After an hour of protesting and singing parody Christmas Carols outside Bank of America, to attempt to work help a family in day 408 of the loan modification process, six people were arrested by Clayton, Missouri police attempting to enter the Bank branch. Someone inside the bank was repeatedly told that Bank of America would get someone on the phone to deal with Mike and Mary Boehm’s loan, but negotiations proved fruitless. At that point, one homeowner with a January 10th sale date and 5 friends and neighbors of the Boehms attempted to enter the bank and were arrested, at 7800 Forsyth Boulevard. The demonstrators were accosted and quickly arrested and are still being processed. Pictures and the local news release are attached.
The Story: When Mike Boehm lost his job in 2009, he and his wife, Mary, applied for a Making Home Affordable (HAMP) loan modification from Bank of America. “They told us it would take 45 days to get our modification. It has been 408 days and they still can’t tell us if we’re approved,” says Mary, a homeschool teacher whose days have been consumed with calls to Bank of America. “Not once has Bank of America called us. Every call—the hundreds of calls—we have initiated. Oh, except the other day. Yes, once, they called us, and that was a collection call.”
Mike, who is now working as a Buyer for an Illinois based company, has done everything he can to be able afford to continue making payments. “We are current on the modified payments that Bank of America told us to make and they are still foreclosing on us” says Mike.
According to St. Louis area housing counselors, Bank of America is one of the worst servicers for families seeking permanent loan modifications under the Making Home Affordable (HAMP) Program. Bank of America ignores repeated calls, refuses to modify loans, and will not assign people in trouble to one counselor.
more (plus video) . . .
http://stlactivisthub.blogspot.com/2010/12/photos-six-homeowners-take-arrests-in.html