Los Angeles—The news of a more embracing set of guidelines from KYHCA, is most welcome and encouraging.
So many Californians have lost their homes because they did not fit into the stringent guideline requirements of KYHCA’s restrictive program even though there were plenty of resources available to help distressed homeowners. Those distressed homeowners losing their most precious lifetime asset, their homes, to banks and servicers utilizing fraudulent means to take over homes.
Those fraudulent activities continue today with little or no government oversight.
KYHCA’s new and proactive guidelines generate hope and finally relief to homeowners and communities up and down the State.
It is good when government supports its people first before the interests of Wall Street.
We Hope that the remainder $1.4 Billion Of the $2 Billion California received in 2010 can be used as quickly as possible and that more aid be allocated to help struggling homeowners.
We laud this accomplishment and all the effort that went into it.
Occupy Fights Foreclosures
FOR IMMEDIATE RELEASE
Sunday, November 9, 2014
CONTACT: Carlos Marroquin 323-592-4663
OCCUPY FIGHTS FORECLOSURES TO MARCH ON VETERANS DAY
“Homes for Vets Now!” pleads Occupy Fights Foreclosures
SAN FERNANDO, CA—On Tuesday, November 11th, veterans fighting foreclosure and homeless vets will join Occupy Fights Foreclosures marching in the San Fernando Valley Veterans Day Parade. The parade begins at 11:11 AM at the corner of Laurel Canyon and San Fernando Mission Boulevards in the City of Mission Hills. The procession will travel 1.1 miles along Laurel Canyon Blvd to the Ritchie Valens Recreation Center.
One out of three unhoused people are veterans. Veteran homeowners and homeless are marching to bring awareness to the ongoing foreclosure crisis. Many veterans continue to fight to stay in their homes while some less fortunate already have joined the countless other homeless people and families on the streets without a roof over their heads. During the foreclosure crisis, banks have taken full advantage of our veterans, who not only have to fight to keep and find jobs, but have to deal with long term illnesses, the high cost of medications, and a bureaucratic system moves slowly, putting them at high risk to lose their homes.
In America, there are about two million vacant homes and tens of thousands homeless veterans without help. Congress acted quickly to protect the banks but has failed to protect our real heroes—our veterans. There are new laws that protect active duty military personnel from financial institutions acting against them while overseas on tour of duty, but nothing to protect those that honorably served and defended the country. As a country, are we really honoring and protecting those who fought to protect our freedoms? Congress need to act immediately to protect our veterans regardless of when they served. America owes our real patriots, not Wall Street.
Recommended locations for viewing the parade include the review stand at Brand Blvd & Laurel Canyon Blvd, the intersection of Chatsworth Blvd & Laurel Canyon Blvd, in front of San Fernando High School, and at the Ritchie Valens Recreation Center. The parade culminates with a carnival at the Ritchie Valens Recreation Center (10736 Laurel Canyon Blvd, Pacoima, CA 91331). Occupy Fights Foreclosures will have a table of information to help any veterans fighting foreclosure at the end of the parade route.
Anyone interested in fighting back against foreclosures and homelessness is encouraged to join Occupy Fights Foreclosures (meets Sunday from 2–4pm and Tuesday from 7–9pm at 530 Ramirez St., Los Angeles).
Occupy Fights Foreclosures marches in San Fernando Valley Veterans’ Day Parade
11:11 AM on Tuesday, November 11, 2014
Laurel Canyon & San Fernando Mission Blvd, City of San Fernando, CA
**Participants to arrive by 9:30 AM for staging**
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Los Angeles, CA—On Friday October 31st, 2014, The Ghosts of Wall Street paraded through Hollywood Street Fair until 10 pm PST.
Photos by Damon D'Amato
Photos by Bohrnagin Ferthheluvitt and Carlos Themailman
Damon D'Amato wrote:
Occupy Fights Foreclosures, with Occupy LA, Occupy Venice Beach, and other friends, hit Hollywood Blvd — the Boulevard of Broken American Dreams — to unveil the vampires and uncover the undead zombie bankers and other monsters that are too big to jail.
They got bailed out. We got sold out.
FOR IMMEDIATE RELEASE
Friday, October 31, 2014
Contact: Carlos Marroquin 323-592-4663
GHOSTS OF WALL STREET Halloween Night on Hollywood Blvd
“Nightmares from Wall Street haunt us all,” says Occupy Fights Foreclosures
HOLLYWOOD – On Friday, October 31st, a coalition of activists will present the “Ghosts of Wall Street” educational spectacle during the Hollywood Halloween Street Fair. This traditional holiday celebration takes place from dusk to 10 PM along Hollywood Blvd with expected attendance of 50,000 or more. Ghosts of Wall Street will proceed along Hollywood Blvd, departing from the corner of Hollywood & Vine at 7PM on Halloween night.
