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[Press Release] 2013: OCCUPY OUR HOMES - IT’S NOT ALL ROSES FOR THE BANKSTERS' VICTIMS

WHO: Occupy Fights Foreclosures Activists, Southern California Homeowners
WHEN: Tuesday, January 1st, 2013
WHERE: 2013 Rose Parade, Pasadena, CA., Occupiers and Participants will be meeting at Singer Park 250 West California Blvd. Pasadena, CA. starting at 6am
WHY: To shed light on the continuing abuses by major banks who fraudulently foreclose on thousands of homes, breaking up families and destroying the economy.
WHAT: Occupy Fights Foreclosures will be presenting an unofficial float: “Occupy Our Homes, It’s Not All Roses For the Banksters Victims.” Homeowners will march the parade route with large banners, umbrellas, Fraudclosure Wagon (float) and 10' Monopoli Banker

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Foreclosure 101: Change the Conversation

Before you blame the homeowner... Look at the banks’ fraud! Here's a list of Myth Breakers:

People bought too much home.
Banks over-appraised homes and gutted underwriting rules so they could write big, high-rate loans that made the banks the most money on Wall Street.”

These people are deadbeats and freeloaders.”
Banks told families they had to stop paying their mortgage to qualify for a loan modification. Banks pretend to do loan mods—after a default, banks get insurance money and they start to foreclose behind the families’ backs.”

People should know what they sign.”
Banks used pressure tactics to get docs signed fast. Banks changed documents after they’d been signed—they even used white-out and tore out key pages such as a co-signer.”

People need to take personal responsibility for their finances.”
Banks need to take personal responsibility for their system-wide felony fraud.” “Banks need to compensate families for the millions of homes they've stolen.”

Homeowners just want a free house.”
Banks want millions of free houses so they can resell them and restart their casino.” “Banks need the houses back to clear the fraud on their books and redo lost paperwork.”

Homeowners used their house as an ATM.”
Banks used the American people’s homes as their trillion dollar ATM.”

Download and print this list as a PDF file (90 KB)

99% of foreclosures were questionable, 84% had clear violations of law, and over 66% had four or more violations in a recent audit by the San Francisco County Assessor-Recorder’s office

Seriously, did you really think American People were going to let banks get away with this? That is why we call nation-wide foreclosure moratorium and thorough investigation of each case!

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Fraudclosure 101: Mortgage & Foreclosure Fraud

A brief timeline of mortgage and foreclosure fraud in 3 stages(EndMiddle, Beginning). It explains how banks used fraud as a business model to guarantee record profits and steal a nation’s worth of homes (This list is partial. There’s more fraud than can be listed here, but you get the idea.) 

End Fraud

DUAL-TRACKING Fraud: Banks tell homeowners to default to qualify for a loan modification, but use that default to start foreclosure

LOST-PAPERWORK Fraud: Banks repeatedly “lose” loan mod paperwork to delay homeowner until banks get insurance payout for default

PILE-ON-FEES Fraud: Banks add extra fees onto mortgage payments that homeowners can’t pay to keep foreclosure continuing

FAKE-DOCUMENTS Fraud: Banks hire “document mills” to fabricate completely fake loan documents so foreclosures appear legal

ROBO-SIGNING Fraud: Banks robo-signed fraudulent documents, creating sweatshop-style signing factories

MAIL Fraud: Banks backdate documents, eliminate dates on mail stamps, and falsify serving of legal paperwork

AUCTION Fraud: Banks “sell” properties at auction whose chain of title is broken and that banks have no legal claim to

SELL-TO-THEMSELVES Fraud: Banks sell properties to themselves—a scam called self assignment

TITLE Fraud: Title insurance companies have been giving title insurance to properties whose chain of title is broken 

CASH-FOR-KEYS Scam: Banks intimidate homeowners, ignore due process, time evictions over holidays and offer bribes just to give up

COURT Fraud: Courts regularly dismiss fraud cases, attorneys refuse to take cases or pressure families to leave their home

Middle Fraud

WALL STREET GAMBLING Scam: Banks immediately sold mortgage notes to Wall St, who used them to create Mortgage Backed Securities (MBS) -- Wall St used these essentially as casino chips to trade, sell and bet with other people’s money. They kept profits when they won, and got bailout and insurance money when they lost.

RATINGS Fraud: Banks got ratings agencies to give AAA, investment-grade ratings to MBS and other financial products filled with toxic loans

RECORDING Fraud: Banks created MERS (Mortgage Electronic Registration System) to evade laws that require all sales to be publicly recorded, and to cheat communities out of millions in fees

CHAIN-OF-TITLE Fraud: With MERS, banks threw out 400 years of property law and broke the chain of title on millions of properties — ALL neighboring properties will now need to litigate to decide property boundaries if there’s ever a dispute

SECURITIES Fraud: Banks knew the securities they were selling were toxic, but lied so they could unload toxic securities onto pension plans (Goldman Sachs called unsuspecting clients “muppets”)

INSURANCE Fraud: The financial industry created unregulated insurance called credit default swaps (CDS) to “insure” the bad financial products they were buying and selling

DERIVATIVES Scam: Banks used derivatives — also unregulated — to bet against the bad financial products they’d just sold to pension plans. They bet that products they’d just sold would fail, knowing that they would.

