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March 28, 2012
EMERGENCY EVICTION: Sheriff's Deputies came to try to evict a mother with a disabled child now for a fraudulent foreclosure at 2759 Rimpau Blvd, Los Angeles, CA 90016. Please come out and help save their home!
7:33pm/ Our member who was streaming got detained by the police and her livecast ended. <above coverage happened approximately from 6:18pm till 7:33pm>
OCCUPIERS RALLY AT STATE ATTORNEY GENERAL’S OFFICE AND WELLS FARGO Activists Gear up for Friday’s Foreclosure-Settlement Deadline and Upcoming Meeting with Wells FargoFebruary 03, 2012
PRESS RELEASE ADVISORY
WHO: Occupy Activists in Los Angeles
WHAT: Rally in Support of CA Attorney General Harris & Rally to demand Wells Fargo “Do the Right Thing”
WHEN: Friday, February 3, 2011 from 10am - Noon; Press Conference at 11am
WHERE: Outside of 300 & 333 S. Spring Street, LA (two blocks South of City Hall)
WHY: Friday is the last business day from the reported deadline for State Attorney Generals to join national foreclosure settlement; Monday Occupiers meet with 6 Wells Fargo Executives and 2 LA Community Leaders over CA & US foreclosure issues.
FOR IMMEDIATE RELEASE
OCCUPIERS RALLY AT STATE ATTORNEY GENERAL’S OFFICE AND WELLS FARGO
Activists Gear up for Friday’s Foreclosure-Settlement Deadline and Upcoming Meeting with Wells Fargo
LOS ANGELES – Members of the Occupy Movement in LA on Friday will hold a late morning rally outside the Los Angeles office of California State Attorney General and a Wells Fargo branch to address the foreclosure crisis.
Friday is the last business day before the reported deadline for states, via their respective Attorney Generals, to join a nationwide settlement with banks, including Wells Fargo, over allegedly deceptive mortgage and foreclosure practices. In addition, on Monday afternoon a handful of Occupy Activists will meet with Wells Fargo to discuss foreclosure-related concerns.
California State Attorney General, Kamala Harris, withdrew from negotiations with the nation’s biggest mortgage servicers and last week her office called the current settlement “inadequate for California”.
Many Occupy Activists agree with her assessment and want to encourage Harris to remain strong against attempts to lure California back to the table for what they see as inadequate negotiations surrounding the massive robo-signing scandal of which Wells Fargo has been implicated in. In the meantime, Seven Occupy Activists are gearing up to sit down at a boardroom table with executives from Wells Fargo late Monday afternoon to discuss foreclosure issues.
“We call on Harris to continue to represent the people’s interests over lenders’;” states Carlos Marroquin, a homeowner advocate and Occupy Activist, “Also, we call on Wells Fargo to do the right thing for homeowners.”
On Monday, February 6th, Occupy Activists will have an unprecedented meeting with Wells Fargo Executives. This meeting represents a first of its kind— since the Occupy Movement began on Wall Street in mid-September of last— where bank executives and occupiers will come together to discuss some of issues that prompted protests.
Representatives from Wells Fargo had approached members of Occupy the Rose Parade during the preparations for the Tournament of Rose Parade and Occupy Protest which drew over 5,000 Occupy supporters on January 2, 2012. Wells Fargo was the largest financial contributor of the parade and had two large floats in the parade procession this year.
The meeting with Wells Fargo comes just as 5 of the nation’s biggest mortgage servicers including Wells Fargo, along with Bank of America, JPMorgan Chase, Citigroup and Ally Financial, try to reach a settlement with State Attorney Generals and the Obama Administration.
Activists call on State, Federal, and Banking Representatives to impose a moratorium on all foreclosures, pending full investigations into lending institutions’ policies and practices that will reveal the extent of fraud on innocent homeowners.
California was one of the hardest hit states with one in every five U.S. foreclosures located in California. This means there are over 2.2 million expected foreclosures in the Golden State through the end of 2012.
The 2.2 million foreclosures are estimated to cost California homeowners, property taxes, and local governments $650 billion statewide. The multi-state settlement only totals $25 billion split between 5 banks. For some activists and State Attorney Generals this meager settlement amount does not come close to their expectations of accountability and consequence.
