To: The Washington State House, The Washington State Senate, and Governor Jay Inslee
A moratorium on home foreclosures and evictions
It is becoming more and more apparent that the predatory practices of the banks has resulted in a crisis in our country and state. Currently approxamately 17.5% of all housing units are in foreclosure and up to 80% have MERS, "chain of title", Robo-signing or other issues possibly renduring the foreclosures illegal. While this controversy is going on and the legitimacy of the foreclosures is in question, it is unacceptable that homeowners should be displaced from thier homes. We hereby request that the sate legislature to act on behalf of the PEOPLE and halt all foreclosures and evictions until this situation is satisfactorily reconciled.
Why is this important?
In light of the current foreclosures crisis in our state and the fact that empty, bank owned properties are bad for our communities and state. Because it is becoming increasingly apparent that up to 80% of these foreclosures may be illegal, we do hereby propose a petition to halt all foreclosures and evictions until issues relative to MERS, chain of title issues, robo signing and other possible foreclosure fraud are investigated and dealt with.Homeowners should not be displaced when there is question as to the legality of the foreclosures in the first place.
This is not just a homeowner issue but an issue that affects every citizen of Washington state. Empty, bank owned homes are bad for our state.