Protesters rally outside banks over foreclosures

Activists took to the streets of Garden City today, marching in front of major banks and posting eviction notices in response to foreclosures.

"Our kids and our grandkids are buried with underwater mortgages, federal debt," says Phil Heckler, of Hicksville.

According to a new report from RealtyTrac, fewer homes were foreclosed on last month, but experts say it could be just a temporary reprieve because a lot of banks don't serve foreclosures during the holidays.

In Nassau, foreclosures were down 12.6 percent last month, while in Suffolk, foreclosures plummeted 30.5 percent in November compared to the month before.

Compared to last year, foreclosures dropped 3.4 percent in Nassau and a staggering 82.4 percent in Suffolk. However, some Long Islanders are still angry at big banks.

Wells Fargo and Citibank both responded to today's Garden City protest, saying that they recognize the struggles people are going through, and they are committed to working with homeowners.

sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Time Warner® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 5 view limit
Access to News 12 is free for Optimum, Comcast®, Time Warner® and Service ElectricSM customers.
Please login, create an account or subscribe to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."