Quantcast
  

Saturday, April 19, 2014         

 Print   Email   Comment | View 7 Comments   Most Popular   Save   Post   Retweet

Occupy activists stage sit-in at foreclosed home

By Associated Press

POSTED:
LAST UPDATED: 10:33 a.m. HST, Oct 16, 2012


LOS ANGELES » Activists today marked the 52nd day of a sit-in at a foreclosed Van Nuys home by vowing they will remain until they are forced out of the property they have dubbed "Fort Hernandez."

"We are still strong!" said a posting on the Facebook page of the group calling itself Occupy San Fernando Valley.

It's one of several acts of defiance around the nation staged by people who are losing homes through foreclosure.

Eleven people, including some children, continue to live in the home owned by Javier Hernandez, who bought it in 2006 for $546,000. He signed a subprime mortgage requiring interest-only payments at first with an adjustable rate.

The monthly payment went from $3,900 to $4,500 and four loan modification requests were denied. Hernandez stopped making payments nearly five years ago on what is now a $253,000 house. The past-due amount tops $250,000 — more than the home's current value of $242,000.

"We might not be the best example for sympathy, but we don't want sympathy," only a chance for a loan modification, Javier Hernandez said.

"What we were saying is, 'Come on, man, work with us,'" said his brother, Ulises Hernandez-Banuelos.

He and others sat Monday on scavenged couches on the sidewalk in front of the home. Behind them, anti-bank and anti-Wall Street signs and graffiti covered wooden boards, including a handmade no-trespassing sign declaring the home to be private property.

The sit-in began after the eviction notice was issued in August, the Los Angeles Daily News reported.

Hernandez-Banuelos, 21, was arrested over the weekend on a misdemeanor warrant for missing a court date involving riding a bus without paying, he told the Daily News.

He was arrested Saturday and released the same day on $561 bail.

Witnesses told the paper that up to eight police officers and two unmarked police cars were involved in the misdemeanor weekend arrest.

A video posted online showed officers in street clothes in an unmarked Honda arresting Hernandez-Banuelos and refusing to explain to bystanders why they were there, the paper said.

"I think it's just another show of intimidation," he said.

Officer Rosario Herrera, an LAPD spokeswoman, said she did not know why officers were in unmarked cars. She said that in general, more officers might be sent to make an arrest if there are indications of a crowd.

The Hernandez brothers said they will offer nonviolent resistance if authorities try to evict them.

"Civil disobedience at its finest," Hernandez-Banuelos said. "My arrest is to draw attention to a national issue."







 Print   Email   Comment | View 7 Comments   Most Popular   Save   Post   Retweet

COMMENTS
(7)
You must be subscribed to participate in discussions
By participating in online discussions you acknowledge that you have agreed to the TERMS OF SERVICE. An insightful discussion of ideas and viewpoints is encouraged, but comments must be civil and in good taste, with no personal attacks. Because only subscribers are allowed to comment, we have your personal information and are able to contact you. If your comments are inappropriate, you may receive a warning, and if you persist with such comments you may be banned from posting. To report comments that you believe do not follow our guidelines, email commentfeedback@staradvertiser.com.
Leave a comment

Please login to leave a comment.
kainalu wrote:
ZZZZZZZ zzzzzzzzz ... ZZZZZZZ zzzzzzz .... ZZZZZZZ zzzzz ...
on October 16,2012 | 11:29AM
Makiki_Al wrote:
So if you agree to something and you back out that makes you an activist?
on October 16,2012 | 11:51AM
Hapa_Haole_Boy wrote:
Hehe, nicely put.
on October 16,2012 | 03:07PM
Kawipoo wrote:
Bums! Let's move onto news.
on October 16,2012 | 11:52AM
LadyNinja wrote:
So if everyone got off their b.... and actually WENT to work, maybe, just maybe, they could positively contribute to the loan balance and actually show the mortgage company how serious they are about saving the home.
on October 16,2012 | 02:49PM
Bdpapa wrote:
Not gonna happen.
on October 16,2012 | 03:18PM
st1d wrote:
"We might not be the best example for sympathy, but we don't want sympathy," only a chance for a loan modification, . . ."

if you have to bargain for an interest only loan, then you clearly can not afford the home to begin with. overbuying is what caused the collapse of banks and the economy.

"Civil disobedience at its finest," Hernandez-Banuelos said. "My arrest is to draw attention to a national issue."

the only issue to be addressed is the greed involved by the buyer who can not afford the price and the seller who cares only for the commission.


on October 16,2012 | 05:03PM
IN OTHER NEWS
Breaking News