A David vs. Goliath battle is developing this holiday season between hard-working families facing foreclosure and banking giants such as Wells Fargo and JP Morgan Chase. Fed up with Wall Street’s stranglehold on our political system, community groups around the country are mounting a protest movement to stop the epidemic of foreclosures. They expect that a wave of protests across the country will help focus public anger, mobilize angry homeowners, force banks to halt the evictions and pressure local, state and national politicians to adopt stronger laws to hold banks accountable for consumer abuses. For example, in Los Angeles next Thursday, December 16, members of the Alliance of Californians for Community Empowerment (ACCE) — a statewide community organizing group — will sponsor a demonstration at a major bank that will include civil disobedience and probably arrests.
Los Angeles homeowners take to the streets to protest foreclosure abuses
Most Popular Articles
Latest Articles
NAMB partners with Roomvu on digital marketing efforts
NAMB members can use automation tools through Roomvu to market their services, create content and distribute newsletters.
-
New American Funding onboards top Chicago loan officer
-
Opinion: No benefit to home sellers is worth sacrificing first-time homebuyers
-
Weekly active inventory growth still too slow
-
While the Austin housing market isn’t sizzling, agents say it is still warm
-
CMLS looks to weigh in on the DOJ’s statement of interest