- American Home Mortgage Servicing
- Aurora Loan Services
- Bank of America
- Deutsche Bank
- Fannie Mae
- Federal Reserve
- Freddie Mac
- JP Morgan Chase
- Litton Loan Servicing
- MetLife Home Loans
- Nationstar Mortgage
- Ocwen Loan Servicing
- Other/Not Listed
- People with Disabilities
- PHH Mortgage
- PNC Bank/National City Mortgage
- Saxon Mortgage
- Senior Citizens
- Stage: Eviction Defense
- Stage: Foreclosure
- Stage: In Default
- Stage: Post Eviction
- Stage: Underwater
- US Bank
- Washington Mutual
- Wells Fargo
Save Senior Citizen Joan Nelson's HomeMy home was purchased with my husband, Hubert Nelson, in 1991 who passed in 2010 after being married for over twenty years. I am a senior citizen and have lived in this city since 1968. I'm a retired school teacher who taught in the Atlanta Public School Systems for 40 years. After the passing of my husband I went through a period of sickness and grief. I love my home and my community because it was where my husband and I raised our family shared together for many years. I have the income to pay toward a loan to be able to keep my home. I have nowhere else to go if my home is taken away from me. I am hoping and praying that Rushmore Loan Management Service will work with me to stay in my home. Can I count on you to sign and share my petition? I believe community pressure my be the only thing that will open Rushmore Loan Management Services eyes and hearts.
Fannie Mae: Keep the McClendon family in their home!My name is Arlene Deborah McClendon Richardson. I’ve live at 10008 S. Peoria St., Chicago, Illinois 60643 for 40 years. My siblings, my brother in law, and I now live here and I are seeking to negotiate with the bank to stay in our home that our family previously owned before it was lost to foreclosure. After my father, Lucius McClendon died, my mother Bertha M McClendon decided to obtain a Reverse Mortgage because of an old construction loan. A woman by the name of Marsha E Barrett arranged for my mother to get a Reverse Mortgage with Financial Freedom. Marsha E Barrett negotiated the deal with Financial Freedom. Marsha E Barrett was later indicted for mortgage fraud by the Federal Government. My mother Bertha M McClendon later died in April of 2010. Since then, my siblings, brother in law and I have been trying to purchase our home back. We have gone back and forth to court. During most of the Court Proceedings, we did not have an attorney. During one of our last Court Proceedings, Cordilis & Associates did not follow all of the Foreclosure Steps. They were allowed by the judge to disregard the previous judge’s order, and because of that ruling, the property went straight to foreclosure. Federal National Mortgage Association now claims to own the home and is seeking to evict us from our home. This process has been traumatizing, and stressful to my family. We are a part of this community, we are hardworking, and would like to buy this property at the current real value.
Change Tax Code To Stop Wall St. Hedge Funds, and Investors From Investing In Single Family HomesIt is important to create an economy where people can succeed. Unlike in the past where people were given a mortgage that they couldn't succeed at if the economy was driven off a cliff by greed, and fraud. By the big banks and Wall St. firms. Given decent mortgage terms, a stable economy, and the opportunity to earn a living wage, homeowners will fulfill the promises they made when they signed their mortgage.The economy needs guidance so we don't have high unemployment. Repairing the homes will increase economic activity, and employment. Hundred of thousands, perhaps millions, of single family homes will be repaired, and improved by owner occupied owners, or contractors. Home values will be maintained. Neighborhoods will be improved, and maintained. The supply of housing will increase. Homes will become more affordable. Home ownership will increase without increasing the risk of another primary home crisis. How would you feel if you were a family looking to find your one piece of the American Dream. Just one home for you, and your family to live in. After years of making sacrifices to save up enough money for a down payment, you make an offer to buy a house, and then a Wall St investment firm, or an investor out bids you with a cash offer for the home your family has wanted, and needed for years. Or worse than that, a financial crisis is created by Wall St., and the big banks, you lose your job, and then you lose your home to foreclosure after living in the home for years!! And then, to rub your nose in the shitty situation, Wall St types, or an investor buys your home for pennies on the dollar, and then they want to rent your home back to you for more than what your payments were, that you couldn't afford in the first place!!!! It makes you feel like, why did I work so hard, for so long to be kicked down like this? You want to get up, and #!