Tuesday, December 25, 2012

Bank of America Breaks Holiday Promise, Occupy Help Single Mom Return to Home for The Holidays, Vows to Fight Back

Occupy LA Activists, Occupy Fights Foreclosures help Single Mom Return to Foreclosed Home for the Holidays and Promise to Fight Wrongful Foreclosure and Eviction by Bank of America.

December 25, 2012

Los Angeles -  Bank of America did not specify dates on which it will halt foreclosures, but spokesman Rick Simon said in an email, "it is the bank's policy to avoid foreclosure sales or displacement of homeowners or tenants during and around the Christmas holiday."

On December 23rd, members of Occupy Fights Foreclosures and community supporters moved Soledad Corona along with her daughter back into their foreclosed home. "In early October I reached out to Bank of America regarding the Corona's case and have been given the round-around by Bank of America officials", says Carlos Marroquin, a homeowner activist from Occupy Fights Foreclosures, " I called Bank of America immediately after the eviction and for five days I could not get a respond from the bank. They kept

mis-placing my Letter of Authorization to speak to the bank on behalf of Ms. Corona. On Friday, December 21st, I received I call from John Boyd on behalf of the CEO's office telling me that they promise that they would be in touch with me by the end of business on the same day and that never happen. They totally disregarded the Corona family emergency and had no intentions to give me any answers as to why they broke their promise."

Soledad, a single mother of thirteen years, moved into the Los Angeles neighborhood of Lincoln heights in 2008. In the year 2009, Bank of America granted her a loan modification. After faithfully making her payments, Bank of America reneged their loan modification agreement, withheld her money for a month, and notified her that her home was being foreclosed on. For a month the family was in need of food, and extra money to pay for basic survival needs. After repeatedly speaking with the bank, trying to convince them to let the family continue to make their home payments, The Corona family is now facing eviction.

Bank of America continues to notify the public that they will not evict or foreclose on families during the holidays, but the Corona family is just one of many families that is currently being subjected to Bank of America's fraudulent banking practices.

No comments:

Post a Comment