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Eight million people are at risk of losing their homes because Wall Street abandoned responsible lending practices to gain short-term profits. The housing crisis is not just a problem for families facing foreclosure - it's a problem for every homeowner in America. As long as foreclosures persist, home values will keep going down, and everyone loses.

We need your help. Have you been affected by the housing meltdown? Foreclosed on? Underwater? Record your story, or the story of a friend, family member, or neighbor, and send it to us. You can also add your written story along with a photo for the map. Then, watch the video stories of the families, mothers, fathers, and children who have lost, or are losing the place they call home.

Joe from Michigan

Published
by
admin
on March 11, 2009
in Stories
.

I think it’s important to share the full time line of my family’s struggle against the predatory lending thugs at Homecomings Financial, and their then-parent GMAC. We fought these thugs for several years before losing the only home our two youngest children had ever known. I will not rest until our family receives the justice we deserve from Homecomings, GMAC, and the ultimate predatory thug, GM CEO Rick Waggoner. If possible, I would strongly urge Congress not to lend GM another fucking dime, until they are held to account for the untold thousands of families they have thrown out of their homes. This may not make me popular in Michigan, but if it would mean GM would go out of business – well, let’s put it this way: they didn’t give a damn about thousands of families like mine, did they?

Since losing our home in July 2007, my wife and I have separated, although we continue to stay married (no thanks to those predatory thugs). I was also able to find a nice place to rent, just up the street from where our two youngest children go to school. This will also help keep their lives as happy and normal as we can make them. However, I also will not rest until my family is put back together in the same home, Rick Waggoner, Homecomings and GMAC be damned!

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