The nightmare is real—the greed of “the 1%” continues to grow. Banks including J.P. Morgan Chase, Citigroup, Bank of America, Wells Fargo, and others committed trillions of dollars of fraud on colossal scale that continues to have lasting repercussions long past the initial 2008 financial crisis. The government has rubber stamped mortgage fraud settlements that merely reinforce that it will be possible for bankers to pay their way out of future crimes. Wall St. has benefited from the housing crisis by snatching up properties at bargain prices and expanding the rental market.
A massive student debt bubble is looming over the youth of today. Tuition prices continue to rise, yet the rate of return on a college degree is decreasing, as students graduate and fail to find full employment. We are saddling an entire generation with student loan debts that may outweigh future earning power and are dischargeable only by death.
The goal of this “Nightmares From Wall St.” action is to raise awareness about how Wall St. still haunts the people, harming families, and robbing us of opportunities. The people of Los Angeles are facing universal struggles of rising rents, student loans that can never be written off, continued fraudclosures and financial crimes of the big banks, and the corporate control of politics at all levels. #GOWS represents a chance to educate and active more people to join the movement against the greed of the 1%. Anyone interested in fighting back is encouraged to join Occupy Fights Foreclosures (meets Sunday from 2-4pm and Tuesday from 7-9pm at 530 Ramirez St., Los Angeles) and Occupy Los Angeles (meets Wednesday at 7:30 PM on the south steps of Los Angeles City Hall).
Specific issues of concern include:
- Students are saddled with debt for life
- Homeowners are victims of fraudclosure
- Families are priced out of the rental market
- Cities are ripped off by municipal bond rigging
- Corporations control politics & devour the environment
Ghosts of Wall Street #GOWS #Halloween2014
Nightmares From Wall Street #NFWS
7PM Friday, October 31 @ corner of Hollywood & Vine, Los Angeles, CA 90028
**STAGING at Hollywood & Sunset from 5-6:30 PM**
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#HALLOWEEN NIGHT 2014 PRESENTS
#Halloween2014 #LosAngeles #NewYork
"THE GHOSTS OF WALL STREET"
"Nightmare from Wall Street"
On Friday, October 31st a coalition of activists will present the “Ghosts of Wall Street” educational spectacle during the Hollywood Halloween Street Fair. This traditional holiday celebration takes place from dusk to 10 PM along Hollywood Blvd with expected attendance of 50,000 or more. The Ghosts of Wall Street rally will assemble starting at 5PM for a 6:30 PM press conference at Sunset & Vine on Halloween night.
#WallStreet RESPONSIBLE AND INVOLVED IN...
STUDENT DEBT • WARS • TAX DODGERS
CORPORATE & POLITICAL CORRUPTION •
RECIPIENTS OF TAXPAYERS BAILOUT $
INCOME INEQUALITY • PREDATORY LENDING
MORTGAGE FRAUD • HOMELESSNESS •
RENTAL MARKET MANIPULATION • PRIVATIZATION OF PRISONS
The people of Los Angeles are facing universal struggles of rising rents, student loans that can never be written off, continued fraudclosures and financial shenanigans by the big banks, and the corporate control of politics at all levels. #GOWS represents a chance for individuals and organizations to encourage more people to join the movement.
View a slideshow of our preparation footage:
FOR IMMEDIATE RELEASE
Contact: Carlos Marroquin 323-592-4663
HOMEOWNERS RESPOND TO RESIGNATION OF U.S. ATTORNEY GENERAL
“The Department Of Justice has failed to prosecute the banking executives responsible for the global recession,” notes Occupy Fights Foreclosures
RELATED PICTURES: https://www.facebook.com/media/set/?set=a.817213471664004.1073741889.100001260766273&type=1&l=2730919f79
Los Angeles - United States Attorney General Eric Holder announced his resignation today, leaving a legacy of a failure to prosecute any of the banking executives who designed, implemented, and profited from the 2008 global financial crisis.
Despite President Obama’s 2012 State of the Union address announcing a renewed push in prosecuting mortgage fraud, the Department of Justice (DOJ) has failed to take any action against the big banks who destroyed our economy. In fact, the Inspector General revealed in a March 2014 report that the Criminal Investigative Division of the FBI “ranked mortgage fraud as the lowest ranked criminal threat in its lowest crime category.” The same report, which examined prosecutions between 2009 and 2011, found that the DOJ had also grossly overstated its own Financial Fraud Enforcement Task Force statistics.
Eric Holder testified to the Senate Judiciary Committee in March 2013 that some corporate criminals are too big to jail. “If you do prosecute, if you do bring a criminal charge, it will have a negative impact on the national economy, perhaps even the world economy,” he said, concluding, “some of these institutions have become too large.”
