Forum Post: Wells Fargo occupies then parallel forecloses on a homeowner, please sign the change dot org petition. EXCITING UPDATE!
Posted 12 years ago on Jan. 15, 2012, 9:33 a.m. EST by OccupyNews
(1220)
This content is user submitted and not an official statement
Here is a link to the Wells Fargo Occupies a home story. If you have about two minutes to spare, you can make a difference. HSI Trust is handling the case for the foreclosure victims.
http://www.occupynews.blogspot.com/2012/01/wells-fargo-occupies-and-forecloses-on.html
About two years ago I started a blog called "Parallel Foreclosure". Very few people use this phrase, but what happened here is an exact example of parallel foreclosure.
http://www.parallelforeclosure.com
Or go directly to the petition page if you like. http://www.change.org/petitions/john-g-stumpf-ceo-wells-fargo-rescind-rachel-kendalls-foreclosure-auction
I didn't use my real address or zip code, but I did use my real name and email address when signing the petition.
Your voice is a vote. Petitioning is lobbying. The Peoples Lobby. You don't need money, just voices/votes. Take part. Take action. Lobby!
http://www.occupynews.blogspot.com/2012/01/wells-fargo-occupies-and-forecloses-on.html
http://occupywallst.org/forum/your-voice-is-a-vote-you-dont-need-a-lot-of-money-/
It almost seems too easy to just sign a petition and that may explain why some are reluctant to do sign the petition. I can just see occupiers lecturing their grandkids in the future, "When I was a youngster we protested in the cold and used our skulls as shields, and we didn't sign not stinkin candy ass petitions"!
What was it General McArthur said about making the opponent die for their country rather than staying out in the cold and getting skulled by a cop?
lol, up to 32 signatures. wow. Up to 42 and climbing. come on people. Anyone who would occupy a street in the winter but won't sign a petition to publicly denounce wells fargo while helping a family keep their home, um, explain it to me, please?
WHO THE FUCK GAVE MY COMMENT A MINUS SCORE AT THE VERY BOTTOM OF THIS PAGE WHEN ALL IT DID WAS PROVIDE A LINK TO LEARN MORE. WILL YOU FUCKERS START PLUSSING STUFF BECAUSE THE MUCH SMALLER MINORITY IS OUTFOXING YOU, SHIT!
Check out this link. It CLEARLY explains how the 200,000 home loan is irrelevant to banks like Chase Bank. They actually want the homeowner to fail. http://livinglies.wordpress.com/2012/01/16/jpmorgan-posts-19b-annual-profit-despite-housing-hangover/
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I work for HSITrust and have been directly involved in Rachel Kendall's case to rescind this foreclosure. You can watch a segment about us on ABC Primetime Nightline http://abcnews.go.com/Nightline/video/home-save-foreclosure-banks-business-negotiate-family-15134140. Learn more about us at our website www.hsitrust.org and our blog hsitrust.wordpress.com You can also find us on Facebook and Twitter. Please help us save Rachel Kendall's home.
I hope those viewing this topic will watch the video, it's very powerful. The women profiled in the video made a reasonable point. If the interest rate on her mortgage is lowered, she can actually pay all of her bills every month.
She's not asking for a handout, she's asking for something reasonable and the banks would not accommodate her until HSI got involved.
As for the family featured in the petition, the petition signatures are up to 328,
cool!
333 signatures and climbing. Great to see the numbers increase even overnight!
Thank you for posting this, and for raising the profile of internet petitions in general. This is a new, easy, and relatively promising method of achieving change. Just one more tool in out tool kit!
People please, can we not help this poor family? We need just 450 signatures.
OSTA : First we had one, then two sponsors for the "One Subject at a Time Act." NOW WE HAVE SIX!
We've just gained 4 new co-sponsors.
This means that you now have multiple new chances to become more powerful! Here's how to . . .
Do two simple things that will make it more likely that some of these new "One Subject" sponsors will . .
STEP ONE: Go to the Facebook pages for each new co-sponsor and thank them for supporting the "One Subject at a Time Act."
Representative Mo Brooks of Alabama: http://www.facebook.com/pages/Congressman-Mo-Brooks/155220881193244?sk=wall Representative Ann Marie Buerkle of New York: http://www.facebook.com/RepBuerkle?sk=wall Representative Robert T. Shilling of Illinois: http://www.facebook.com/congressmanbobbyschilling?sk=wall Representative Allen B. West of Florida: http://www.facebook.com/AllenWestFL?sk=wall
Use your "thank you" to suggest that they send a "Dear colleague" letter to their friends in Congress, asking them to become co-sponsors too.
