Friday, April 22, 2011

Candlelight vigil to support the Dunwell family

Fannie Mae is still pursuing a no-fault eviction of the Dunwell family even though the Dunwell family has stated their willingness and offered to pay rent, or purchase the home back at the current market value with an agreement to share any future equity appreciation. On Saturday, we will join together as a community to hold a candlelight vigil in support of the Dunwell family and make it clear to Fannie Mae that enough is enough! No-fault Evictions after foreclosure destroy our communities, leave families and children without homes and depress the value of homes throughout the neighborhood by creating more vacant and boarded up homes. 

GREED IS NO REASON TO EVICT! Come out and join the fight this Saturday! 
We are determined to stop the eviction of the Dunwell family and no-fault evictions after foreclosure throughout Springfield. 
We will block this eviction if necessary!

20 Hughes Street, Springfield, MA (in Forest Park off Belmont Ave via Woodlawn St.) 

David, Yanick and their 3 daughters (8, 11 and 13) are at risk of being evicted by Fannie Mae, after their home was foreclosed on by Bank of America.
The Dunwell’s fell behind in their mortgage payments only after David lost his human service job of 17 years due to severe state and federal budget cuts to Bridgewell, the private agency that he worked for.  He had no union and no protection. Bridgewell workers are now organizing with SEIU Local 509 so they’ll have protection from such treatment. Prior to losing his job, the Dunwell's had kept on their mortgage.  

In spite of his setback, David has recently been able to return to full-time work, and his wife Yanick also works full-time as a health care worker.  They have a dual income and a reliable, rent-paying tenant downstairs. 
With their current income, they could afford to purchase their home back from Fannie Mae at real market value, or to pay reasonable rent!

This case is so simple! Don’t evict no-fault! Sell back to the Dunwell family at real market value or accept rent and market occupied. The Dunwell’s are even willing to share any future equity appreciation with the bank. This is a better deal for Fannie Mae! 
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