In addition, banks have in turn sought release from future claims.
Activists want to hold banks accountable for all improper lending and foreclosure practices not just limited to robo-signing but also predatory lending, origination, liars-loans, appraisal, MERS, securitization, insurance, credit-default swap, duel-tracking, modification, foreclosure, and any other fraud and abuse.
Activists demand Attorney General Harris, Wells Fargo, and other banks impose moratoriums and offer more immediate and long-term relief to innocent borrowers by way of principle, interest, and payment reductions in keeping with the changed market values of homes and reduced income of homeowners who have been hurt by the country’s severe employment and economic crises.
Los Angeles, which has been hit particularly hard, has nearly 80,000 homeowners underwater by $7.3 billion. According to a report put out by Alliance of Californians for Community Empowerment (ACCE) and California Reinvestment Coalition (CRC), if the banks wrote down those mortgages, it could pump $780 million into the local economy and spur 11,353 jobs. Overall, Los Angeles homeowners are estimated to lose $78.8 billion in home values as a direct result of the 200,000 foreclosures from 2008-2012.
# # #
For more information please contact Cheryl Aichele 310-912-3494
OCCUPIERS TO SAVE SOLDIER’S HOME AS BANKS GET SWEETHEART DEAL WITH SETTLEMENT Members of Occupy Rally around Army Sargent Less than a Week after Super Settlement AnnouncedFebruary 13, 2012
PRESS ADVISORY & RELEASE
WHO: Sargent Anthony Chavoya, his family, and Occupy Activists
WHAT: Disrupt Auction of Chavoya’s Foreclosed Home
WHEN: Tuesday, February 14, 2012 at 1pm
WHERE: Chino Civic Center at 13220 Central Ave, Chino, CA
WHY: BANKS BREAK HERO’S HEART by taking his family home.
FOR IMMEDIATE RELEASE
OCCUPIERS TO SAVE SOLDIER’S HOME AS BANKS GET SWEETHEART DEAL WITH SETTLEMENT
Members of Occupy Rally around Army Sargent Less than a Week after Super Settlement Announced
LOS ANGELES – Sargent Anthony Chavoya, an active-duty member of the Army National Guard, contacted members of Occupy LA to help save his home from foreclosure. Sargent Chavoya’s home goes to auction on Valentine’s Day at the City of Chino Civic Center at 1pm after his bank, Wells Fargo, and other big banks negotiated a sweetheart deal with 49 state Attorney Generals for foreclosure fraud.
Sargent Chavoya has served in the Army for 14 years and has done a total of 3 tours, 2 tours in Iraq and one in Kosovo as an infantryman.
Sargent Chavoya contacted Carlos Marroquin, a homeowner advocate and Occupy LA member, after his father saw Marroquin on the news last week after an unprecedented meeting between Wells Fargo Executives and Occupiers.
Marroquin, a veteran who has lost over $300,000 in his own foreclosed home, immediately contacted Chavoya’s Congressman, Buck McKeon, who happens to chair the Armed Services Committee in Congress.
Details also emerged, February 12, from Congressional investigators that Rep. McKeon received a cut-rate mortgage loan from Countrywide as a VIP favor directly from CEO Angelo Mozilo. In contrast to infantryman Chavoya's foreclosure and pending sale, Rep. McKeon was given a favorable rate, no fees, and wasn't required to provide any documentation of ability to pay.
The Occupy movement has declared Valentine’s Day, “Break Up with Your Bank Day” with actions planned in LA and across the county. Members of Occupy LA are reaching out to Occupy groups closer to Chino to help with this specific case.
Occupy also quickly looked into securing legal representation for Sargent Chavoya. The attorney that Chavoya retained and paid has not returned his calls since receiving payment. Occupiers will help Chavoya file appropriate complaints against the lawyer with the State Bar Association and additional complaints with other agencies that may be able to help him.
Sargent Chavoya is married with two sons and his oldest son will celebrate his 8th birthday the day after the auction. Chavoya’s youngest son is only 5 years old and will have a birthday March 20th.
“Hopefully, we can help make his son’s birthday a happy celebration,” said Marroquin, whose own foreclosure ruined his marriage and strained his relationship with his own children. “The banks are breaking hearts and destroying families. We must come together to stand against them.”
