- 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
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.
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
Ocwen: Negotiate, don't Foreclose! Keep the Hamilton Family in their Home.We are the Hamilton family and we have roots in our Port Reading, NJ community. Our teenage children deserve to stay in their same schools, to stay in a home full of memories of their older brother who passed away, to have the security of knowing they will not have to move. Our mortgage was predatory from the beginning, with a no-doc, 11% interest loan even with a $20,000 down payment. Ocwen recently settled $4 billion law suit to work with homeowners like us and they need to work with us instead of making yet another homeless New Jersey family.
Help us keep our home!Our home is being taken from us and we don't even understand why. We have held good to everything we said and paid the rent on time. We had no idea that the secretary was going to run off with the money! All the little children the neighborhood loves coming to our home to play with our four children. We help the neighbors cut their yard and try to keep the area safe. We got the house as a fixer upper and we have been making steady improvements. We all need this house especially the kids!
Ocwen: Don't Evict Filson Manley From His HomeMy business experienced a downturn during the 2008 economic crisis, and I in turn, got behind on my mortgage payments. I applied for and was given a loan modification through the Home Affordable Modification Program, or HAMP, created by president Obama. When I was approved for the HAMP modification, I was told that it would be made permanent after three months. I made those first three payments, but then in the fourth month, One West Bank rescinded my HAMP modification because they said I had failed to send in one sheet of paper, a balance sheet. They were required by law to notify me in writing so that I could dispute the modification loss, but I never received a notification or a phone call to tell me about it, even though they had my number and called me constantly on a variety of issues. I sent them my paperwork, on time, every time, but One West bank repeatedly and unapologetically lost it. One West Bank bought my original loan servicer, Indy Mac, for pennies on the dollar, after Indy Mac found themselves holding $11 billion dollars in loans, which they were unable to sell in a depressed market. This was after IndyMac spent years making huge profits trading mortgages and a scandal involving fabricated accounting numbers. At that point, One West Bank became my new loan company. I’ve been on the phone with One West bank hundreds of times, and dealing with them has been the most frustrating experience of my life. You’re never allowed to speak directly to a person in authority. Repeatedly, they would tell me something on one day, but when I would call back three days or a week later, the new representative would tell me the exact opposite. It’s impossible to speak to the same person more than once, so every time you call, you have to re-tell your story, but for the most part, they don’t care what your story is, because their job is to take care of the check boxes on the computer screen. All One West representatives are essentially just talking heads on the phone, who act as a barrier between the homeowner and the underwriters and decision makers who you’re never allowed to speak to. Multiply this across 200 phone calls, and you can begin to understand the frustration people feel when dealing with Mortgage servicers like One West Bank. Often, One West representatives would tell me a blatant lie, just to get me off the phone. After my HAMP loan modification was rescinded, One West Bank sent me another HAMP application and asked me to complete it, which took me 3 days. I submitted the new HAMP application, after which One West Bank told me I shouldn’t have applied for it, because I wasn’t eligible for it. After my house failed to sell in the first auction, they began sending me new loan modification applications, three in total, all of which I filled out and all of which they denied. This process wasted hundreds of hours of my time and caused me to spend uncounted time on the phone with them, tracking down lost documents or resending them. This was an egregious waste of my time, and amounted to One West Bank building up my hopes repeatedly, only to crush them. Eventually, I began to feel like I was working within a system designed to keep me hopeful, distracted and occupied while they worked to get my house sold to the highest bidder at the earliest opportunity. I want to keep my home, which I’ve lived in since 1994, and I’m willing to work to do so, but One West bank has proved to be a morass of bureaucracy designed not to help the homeowner, but to speed them down the assembly-line of foreclosure so that One West Bank can make profits from their purchase of the assets of IndyMac. I believe that One West bank cares little about home-owners and a great deal about generating profits at any cost. Their system for dealing with homeowners and managing federal HAMP funds paid for by American Taxpayers is arcane, convoluted, impenetrable and disorganized. I believe this is their way of keeping homeowners at arms length and yoked under a feeling of powerlessness while they accelerate the foreclosure process. I have experienced these feelings times a thousand through this three year process. Now Ocwen Financial Corporation has somehow become the owner of my home in this process and is threatening me with eviction. I just want to be allowed to remain in the home I've shared with my three dogs for the last two decades. After years of fighting to keep my home and two foreclosure auctions that were failed attempts to sell my home, I'm asking Ocwen to negotiate with me so that I can stay in my home.
