[MEDIA ADVISORY] Special Meeting between Homeowners and Bank Regulators - CA Department of Business Oversight

MEDIA ADVISORY
IMMEDIATE RELEASE

Contact Carlos Marroquin 
(323) 592-4663

Homeowners and the California Department of Business Oversight to hold a special meeting to hear and present grievances on the ongoing bank/servicers abuses against struggling families. Occupy Fights Foreclosures to host special meeting following their recent visit with California's Commissioner Jan L. Owen from the Department of Business Oversight in Sacramento.

Who: Homeowners, Foreclosure Victims, Department of Business Oversight (Bank Regulators), Occupy Fights Foreclosures, Homeowners Advocates, General Public

What:   Public meeting between homeowners, foreclosure victims and the California Department of Business Oversight.
When:   Tuesday May 26, 2015, 7-9pm
Where:   828 West Washington Blvd., Los Angeles CA 90015
Why:   To hear about ongoing abuses and issues between homeowners, banks and mortgage servicers. What bank regulators and the Department of Business Oversight are doing to respond to consumer complaints.

EVENT IS FREE AND OPEN TO THE PUBLIC

Los Angeles - After a recent meeting between homeowner advocates with Commissioner Jan L. Owen from the DBO, homeowners will have an opportunity to meet face to face with bank regulators and present their grievances on the ongoing abuses by the banks and mortgage servicers.

The DBO will address the public to explain their roll & responsibilities on how bank complaints are handled and what is being done with the record number of complaints against the banks and mortgage servicers.

The regulators will hear testimonies from homeowners and their advocates. Occupy Fights Foreclosures will present complaints describing serious ongoing violations by the banks and servicers against California homeowners. Christopher Wyatt, a former 20 year executive turned whistleblower with the mortgage servicing industry will share his recent discoveries of the abuses by the banks and servicers affecting struggling families in the Golden State. Mr. Wyatt provided the New York Department of Financial Services with evidence that led to the executive chairman of the embattled mortgage servicing firm Ocwen ordered to step down and to pay $150 million for their treatment of homeowners.

The DBO will have an opportunity to hear questions by the public and the media.

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commented 2015-07-23 06:19:59 -0700 · Flag
Homeowners and the California Department of Business Oversight why this meeting ? more tell about this publish more details
published this page in News 2015-05-26 22:12:05 -0700
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.