossible, for his office to track who actually owns the property.

Over the last two years Thigpen has become a national figure in calling attention to document forgery, robo-signing, and other types of mortgage fraud by major banks. His office conducted a study of 6,100 mortgage documents here in Guilford County and discovered that 74 percent, about 4,500 transactions, or a stack of paper two feet high, had problems involving forged signatures and fraudulent documents. His research into robo-signing has been cited in a number of pending court cases as well as in the Associated Press, Business Week, and other national publications.

In appreciation of his efforts on behalf of illegally foreclosed homeowners and Guilford County residents, Thigpen will receive autographs from the film’s robotic “Robo-Signers” who will make a special appearance at the premiere.

SCHEDULE OF ACTIVITIES

  • 5:30 – 6:15: Dinner at the Interactive Resource Center. Provided by Unity in Greensboro Church
  • 6:15 – 6:30: Photo Op: Marchers assemble at IRC, including Cakalak Thunder
  • 6:30 – 6:45: Photo Op: March comes down Washington, turns left on Greene
  • 6:45 – 7:00: Interviews: Early birds arrive
  • 7:00 – 7:05: Photo Op: Paparazzi/Limo arrival
  • 7:15 – 7:22: Real Foreclosure Story. Ricky and Patricia video
  • 7:24 – 7:47: Screen the movie
  • 7:50 – 7:53: Intro Jeff Thigpen
  • 7:53 – 8:03: Featured Speaker: Jeff Thigpen
  • 8:03 – 8:05: Robots give Jeff autographs, and …
  • 8:30 – 8:45: Interviews: Q&A (in lobby or auditorium, depending on size of crowd.)

Excitement builds for March 14 event, Save Our Community: Fight Foreclosure!

Press Advisory

Contact: Nathan Pius, npius20@gmail.com, 732-570-8847

Movie Premiere at Carolina Theater

“Let’s Lose Our House: A Modern Foreclosure Tale”

Film Stars, Robots, Crowds and a Red Carpet

SCHEDULE OF ACTIVITIES

  • 5:30 – 6:15: Dinner at the IRC. Provided by Unity in Greensboro
  • 6:15 – 6:30: Photo Op: Marchers assemble at IRC, including Cakalak Thunder
  • 6:30 – 6:45: Photo Op: March comes down Washington, turns left on Greene
  • 6:45 – 7:00: Interviews: Early birds arrive
  • 7:00 – 7:05: Photo Op: Paparazzi/Limo arrival
  • 7:15 – 7:22: Real Foreclosure Story. Ricky and Patricia video
  • 7:24 – 7:47: Screen the movie
  • 7:50 – 7:53: Intro Jeff Thigpen
  • 7:53 – 8:03: Featured Speaker: Jeff Thigpen
  • 8:03 – 8:05: Robots give Jeff autographs, and …
  • 8:30 – 8:45: Interviews: Q&A (in lobby or auditorium, depending on size of crowd.)
Page 1 of 41234