But she said, "Once I read it, the first thing I did was lock my door!" It's Worth a Try The conversion of the legendary Apthorp apartment building into condominiums has been marked by foreclosure threats, dueling rabbinical courts, inquiries from the state attorney general and mice sightings that have eclipsed talk about its former celebrity tenants.
As hundreds of protesters marched the streets here Tuesday, they paused at boarded-up homes marked with foreclosure signs to use the People's Mic to tell stories of homelessness and eviction.
In a year marked by high unemployment, record foreclosures and the fallout of historic bailouts of the financial sector, bank pay became a constant concern for politicians, voters and Wall Street's army of PR reps and lobbyists.
Hundreds of thousands of families had lost homes, and in towns from Florida to California to Nevada, foreclosure slums took root, marked by boarded-up homes and uncut grass.
While many cash-strapped homeowners have sought loan modifications amid the foreclosure crisis, BofA's mortgage-mod efforts have been marked by inefficiency and questionable practices.
To profit from property inspections, title searches and maintenance on homes going through foreclosure, Countrywide set up subsidiaries to do the work and marked up the cost of the services by more than 100 percent.
Yet for all the money Washington has dumped into its economy President Obama marked the first anniversary of his stimulus program last week jobs are disappearing, deflation is returning and foreclosures are rising.
The first challenge was figuring out how to mark the more than 13,000 foreclosures.
Many banks are not marking their mortgages down to the foreclosure values the market foresees, hoping instead that we taxpayers will buy out mortgages at near their original inflated value —another government bailout.
Or perhaps they would brandish their parents' foreclosure filesor some other document marking them as the first American generation to be less well off than the one before it.
