- 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
Tells Wells Fargo to Negotiate with Yolanda Andrews!Yolanda Andrews was born and raised in Newark, New Jersey, where she and her husband, Hosea, bought their first home in May of 2004. Yolanda often talks about the joy she felt the day her family got the keys to their piece of the American Dream. Today, Yolanda and Hosea are on the other side of that experience, living the American Nightmare. After the economic collapse in 2008, Yolanda lost one of her jobs. She tried working with Wells Fargo in 2010 to get a modification on her mortgage at terms that reflected the real value of her home and at a rate that was affordable for her and Hosea. Eventually Wells Fargo relented and offered Yolanda and Hosea a mortgage modification BUT the terms of the new deal did nothing to lighten the threat of foreclosure. Under the deal, the Andrews family received a lower interest rate, but Wells Fargo increased the principal balance of their mortgage by over $20,000! Yolanda’s monthly payment ended up being only $49 less per month. Yolanda is now battling cancer and fighting for her life. Yolanda has been active in the anti-foreclosure movement for years, always standing with other homeowners in their fights. She has signed petitions, marched in rallies and even taken her story – and the stories of her neighbors fighting foreclosure - to the annual Wells Fargo shareholder conference in Texas in 2014. Wells Fargo claims to be committed to improving the quality of life in the communities which they do business. Ginnie Mae’s mission is supposed to be to “help make affordable housing a reality” for working people like Yolanda and Hosea. If these statements are true, the Andrews would have a mortgage modification that they could afford so they can stay in their home and keep their community from being destabilized even further by the foreclosure crisis. Please support the Andrew’s fight to save their home. Together we can send a loud and clear message to Wells Fargo that families are fighting back against their greedy deals!
STOP WELLS FARGO AND GRAY AND ASSOC. FROM TAKING OUR HOMES DAWN PENNALAI am a single mom of minor children. I have been in my home for 19 years. I take care of other children in my home as well. I own a 2 businesses in my home. I have clients everyday. I am working 3 jobs. I am part of the school JA mentoring tutors in my home. I have been paying my mortgage and chapter 13 payments when you illegally wrongfully put my home into sheriff sale and eviction!
Stop Wells Fargo Home Mortgage from stealing our community!It is ruining our economy. It is unfair, unjust, and ILLEGAL! Homes that families could be raised in, neighborhoods where communities can flourish, just as American nieghborhoods should! This is our experience with Wells Fargo Home Mortgage....... In January 2013,We expirence what I thought was a hardship when my wife's hours had been reduced.I tried to manage things on my own.I had missed a couple payments,In the meantime the postman was leaving yellow post its in my mailbox saying I have important documents to pick up at the post office from Wells Fargo 2-3 times a week. I relize after a couple months I couldn't manage things.I contacted Wells Fargo in hope of a loan modifcation.I presented my check stubs,bank statements and bill info. a couple of times while filling out their loan mod. application, due to them saying they never recieve it or it was misplace. One day my wife put the phone on speaker and we chatted with a lady by the name of Billy Wright. Now Ms. Wright tells us everything we want to hear they can do the talking to Wells Fargo for us.But I had to send them check stubs,and all the info that I sent to Wells Fargo,and 3 payments of 500.00 dollars.After a couple weeks,I chatted with Wells Fargo who said hadn't talk to a Billy Wright. After getting little upset the emails between Ms. Wright and myself ended.At this time Wells Fargo was not being difficult. We just made the wrong decision.We thought that she would assist us better because they knew how to deal with Wells Fargo.I kept talking to numerous Wells Fargo Reps. that said my chances of getting a modification done is greater if I was behind on my payments. We managed to get approved for a modification with my payments going from 780.00 to 741.00 .For the first 3 months of the modification they call the trial period my payment date had been switched to the 15th of the month.Even though we weren't happy with the actual amount it was reduced .My Wells Fargo loan preservation rep. Sophia agreed that the 40.00 dollars doesn't improve the situtation any.The payment date of the 15th however did help my situtation and I express this to Sophia who stated she'd tell her underwriters,because they don't want to make things worse.Plus we thought we had no choice but to except the reduction.So we look for the only good thing going for us. After the trial payments were successful ,they put the payment date back to the 1st of every month which in turn,we ended up late every month with a 50.00 dollar late fee they charge.We ended up paying a payment of 790.00 a month.Which is 10.00 dollars more then I started with.When I ask why would they switch the payment date to the 15th for 3 months just to switch back?I never recieved a direct answer,except whispers of thats how its done. Almost a year later to our displeasure after 14 plus years at same company my wife was let go from her employment.Our hardship just magified double then the year prior.I attempted to make things work out the best I could.After using up all other means we had to assist us.I called Wells Fargo in hopes they would re-evaluate our case or just point us in a direction of someone that could help us.Wells Fargo rep. Crystal Espinosa stated they don't normally look into a case for atleast 2 years after their modification.But it doesn't hurt to fill out the paperwork and see what they can do for you and not to make any kind of payment on an open case.I was always under the impression that banks wanted to keep people in their homes not to foreclose on them.So I again fill out and presented them all the documents they require as I did a year before.This time though I notice things were alittle different on Wells Fargo willingness to talk to us.I wasn't getting the post its from the post office like before,then I was told my rep. switched to Sherry McLean.So I was explaining my situation to a third rep.I ended up without electricity for a couple of months in efforts to send extra to try to catch up.Wells Fargo ended up denying us and sent me a check for the amount I over paid stating that they don't accept partial payments.This being our first home we were willing to do anything we could to keep it.I ask if there was any place they could point me to for help?Their reply was they are not allowed to assist in what someone should do. This is just the first half of our nightmare. I will continue to post updates as I recieve them. To make a very long story a little shorter....we got some good news this afternoon. Parker Maertz from the office of MN Attorney General Lori Swanson, sent WF a letter demanding them to reply and reconsider within ten days from today 3/28/2015.