After serving in the Clinton Administration, Holder worked in private practice for the corporate law firm Covington & Burling, representing such clients as Swiss Bank UBS and Bank of America. As Attorney General under President Obama, Holder has given his friends and clients on Wall Street a free pass for their past crimes. He has drawn headlines for billion-dollar settlements with J.P. Morgan Chase, Citigroup, Bank of America, Wells Fargo, and other banks. Homeowners point out that mortgage fraud settlements are not justice. These banks have committed trillions, not billions, in a massive fraud in a colossal scale that continues to have lasting repercussions. Civil settlements do nothing to help families who are still losing their homes, six years after the massive financial crimes of the big banks were initially exposed. A settlement is merely a bail-out for those who intentionally broke the law. The national mortgage fraud settlements serve to benefit only the banks (who gain relief from numerous claims by state and federal agencies) and the government (who receives a cash infusion). Little to no money reaches individual victims of mortgage fraud. Settlements reinforce that it will be possible for bankers to pay their way out of future crimes!
We, the People, call on President Obama to nominate an Attorney General who represents real change, not another Wall St. insider. We demand a priority investigation into all the past DOJ mortgage fraud settlements. Nothing has been done to deter the crimes and risky financial practices that created the housing bubble. It is imperative that the Department of Justice seek true justice for the millions of families harmed by evictions, foreclosures, prolonged unemployment, and decline in consumer spending power of the Great Recession.
“Audit of the Department of Justice’s Efforts to Address Mortgage Fraud,” U.S Department of Justice, Office of the Inspector General, Audit Division, Audit Report 14-12. March 2014.
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FOR IMMEDIATE RELEASE
Contact: Carlos Marroquin 323-592-4663
HOMEOWNERS OPPOSE BANK OF AMERICA MORTGAGE FRAUD SETTLEMENT
“Mortgage Fraud Settlements are Bailouts for Criminal Wrongdoing,” declares Occupy Fights Foreclosures
August 7, 2014—As Bank of America nears a $17 billion settlement with the United States Justice Department for mortgage securities fraud, homeowners point out that mortgage fraud settlements are not justice. Bank of America has committed trillions, not billions, in a massive fraud in a colossal scale that continues to have lasting repercussions. This settlement does nothing to help families who are still losing their homes, six years after the massive financial crimes of the big banks were initially exposed.
August 1st, 2014
Contact: Carlos Marroquin (323) 592-4663
OPEN LETTER TO GOVERNOR JERRY BROWN REGARDING THE $410 MILLION DUE TO STRUGGLING HOMEOWNERS FROM THE NATIONAL MORTGAGE FRAUD SETTLEMENT
Homeowners pressure Governor Brown to return the $410 Million he took from the National Mortgage Settlement --$18 billion-- in an attempt to balance the state budget
WHO: Homeowners, Occupy Fights Foreclosures
WHAT: Open Letter to Governor Brown released during a Occupy Fights Foreclosure rally and march in Sacramento CA at a Occupy National Gathering 2014
WHY: $410 Million due to California Struggling Homeowners
WHEN: August 1, 2014
Sacramento, CA — At the opening rally, Occupy Fights Foreclosures issued a open letter and hand delivered the letter to Governor Brown requesting that he give back the money he borrowed from the National Mortgage Settlement—$18 billion—to "balance" the state budget. This settlement money was expressly intended to compensate homeowners defrauded of their homes, and to help homeowners working desperately to save their homes. Instead, this money was used to balance a budget shortfall due to the economic collapse caused by the very banks involved in the settlement!
Contact Carlos Marroquin (323) 592-4663
Occupy Movement National Gathering come to CA State Capitol, Homeowners and Activists Rally and March to Demand Accountability and Help for Struggling Homeowners
1) To pressure Gov. Brown to give back the money he took from the National Mortgage Settlement -- $18 billion -- in an attempt to balance the state budget.
2) To insist that Keep Your Home California adjust their rules to allow more people to qualify for this program.
3) To speak with the head of Kamala Harris' Mortgage Fraud Strike Force to call them to account for their dismal record of prosecutions and waste of taxpayers' money. There will be a rally at 11:00 am on the steps of the Capital. Then the group will march from the State Capital building to Kamala Harris' Sacramento office.
4) To demand accountability of all the mortgage fraud investigations and settlements.
Homeowners fighting foreclosure or who've been defrauded by foreclosure and their supporters will be attending.
Occupy National Gathering 2014 July 31- August 3rd - Rally and March set for August 1st @ 11AM
Whereas: Our country has not experienced a foreclosure epidemic of the magnitude that we Mothers of America are currently experiencing since the Great Depression;
Whereas: The numerous and widespread atrocities committed against our families and our homes by the unconscionable practices of banks and mortgage servicers is well-documented;