Also ask them to consider introducing the "Read the Bills Act" and the "Write the Laws Act." Share the links for those bills with them . . .
https://secure.downsizedc.org/etp/rtba/ https://secure.downsizedc.org/etp/write-the-laws/
Many of you have done this already with Reps. Marino and Posey. It's had an effect. In fact, we know it's been a positive motivator for Rep. Marino to seek additional publicity for OSTA and to recruit his colleagues.
STEP TWO: Call and say thank you for sponsoring the "One Subject at a Time Act", and suggest that they send a "Dear Colleague" letter asking other members of Congress to also co-sponsor "One Subject."
Rep. Mo Brooks: Phone: (202) 225-4801 Rep. Ann Marie Buerkle: (202) 225-3701 Rep. Bobby Schilling: (202) 225-5905 Rep. Allen B. West: (202) 225-3026
And finally, if you think we're doing a worthy job, consider making a financial contribution here.
Jim Babka President DownsizeDC.org, Inc.
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Only 569 signatures.
What are you waiting for ?
This "IS" direct action. What many complain about not having here. Sign it pass it on and shut-up.
Come on folks, why hasn't this petition gotten 1000 signatures long since? This case is at the very heart of what we're protesting. Let's save these poor people from the goddamned savage bankers!
I started a new blog that at the moment features wells fargo protest petitions. http://www.changepetitions.blogspot.com
Thank you very much! What better way to spend a cold winter than signing petitions and supporting boycotts! Keeps us keen for spring!
You mean a cold winter, "inside", I hope.
Well, we're going to keep these people inside anyway, if I can do anything about it.
Awesome!
I made a post dediated to this issue, and it got a very limited response. I don't understand that. It mystifies me.
In any case, thanks for your good work. We never know what it will be that tips the scales. That is one of the eternal mysteries.
All I know, is that we must not give up heart. On some things we will win, and on some we will lose, but working together I am confident that we will find the key that turns the lock!
My experience tells me that people actually need to meet or have previously met. Without that link, words on a screen just don't cut it, unless they are the spoken word via youtube. However, online petitions do cut it because the petitions become a collective.
That is a very valid point, and I think everyone in this movement, who is so inclined, should get directly and personally involved. You are very right that this is ultimately going to be a movement out on the streets again. If it is not, than our efforts run the risk of simply being stonewalled in the political process.
That has always been their first technique, tp make a lot of promices and wait till you go away. We must not allow that, and therfore we must return the streets when the time is right.
On the other hand, what the 99% are doing, in their creation a list of grievances, is also absolutely necessary. It forces "them" to acknowledge WHY we are on the streets, and exactly what we want. This is not pleading to power, it is recongizing how this process actually must WORK. Finally, I think those who are working on the internet are not lazy. For some of us, for whatever reasons, it is the only way we can contribute, and for some of us, is is the contribution we should make, because it is what we do most effetively. Each person must contribute based upon their stregnths.
So, in short, I think both points of view are right.
This information is why I love this site. While i could be like one of the jackasses who posts "serves them right" and "they should have known," what people do not understand is that banks do not have common sense and will leave a house vacant in your neighborhood. They do not live there. We have four homes within a mile of our residence that represent this. If we lose a homeowner and have a vacancy, it hurts our neighborhood, potential tax dollars, this person does not support our community nor have children in our schools. Again, I appreciate the sharing of information. I have gotten rid of my credit cards and after another fur months, they will be paid off. I am determined to never have another car payment again- cash only.... When people wonder what they can do...don't be a victim of the banks...pay cash -save -live within your means...and support others.
I shake my head in wonder at some of these posters...If an individual makes a mistake- judgement is tossed at the individual. If a corporation makes a mistake? It is called a bailout...right? I would rather help a neighbor than a corporation.
If I recall correctly, the family suffered a car accident (not their fault) that forced the husband to miss work. Apparently PMI (private mortgage insurance) can be forced upon homeowners who put less than 20% down on a home, so as soon as they miss a payment for any reason, the bank can swoop in, use the PMI to get some instant cash, take the home off the books, resell the home and get another down payment, and put a scarlet letter on this family so any future loan will be at the highest possible interest rate.
all because of a car accident that was not even their fault, and a corrupt system that has no debt neutrality clause to protect people going through a legitimate hardship.