A mix up in military pay schedule caused Sargent Chavoya to fall behind in his mortgage payments when he returned from Kosovo.
“In May of 2010 when I had returned from overseas in Kosovo the military had a mix-up in pay and skipped one of my paychecks. By the time my paycheck had finally gotten to me and my new stateside pay— which is substantially lower than overseas pay— had kicked in I was already two months behind on my house payment,” states Chavoya.
Sgt. Chavoya can now make mortgage payments but Wells Fargo refuses to work with him.
At the time, Wells Fargo wanted $4,090.55 in full to bring the family current – an amount that included high late fees. Sargent Chavoya asked Wells Fargo to help by removing the late fees and deferring the past due amount. Wells Fargo refused.
Sargent Chavoya applied for a loan modification by filling out all the requested paperwork and returning it to the bank. Well Fargo told Sargent Chavoya that they did not receive some of his paperwork. So, he resent the forms again. Wells Fargo continued to say they never received his paperwork after he sent it repeatedly.
“They kept saying they did not receive the paperwork we had sent them,” states Chavoya, “and they told us we were being uncooperative by not making the payment we had owed them in full -- by this time the amount due was well over $7,000.00.” Chavoya continues, “After months of going back and forth with them sending them paperwork and them telling us they had not received it we had given up.”
Sargent Chavoya was never able to catch up and the banks set a sales date by auction on Valentine’s Day, one day before their son’s birthday. Chavoya despairs about taking his children away from their family home and prays for help.
# # #
Contact: Cheryl Aichelle 310-912-3494
OCCUPY LA FIGHTS FORECLOSURES ON FRIDAY THE THIRTEENTH Occupiers Rally against Auctioneer and Bank that Profit from Foreclosures and Evictions in Los AngeleJanuary 13, 2012
WHAT: Auction Disruption & Rally
WHEN: January 13, 2012 assemble at 9am; march at 9:30am
WHERE: Assemble at Pershing Square then march to Sheraton 711 S. Hope Street
WHO: Occupiers, Homeowner Advocates, Community Activists, Religious Leaders, the Parkers and Chaplin Herrera
WHAT: Rally and Press Conference
WHEN: January 13, 2012 from 11am - 1pm
WHERE: 400 S. Hope Street
FOR IMMEDIATE RELEASE
OCCUPY LA FIGHTS FORECLOSURES ON FRIDAY THE THIRTEENTH
Occupiers Rally against Auctioneer and Bank that Profit from Foreclosures and Evictions in Los Angeles
LOS ANGELES – Members of Occupy Los Angeles hope to create a day of bad luck, this Friday the 13th, for Auction.com and Bank of New York Mellon who profit off of the foreclosure of LA families.
Occupy LA (OLA) targets the auction company because it sells problematic foreclosed homes and OLA targets Bank of New York Mellon for their questionable mortgage transgression against American families and for going to court this week to try to evict Occupy Pittsburgh from their encampment.
Both companies profit from foreclosures on Angelenos like a 79-year-old retired school teacher, Faith Parker of South Central, and on 63-year-old Chaplain Bertha Herrera of Van Nuys. Member of Occupy LA have rallied around these two elderly women to protect them from such wrongful and harmful actions.
In a how-to video at Auction.com, the narrator says Action.com works “in conjunction with some of the largest financial institutions”. Bank of New York Mellon (BNYM) is one of the world’s largest in its field
BNYM has foreclosed upon both Parker and Herrera. BNYM even evicted the Chaplain last week. Members of OLA were at her home when the Sheriff’s Deputies entered the home with weapons drawn
Friday the thirteenths have long been associated with Wall Street and Stock Market crashes. In 1907, Boston stockbroker Thomas Lawson published a book called Friday the Thirteenth, which told of a devious broker’s endeavor to take advantage of the superstition to create a Wall Street panic.
Members of Occupy Los Angeles (OLA) believe that Bank of New York Mellon (BNYM) has created its own panics with Americans and Occupiers through foreclosures and evictions.
This week, BNYM went to court in Pennsylvania with a lawsuit to make Occupy Pittsburgh’s anti-wall-street protesters leave a downtown bank-owned green space, known as Mellon Green. In court testimony, BNYM claimed they feared a confrontation with the Occupiers in Pittsburgh.
