Sen. Dianne Wilkerson Testifies in Support of Foreclosure Moratorium Legislation

BOSTON - Mass. State Sen. Dianne Wilkerson (D-Boston) testifying before the House-Senate Joint Committee on the Judiciary on Tuesday May 13, 2008.

Sen. Wilkerson's website: http://www.mass.gov/legis/member/d_w0.htm

The Committee is considering three bills (H4733, 4734, & 4735 and their Senate counterparts: S2662, 2663, & 2664) that would do three things vis a vis the home foreclosure crisis:

1. Place a 6 month moratorium on all foreclosures resulting from sub-prime lending practices,

2. Require just cause for eviction in foreclosed properties, and

3. Require court approval before a foreclosure can go forward...

All three bills are sponsored by the Massachusetts Alliance Against Predatory Lending and opposed by various banks and financial institutions...

MAAPL website: http://worcesteractivist.org/maapl

[This excerpt is 18 minutes long but is one of Senator Wilkerson's finest moments in the Legislature.]