Doughnut workers organize in Portland, Ore,

first_imgMarch 21 — Workers at a popular eatery, Voodoo Doughnut, in Portland, Ore., announced the formation of the Voodoo Doughnut Workers Union (VWU) on March 20. Their written statement asserted this was “to improve working conditions and demand concessions including, but not limited to, higher wages, security and severance packages for all workers laid off due to the COVID-19 crisis.”In Portland, Ore., support for low-wage food service workers organizing during the pandemic.The doughnut chain employs more than 325 workers at nine locations in Oregon, California, Colorado, Florida and Texas. Portland workers at the 22 SW 3rd Avenue restaurant, known as the “Old Town” location, have been organizing with the local chapter of the Industrial Workers of the World since June 2019.VWU member Samantha Bryce told Workers World that conversations between co-workers about unionizing go back even further: “We have a right to stand up for ourselves and demand that our basic needs are met, that our health and well-being be a priority and that our dignity as good working-class people be respected.”The March 20 statement noted, “VWU workers have cited a number of serious grievances about their workplace, despite its hip and friendly image. The list includes safety concerns, low wages, stressful working conditions and lack of manageable paid time off and sick leave, as well as severance packages for all who have been laid off due to the COVID-19 crisis.”Similar to restrictions on restaurants and bars across the U.S., Oregon Gov. Kate Brown ordered the state’s restaurants to suspend dine-in services for at least four weeks and stay open only for takeout and delivery.Closures clobber food service workersLow-paid food service workers are taking the brunt of the closures, intensifying their economic hardship. Politicians are prioritizing the well-being of banks and big business, and workers are left scrambling with little or no financial assistance or job security.“The most notable struggle with the COVID-19 virus is that many of the doughnut shop workers are being laid off, and still many more employees looking at most likely being laid off in the future,” Bryce said. “These laid-off employees are offered no severance pay or access to cashing in their accrued paid time off. Employees who are still working the shop floor are not currently being offered living wages or hazard pay.”Since the VWU announcement, the union has not received a response from management or the corporate office about the union or its demands. This reporter contacted the company for comment, but received no reply.Bryce noted that as layoffs continue in nearly all company locations, it is unclear if these are due to meeting coronavirus COVID-19 needs or if unionization has played a role.“Many of us live paycheck-to-paycheck on poverty wages and shallow benefits from companies that treat us like we are nothing more than expendable,” Bryce emphasized. “Many of us now will be struggling to find work. Struggling to pay rent. Struggling to buy food. We need each other now more than ever. Now is the time to stand up, but when you do, make sure to stand up together. For a rising tide lifts all boats.”VWU members have received support and expressions of solidarity from the Burgerville Workers Union, the Crush Workers Collective, Virginia IWW, Portland Solidarity Network, IWW Italia, Northwest Labor Press, New Seasons Workers United, Communications Workers (CWA) Local 7901 and Portland Jobs With Justice.“I hope that our actions inspire other working-class folks to organize and support their fellow workers, as well as their surrounding communities,” Bryce added.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

North Carolina Borrowers Receive Foreclosure Relief Money from SunTrust Settlement

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago North Carolina Borrowers Receive Foreclosure Relief Money from SunTrust Settlement December 7, 2015 1,259 Views Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Foreclosure Settlements North Carolina SunTrust Mortgage 2015-12-07 Brian Honea in Daily Dose, Featured, Foreclosure, News Tagged with: Foreclosure Settlements North Carolina SunTrust Mortgage Subscribe About Author: Kerri Panchuk Kerri Panchuk is an attorney and financial writer with more than a decade of experience covering real estate, default servicing, residential mortgage-backed securities, retail, macroeconomics, and commercial real estate. Panchuk graduated from the Southern Methodist University Dedman School of Law and texas Tech University, Panchuk previously served DSNews.com as online managing editor/producer and webcast anchor. In April, she rejoined the Fiver Star Institute as executive director of member groups, overseeing the development and growth of the National Appraisal Congress and Title and Closing Coalition. Panchuk is a member of the State Bar of Texas. Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Related Articles Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save “Through these agreements we’re holding banks accountable for past problems and preventing future ones.”Roy Cooper, North Carolina Attorney GeneralThe deal was made after allegations from attorneys generals surfaced, claiming the bank violated foreclosure, servicing or loan modification practices, harming borrowers who were already in distress and who may have had other relief options available at the time.“This is welcome relief for North Carolina families who suffered foreclosures done wrong,” said AG Roy Cooper. “Through these agreements we’re holding banks accountable for past problems and preventing future ones.”Cooper’s office says the AG’s settlement with SunTrust is based on the National Mortgage Settlement negotiated back in 2012 with the country’s largest mortgage servicers—Ally/GMAC, Bank of America, JPMorgan Chase, Citi and Wells Fargo.Cooper previously negotiated a $26-million settlement with Ocwen Financial as part of a larger $2.1 billion deal covering national mortgage servicing issues. Previous: Expanded Loan-Level Dataset Aimed at Helping Investors Support Credit Risk Offerings Next: Merging Landlords See Growing Profit in Single Family Rentals North Carolina residents harmed by mishandled or suspect foreclosures in the aftermath of the financial crisis are set to receive $2 million in cash payments from SunTrust Mortgage as part of a larger $550 million settlement, the state’s Attorney General confirmed in a press statement.North Carolina Attorney General Roy Cooper announced Friday that $23.5 million in financial relief will be distributed to roughly 1,400 North Carolina homeowners who had mortgages serviced by SunTrust and who faced foreclosures during the time period running from Jan. 1, 2008, through Dec. 31, 2013.As part of the deal with SunTrust, the bank has forgiven $2.8 million in first liens and approximately $2 million in first and second liens to facilitate short-sale transactions for impacted homeowners.The $2 million payout will provide cash to North Carolina consumers who lost their homes and who alleged misconduct on the part of SunTrust for either unauthorized foreclosures or violations of servicing and foreclosure practices.The North Carolina settlement is part of a much larger $550 million deal that SunTrust struck with 49 states, the District of Columbia and federal authorities. Home / Daily Dose / North Carolina Borrowers Receive Foreclosure Relief Money from SunTrust Settlement Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Postlast_img read more