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Underwater America: Will President Obama, Mel Watt and Wall Street Finally Do the Right Thing for Troubled Homeowners?

Peter Dreier | Posted 07.21.2014 | Politics
Peter Dreier

The Obama administration did too little, too late, to help troubled homeowners, who faced plummeting home prices and the risk of foreclosure. The most important thing they can do is get Fannie Mae and Freddie Mac to adopt principal reduction.

What Is Mel Watt Waiting For?

Peter Dreier | Posted 07.13.2014 | Business
Peter Dreier

Some pundits and politicians claim that America's housing market is now recovering from plummeting home prices and a years-long lull in new construction. But the so-called recovery is very uneven.

Why Is Fannie Mae Evicting the Coronel Family?

Peter Dreier | Posted 06.08.2014 | Business
Peter Dreier

The Coronel family is part of a growing national movement to challenge Wall Street and the financial industry, whose predatory practices resulted in millions of Americans losing their homes and millions more still "underwater" with homes worth less than their mortgages.

Meet Koch Brothers Employee David Spady, Darling of LA Fox "News"

Rick Jacobs | Posted 01.23.2014 | Politics
Rick Jacobs

Want to know how the right-wing astroturf machine works? Want to see how they use power and money to drown out the voice of the people? Want to see the motivations behind the Koch Brothers' hit man in California?

Wheelchair-bound Homeowner With Breast Cancer Pledges to Fight Bank Eviction

Peter Dreier | Posted 12.22.2012 | Politics
Peter Dreier

California is ground zero in the battle between homeowners and Wall Street.

Marine Fights Freddie Mac to Save His Home

Peter Dreier | Posted 04.01.2012 | Politics
Peter Dreier

"I didn't do anything wrong. I'm doing this for my family and for the millions of other families in similar situations. We can't let the Wall Street banks and Freddie Mac get away with these kinds of practices."

Will Occupy Wall Street Be Co-opted?

Peter Dreier | Posted 12.11.2011 | Politics
Peter Dreier

The success of every radical movement in American history has occurred when it is co-opted by the forces of reform.

Victory! Transforming Occupy Wall Street From a Moment to a Movement

Peter Dreier | Posted 12.07.2011 | Politics
Peter Dreier

Is the Occupy Wall Street phenomenon a moment of protest or a movement for sustained change? Will Rose Gudiel become the Rosa Parks of a new economic justice movement?

Steve Mnuchin, Meet Rose Gudiel

Peter Dreier | Posted 12.03.2011 | Business
Peter Dreier

Gudiel would like Mnuchin to visit her at her home, because his OneWest Bank is trying to evict her and her family. If Mnuchin won't come to visit Gudiel, she will visit him, and bring some of her neighbors and friends with her.

Los Angeles Homeowners Take to the Streets to Protest Foreclosure Abuses

Peter Dreier | Posted 05.25.2011 | Los Angeles
Peter Dreier

A David vs. Goliath battle is developing this holiday season between hard-working families facing foreclosure and banking giants such as Wells Fargo and JP Morgan Chase.