JUDGE MARTINEZ, PLEASE RULE ON THE CONSTITUTIONALITY OF COLORADO'S STATE FORECLOSURE LAWSBy signing this petition you can help all facing unjust or fraudulent foreclosures in Colorado and the rest of our nation! Judge Martinez and many other Judges are starting to recognize the people are being victimized by unjust & unconstitutional foreclosure laws. To avoid setting legal precedent, before our Judges can make a ruling, the banks are withdrawing cases or settling with the plaintiff if it looks like they will lose. Our judges have the right to continue cases if they can show that other individual members of the public are interested in the decision because it bears upon their individual rights. Please sign this petition so that when it is sent to our judges they can prove that legal argument and justify continuing these cases brought against the banks. THIS IS OUR CHANCE TO STAND UP TO THE BANKS AND STOP UNJUST FORECLOSURES! PLEASE SIGN AND SHARE WITH FRIENDS. For more info on Lisa Brumfiel's case please visit libertylisa.com
Friday March 15th Eviction of The Broken Angel! Artistic Landmark in BKI saw my friend Arthur today. He is 84. He built the Broken Angel in Bedstuy and after 6 years of fighting the courts he has been evicted from his home. This Friday the sheriff comes to close the deal and I want to throw a big block party to commemorate his monumnetal presence in the neighborhood. http://lovewerk.tumblr.com/ http://en.wikipedia.org/wiki/Broken_Angel_House In 2006 Arthur , his son Chris, and his wife Cynthia came back from lunch to part of their home being on fire. The back tower. The fire dept. couldn't fight the fire from the inside the building and had to use the ladder, which brought in the building Department who declared the structure not up to code. The Woods were arrested for a violation of an eviction notice and told that if they entered their house again they would be arrested. Arthur and Cindy Wood lived in a VW bus in the 8 lot of their property to avoid arrest. They were in their late 70s at the time. The Council woman Laticia James, who in the guise of doing something good for the situation, set Arthur up with Shaun Andersen a real estate developer with an interest in the neighborhood. This turned out to be a very bad partnership. The bank, Madison Realty, gave a 4 million dollar mortgage loan to The Broken Angel LLc, a partnership between Shaun Andersen and the Woods. The loan was supposed to be to bring the building up to code and turn it into condos. $50,000 was given to the LLC every week, which never made it past Shaun's office, except for a few things like a steel staircase and demolition of the top floors. They emptied the building and Shaun Anderson forged documents that said he paid Arthur Wood more than $800,000 for the #8 lot. They did not sign these documents and this money was never given to the Woods. Despite these injustices, the money in the loan ran out and the bank called in the mortgage as a foreclosure. Anderson, Madison Realty and Arthur Wood have been in court in regards to this matter for the past six years. After various appeals and new cases, Arthur has run out of options on his eviction. He has been give a final date of March 15, 2013. Despite his efforts to bring attention to his cause, he has met unsympathetic coverage, the Daily News mocked his case last Sunday saying the neighbors think his house is an eye sore...When standing on the street today hanging out with the neighbors they had tears in their eyes. Prominenty featured in David Chapelle's love letter to BK "Block Party" I would love to have media, friend music whatever present to show the City and whoever else cares that this man is loved and deserves to stay in his home that he built! If you don't think this pertains to you think about all our futures and the houses we buy.. boosting dying neighborhoods,towns,and cities (ahem..) and after you put 40 years of love into something have some developers give you a bad deal and kick you out of your home at 81. If your into humans vs. money and making your dreams come to life... C'mon and share some love on Friday! Even at 81, he was cutting up his artwork with a circular saw to fit it through his door today so he could stick it in a Uhaul. He makes star gazing chairs, beautiful paintings, mechanical furniture...the basement where he made a huge fireplace had a waterfall that flowed in a sheet of water infront of the fire... and when you go take a look the seating area in front of the fireplace. There are two butt imprints one is of Arthur's and the other of Cynthia who died of cancer 2 years ago in the midst of this mess.
Declaration of the Eviction Free ZoneWe, the residents of the Central and Powderhorn neighborhoods of Minneapolis, hereby declare our community an Eviction Free Zone. We pledge not to move out of our homes until stable, equitable, and affordable housing is accessible to everyone who lives in our neighborhoods. We refuse to watch any more of our neighbors forced out of our community. As our community has suffered 835 foreclosures since 2007, our elected officials refuse to act. Though the Central and Powderhorn Neighborhoods are among the poorest in Minneapolis, we owe Wall Street over $52 million in negative equity. While many of us are homeless, abandoned homes sit uselessly vacant, vulnerable to crime and blight. As Wall Street and the big banks are again making record profits, in our community we have seen no relief from the foreclosure crisis. We will no longer be held hostage by the tyranny of the financial institutions that crashed our economy. We have come together as a community to voice our collective demands, and will not move from our homes until they are met. -A moratorium. State and Federal authorities must declare an immediate stop to foreclosures and evictions until policies are in place to ensure stable, affordable, quality housing for all. -No public resources for unjust evictions. Our public servants, city officials, police officers and sheriffs must not interfere with any negotiation by evicting residents who intend to negotiate with their lender. City and County officials could enact a de facto moratorium by publicly refusing to carry out evictions of unjust