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COVERAGE: Back-to-Back Shutdown on Wells Fargo Bank


by Photography-Journal.com

On the morning of February 27, 2013, regardless of our short notice, several of our members of Occupy Fights Foreclosures protested in solidarity with ACCE, Alliance of California for Community Empowerment against one of the major foreclosure spearheads, Wells Fargo one branch after another in Los Angeles Downtown.

Protest Locations:
Gathered at 10:30am at Figueroa St & 7th, we protested at Wells Fargo branches 1) Figueroa St & Olympic Blvd. 2) Wilshire Blvd & Lucas St. 3) 333 S. Grand Ave. (history museum) 4) N. Hill St. & Bernard.

Photography Journal | A Day of Action Against Wells Fargo Bank

...This Day of Action was organized by ACCE and supported by Occupy Fights Foreclosures activists. Carlos Marroquin, a core member of Occupy Fights Foreclosures said "we organized this day of action against Wells Fargo bank because Wells Fargo refuses to work with the families. Wells Fargo continues to mislead homeowners while many other banks are already working with the families".

At 11:am activists marched to Wells Fargo branch located on the intersection of Figueroa Street and Olympic Blvd. Activists went inside the branch demanding the branch manager to Fax the letter of their demands to the CEO of Wells Fargo bank, John Stumpf. The protesters refused to leave the building until they saw the proof that their Fax being send. An activist from ACCE and a core organizer for the Day of Action Against Wells Fargo bank Melvina Bogan said "We are not leaving here until you Fax that letter to the CEO". Activists continued chanting "Fax that letter, Fax that letter…". After about 15 minutes the letter was faxed and protesters peacefully left the bank, chanting "we'll be back, we'll be back…"


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F26: Avalanche of Protest Calls on Deutsche Bank America CEO Jacques Brand

Our new action needs everyone of you to call on this upcoming Tuesday to save SoCal's longest foreclosure resistance, the Lucero Family from Deutsche Bank's fraudulent foreclosure. Please Mark Your Calendar to take part of this Avalanche of Justice to overload Deutsche Bank America's phone line!
GET all the details HERE: http://www.occupyfightsforeclosures.org/call_to_action_f26_flood_deutche_bank_phonelines

4748/4750 Hammel Street, Los Angeles, CA 90022

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N29 Direct Action Against Deutsche Bank for Lucero Family! Recap

WATCH: USC Annenberg TV News coverage on Occupy Fights Foreclosure's brave direct action on November 29th, 2012 (click the post title or the following linkhttp://www.kaltura.com/index.php/extwidget/openGraph/wid/0_lhkm4yjg

Protest to Save 4750 - 4748 Hammel Street, Los Angeles, CA 90022 from Stealing

Pueblo Lucero (#FortLucero) is located at 4750 - 4748 Hammel Street, Los Angeles, CA 90022 resisting Deutsche Bank's fraudulent foreclosure
Facebook Event page: https://www.facebook.com/events/326832597424468/
Photo Gallery: https://www.facebook.com/media/set/?set=a.3982354840021.2143325.1315217726
Pueblo Lucero Homepage: https://www.facebook.com/FortLucero

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ACTION Coverage: Shut Down Bank of America, Stop Fraudclosure!

Exclusive coverage of our protest, "Shut Down Bank of America, Stop Foreclosures" from independent photo journalist, Natasha Petrosova

Article, Videos & Photos by Natasha Petrosova

Soledad Corona, a recent victim of fraudulent foreclosure holds the sign.

Occupy Fights Foreclosures Protests in front of Bank of America on Wednesday, February 20.

Los Angeles, CA- Occupy Fights Foreclosures activists and homeowners gathered in front of Bank of America branch on North Vermont Street at 12:00pm on Wendesday, February 20. The activists and homeowners held their signs and marched in a circle chanting "B.O.A how many homes did you steal today…. Bank of America, Bad for America". The demonstration lasted for about two hours. 

Josephina Perez, a recent victim of fraudulent foreclosure came to participate in a protest with her 3-year-old grandson, Jesus and her husband, Jose Perez. Mrs. Perez said that she was trying to modify her loan with Bank of America but Bank of America repeatedly claimed that they never received her paperwork. Eventually, Bank of America foreclosed on a house and Mrs. Perez and her family, including two small children, Jesus, 3 and Nalanie, 5 were forced to live on the streets. Mrs. Perez said that they lived on the streets for three weeks. "We slept on the street, we used public bathrooms . I even gave children a bath right on the street. Many times the children wanted to go to the bathroom and could not wait for us to drive around to find one, so they would end up going to the bathroom right on the street" Mrs. Perez added crying.

