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Take back the land Miami

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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-23-09 07:06 PM
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Take back the land Miami
I'm watching a family take back their home in Northwest Miami-Dade. I hope NBC6 posts the video later.
http://www.nbc6.net/headlinesonly/18777948/detail.html
<snip>
A South Florida organization is assisting families who have lost their homes during foreclosures.

On Monday afternoon, Take Back the Land moved an extended family of 12, including six minors, back into the home they lost to foreclosure on Friday. The home at 849 Northwest 137th Street in unincorporated Miami-Dade County was foreclosed as a result of a fraudulent refinance scheme by a predatory lender, the organization said.

Take Back the Land identifies vacant government owned and foreclosed homes and moves homeless people into the homes. The organization, which has been "liberating" foreclosed homes since October 2007, has assisted eight homeowners to date, the organization said.

Max Rameau of Take Back the Land said that Mary, her husband and her two children were living in the home, but her husband lost his job, which forced the couple and their two teenage children to move back in with her mother Carolyn. Soon after, the contracting job market forced Mary's adult daughter and fiancée back to the house with their four children, all under 10.

The crashing economy ultimately forced 12 relatives, spanning four generations, to cram into the two-bedroom home.

About two years ago, Carolyn fell victim to a scam predatory lender. She said that the salesman convinced her that with a new reverse mortgage she would only be compelled to pay the taxes on the house, significantly reducing her expenses as she entered retirement age. When they started receiving the foreclosure notices, it was too late, even with almost every adult in the house regaining employment.
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It's going to get really ugly.
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