- 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
SUNTRUST: Please modify mortgage for Cindie and her family!I love my community, my neighbors, and this is where my family wants to be. I do not want to be foreclosed on. As an Air Force brat, we traveled all over the world when I was a child. I was taught to love God, family, and country. As you would probably know, finding a wonderful home in an area where all of the neighbors are like family is a dream come true. I found that in this home in Marietta when I moved here into Christopher Robbins in 2000, we are a very friendly subdivision. I have no relatives here so my community IS my family and we do not want to leave. I am scared to death to get that knock on the door asking us to be out in 3 days. After going through various personal issues, such as a divorce, loss of my father, grandmother, aunt and uncles, within a short period of time, life became difficult. Not only did my health suffer from having to have several surgeries, as well as detached retinas, it limited my ongoing ability to work full time. I have always kept a very good credit score and paid my bills. I have two wonderful children, one is a teacher and one is still in college. I want my children to be able to stay in this home when they need to, how can I possibly tell them the home is gone and taken by the bank? When times became tough I had no choice but to take out a home equity line of credit with SunTrust to keep up my credit score and to pay my bills. I also ended up taking most of my retirement out just to keep everything in line. I now have a tiring, exhaustive project--working with Suntrust to modify my loan, the fight feels like a full time job. As a homeowner, which has been a dream of mine since I was young, I have not been able to sleep nor is my health holding up because they are threatening to foreclose and it has affected me tremendously. They say they lost paperwork, or transfer me around, and the end result is always the same--we can't modify. If you think about it, we work hard to have an opportunity to live in a home and unfortunately it has come down to the fact that we need assistance to make our loan more affordable. I have always had a high respect for paying my bills, my credit score has always been high & I was successful in my work. However, with health issues and the divorce and other things that I could not control in my life, I fell behind. Now SunTrust will not work with me. They have caused me undue stress with headaches, nightmares, many sleepless nights, and in January I unfortunately had a mammogram come back positive. If you would please sign this petition and assist me in trying to get them to make some sort of a modification to make my payments affordable I would be grateful. A modification would assist our family greatly, then hopefully my health will improve and I can continue to make progress so that I can be more productive at work. With the stress of a potential foreclosure it has been everything that I can possibly do to keep from wondering if our family will be homeless with or not. If we all stick together and you can assist me by signing this petition and forcing SunTrust to work out a modification for me I would be grateful. SunTrust offered me a lower rate at one time, but then actually did not follow through. That is very sad. I'm going to work very hard to fight this, & I hope that you will assist me by adding your name to this petition and we can present it to the executive office at SunTrust to MAKE A DIFFERENCE!! Let's do this!
KEEP SARA MURRAY & JOHN "SPEEDY" FISHER IN THEIR HOME!Hello, my name is Sara Murray & my family & I are victims of mortgage fraud. We are a family of 6 with twin 14-month old granddaughters. There are four generations of our family living in our home at 340 Glenloch Ln. in Stockbridge, Georgia. Our mortgage closing was July 27, 2006, & it was attended by my husband & me, the former owners & their children, lawyers, & a notary. We were signing a 100% fixed rate, conventional mortgage for 30 years. The next day we got a call from the lender & they said our papers were messed up, so we had to come in & sign them again. This time, only myself, my husband & the notary were at the closing. My husband & I believe the lender changed the terms on the second set of documents we signed. They have my name on documents on dates on which I was NEVER THERE! We've contacted SunTrust many times since 2006. They said everything was correct or didn't answer our letters. We got an anonymous call in October of 2010 that said we had a fraudulent loan & should file a fraud claim. Since then, we've hired several lawyers. While we try to keep the family out of it, the legal fees are putting a strain on our household finances. On December 17, 2012, the FBI interviewed me at the house about why we had 5 security deeds. The criminal case is still open. After the closing, our payments adjusted so that they were more than $600 more a month than we agreed to. We had been able to pay, using up our savings & because our son & a friend were staying with us & contributing to the household. Our loan has been transferred to Seterus & we need them to lower our payments to make our home more affordable. We need your signatures on this petition to help us save our home. Help us fight this injustice!