*%&@ This scenario happens more and more as investors and Wall St. investment firms have jacked up single family homes prices from coast to coast. Wall St. investment firms, and their accredited investors have become the largest owners of single family homes in America. There are many real estate investment opportunities for investors to invest in multi-unit housing. Single family home prices should reflect the purchasing power of the families that want to live in the home, not the greater purchasing power of Wall St. firms, private equity funds, and accredited investors. People are video documenting the imbalances that Wall St. and accredited investors are creating investing in single family homes! Prices of homes, and rents are rising too fast in some housing markets again. Watch full episode of "Wall St. Landlords" on Aljazeera America channel 219 on ATT U-VERSE. Search on the internet for similar videos on other TV channels, You Tube, or for the title "Wall Street Landlord." A single family home market, made up of home owners that live in the home, is more stable than an investor led market. Investors are not emotionally tied to a single family home as much as a family that has lived in the home for years. If the price of the home decreases, investor dump the homes on the market by the millions, as investors did in the 2008 financial crisis, or they abandon the homes if they are not making a profit from the house, also devaluing the surrounding homes. Families need affordable housing that is priced at their purchasing power . Not at the purchasing power of accredited investors, and Wall St. investment firms. Some things are more important than amassing wealth, making a profit, and increasing tax revenues. Sure the Fed's Quantitative Easing creates the "Wealth Effect". It makes the wealthy richer, because they own most of the income generating assets in our economy, which go up in price with the use of Quantitative Easing. The working poor, and the middle class get poorer, because they lose assets when they lose their job. The only income they have to pay their payments, and take care of their family is their job. This is why it is very important that the 2% Appreciation/Inflation Taxation Policy needs to be enacted to help maintain employment!!! When a recession occurs in an economy, interest rates decrease. To increase demand on Main St., to reduce the length, and depth of the recession, or financial crisis, all single family home mortgages should include a clause that lowers the interest rate, as the Federal Reserve lowers interest rates to the financial sector. This change will eliminate refinancing cost, and increase economic activity, and aggregate demand on Main St. rather than primarily increasing economic activity in the financial sector, increasing it's profits, and bonuses, The foreclose crisis has given the rich the opportunity to grab more income producing assets to increase their wealth. We need to change this economic injustice NOW!! Go to www.taxpolicy.wordpress.com for more ground breaking ideas on helping people to succeed.
Fannie Mae: Don't Evict Jeff, Negotiate! [Eviction 11/18 @ 10AM]My name is Jeffery Nelson Solivan and I live at Edgemont St in Springfield Massachusetts, where Fannie Mae is trying to evict me from my home after foreclosure. I have lived in my home since October 24, 2007. FNMA has scheduled an eviction on my home for Tuesday November 18, 2014 at 10:00AM. I am asking for your support to demand and urge Mel Watt and Fannie Mae to consider again my offer to rent the property using the affordable housing voucher I have, which is in line with the Federal Government’s [HUD] standards for affordable housing. In 2007 when I bought my home, I was told by the bank that I would get a straight loan because my credit was good. Once things were underway with the real estate agent, Acuna Real Estate, we went to purchase the property for $85,000. I went and signed my paperwork so that I could move into the house. I had been led to believe I would have one loan with one interest rate. Being a first time homebuyer I was so excited to be able to purchase my first home at a price that I thought would work for me. After I signed all of the paperwork, I found out that Bank of America fixed me into two loans, even though I thought I was only getting one. One was for 80% and $68,000 on which I was given a fixed rate 30-year mortgage at 6.75%. But on a second 20% loan, for $17,000 they fixed me into a 9% interest rate. When I bought my home in 2007 I had a good job working for Friends of the Homeless as an intake staff. In 2008, a new director came in and I was released from my job without explanation. I had to go on unemployment, but unemployment eventually ran out. I had also been married, but things went awry in my marriage, and we ended up getting a divorce. In the