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Occupy LA Takes Over Bank To Prevent Foreclosure (Updated)

Posted 2 years ago on Feb. 16, 2012, 7 a.m. EST by OccupyWallSt

stop foreclosures

Earlier today, a family who has been wrongly foreclosed upon occupied a Citibank branch in Los Angeles. Crowds of protesters, including Occupy LA, gathered in the lobby to show support. The family, including four children, are facing homelessness in spite of having enough money to make payments. The protesters refused to leave until Freddie Mac negotiate to keep the family in their home.

Children from the family held signs saying "Freddie Mac Give Our Home Back" and protesters chanted "We Are the 99%" and "Banks Got Bailed Out, We Got Sold Old!" Around 1:15 PM Pacific Time, dozens of armed police arrived and threatened to arrest the entire family. Legal observers with the National Lawyers Guild were on hand. The homeowner and father of the family, along with other protesters, was led away in handcuffs while hundreds chanted "save our homes, we want justice!" Today, police arrested the victim of wrongful foreclosure simply for demanding a place to live for his family. Follow @OccupyLA and @OccupyOurHomes on Twitter.

father arrested

The Occupy Our Homes movement has continued to grow since it began last November. On Valentine's Day, Occupy LA disrupted a foreclosure hearing for an active duty solider and veteran and his family. This week, thousands of supporters helped Occupy Nashville save the home of a local 78-Year-Old Civil Rights activist. Occupy Minneapolis pledged to save a third home in response to the National Mortgage Settlement. Foreclosure defense actions have also occurred in Cleveland, Atlanta, Rochester, Chicago, Brooklyn, and across the country.

Also today, Occupy Denver disrupted a foreclosure auction:

Occupy Detroit, along with local labor and progressive organizations, has prevented four foreclosures - once by physically blocking a dumpster - and recently announced plans to save a fifth. In every case, banks backed down and agreed to negotiate with homeowners. Occupy Our Homes actions seek to expose banking practices, economic inequality, and corporate greed as the root causes of the housing crisis, while also taking direct action to prevent homelessness.

Update, 2/17: This morning, OWS shut down the NY-Queens Foreclosure Auction through non-violent direct action! 22 people were arrested. Also today, Occupy DC announced it will begin a foreclosure defense campaign. They will rally against Freddie Mac at 325 7th St NW on Feb. 27 at noon to protest its foreclosing on the home of Bertina Jones.

6 Comments

6 Comments


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[-] 1 points by drm2011 (3) from Millville, NJ 2 years ago

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[-] 1 points by OCCUPYYOURFORECLOSUREdotCOM (2) 2 years ago

keep pressurizing the banks. trust me, they are shaking. I know from my work as a foreclosure specialist that they cry in tears when you being aggressive with them and put them in place. I will help any owner in need to fight back and fight hard at any stage.

[-] 1 points by SameOldSong (-5) 2 years ago

Just pay the mortgage and then you can "occupy" all you want. Borrow money, spend the money, flake on repaying the money, keep the collateral isn't how it works. Default doesn't make things free.

You'll help any owner? Great, bring your checkbook and keep your sign.

[-] 1 points by DonQuixot (231) 2 years ago

In Spain people are obstructing evictions renting the home to a relative, which makes it very difficult to carry out evictions. Perhaps you can use the same trick in the US. The movement for the resistance against evictions is also growing in Spain, which has a legislation much more favourable for banks than most countries. Dozens of evictions have been stopped by demonstrations at the doors of the houses preventing court officials from carrying them out. Keep on fighting. We will overcome, it is only a matter of time.

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[-] 0 points by zonestar (2) 2 years ago

Fact: On the international level, the central banking elite have put huge organizations in place to implement their policies, including the World Trade Organization, the World Health Organization, the World Bank, and the International Monetary Fund. Fact: Those secretly driving the agenda have been known by many names. Leaked reports confirm that they meet throughout the world, behind closed doors, to discuss their agenda. Then, like clockwork, their plans begin to show up in the media, finance, corporate, government and military arenas. Fact: At the international level, central bankers use the World Bank and the International Monetary Fund to make more money while exploiting the resources of countries they lend to - bankrupting them in the process.Will it be Britains turn soon? Fact: Globally, the richest 2% of adults currently own more than half the world's wealth. Fact: banks have about nine times as much money loaned out as they have on reserve in their vaults. Fact: In 1910, representatives of the Rockefellers, Rothschilds, Morgans and other private bankers gathered secretly on Jekyll Island to draft the legislation that would create the Federal Reserve. the same year the Federal Reserve was founded, 1913, the Internal Revenue Service was also established. Fact:Right on que,the media have begun to praise the new unelected prime minister of Italy mario monti for his new measures,who put him there,what was his previous role? Fact: U.S. media has consolidated from 50 companies down to five in just over 25 years. Fact: The Rockefellers’ oil empire got started in 1870 when John D. Rockefeller founded Standard Oil and became America’s first billionaire. Standard Oil has since morphed into Exxon-Mobil and others. Fact: The Rockefellers control our food. They were primarily responsible for the global shift to large-scale petroleum-based agriculture. Fact: The Green Revolution was the brainchild of the Rockefeller Foundation’s Natural Science Division, in partnership with large agricultural corporations. Fact: The true costs of the Green Revolution can now be seen: taxpayers pay billions in subsidies to giant agribusiness corporations; small family farms have all but disappeared; biodiversity is destroyed; toxic chemicals poison farm workers and pollute the land, water, and our food supply, endangering the health of all of us. Fact: As of 2010, approximately 1 in every 7 people worldwide did not have enough to eat. Quote: There is urgent need for a true world political authority. - Pope Benedict XVI, Encyclical letter, 2009 All of our current financial and social problems can be traced back to the same sources,just follow the money back up to the top of the pyramid,past the puppet politicians in every country,past the bank and corporation CEOs,up to who really controls the flow of the money because they HAVE most of it! What is their real agenda?If the many dare to challenge,we can dare to dream. http://www.thrivemovement.com/home

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