To aid a nationwide confrontation between BNYM and the Occupy Movement, OLA has reached out to other occupations in each one of the cities that BNYM has offices in and invited them to join in on their Friday-the-13th-day-of-bad-luck protests against BNYM.
These protests come as BNYM works out a settlement with the U.S. Attorney’s office to settle a lawsuit accusing the bank of overcharging customers and pension holders on foreign currency transactions.
U.S. prosecutors have sued BNY Mellon for defrauding public pension funds of $2 billion over 10 years. The U.S. Attorneys are joined by State Attorney Generals and other officials in Virginia, Florida, Massachusetts, and some California counties, including Los Angeles, that have filed similar complaints. BNYM has already agreed to pay $1.3 million in damages to three of the states.
Occupiers remain determined to hold BNYM and Auction.com accountable for all their frauds.
*This press release has not gone in front of Occupy LA’s General Assembly for consensus therefore it is not an official statement from Occupy LA but was prepared by individual members of Occupy LA.
OCCUPY PROTESTERS HELP ROWLAND HEIGHTS FAMILY SAVE HOME Members of Occupy LA got a last-minute notice from a family in need and RespondFebruary 21, 2012
FOR IMMEDIATE RELEASE
WHO: The Acosta Family and Occupy Activists
WHAT: Protect family from wrongful eviction
WHEN: Tuesday, February 21, 2012 at 5pm
WHERE: 18162 Gallineta St. Rowland Heights, CA 91748
WHY: 99% of foreclosures have questionable activity, 84% have a clear violation of the law, and over 2/3rd have four or more violations
OCCUPY PROTESTERS HELP ROWLAND HEIGHTS FAMILY SAVE HOME
Members of Occupy LA got a last-minute notice from a family in need and Respond
LOS ANGELES – A Rowland Heights family reaches out to members of the Occupy Movement to help save them from Sheriff Eviction after paying several people for legal services and support and getting nothing for it.
Eduardo Acosta, a grandfather housing his family, contacted Ben Fisher of Occupy Long Beach on Monday Night. The Sheriff’s Department had posted an eviction notice on the property for Tuesday. Fisher contacted Matt Ward, a Member of Occupy LA.
Ward took action to get member of Occupy Fights Foreclosure (OFF) team ready to help in any way they can.
Acosta originally fell behind in payments while his wife fell ill and Acosta his usual overtime pay with the downturn in the economy. The reduction in pay coupled with the medical bills and an adjustable-rate mortgage made it difficult for the Acosta’s to keep up with the monthly payments which went from $1,600 to $2,000.
Acosta applied for a loan modification due to the change in income, medical bills, and the high interest rates.
While the banks were reviewing the Acostas’ loan modification, they were also proceeding with the foreclosure process. The banks denied a loan modification and the banks foreclosed upon the Acostas.
“It’s been stressful since we got the letter,” said Eduardo Acosta. “We couldn’t sleep. We were up late hours thinking, what are we going to do with our family?”
Acosta lives with his wife, two adult children, a son-in-law, and two grandchildren.
Last week the San Francisco County Recorder released an audit report that had 99% of the foreclosures with questionable activity, 84% with clear violations of the law, and over 2/3 with four or more violations of the law.
“Where there is smoke, one naturally expects to find fire but what this report uncovers is another inferno,” states Phil Ting, San Francisco County Recorder, at a press conference announcing the results of the audit, “Many of these actions, if not all of these actions, render many of these foreclosures invalid.”
Advocates are asking for a moratorium on foreclosures and evictions until a full investigation can be completed.
“We are here for the purpose of stopping the eviction of this family,” said Carlos Marroquin, a homeowner advocate and Occupy LA activist. “We believe the foreclosure has been done in a wrongful way.”
Marroquin has helped create Occupy Fights Foreclosure and was 1 of 7 Occupy Activists that sat down with 6 Wells Fargo Executives on Monday, February 6th to discuss the foreclosure crisis.
Acosta has paid two separate individuals to help him through this process. Both took the money he scraped up but were not able to help him in any tangible way.
“I’m sure there are a lot of people going through this,” Acosta said. “Let’s step up and help each other out.”
* This event and press release have not been approved by any Occupy group’s General Assembly.