meantime, after I lost my job and once unemployment ran out, I have had times that I have had no income. I’ve tried to get aid for the elderly, but the amount provided was not enough to be able to pay for housing. Combined with going through the stuff with the property and not being able to find work I fell into a deep depression, and there were many days that I thought about ending my life and my career. I’ve started going to therapy one to two times per week, which is helping, but my mental health and state of mind is making it very difficult to find work. I would much prefer to work than to be on social security, but I’ve been forced to try and live on a very small amount of money. In addition to my mental health, I've had other medical conditions. I have heart trouble and suffered a heart attack in 2006. I now have a stent in my heart. I have been diagnosed with diabetes & high blood pressure. September 22, 2013 I was struck by a car on the corner of my street further adding to my health conditions. Since February 2013, I have been receiving Social Security which is giving me a steady income of $776 per month. I am willing to use some of that to be able to stay in my home and prevent another property from becoming vacant on the street. There are already 8 other vacant properties, at least 5 of them are owned by banks after foreclosure. I moved to Springfield on February 7th of 1967. Growing up in Springfield, I went to school here. I’ve worked in my community my whole life. Through working at a homeless shelter I have gotten to know many people. I stay involved in the community to plant seeds and support people all over, from youth to adults, in changing their lives through faith and god. Owning my own home, people in the neighborhood have asked me to help do landscaping work all over my street, because I used to be able to keep my home up so well. Together we’ve been able to build a good community to live in in Pine Point. I am part of the Springfield Bank Tenant Association. We are collectively opposed to the mass evictions being carried out by the banks after foreclosure. If necessary we are prepared to organize an eviction blockade and my neighbors are prepared to stand with me to fight any attempt to evict me by Fannie Mae,
Help Me Keep My Deceased Mother's HomeMy Mother was an Educator, Counselor, Teacher and Vice Principal within the Los Angeles Unified School District for over 45 years. She proudly dedicated her life to helping others, yet was too proud to ask for help herself. When I found out my mother was ill, we spoke about her home. She told me she was sorry as she cried in my arms. I told her it was not her fault and that she did the best she could. I made a promise to her that I would work this out... within two weeks she was dead. The Lender knew she would not live to pay the refinance off as she was deemed uninsurable after suffering two previous strokes. She died blaming herself, not understanding that she was purposely targeted and preyed upon by predatory loans. I did not understand how a 78-year old terminally ill woman was given a loan for fifteen years. It boggles the mind of the reasonable person. My only option at that time was to manage the situation by refinancing and attempt to pay off her mortgage. The death of my mother and the stress of fighting for my family's home has been a nightmare. During April of 2008, I had a six-inch tumor removed that was interfering with the function of my kidneys and liver. I have also had a series of medical conditions causing high medical bills and loss of income. My family has suffered so very much during this 1,885 day process. We have been disrespected, insulted, lied too, misled. I was laughed at and told, “You people think it's okay not to pay your Mortgage” by a Wells Fargo Home Preservation Specialist. I was willing to pay an affordable mortgage and keep my promise to my mother's dying wish for her grandchildren and unborn great grandchildren to be able to own and keep our home. I was promised by Wachovia I would have a modification within 120 days. To date, I have submitted paperwork repeatedly for the past 1,885 days. In the 30+ years I have lived in the Crenshaw area, I have witnessed my community suffer so many injustices from racial profiling, the “Cash Cow” attitudes of the Banks and their auto insurance companies, I witnessed my neighbors being slowly priced out of our community through “gentrification” and the vicious trick bag that is the “Pick-a-Pay” option offered by Wells Fargo Bank, who claims to “stand by our community” yet prove by these actions and exploiting practices that they are NOT. I have seen so many people lose there homes. Not knowing which way to go like a deer caught in headlights as ruthless sharks try to “flip the property” within 60 days and steal that family's future (equity) knowingly providing loans that are toxic to the homeowner