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Families feeling the abusive foreclosure practices of Wells Fargo occupied bank branches in both City of Commerce (on Whitter Blvd.) and Studio City on Saturday, April 25, 2015. Members of Occupy Fights Foreclosures (OFF) and the Alliance of Californians for Community Empowerment (ACCE) asked local branch managers to forward letters describing violations of the California Homeowner Bill of Rights to Wells Fargo headquarters.
The locations of Saturday's actions were not publicly disclosed in advance. Only a morning meet-up location in downtown L.A. was provided to participants and media. Regardless, security in Commerce appeared to be on high alert Saturday morning. Half a dozen security guards on bicycles circled the shopping center parking lot outside the Wells Fargo branch in advance of the protest. However, twenty minutes elapsed between the start of the lobby protest and the arrival of representatives of the Los Angeles County Sheriff Department (LASD). One asked a man carrying a "Wells Fargo: King of Foreclosures" sign a question, and received such a passionate response that the deputy nodded and stepped back in deference to the man's right to express his grievances against Wells Fargo. Sheriff Deputy Fonseca demonstrated a hostile attitude, intimidating videographer Patti Beers into stepping back from one portion of the sidewalk. He then retreated to corner of the sidewalk with the other law enforcement officers and private security. Multiple private security guards recorded Saturday's action on phone cameras, once they had the protection of the LASD. Simultaneous to the action in East Los Angeles, members of the Alliance of Californians for Community Empowerment (ACCE) occupied a Wells Fargo branch in Studio City, CA to bring attention to the plight of an 80-year-old woman who has lived in her home for five decades. Wells Fargo would rather evict her than work out a loan modification. Full story and pix: Families Protest Abusive Foreclosure Practices of Wells Fargo Bank by Jessica Lux |
Families Protest Abusive Foreclosure Practices of Wells Fargo Bank