Video Bank of America Protest homes Foreclosures Practises

Bank of America Protest on homes forclosures practises : Twenty-four people were arrested yesterday during an antiforeclosure protest outside of Bank of America Corp.’s downtown Boston headquarters.

"They wanted to be arrested, and we obliged," Boston police Commissioner Edward F. Davis told the newspaper.
Organizers say about 3,000 people joined this even  ( news for : Bank of America Protest on homes forclosures practises )

Bank of America spokesman T.J. Crawford dismissed the demonstration as a publicity stunt.

Bank of America's recent $8.5 billion dollar settlement with investors has surged foreclosures on distressed homeowners by the nation's largest financial institution in recent weeks, according to new data from the foreclosure listing firm RealtyTrac. This was the largest monthly increase since August 2007, right after the housing bubble had burst. Friday's march on BofA's Massachusetts headquarters will be led by Boston residents who are facing foreclosure, and will culminate in a confrontational nonviolent sit-in by more than 40 people.

"I'm sitting-in at Bank of America so that my neighbors, and me, can stay in our homes," said Presley Obasohan, who is fighting foreclosure by Bank of America. Obasohan is underwater on his loan for his Dorchester home, where building values have sunk to half or less of mortgage loan debt. "So many people have been thrown out of their homes or lost their jobs needlessly because of mistakes made by Wall Street Banks. Yet it's the banks who are now rewarded with billions in tax refunds."

Bank of America Protest on homes forclosures practises
Bank of America Protest on homes forclosures practises
video bank of america protest

Beside, Bank of America's planned for debit card fees, which recently have generated headlines and frustrated customers nationwide.

Last week we saw police brutality at occupy wall street protesters, now it happen again at bank of America. A leader said "that's really-really....
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