yet very profitable vertically and horizontally for the banks. The current state of the modification process is like asking a fox inside of a chicken coop, “What should he do with the chickens?” Unfortunately history has already shown us the answer to that. I love my community. It is important for us not to be invisible. Many have just walked away from their futures in silence and without hope, and conditioned to simply “put up with it”. Home Defenders League has directed a online campaign against Wells Fargo CEO, John Stumpf demanding that Wells Fargo end foreclosures, work in good faith to keep families in their homes and provide reasonable load modifications that include principal reduction. We also demand the stop of blocking communities like Richmond, CA from enacting their own programs to combat the foreclosure crisis. “The issuing power of currency shall be taken from the banks and restored to the people, to whom it rightfully belongs. The “Economic Tapeworm” behavior must STOP! Right here, right now” Sincerely, Athena Jackson “For years, cities and communities of color were targeted by predatory lending practices and sold toxic sub-prime mortgages, resulting in a foreclosure crisis. Now those same cities that were targeted by predatory lending should be able to consider their full range of options to rescue homes from foreclosure, and to stabilize communities that are facing blight because of discriminatory lending practices”. - Udi Ofer, Executive Director of the ACLU of New Jersey. “We have already seen what unchecked corporate greed can do to communities, Many of us are still fighting to keep our homes and stay in the communities we love after the harm done by Wall Street. The federal government has a responsibility to protect our right to housing—not to help sell our homes to the highest bidder.” - Gisele Mata, California Community Organizer “I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around (these banks) will deprive the people of all property until their children wake up homeless on the continent their fathers conquered”. - Thomas Jefferson
Illinois Legislatures Pass Homeowners Bill of Rights!Center for Responsible Lending and Consumers Union: State Action Still Needed to Prevent Unnecessary Foreclosures. States have yet to recover from the foreclosure crisis that has stripped trillions of dollars from homeowners and devastated local communities across the nation. Industry analysts estimate that 6 million borrowers remain at risk of foreclosure.1 States are in a strong position to prevent unnecessary foreclosures, stabilize local housing markets and protect homeowners from mortgage servicing abuses. Through practical enhancements to the standards set by the Consumer Financial Protection Bureau (CFPB) and California’s Homeowner Bill of Rights, states can help borrowers get full and fair consideration for loan modifications before losing their homes to foreclosure. State Action Remains Necessary Following the CFPB Servicing Rules On January 17, 2012, the CFPB issued final servicing rules that address loss mitigation and dual tracking, the practice by servicers of simultaneously pursuing foreclosure while working with a homeowner on a loan modification or other foreclosure alternative.2 Although the CFPB rules will apply to servicers whether or not states adopt them, 3 only by adopting the rules themselves can states give borrowers the ability to prevent foreclosure sales when servicers violate the rules. Hence, we provide recommendations on how to implement aspects of CFPB’s national reforms. And although the CFPB rules are strong in many respects, there are key areas where the states can provide stronger protections for homeowners. Recommended Dual Track Rules Pre-Foreclosure Referral: The CFPB rule provides that a mortgage servicer may not start the foreclosure process until a borrower is more than 120 days delinquent. Additionally, under the rule, if a borrower submits a complete loss mitigation application before the servicer starts the foreclosure process, then the servicer may not begin the process while the application is pending. States should adopt this strong standard. Post-Foreclosure Referral: Under the CFPB rule, if a servicer has already started the foreclosure process, it is prevented from moving for a judgment or order of sale or conducting a sale only if the borrower submits a complete loss mitigation application more than 37 days before the foreclosure sale date. California law has no deadline. CRL had recommended that the CFPB adopt a shorter deadline of 15 days. States should consider giving borrowers more time to apply with timelines that are consistent and workable with their state’s foreclosure timetables. Limited Right to Appeal: The CFPB rule gives borrowers a right to appeal a denial only if a complete application is received by the servicer 90 days before a possible foreclosure