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City Life / Vida Urbana protest

October 3, 2013. Boston, MA.
City Life/Vida Urbana members and community activists for the third week in a row protested outside of the Boston Housing Court. Protesters assert that taxpayer owned banks, Fannie Mae and Freddie Mac, have been evicting families ‘no fault’ at alarming rates in Boston and throughout Massachusetts. Four people including longtime housing activist and one-time mayoral candidate Mel King committed civil disobedience in front of the courthouse and were arrested.
The group is pressing for a stop no fault evictions until Mel Watt is confirmed to the FHFA. Ed DeMarco is the current head of FHFA, which oversees Fannie Mae and Freddie Mac. DeMarco has resisted community-stability based solutions to the foreclosure crisis, such as principal reduction or long-term rent contracts. Pres. Obama has nominated Congressman Mel Watt to replace DeMarco. These government sponsored enterprises are 79% owned by taxpayers and they are currently among the largest mass evictors within the state, displacing thousands of working-class people and eviscerating communities of color. Fannie Mae and Freddie Mac own over half of mortgages in Massachusetts

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