Wells Fargo! Keep Steve Boudreaux in His Home! (UPDATE: Steve Won!)
To: Mike Heid, President of Wells Fargo Home Mortgage
Dear Mike Heid, President of Wells Fargo Home Mortgage, Please rescind the foreclosure of Edmond Steve Boudreaux's (loan #00006391834) home and put a stop to eviction proceedings.Steve took extraordinary measures to cooperate with Wells Fargo; but the bank foreclosed on him regardless, and now he faces being put out of his home. Steve is willing and able to make mortgage payments, so please find a way to keep him in his home. Georgia does not need another vacant property. Sincerely, The Undersigned
Why is this important?
UPDATE: STEVE WON! From Steve: "We- and that includes YOU- have achieved the almost unheard-of feat of having Wells-Fargo and Fannie-Mae approve a load modification well AFTER the foreclosure sale. That is almost NEVER done, but WE have done it! You should all congratulate yourselves, and each other, on a job VERY well done. I could not have done it without all of you! Everyone who signed my petition, called the bank on my behalf, everyone who organized and participated in direct actions, I owe you debt of gratitude, this is truly our victory!" * * * "In 2007, Steve Boudreaux achieved one of the touchstones of the American Dream: he purchased a home of his own in Marietta, GA, part of the Atlanta metro area. Then, like so many Americans in the 16 million households caught up in the foreclosure and housing crisis, he lost his job. Determined to hold on to his dream, he started renting out rooms in his house to help make up for the lost income. He even took in a family with a newborn that had nowhere else to go. When this solution fell short, Steve, a part-time musician, started selling prized possessions including several high-quality instruments with significant emotional value. Despite his best efforts, he fell behind on his mortgage. He made multiple attempts to contact Wells Fargo, and was given only one option to stop the foreclosure–pay what he owed ($5000 at the time) in full plus added fees. Desperate and running out of options, Steve applied for an emergency loan modification even as Wells Fargo started foreclosure proceedings against him. Everything seemed to be moving along smoothly until the IRS delayed sending his tax returns to the bank in time. Instead of waiting for them to come in – the IRS even sent the bank confirmation that the transcripts were on their way – Wells Fargo moved forward with a foreclosure sale in June 2012. Steve even made a tearful last minute phone call to the bank pleading and begging for them to postpone the auction just one more month. They refused. To add insult to injury, the IRS transcripts were delivered to Wells Fargo the day after his home was auctioned on the courthouse steps. Despite, or perhaps because of, Wells Fargo’s cavalier and callous actions towards someone taking extraordinary measures to comply with the bank’s demands and stay in his home, Steve is refusing to give up on his American Dream. He is occupying his home despite the recent commencement of eviction proceedings and taking a stand, the first of its kind in Cobb County, GA, for what is right and just. He is fighting for rescinding the foreclosure sale and a halt to the eviction proceedings. While Georgia recorded the highest number of foreclosures in the country recently, Steve claims that many homeowners in his area are ashamed to admit they are going through the same thing. “I look forward to breaking the cycle of silence that keeps so many Cobb residents from standing up to the banks and defending their homes,” he said when asked about his decision to take his fight public. Steve, who is now employed and getting back on his feet, needs your help to fight this unjust foreclosure eviction." -homedefendersleague.org