Friday, February 25, 2011

Homeowners Rally Against Foreclosures

A group of local homeowners staged a rally outside a Wells Fargo bank branch in downtown Los Angeles this morning. They’re demanding that the bank participate in a statewide program called Keep Your Home California, which offers mortgage assistance through the California Housing Finance Agency. The program’s aim is to help struggling, unemployed homeowners avoid foreclosure. Organizers of today’s rally say Wells Fargo and other major banks have not committed to the program. Pacifica’s Ernesto Arce has more from Los Angeles.