(originally posted on 2013-01-22: updated & reposted on 2013-01-31: corrected on 2013-02-01)
Occupy Fights Foreclosure has been working with Richard Castaldo to save his condo from foreclosure. Here are some press coverage on this case.
“Castaldo fought for his life 13 years ago in Colorado and will spend the rest of his life in a wheel chair. Now, he is fighting to keep his condominium in Southern California. Like millions of Americans, he is about to lose his home to foreclosure.” — NBC Los Angeles
Many thanks to Suzanne for her long-term commitment to overseeing helping Hilda fight for her home. It's easy to forget the efforts and contributions of those who do what in many times is the hardest thing: sticking with a task and quietly seeing it through to a just completion. Many thanks for your service and effort, Suzanne, and endless love and soldarity for Hilda.
(The following is from one of our members, Suzanne who is primarily in charge of this case:)
Thank you to all who have supported Hilda's efforts to save her home! Thanks to your support we were able to hire an Unlawful Detainer attorney who has been very, very helpful. Unlawful Detainer court deals with matters of eviction -- it was designed for tenant / landlord issues, but it is unjustly where wrongfully-foreclosed homeowners end up.
Currently at Santa Monica Courthouse, Hilda is going to her trial in UD court.
Yes, we are living in a country that forces a limited-mobility 93-yr-old to go to court to defend herself from predatory criminals who are using their money-power to buy themselves out of jail.
Yesterday, we discovered -- with the help of our attorney and the bankruptcy attorney who referred him to us -- that the bankruptcy judge who granted the bank (Aurora Loans aka Lehman Bros) a "relief from stay" from Hilda's bankruptcy, also ordered that the bank could NOT do a foreclosure sale before July 31, 2012.
The eviction action she faces tomorrow comes out of a foreclosure sale that the bank did -- in violation of Hilda's bankruptcy stay -- on December 6, 2011. This direct violation of the BK judge's order is yet another reason that the foreclosure sale is VOID.
Who: Soledad Corona, Occupy Fights Foreclosures Activists, Attorney Lenore Albert, Community Leaders What: Court appearance and announcement of federal class action (case No: 12-cv-2189-CAB (KSC)) against major banks for foreclosing, evicting homeowners during "Holiday Moratorium" 2009-2012 *PRESS CONFERENCE FOLLOWING COURT APPEARANCE When: Tuesday January 22, 2013 @ 8:30am Where: Los Angeles Superior Court, 111 North Hill St, Los Angeles, CA 90012, Dept 77 (Stanley Mosk) Why: Homeowners continue to be victimized and abused by major banks; LAPD involvement in civil cases/foreclosures utilizing taxpayers' money to evict families.
Single Mom Twice Wrongfully Evicted Announcement of federal class action lawsuit filed against Bank of America and other major banks for wrongfully foreclosing/evicting on families during "Holiday Moratorium" on foreclosures
Los Angeles - B of A's lackeys, the L.A.P.D., wrongfully evicted the Corona family Friday, Jan 18th at around noon. Soledad's teenaged daughter, Victoria, was the only one home at the time and they told her she had to leave immediately. This is the SECOND time the Corona family has been evicted during the so-called "Holiday Moratorium" on foreclosures and evictions announced by major banks. The LAPD claimed they were "trespassing" in their own home. One officer allegedly said there was an arrest warrant for Soledad Corona, although they denied this later that evening.
From 7pm of Friday, January 18th, 2013, we held a press conference at 2200 Daly St. Los Angeles, CA 90031 to denounce the lies, deceit, and business practices of Bank of America and to also denounce the LAPD involvement in the case of Soledad Corona's fight to keep her home.
Jan. 9, 2013. Occupy Fights Foreclosures openly denounced the Office of the Comptroller of the Currency and the Federal Reserve possible settlement of $10 Billion with those responsible for the "Crime of the Century" by protesting at California State Attorney General Kamala Harris Los Angeles Field Office.
Press Conference (uncut raw voices of homeowners and foreclosure fighters)
1. That people were the victims of crimes by the banks that foreclosed 2. That most homeowners didn't know about the review of 2009-2010 foreclosures 3. That the reviews were done by consultants hired by the banks 4. That the settlement lets banks escape prosecution for their crimes 5. That the settlement will put only a fraction of the money homeowners are entitled to in their pockets.
Compare the paltry $2000 per homeowner payout with the amounts regulators said they were due: "This is a far cry from the possible penalties outlined last year by the federal regulators requiring these reviews. For instance, regulators said that if a bank had foreclosed while a borrower was making payments under a loan modification, it might have to pay $15,000 and rescind the foreclosure. And if it couldn’t be rescinded because the house had been sold, the bank could have had to pay the borrower $125,000 and any accrued equity."
Surprise, Surprise: The Banks Win By GRETCHEN MORGENSON Published: January 5, 2013
IF you were hoping that things might be different in 2013 — you know, that bankers would be held responsible for bad behavior or that the government might actually assist troubled homeowners — you can forget it. A settlement reportedly in the works with big banks will soon end a review into foreclosure abuses, and it means more of the same: no accountability for financial institutions and little help for borrowers.
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.