Sherry Hernandez, another victims of bank's fraudulent practices also came to participate in a protest this Wednesday afternoon. Mrs. Hernandez is still fighting to keep her home. "We bought a house in 2006. It had to be our retirement home. We did not plan to make low payments. We wanted a conventional loan, but Countrywide pushed us to take 2% loan. After 4 months our payments got raised by $800" she said. "We were trying to get a loan somewhere else but Countrywide would not release our loan saying that we have 3 year repayment penalty that we never signed for" Mrs. Hernandez added. Eventually Mrs. Hernandez was able to get a new loan with City Mortgage, but two moths later her loan got sold to PennyMack and her troubles started again. Mrs. Hernandez is still fighting to keep her house.

Occupy Fights foreclosures activists and homeowners stood in front of Bank of America this Wednesday afternoon demanding justice. They called for Bank of America to start working with the families and end fraudulent foreclosure practices. "Housing is a human right !" activists shouted.

Protesters march in circle in front of Bank of America branch on North Vermont Street in Los Angeles, CA.

Visit photography-journal.com for more photographs from the scene!

Also, here's our own original photo slideshow from this action (Flash plug-in required)


http://www.flickr.com/photos/occupyfightsforeclosures/sets/72157632829359124/


permlink | Event page on Facebook | Press Release

 

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Seven Ways Foreclosures Impact Communities

quote:
The negative impacts of foreclosure on communities are far reaching. Although little formal data exists on this subject, local news accounts and reports from local officials paint a multifaceted picture. Not only are people losing homes, but also communities are suffering economically, physically and socially. This report mainly focuses on areas that are hardest hit: metropolitan areas and their suburbs. We have identified the following seven impact areas for foreclosure.

1. Communities Suffer From Increased Crime

The burglary and stripping of abandoned homes, a rise in violent crime. In Buffalo, New York, over the past two years, “at least seven dead bodies, some of them crime victims, have been discovered in or around vacant buildings.” Illicit activities, like drug dealing, increase. A study in Austin, Texas, found that “blocks with unsecured [vacant] buildings had 3.2 times as many drug calls to police, 1.8 times as many theft calls, and twice the number of violent calls’ as blocks without vacant buildings.”

2. Communities Take Financial Hit

Individual homeowners are not the only ones suffering financially from the foreclosure crisis. Communities and local governments experience spillover effects that result in a reduction of their annual budget. The lower property values caused by foreclosed homes lead to a smaller tax base.

3. Community Members Are Vulnerable to Financial Scams

4. Youth Experience Stress and Instability

5. Displaced Residents Struggle to Find Shelter

When thousands of people are losing their homes, where do they move? According to the National Coalition for the Homeless, “76% of displaced homeowners and renters are moving in with relatives and friends. About 54% are moving to emergency shelters. About 40% are already on the streets. Nearly 61% of local and state homeless coalitions say they've seen a rise in homelessness since the foreclosure crisis began in 2007.”

6. Communities Are Blighted by Neglect

When homes are abandoned because of foreclosure, the properties and communities begin to deteriorate. Garbage, unmowed lawns, pests and dilapidated roofs and porches are eyesores. The lack of care can change the entire atmosphere in a community. The people who remain may have feelings of loneliness, fear and frustration. To make matters worse, potential buyers find conditions like these unattractive, turning them away and leaving empty homes remaining.

7. Minorities Are Impacted Disproportionately

Although all ethnic groups have been affected by foreclosure and subprime lending, minority communities have been hit particularly hard. According to a 2008 report by the nonprofit policy center United for a Fair Economy, “the foreclosure crisis will result in the greatest loss of wealth for people of color in recent U.S. history.” The report estimates that “black borrowers will lose between $71 billion and $122 billion, while Hispanic borrowers will lose between $76 billion and $129 billion (Rivera 2008).”

