Occupy Movement Takes on Foreclosure Fraud

Mar 12, 2012 8:22 PM

Occupy demonstrators are adding on a new plight to their cause, this time they want justice for California's Homeowners affected by foreclosures. " Bringing attention to foreclosure fraud, letting people know that there is a lot of fraudulent behavior going on in these foreclosures," said Chico Occupy Spokesperson Tammy Wichman.
The movement hit clerk recorder and district attorney offices throughout California on Monday. Demonstrators are asking for a foreclosure moratorium. They also ask that audits be performed on foreclosures to investigate for fraud. It's a task Butte County District Attorney Mike Ramsey is taking head on. " We're looking at any of the foreclosures to see if there are criminal violations of the law, it's both on a level of the bank and corporate level, but it's also people that are vulnerable, and when we have a vulnerable population, predators come out, explained Ramsey. "
According to RealtyTrac, an estimated 1.2 million California Homeowners have lost their homes to foreclosure since 2008. An additional 800,000 homes are expected to receive foreclosure notices this year. Homeowners like Barbara Lindsay, who has been fighting her uphill battle since 2008. " I have probably filled a forest in paperwork, sending it to them. They chance their mind and say yes you have a loan modification and then I'd find out my house was on the chopping block," said Lindsay.
The occupiers are hopeful for change with supporters like California Attorney General Kamala Harris behind their movement. Harris is still riding the high after her part in the 18-billion dollar settlement California was awarded in the national mortgage settlement deal. And it's game changers like Harris who many feel will offer relief. " People that are organizing this need to speak to those that can change the legislation, can change the law," said Butte County Clerk Recorder Candace Grubbs.


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