Occupy Wall Street protesters around the country are joining forces with housing advocates to protest fraudulent foreclosures today, NY1 reported. In New York, they will be marching through the East New York section of Brooklyn, an area especially hard-hit by the foreclosure crisis.
The protestors will assemble later today at the closely-guarded location of a pre-selected foreclosed home, which has been occupied overnight, according to news reports.
“This action is part of a national kick-off for a new frontier for the occupy movement: the liberation of vacant bank-owned homes for those in need, and the defense of families under threat of foreclosure and eviction,” Occupy Wall Street said in a statement.
Organizers said they were protesting the continued eviction of people from their homes, despite fraudulent and predatory lending practices.
As previously reported, foreclosure filings jumped 7 percent nationwide in October from the previous month, according to the most recent data from RealtyTrac, but remained nearly 31 percent below last year’s level. [NY1]