sale date. California law allows a borrower to appeal a denial regardless of when the application was received. Given the evidence of widespread servicer errors related to denials, states should consider providing borrowers with broader appeal rights for borrowers who meet the state’s application deadlines. Procedural Rules regarding Borrower Outreach and Denial Letters: The CFPB also requires outreach to borrowers about loss mitigation programs and denial notices. States should adopt the CFPB outreach procedures, but should consider adopting California’s more detailed denial notice, which provides greater transparency and information to borrowers. States Should Also Give Borrowers the Ability to Prevent Unlawful Foreclosures Dual track restrictions are intended to prevent unnecessary foreclosures. This goal cannot be effectuated fully by the CFPB rule alone, however, given that the law under which the rule was implemented, RESPA, does not allow borrowers to actually prevent a foreclosure sale when servicers violate the rule’s requirements.4 States, therefore, should adopt dual track rules (as outlined above), and then also provide borrowers with a right to seek an injunction (in non-judicial foreclosures) or raise a defense to foreclosure (in judicial foreclosures), for a violation of these rules. This will allow borrowers to put a pause on the process while the servicer considers the borrower for foreclosure prevention alternatives as required by the rules. This protection ensures that borrowers receive the full benefit of the dual track restrictions to prevent unnecessary foreclosures. http://www.responsiblelending.org/mortgage-lending/policy-legislation/states/2013-crl-and-consumers-union-joint-state-foreclosure-recommendations-final-february.pdf
Fannie Mae: Don't Evict Marcia Iza and her family, Negotiate with Casas del Pueblohttps://www.youtube.com/watch?v=z3ANYluGaTY&feature=youtu.be Marcia Iza is an immigrant mother from Ecuador who has lived in her home for fourteen years. This is home to her daughter, her daughter’s husband who is active duty military stationed in San Antonio, and her recently born granddaughter. Ms. Iza was married when the property went into foreclosure. She suffered physical and mental abuse for years at the hands of her now ex-husband, who quit making mortgage payments, unbeknownst to Ms. Iza, during the lengthy and difficult divorce proceedings. This mishap caused the foreclosure. Instead of working with Marcia on affordable terms, Fannie Mae nearly evicted Marcia. After a coalition of Chicago housing justice organizations threatened mass action against Fannie Mae, they agreed to negotiate a sale to the Casas del Pueblo Community Land Trust and temporarily halted the eviction. After months of negotiations, Fannie Mae has been unwilling to offer a fair price and has renewed its threat of eviction if Marcia cannot purchase the home by their inflated standards. While sitting on $18.4 billion the last two quarters of 2014, it is clear that if Fannie Mae doesn't accept what we can afford to pay, they would rather have another family on the street than create permanent affordable housing, which the Casas del Pueblo Community Land Trust would guarantee. We are asking Fannie Mae to reflect on its reputation and consider our offer which will benefit the community. if you would like to donate funds to keep Marcia and her family in their home please go to Marcia's go fund me towards raising more money to buy the property to create affordable housing while keeping a family in a home. http://www.gofundme.com/ffletk
Don't let fraudulent banks take away erica and dave's home!We have been living in our home for over a decade. This is the home in which we started our life together, and this is the home in which our daughter Hailey Anne would celebrate her 2nd birthday next week... if we were not being unfairly evicted on Monday. The number of times our home has been shuffled from bank to bank without our knowledge or consent in the past two years is dizzying. Eventually, we decided to look into the validity of our loan to try to figure out what was going on and who we were supposed to be paying (our home has since been taken by Fannie Mae). We realized through our investigation that, like so many other homeowners, we had been victims of robo-signing. Robo-signing is when a bank has thousands of documents signed automatically, without them being appropriately reviewed, or even looked at at all. This practice is very fraudulent, and therefore the banks' documents should be considered null and void. We should not be the ones suffering for their illegal actions. Please support us and our two year old daughter in our fight to keep rightful ownership of our property, or at least to have more time to get the banks to admit to their fraud before we are wrongfully evicted. Take a stand for housing justice with us!
