Charlotte Observer - June 26, 2012
About 40 people participated in a protest outside the Bank of America Corporate Center uptown on Monday afternoon.
Protesters from the groups Occupy Charlotte and Action NC were joined by members of the Occupy Caravan national tour group in their protest of Bank of America’s foreclosure and mortgage practices.
The protesters called for a moratorium on foreclosures, and want Bank of America to offer more principal reductions.
Bank of America has said it’s working to help homeowners and move past its mortgage troubles. The bank has modified 1 million mortgages and this spring began offering principal reductions to more than 200,000 homeowners, part of the $25 billion mortgage settlement between big banks and government officials announced in February. Kelly Mae Ross