SunTrust Stop Destroying Small Businesses, Don't Evict D'BABS Construction!Hello my name is Brunetta Nelson and my sisters and I own D'BABS Construction. We shared the same difficulty that 99% of us were experiencing during our nation’s financial crisis. After years of perfect payment history, we begin to have slow and missed payments on our loans. SunTrust assigned us to a special asset officer so that we could hand deliver our payments directly to the headquarters location downtown. When our property taxes got behind, SunTrust paid them and demanded a full reimbursement immediately. At this point, we entered lump sum payments. The loan officer admitted that these payments were misapplied many times. On May 4th the loan officer emailed me to say that he no longer worked for SunTrust and that someone else will be assigned to me. I waited and waited with my payment. The next thing I received was a pay in full demand letter. I called the person on the letter immediately and she gave deaf ears to my voice. I sent her a copy of the email that I had from the loan officer and told her I had the certified check. She was so mean to me. I then hired an attorney quickly. He was negotiating on my behalf, but after a couple of rounds SunTrust went silent. He told me to just be ready when they respond so we could get a final deal. The next thing I got is a call from my realtor asking me if I knew we had been foreclosed on. She had received a call from a SunTrust realtor and was just as shocked just as I was!! I called the lawyer who told me he did not know that this had happened. He also said it was a conflict of interest for him to represent us because he was now working on SunTrust legal team. We immediately filed a Wrongful Foreclosure lawsuit against SunTrust and have been fighting for over a year! Because of this disturbance to our business, we lost our rental income of $10k per month, we have spent over $100k in legal fees, and we’ve paid over $100k into the courts registry. In fact, in the discovery for the wrongful foreclosure suit, our lawyer discovered that we have overpaid. I cannot tell you how much our business has suffered by the loss in sales and income because of the interference of our business by SunTrust. The Big Bank asked the judge to enter a Summary of Judgment so that a jury cannot our hear our case. We have appealed this action. In the meantime, SunTrust struck new leases with our remaining tenants, and evicted them. Now they are demanding that we vacate the property. It is so painful for my sisters and I to walk into our office and see that everyone has been run away and how much we have suffered over this mishandling of a small family business that was built brick-by-brick for 25 long years. I can’t count the toll of the sleepless nights of crying, the loss of my hair, and the choices made as a result of this disaster. Please help!!
Fannie Mae Lied: Keep 75 year old Evelyn Nelson in her home!Evelyn Nelson has lived in her home since 1967. When her husband passed away in 2005, she took out a loan to pay off a debt that her husband accrued from his business. She went back and forth with multiple banks that held her loan from time to time. Sun Trust, the last bank she deal with, promised to work with her and kept telling that they would approve her for modification. They would asked for the same paper work over and over again. When they told her to get a renter to increase her income, she got a renter. They gave her the run around. Sun Trust kept postponing the sale date while she kept talking to multiple people. Sun Trust foreclosed on the home. But they still kept sending her packets and information for a modification! Fannie Mae, the investor, has refused to rescind the foreclosure,despite evidence of dual tracking. They left her with one option: to purchase back the home. However, it doesn't stop there. Evelyn kept calling Fannie's lawyers to say that she found away to purchase back and instead of following through with the option they provided, Fannie Mae is NOW refusing to sell the home.
Freddie Mac: Don't evict the Schnieders from their homeThis has been our home for 10 years. We have two small children. I have severe mental health issues and I feel behind on two payments. Suntrust then refused to accept any payment as I did not have the full amount. My husband knew nothing of this. The last payment they accepted was 8/31/2013 and they foreclosed on our house by 1/7/2014. Freddie Mac is now demanding we leave our home. Whereas, the eviction manager from the law firm is giving us two dates to leave and have money to move. They have also forwarded to Freddie Mac our want/need to bring the mortgage current, and take back the loan (reinstatement). Nothing is happening and I have never seen a foreclosure move so fast. I was so overwhelmed I attempted suicide as my husband did not know this was happening and I was hospitalized for said attempt. Please help us.
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!
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
Fannie Mae: Don't evict 86 yr old disabeled homeowner of 40 yrs Willie Rahn, risking her healthThis is important because whole thing was wrongfully done. Being evicted from her home of 40 years wil be the death of her. Her daughter, who now resides in the house with her, has been dealing and fighting with this for the past couple, and during this time was making regular payments during a trial modification, (that was denied). I believe the loan was wronfully funded in the first place. There are several different points that prove that. She paid her house off once. This loan she was talked into while she was in the beginning stages of Alzheimers, she in her right mind would have never agreed to an interest only loan.