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    Posted November 27, 2012 by
    lukejones
    Location
    Boston, Massachusetts

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    Man Fights Foreclosure With Rap Video

    By lukejones  |  Posted November 27, 2012  |  Boston, Massachusetts
     

    CNN PRODUCER NOTE     lukejones who reports for local cable access in Boston told me, 'I'd have to say what struck me most [about this] was the feeling of helplessness that seems to go hand-in-hand with foreclosure. People I spoke to say they were talked in buying houses they couldn't afford, and now that their homes are being foreclosed on, they feel there's nothing they can do. At the same time, there are others like Antonio, who have remained resilient and still believe they have a shot at saving their homes.' See below for Bank of America's statement in response.
    - hhanks, CNN iReport producer

    A man is fighting to save his home from foreclosure the only way he knows how--through music. Antonio Ennis, a professional rapper, has posted a music video to YouTube blasting banks for what he calls unfair practices.

    He hopes the video, which stars many of his neighbors, will garner enough attention to save his home and force banks to stop foreclosing on others.

    For more updates, follow me on Twitter: @LukeJonesTV

    ***Some additional info:
    While Bank of America has offered to adjust Ennis' rate, he says the new rate is still too high. He wants BofA to give him a principal reduction.

    In a written statement, BofA said, "Unfortunately, Mr. Ennis was not eligible for a principal reduction because his monthly mortgage payment was already below 25 percent of his monthly gross household income...We were, however, able to offer Mr. Ennis an affordable long term modification.”

    Ennis says he has until December to accept the new rate, or face foreclosure.

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