Stand Up for Our Constitutional Rights by Refusing to Evict MartinMr. Wirth, like most Americans, believed he had the full rights provided to us all in the constitution. When he discovered those many of those rights have been stripped he began court battles to regain those rights for us all. In court this last Thursday, May 29th after being led to believe he would receive a full hearing of his claims, the judge in the case was changed and the new judge summarily dismissed his claims, refused to consider the evidence and court law, and informed Mr. Wirth that he would be evicted in 4 days, on Monday, June 2nd. This has left Mr. Wirth no time to appeal the decision or prepare to leave his property. As Mr. Wirth’s constitutional rights detailed above have been violated, the eviction is unconstitutional and therefore not valid from the moment it was ordered.
Wells Fargo: Stop the Foreclosure & Approve The Vellanoweth's Request For A Loan Modification!In 2007 our family purchased our first home in the city of Whittier. Unfortunately, due to the financial housing crisis our home depreciate in value. We struggled for a while applying for a modification but were refused several times. In 2011, we refinanced our home using a HARP refinance which alleviated the pressure for a while, but it was not enough. In 2012, both my wife and myself were laid off from our jobs of twelve (12) years. We were both able to secure employment but struggling because our income was reduced by 50%. We applied for a modification again and were denied. Unfortunately, I was laid off for a second time and fell behind on payments. Wells Fargo has refused to modify our 2nd mortgage claiming that my income to debt ratio does not fall in their guidelines to modify my loan. Wells Fargo has a well-documented history of abusing customers seeking mortgage modifications, racial discrimination and peddling faulty mortgages that led to the financial crisis. Now a lawsuit has brought to light a 150 page manual used by the bank, that attorneys say provides a step by step instructions for Wells Fargo lawyer’s to fabricate documents in order to illegally foreclose on millions of homeowners.
Nationstar: Don't Evict the Cavaliers!My name is Annie Cavalier. My husband and I, who have been together for 18 years, and married for 15 of those, bought our home in April 2007. Our home has served as a source of stability for our family through hard times. Now Nationstar is trying to evict us on behalf of Fannie Mae. In 2005 I was diagnosed with a pituitary tumor, which caused me to have frequent & severe migraines. My husband was working and able to pay the mortgage, while I cared for our teenage daughter. Then in 2009, he suffered from a heart attack which left him out of work temporarily. In 2010, after feeling sick for several months, I finally went to the doctor to discover that I was 17 weeks pregnant. I had just turned 41 years old. What a surprise! Due to my age and my tumor, I had to have many ultrasounds and tests during the pregnancy. On May 5, 2011, our daughter was born, 14 years and 3 days after our first. She suffered from digestive problems for the first year, which led to many doctors visits and the most expensive formulas. All of our medical bills and the added cost of a new child finally started to add up and we got behind on our mortgage. Then tragedy struck again. My best friend and brother's wife passed away after she suffered from an epileptic seizure in the bathtub, causing her to drown. My brother, who is in the Louisiana National Guard was left to care for their two children. He was frequently called to monthly trainings and hurricane duty, leaving the kids to stay with my family. Nationstar started the foreclosure process when he was deployed overseas and the children were living with us. Because we had legal custody of the children, we were considered a military family and should have been protected from foreclosure while my brother was on active duty. When I told the representative from Nationstar this, she remained silent and said there was nothing she could do. Last year, as our foreclosure sale date was fast approaching, we were contacted by a company that claimed they could help stop the foreclosure and get us a modification if we paid them a fee up front. I did everything that the company asked, and waited to hear back. Several months went by and we heard nothing from them. Then I got a call from our servicer, Nationstar, letting me know that our home was set to be sold on September 4, 2013. With some help, we managed to get the sale postponed, but despite all of our efforts in court, Nationstar sold our home on November 13. On March 18, the sheriff served me with a 3 day notice to vacate. I've managed to hold them off so far, but the sheriff could be back any day. Please sign our petition, and ask Nationstar to stop the eviction and work with our family to keep us in our home.