foreclosures. -Principal reduction. Lenders must rewrite all mortgages to reflect today’s housing prices at an affordable fixed interest rate. Households in Powderhorn Park and Central neighborhoods owe at least $52 million in negative equity to the big banks. Relieving this unjust debt would provide relief to thousands of families. -Housing is a human right. Hundreds of bank-owned vacant properties sit uselessly in our neighborhoods while in Hennepin County homelessness is at a six-year high, and over 30% of all people experiencing homelessness are children. Bank-owned vacant properties should be placed under community control, to be used for affordable housing. We believe that safe, equitable, and affordable housing is a human right. Until this vision becomes a reality for all of our neighbors, we stand together against foreclosures and evictions. We hereby declare the Powderhorn and Central neighborhoods of South Minneapolis an Eviction Free Zone. We, the residents facing eviction, shall not be moved. Jaymie Kelly, 55407, JP Morgan Chase Sergio Ceballos Aguila, 55407, JP Morgan Chase Jessica English, 55408, Wells Fargo Genet Beyene, 55408, Ocwen Loan Servicing Gayle Lindsey,55408, M&T Bank Nafeesah Abdullah McReynolds -El, 55407, Midland Mortgage Co. Paula Medlock, 55408, JP Morgan Chase Connie G, 55407, Citi Mortgage Nathaniel Daniel, 55408, Bank of America
Please Sign Petition To Keep Mrs. Ronni Mandell In Her Home.HOMEOWNER REFUSES TO SIGN RIGHTS AWAY FOR MODIFICATION-BOA TO FORECLOSE Now Loyal Honeywell 27 Year Employee Faces Foreclosure And Needs Champions To Help Her. On August 3, 2012, Mrs. Mandell of West Haven, Ct. received a letter stating her mortgage was referred to foreclosure due to her refusal to sign and return the 5 page settlement form that was sent with the modification. Mrs. Mandell had received an offer from Mr. Mark Bragg, Senior Vice-President of Bank of America (805) 917-1805 which seemed somewhat acceptable but BOA was still demanding Mrs. Mandell to waive her first amendment rights to free speech and press from the beginning of time and forever, as well as her husband‘s, including the right to any legal representation now and forevermore. The couple will be celebrating their 40th wedding anniversary February 4, 2013 and they had hoped it would be at their home but it appears unlikely. They’ve petitioned federal and state government leaders for assistance in dealing with the bank, but their pleas for help fell on deaf ears. This lack of help for these citizens from Rosa Delauro, Richard Blumenthal, the OCC, CFPB and Attorney General George Jepsen leaves this elderly couple helpless in this, the eleventh hour. The Mandells are now being used as “Poster Children” to show any other critics that may want to fight back what happens when you disagree with Wall Street and the government. Both Mandells are prepared to continue to fight and warn other homeowners not to sign waivers and demand the government to ban this practice immediately. Mrs. Mandell is a hardworking, conscientious employee, who started working for a company named Fire-Lite Alarms in New Haven, Ct. in 1985, and then Honeywell Industries purchased the company in 2000, now the company is located in Northford, Connecticut. “This provided her and all the employees a feeling of increased job security as Honeywell, headed by Mr. David Cote, is a well-oiled machine that knows how to grow honestly, responsibly and knows how to treat customers and it‘s employees.” Mrs. Mandell added. Joseph Kancar Bank of America (800) 669-6650 BENDETT & McHUGH, P.C. ATTORNEYS AT LAW 160 FARMINGTON AVENUE FARMINGTON, CT 06032 MAIN OFFICE: 860-677-2868 OFFICE FAX: 860-773-6328 EMAIL: firstname.lastname@example.org
One West, Don't Evict Me From My Refuge of SafetyIt took me three years to find my home, which would accommodate my disabilities, and is one that provides me with safety and protection. My home is not just where my heart is, it is where my safety and security is. It is where I can live in peace; free from the fear of domestic violence and heal from my experiences. My safety and the feeling of being safe, my ability to prevail over my disabilities, and my life savings are in my home. Until my foreclosure proceedings began, I boarded animals for others experiencing domestic violence, but this unfathomably unjust foreclosure process has taken even my means of income away from me. Is there no end to the pain and suffering that banks can bring upon us with their lies and deceit? My home not only offers a safe harbor for me, as a silent advocate, but has also provided a secure place for victims running from violence a safe harbor for their treasured pets, larger animals, and their horses. It is a place where their animals are unmolested, protected and cared for. This gives the victims the time to find safety and time to heal. At this point, for now, I cannot offer that protection as I don't know if I am going to lose my home. But there are no other options that provide for a confidential and sealed location for them to go. The mortgage company stated the reason for the foreclosure as, “failure to make timely payments”, but I had copies of every canceled and endorsed mortgage payment check. When this failed, One West stopped cashing my checks; and even though I have the certified mail returned checks, paid on time every month but refused by One West, the Magistrate ruled they can auction off my home on June 26th. I was not allowed to present my evidence in court, and the bank's fraud was allowed to be stated as fact, while my own voice and proof of payment was silenced. Please help me to stay in my home. I can hardly believe that this nightmare set of events is real, that I can send in every payment on time for my home, but the banks can lie and claim I did not, even when I have proof of every single payment. Somehow, someway we need to stop the present foreclosure laws that can with a brief and short statement by a bank or mortgage company attorney leave families, fathers, mothers, children, their beloved pets, and their treasured belongings homeless. Please sign this petition and help me save my home. And please, make time to call or write Kevin McGowan with the message above.