Beginning Fraud

PREDATORY LENDING Fraud: Banks targeted homes and borrowers who would fit the types of high-rate loans banks needed for their scheme to work. Every communty was hit, but communities of color were hit especially hard

APPRAISAL Fraud: Banks leaned on appraisers to hike up appraisals so a home that was really worth $100,000 was soon appraised for $200,000. Banks kept blacklists of appraisers who refused to go along

TRUTH-IN-LENDING Fraud: Banks purposely pushed bad, high-rate loans even when borrowers qualified for better loans

ORIGINATION Fraud: Banks wrote up false financial statements for borrowers to meet the loan profiles needed for the scheme. Lenders (not borrowers) put the “lie” in liars loans

GOTTA-SIGN-NOW Fraud: Banks used high-pressure tactics to push borrowers to sign immediately, before borrowers could read or check documents

LOSE-THE-DOCS Fraud: Banks lost or shredded legal documents, so there wouldn’t be evidence to prove fraud later

MONEY-OUT-OF-THIN-AIR Scam: Banks don’t have the money to loan to begin with. The money is created out of thin air once the loan is made

Download and print this list as a PDF file (90 KB)

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Casa Corona Call to Action

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Interview with Sole Corona on Christmas Day 2012 in Lincoln Heights

Interviewed on December 25th, 2012

by OOCAnaheim

UPDATE 2012-12-28: Casa Corona's Facebook page has been launched this week! Don't miss it! Subscribe to get our latest update right on your wall feed! 
https://www.facebook.com/OccupyCasaCorona

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Fort Hernandez Can Get Evicted Today

The bank told the Hernandez family that the eviction at Ft. Hernandez by Sheriff was set for today December 24th, 2012. Yes, potential eviction is happening on Christmas Eve. People at Fort Hernandez would like legal observes, regular observers to witness. Although it isn't our official action, our members want to stand in solidarity with Fort Hernandez, located at 14620 Leadwell St. Van Nuys, CA 91405

UPDATE: They're having Posadas @ FuerzaHernandez on Dec. 24 at 10AM ~ Dec.25 at 3AM PST

The following communication is from Fort Hernandez Facebook page:

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Occupy takes back home after Bank of America breached their Holiday promise

WHO: Occupy Fights Foreclosures Activists, Soledad Corona (single mom), Lincoln Heights Community
WHEN: Sunday December 23, 2012 at 5PM
WHERE: 2200 Daly Ave, Los Angeles, CA 90031
WHY: Bank of America Breaks Promise of "NO EVICTIONS AND FORECLOSURES DURING HOLIDAYS", evicts single mom on Dec. 14 and refuses to talk with representatives from Occupy LA, Occupy Fights Foreclosures
WHAT: Soledad Corona is joined by members of Occupy LA to take back her home as a protest of Bank of America wrongful eviction
Contact: Carlos Marroquin (323) 592-4663

Occupy breaks locks takes back home in response to Bank of America breaching their promise to not evict families during the holidays

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We Occupied Corona Family Home Foreclosed by Bank of America!

Today, December 23rd, 2012, Occupy Fights Foreclosures broke locks and opened the foreclosed home of the Corona family for their stay home in Lincoln Heights (2200 Daly St. Los Angeles, CA 90031) during the Holidays.


source: CBS Los Angeles

Bank of America had announced in November that they would avoid foreclosures during the Holidays. It turned out a blatant LIE. BoA continued their assault against families like the Corona family by fraudulently evicting them and none of 10 BoA officials we spoke in last few days, who continued to downplay their actions, gave us any reason why they broke their promise not to.

The Corona family has been involved in a fight for their home since 2009. Soledad Corona, a single mom, was given a loan modification. Yet, after sending her first payment as scheduled, BOA rejected her payment causing her to go into default. Her home got foreclosed by BoA on December 14th and she got evicted by L.A. County Sheriff Deputies. Soledad payed an attorney $35,000 to help her fight for her home and the attorney did nothing to help her.

CBS: Single Mother Takes Back Foreclosed Lincoln Heights Home with VIDEO December 23, 2012 10:08 PM

Copied & pasted below by fair use for archival purpose

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Archive: #D6 "OCCUPY OUR HOMES ANNIVERSARY" National Day of Action for Home Foreclosures

Addition! 

Action Plan: https://www.facebook.com/events/352135098215287/

Join #FuerzaHernandez, #PuebloLucero, #CasaPerez, and other Southern California homeowners, as they come together to announce united home defense front in the Los Angeles area on anniversary of Occupy Our Homes. 

Event is a press conference, please come and support if you can. Lets share with all our independent livestreamers, bloggers, reporters.

- 12:00pm - Solidarity action at Wells Fargo, 1600 Vine St Los Angeles, CA 90028

Photo Album: https://www.facebook.com/media/set/?set=a.4010700308640.2143873.1315217726 

Press Coverage with JUICY photos!: 

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Help us Flood Deutsche Bank Phone Line in Support of Lucero Family!

Dear Deutsche Bank, where will be the Lucero family celebrate Thanksgiving? Don't Evict!

Please flood Deutsche Bank's lines!
Deutsche Bank TEL: 212-250-2500
- Steven Wader TEL: 212-250-2867
- Duncan King TEL: 212-250-4864
Deutsche Bank FAX: 212-797-0291

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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.