FOR IMMEDIATE RELEASE:
DEUTSCHE BANK UNDER FIRE: CIVIL DISOBEDIENCE & OVERNIGHT OCCUPATION TO FIGHT EVICTION
Contact: Occupy Fights Foreclosures, Carlos Marroquin (323) 592-4663
Home Defense Alliance, Alissa Kokkins (323) 839-5668
WHO: The Lucero Family, Occupy Los Angeles, Occupy Fights Foreclosures, Occupy Whittier, Home Defense Alliance, Community of East Los Angeles.
WHEN: Tuesday November 13, 2012. Rolling Actions begin at 11:30am
WHERE: German Consulate 6222 Wilshire Blvd. Los Angeles, CA 90048 at 11:30am, Lucero’s Home 4750 Hammel Ave, East Los Angeles, CA 90022
WHAT: Direct actions targeting Deutsche Bank through protest at German Consulate General Los Angeles and occupation of East LA home to defend family from possible eviction by Sheriff’s Department. The actions include civil disobedience and some may be subjected to arrest.
WHY: After residing in East LA for 15 years, the Lucero family faces eviction by Sheriffs Dept. Following a questionable foreclosure including a loan modification that the family payed on time, Deutsche Bank refuses to help the family stay in their home.
Deutsche Bank is under fire from the Occupy movement as a result of their refusal to help the East Los Angeles Lucero family stay in their home of fifteen years. The German bank is currently pressured by several lawsuits by the U.S. Government and the City of Los Angeles for their participation in fraud and blight conditions in Los Angeles.
Los Angeles - Activists and communities members will once again join the Lucero family from East LA in direct actions to bring attention to Deutsche Bank’s questionable foreclosures against Los Angeles families. According to U.S. Attorney Bhara: “Deutsche Bank ignored every type of red flag and breached every duty of due diligence before underwriting thousands of federally insured mortgages,” but after paying a 202 million dollars settlement to the federal government, state authorities fail to prevent Deutsche Bank from illegally repossessing American homes.
Once the Occupy movement got involved in the defense of other homeowners in the Los Angeles area and began representing the Lucero Family, Deutsche Bank reached out to the family and requested media silence while “good faith” talks took place. Within days the bank proceeded with court action and a five day order to vacate, thereby violating the “good faith” talks and their commitment to working towards an equitable solution to the Lucero’s crisis.
Following the days’ protests friends, neighbors, community groups, Occupy LA, Occupy Fights Foreclosures, and the Home Defense Alliance will join in the continued occupation of the home to defend the Lucero family against any eviction action.
Other Deutsche Bank victims will be available to speak to media regarding their cases.