Joel Sucher

An ongoing drama is unfolding: a David versus Goliath tale of sorts that pits a Riverside, Calif., family fighting to stay in their home against the weight of that elephant, otherwise known as "Freddie."

The perfect metaphor for the housing crisis sits, ignominiously, off the coast of Italy. That lumbering hulk of a ship – the once Grand Concordia — is stuck, half sunk, going nowhere, and the prospects for the situation improving are problematic at best. Refloat? Scrap? Maritime experts are weighing the pros and cons, but I think there's general agreement about siphoning off the fuel before a possible leak turns pristine waters into a very toxic mess.

Those $1,500-$2,500 checks being sent to foreclosed-upon borrowers wouldn't cover Jamie Dimon's travel expenses to Davos.

If you live in Oklahoma: Sorry, you’re screwed. Your Attorney General is more worried about moral hazard and wouldn’t sign the agreement.

With all the twists and backroom turns, government officials’ quest for a settlement and restitution from banks and mortgage servicers is starting to resemble a 1960s screwball comedy.

My guess is that Shaun Donovan and Tim Geithner are burning the midnight oil and firing up the afterburners in attempts to wrap this agreement up by Tuesday’s State of the Union address.

The World Economic Forum just released its yearly report. It's a run-up to the gathering of the economic tribe at Davos later this month and lists global concerns that should be placed high on one's "worry list." Last year it was natural disasters; this year, it's income inequality. Big surprise? No. Props to Occupy Wall Street for helping put this on the Davos radar screen.

There's more confusion in the Obama administration's policy response to the foreclosure crisis than an Abbott and Costello routine. Now the Fed steps up to the plate.

As non-profit 501 (c) 3's around the country make a mad dash for end of the year donations, it gives me some pause for thought about the whole nature of "giving."

Occupy Wall Street will enlist the aid and support of B, C, and D-list celebrities in numerous REO takeovers around the country. And other bold predictions.

It was a scene begging to be turned into a Christopher Guest script (remember, "Best in Show" and "A Mighty Wind?"): A film crew sets up last week and prepares for a shoot around the Foley Square area of lower Manhattan.

Back in May of 2007 my company started working on a documentary, "Foreclosure Diaries," detailing a crisis that was only beginning to make itself felt. We spent time in what was then the epicenter of the foreclosure crisis; a devastated neighborhood in Cleveland known as Slavic Village. Stripped bare of habitable housing, this once bustling blue collar area was an eerie tableaux of vacant, ramshackle homes; allowed to deteriorate by outside investors who had bought and sold foreclosures, en masse, aiming to profit from a quick flip to other sets of investors; all to feed the endless appetite of Wall Street's securitization magog.

An OWS subgroup discusses what would constitute a truly “alternative bank,” how much could be borrowed from the credit union, community bank and mutual models, and how to take it several steps beyond.

There was a hard lesson learned by many in the Occupy movement last week. When you push the so-called "establishment," they push back… with a vengeance. It was an "Iron Heel," response, with billy clubs in the ribs, pepper spray in the face and a general disregard of the right to peacefully protest.

Judge Jonathan Lippman, regulator Benjamin Lawsky and Attorney General Eric Schneiderman are standing up to an industry intent on forgetting that the foreclosure crisis affects real people, real lives and real families.

We've already seen Occupy Foreclosures. How about Occupy The Wall Street Journal, Occupy Fox News or Occupy PBS?

I'm hoping William Dudley would consider a meander down the street to Zuccotti Park, with the Fed's consent order against Goldman Sachs in hand. Let the crowd know that the Fed not only shares your pain, but has a few analgesics that might make you feel a bit better.

Was the Fed trying to convince itself foreclosure isn’t that bad? Would they roll out the pie charts and PowerPoint presentations to convince the rest of the financial community, Congress and the like, that homeowners don’t have to fear deterioration of lifestyle, maybe just a bit of downsizing?

With millions of American homeowners living under a Sword of Damocles otherwise known as foreclosure, expect to see more protestors turning out to block evictions and sheriff’s sales.