:end of quote

source: Vidmar, C. (2008). Seven ways foreclosures impact communities. Retrieved from http://www.nw.org/network/neighborworksprogs/foreclosuresolutions/reports/documents/7ForeclosureImpacts.pdf


To summarize

  1. Communities Suffer From Increased Crime
  2. Communities Take Financial Hit
  3. Community Members Are Vulnerable to Financial Scams
  4. Youth Experience Stress and Instability
  5. Displaced Residents Struggle to Find Shelter
  6. Communities Are Blighted by Neglect
  7. Minorities Are Impacted Disproportionately

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[Press Release] OCCUPY FIGHTS FORECLOSURES TO PROTEST AGAINST BANK OF AMERICA FOR CONTINUING TO PUSH FAMILIES, THE SICK AND THE ELDERLY INTO THE STREETS

MEDIA ADVISORY
IMMEDIATE RELEASE

WHO: OCCUPY FIGHTS FORECLOSURES, Victimized homeowners
WHAT: Protest against Bank of America’s continuing fraudulent foreclosures
WHEN: Wednesday, February 20 at 12 noon
WHERE: 1715 North Vermont Ave. Los Angeles 90027
VISUALS: Homeowners who have been victimized by B of A, signs, banners

LOS ANGELES, CA –In the face of Bank of America’s refusal to work with thousands of homeowners who have been the victims of predatory lending, and fraudulent servicing and foreclosures, Occupy Fights Foreclosures will be holding a protest by homeowners outside of Bank of America in Hollywood this Wednesday at 12:00 pm.

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OCCUPY FIGHTS FORECLOSURES SPEAKS OUT ON STATE OF THE UNION AND THE REPUBLICAN RESPONSE AS A FAILURE BY BOTH PARTIES TO THE AMERICAN PEOPLE IN THE ONGOING FORECLOSURE DISASTER

WHO: President Obama, Senator Rubio, Occupy Fights Foreclosures
WHAT: State of the Union by President Obama to the joint session of the United States Congress and the Republican response to the State of the Union address
WHEN: February 12, 2013
WHY: Obama stated in his State of the Union address: “It is our unfinished task to restore the basic bargain that built this country – the idea that if you work hard and meet your responsibilities,you can get ahead, no matter where you come from, what you look like, or who you love.” Yet millions of American families are suffering from the inequitable injustice of predatory loans and fraudulent foreclosures that is still not being addressed.

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Everything you need to know about Quiet Title

Everything you have always wanted to know about Quiet Title! John Stuart, who wrote the book Quiet Title, is today's guest at CJ Holmes, a anti-foreclosure activist!  Don't miss it!

Click the blog title to view here, or go to http://new.livestream.com/accounts/2292674/events/1752571/videos/11543148

Questions? skype to CJHOLMES11, call (707) 578-5727 or email HOFJ@cjholmes.com

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[BREAKING NEWS] 93-year-old Hilda's Eviction (Unlawful Detainer) Case Dismissed

[BREAKING NEWS] 93 year-old woman's eviction (unlawful detainer) case was dropped! YES!!!!!! Congratulations Hilda! The detailed report from http://www.gofundme.com/helphilda is as follows:

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Occupy Fights Foreclosures New Facebook Pages: Richard Castaldo & Spanish Page

Hello friends, supporters and FORECLOSURE FIGHTERS,

We would like to thank you for your continuing support in helping keeping families in their homes and for taking a stand against the abuses of the financial institutions that have hurt so many families.

Richard Castaldo, a Columbine survivor is fighting to keep his home now in foreclosure. We at Occupy Fights Foreclosure are standing with him and will fight with him to keep him from further actions and eviction. Please support and follow Richard's case on Facebook.

https://www.facebook.com/pages/Save-Richard-Castaldos-Home/475238229209827

We will be planning several actions to bring more attention to his case and demand that Wells Fargo make it right with Richard and work with him. More information will follow regarding the actions that will be taking to help Richard.

Occupy Fights Foreclosures has added Spanish Meetings on Tuesdays from 7-9pm. We have added a Facebook page in Spanish that can be shared with homeowners so that they can get information in their language.

https://www.facebook.com/OccupyPeleaEmbargos

Thank you for your continuing support and efforts in keeping families in their homes.

For more information regarding this email please call (323) 592-4663

—Occupy Fights Foreclosures

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Why stay home when you can save a home?
Occupy Fights Foreclosures, affiliated with OccupyLA, stands up against the nationwide foreclosure crisis. We support, educate and empower homeowners at risk to save their homes from fraudulent foreclosure.