Prevent auction of John and Geral's home on April 29thMy downs syndrome child has lived on this property since he was born. He knows that it is home, can recite his address, and knows how to get home if he ever got lost. He is able to have his two dogs, has a fenced yard, and does not have to worry about traffic. If we have to be relocated, his confusion and lack of understanding could be detrimental in so many ways. As of today, we would be moving into a 24 foot RV that last ran in 2007. We don't know where we would park it at this time. Geral and I were profiled in the award winning documentary, "American Winter." Our friends at American Winter have set up a fundraiser account on Indiegogo.com to help Geral and I save our home. There are other funding raising activities planned but not as much of a consorted effort as Indiegogo yet. I feel humiliated to ask for help but I don't know what else to do. Any help would graciously be appreciated. All the Best to everyone.
Wells Fargo, Don't Evict Vet and his Children Before Christmas!My name is Joseph Martinez. I am a United States military veteran, and a single parent of Phillip and Joseph Jr, aged 11 and 4. The Rochester City Marshal has informed me that I will be forcibly evicted from my home as early as December 9th. On April 1, 2014, I signed a year lease for 189 Alameda Street. Approximately two months ago, I found out that the house I live in was being foreclosed. Despite presenting a copy of my lease to Wells Fargo, I was informed that the bank would be trying to evict me on December 8, and they wanted me to pack up and leave. Not honoring my lease is in direct violation of the Protecting Tenants at Foreclosure Act of 2009. For me, having a stable home in a positive environment is crucial for raising my children. Having to move would surely create instability. In addition, being so close to Christmas will add additional stress both financially, physically and emotionally. As a veteran I would expect Wells Fargo to be understanding and support me in my wish to stay at least to the end of the lease. I chose Alameda Street because of the proximity to an excellent school with a great sports program where my son, Phillip, can thrive. One month ago I was given sole custody of Phillip, and being able to provide a stable environment for him was one of the deciding factors for the judge. It would be unfair to my son to have to pack up three weeks before Christmas with no home to move into. I am asking Wells Fargo to call off the eviction and negotiate with me so that my sons and I have a place to live for Christmas and beyond. If they will not grant my request, I will be working to peacefully defend my home with the help of Take Back the Land Rochester and other members in my community.
Wells Fargo: Don't Evict George Douglass from his home!My name is George Douglass. When my wife and I purchased a home in Rochester, NY in February 2008, it was a dream come true. It was to be a haven of stability and security. Yet that dream has now turned into a nightmare. Despite my best efforts, despite ill health, and despite my ability to make payments, Wells Fargo has foreclosed on my home and an order of eviction is in effect. In 2008, my wife and I were both employed by the Hyatt Regency Rochester Hotel where I had been working for eleven years. She was also attending nursing school and we were raising two children. Our lives seemed stable and the future bright. Then in May 2009, like so many others after the banks brought the economy down, I lost my job due to cut backs. I was able to get unemployment and a temporary job that lasted six months, but hard times took their toll. Shortly after the job ended, my wife and I divorced and she moved out of the house. My health declined, the unemployment checks ended, and my wife was no longer there to help pay the bills. Now in my 50's and suffering from health issues, finding employment was a challenge. Looking at hard times ahead, I applied for a loan modification. Nothing came through. I was diagnosed with type II diabetes, severe hypertension, high cholesterol, congestive heart failure, and pulmonary sarcoidosis (the autoimmune disease that contributed to the deaths of Reggie White and Bernie Mac). After bureaucratic delays, I was finally approved for disability. In May 2011 Wells Fargo took over my mortgage and made no effort to work out a plan with me. Only one month later, they opted to aggressively foreclose on my home with the help of the now disgraced N.Y. foreclosure mill attorney Steven J. Baum. Wells Fargo went through hard times, too, but when they were struggling, they received massive bailouts from U.S. treasury, totaling up to $50 billion. Even though my home is on the line, I am not asking for a bailout. I am just asking Wells Fargo to allow me to continue to pay a fair monthly amount so I can remain in my home. I believe this to be both a moral question and an issue of justice. Houses all over Rochester lay vacant and in disrepair due to unjust foreclosures. I will remain in my home. I am asking Wells Fargo to withdrawn the eviction, and am working with Take Back the Land Rochester to launch a public campaign to shine light on Wells Fargo’s unjust practices. I join with them to oppose the mass evictions being carried out after foreclosure by the banks, causing untold suffering to thousands of people and dragging down our communities.
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.
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
ASC/Wells Fargo, Don't Take the Only Home My Seriously Ill and Elderly Father has Ever Owned!We've been through enough pain, enough heartache, enough stress! If ASC/Wells Fargo had done the right thing and worked with us (and the State of New Jersey's HomeKeeper Program), we wouldn't even be in this mess. It's long past time for Wells to do the right thing here and keep my dad in the home he worked so hard for. Every human being deserves a second chance to make things right and I implore everyone to help me KEEP MY HOME!
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
Wells Fargo Will not help with 8.3/4 interest rate because I am currentWells 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.