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Previously published in The Wall Street Journal, Fortune, Bloomberg, The New York Times, Wired, ProPublica. “The Great American Foreclosure Story: The Struggle for Justice and a Place to Call Home’.
Told through the eyes of four homeowners–a grandmother in Detroit, an entrepreneur in rural North Carolina, a disabled man in Chattanooga, and a mother in Chicago–A Dream Foreclosed presents a people’s history of the U.S. financial crisis and the rise of a people’s movement for economic justice, dignity, and freedom from foreclosure.
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The Great American Foreclosure Story details with clarity and empathy the road that led Ramos and so many like her toward financial ruin. Once the owner of a small business and a home, Ramos fell on hard times.
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According to Anglo-American property law, a mortgage occurs when an owner (usually of a fee simple interest in realty) pledges his or her interest (right to the property) as security or collateral for a loan. Therefore, a mortgage is an encumbrance (limitation) on the right to the property just as an easement would be, but because most.
The Great American Foreclosure Story: The Struggle for Justice and a Place to Call Home – ProPublica Using the dreams and aspirations of four families as her point of departure, Laura Gottesdiener narrates a beautifully crafted story about predatory lending, foreclosure abuse, the racial politics of home ownership, and the brave struggles.
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