Sadler joined by supporters to resist home foreclosure eviction scheduled for…5/3/2010

Stony Ridge squatters
03 May 2010

This in via e-mail from the Foreclosure Defense League, they held a press conference on Sunday May 2nd, at 6:00 p.m., in addition to the below release, FOX Toledo reported on this story (link):

On Monday May 3rd, Keith Sadler of Stony Ridge will be evicted from his home. But unlike many in a similar situation, Mr. Sadler intends to resist his foreclosure and stay in his home illegally.

“I am resisting this eviction through non-violent civil disobedience,” states Sadler. “It’s time to make a stand against this corrupt system.”

Alongside Sadler stands a group of community members from the Toledo Foreclosure Defense League, a Northwest Ohio coalition of housing activists. TFDL is also joined by the national group Take Back the Land based out of Miami, Florida.

Sadler, along with the Toledo Foreclosure Defense League, will be peacefully occupying the foreclosed home by sealing themselves inside until the foreclosure is called off and a moratorium on all foreclosures is enacted.

“Housing is a human right. While banks are being bailed out, people are being thrown into the streets. The time has come to take back our land and our communities,” said Sadler.

Following Sunday’s press conference May 2nd at 6pm, activists will lock themselves inside until their demands are met.

Supporters have set up live streaming video and online content at the following web addresses:

LIVE 24 hour coverage from inside the home:
(link)

Live coverage goes online at 6:00pm Eastern Standard Time at the scheduled press conference. No broadcasts will be made until then.

Youtube:
(link)

Twitter
http://www.twitter.com/TFDLOH

or text “follow@TFDLOH” to 40404

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No authoritative estimate of total foreclosures

I put enough into these figures as I do in the “real” unemployment numbers. While they try to count numbers, I count lives.

WASHINGTON – March 23, 2010 – How many foreclosed homes are really out there? No one can say for sure, but the number seems to be somewhere between 500,000 and 1 million.

To date, no one has been able to track the total number of properties owned by banks, the U.S. Department of Housing and Urban Development, and mortgage investors. Here are a few approximations:

• Barclays Capital uses foreclosure data from mortgage securities to estimate that there are slightly more than 600,000 homes in the process of foreclosure.

• RealtyTrac, which examines public records, estimates the number is closer to 700,000.

• Independent housing economist Tom Lawler combines data from Fannie Mae, Freddie Mac, the Federal Housing Administration, Federal Deposit Insurance Corp. and securitization trusts to conclude that there are actually about 500,000.

Source: The Wall Street Journal, James R. Hagerty (03/19/2010)

How about puting the many faces and families into this equation instead of trying to put emphasis on numbers! Try numbers on Illegal foreclosure, evicted shattered lives MAYBE?