MAAPL is a coalition of local and state-wide groups working to fight the foreclosure crisis and support Massachusetts homeowners, tenants, and neighborhoods.
Tuesday, Jan. 16, 2024 - Join MAAPL homeowner foreclosure-fighters across MA at press conferences calling on the MA Supreme Judicial Court to break its 47 year silence on the constitutional provisions and laws against predatory lending. https://t.co/nANdFuSFjH
On Thursday, October 20, 2022, the Mass Alliance Against Predatory Lending (MAAPL) released a statement to the media regarding the wrongful eviction case of Alton King, a Black senior with a disability. Read more at https://t.co/DDkcJvLzxt
On 8/25/22, the New England Area Conference (NEAC) of the NAACP issued a press release regarding its filing of an amicus brief in the Alton King Supreme Judicial Court case.
Read all about it at https://t.co/DBhClxONai
Action Alert: MAAPL Call-In Day to Extend the National Eviction Moratorium!
Your voice gets results! Call NOW, and keep calling through June 25th!
Call the CDC — and your Congressperson & US Senators, and ask them to extend the CDC’s Eviction Moratorium. https://t.co/REy57hXRzx
Friends, please vote now in the @BostonGlobe poll on extending the moratorium on evictions & foreclosures for another year! We need the moratorium until the pandemic danger has passed! Vote Now: https://t.co/iBT1mKF1Wr
Foreclosures and Evictions have NOT stopped nationally… but there’s good news for those with FHA mortgages! (and maybe Fannie Mae and Freddie Mac… ) https://t.co/TpylQJ733G
Urgent: Call Today to Halt Evictions in MA During Coronavirus Crisis! Call your MA legislator TODAY to support HD.4935 and halt foreclosures during the COVID-19 crisis. https://t.co/8juMUWFCeu
It's Happening Tomorrow, 7/23: Hearing on MAAPL's bill, "An Act Relative to the Tax Relief of Mortgage Debt"!
Where: Room B2
When:
• Pre-Hearing Lobby Session at 11:00 am (arrive between 10 and 10:30)
• Hearing at 1:00 pm
Please join us! More info - https://t.co/cmE7qqd90q
10 years past 9/29/08 crash, real unemployment is steady at historic level. Official US rate does not "count" students, returning workers, long term unemployed, workers in family business. Real rate? 23% unemployment!
No/low employment rebound in zip codes hardest hit by foreclosures predictable, as 70% of businesses started off the mortgage of the founder. No equity to start business = no small businesses that are primary means of new jobs!
As of 2015, the zip codes hardest hit were not recovering: high % of underwater homes, still significant foreclosure rates and unemployment rates continuing high—all correlated with high % of people of color. (Haas Institute)
10 years after the crash, people still think the economic downturn drove foreclosures. Instead, the last 3 high unemployment periods/recessions saw NO increase in foreclosures. Bad mortgage foreclosures drive unemployment.
By 9/29/08 crash, we knew women had been disparately targeted for subprime mortgages. We did not realize lenders illegally marked mortgagors as 'single woman' in the mortgage. And they still do!
When market crashed, predatory lending/foreclosures just then became truly visible across all communities; in 2010, we found out that in 2005-09 Black wealth lost 54%, Latino 66%