People can't be bailed out, only corporations posing as people can be bailed out.
Thanks for this thoughtful comment. "I would rather help a neighbor than a corporation." That's great - that, to me, sums up what this whole thing is all about.
I really can't understand people's reticence to participate in these online petition drives. This is something the net enables us to do that has been proving very effective.
Thank you Gypsy King, I can't either. And for those who fantasize about starting an online business, how can you make money if people won't even help someone being screwed over by the banks when it won't cost them anything but a couple of minutes of their time to sign a petition?
Yes, not to mention that money transactions, as well as records of such transactions on the net, are mostly controlled by the major financncial corporations. At least they can't steal an online petition.
unless the public can verify an online petition,
I can't take it seriously
Maybe you can't, but they have already achieved verifiable results; so I'm not sure that the question is whether YOU can take it seriously.
The question is whether they can achieve results.
If enough people vote for a cause, it FORCES the company being focused on to address the issue, it gives reporters a REASON to demand a response. Many good things can happen if enough people support a person being abused by the banks.
Completely agreed.
Excellent point. Also, if 50,000 people sign a petition, and the people who are presented the petitions don't care, that can prove a bad move by the rejectors.
Right, there really is strength in numbers. I think we have been isolated and disempowered for so long that maybe we don't sense this anymore on a gut level, but there really is strength in numbers.
Yes, there is even more strength in anonymous numbers joined together simply because the cause makes sense.
That's right! Man, they just don't stop trying to find ways to divide us. If we wonder about the growing strength of this movement, just look at the growing numbers of paid trolls sent here to mess with us!
Important to remember to like each other's comments when applicable.
Thanks for the reminder, and yes, it's very applicable.
any more takers?
Have you signed?
Apparently two SEPARATE Wells Fargo Protest groups converged on the SAME Wells Fargo Bank and just missed each other by an hour.
Tomorrow they are going back in unison. Please sign the petition if you have not done so already.
http://www.change.org/petitions/john-g-stumpf-ceo-wells-fargo-rescind-rachel-kendalls-foreclosure-auction
Read more about the protest scheduled for February 9th, 2012 at Sacramento Wells Fargo Bank involving Occupy Sacramento and Rachel Kendall.
http://hsitrust.wordpress.com/2012/02/08/rachel-kendall-and-supporters-to-protest-with-occupy-sacramento-at-wells-fargo-event/
Is it coincidence that Wells Fargo just announced a new home ownership program for the cities of Atlanta and Los Angeles?
http://losangeles.cbslocal.com/2012/01/24/wells-fargo-rolls-out-mortgage-homebuyer-assistance-program-in-la-and-atlanta/
391 signatures. Trying to be positive but I think it's time for the Occupier jokes to begin.
405 signatures.
Here's some of what I replied to the person/real estate agent who wrote this: "http://sfbay.craigslist.org/sfc/rnr/2812118730.html
Surely you jest. Blaming the banks or greed of the banks, or whatever? We've become a nation of whiners, blaming everyone except the person actually responsible, in this case the person who took out the loan. Consumer rights are respected to a fault in this country, from RESPA, to TIC, etc. And yet they still blame corporate greed when things go wrong. I've been a R/E Broker for 25+ years and have yet to meet anyone who didn't know what they were doing when they took out the loan. Let me correct myself, they're not whiners they're chickenshits."
Part of my reply: "While it may be true that the majority of your particular clients are more financially literate than the bulk of borrowers throughout the USA I'm confident that at least a few among them directly impacted in their earnings through employment or business ownership may be among those who are experiencing difficulties with their loans so even the educated consist of a cohort who are not unscathed and yes, they are, we are victims of the 'goings on at the 'top' of the economic/Wall Street food chain, why do you think micro and macro economies expand and contract with some industries labeled as 'cyclicals' experiencing more volatile impacts?"
..."In closing, as a way of explaining my understanding of the current crisis and the machinations behind it you may find the following of interest:
http://www.youtube.com/results?search_query=lloyd+blankfein+testimony&oq=Lloyd+Blan&aq=3&aqi=g10&aql=&gs_sm=c&gs_upl=2599l9760l0l15100l16l13l3l2l2l0l542l3116l2-1.4.2.1l8l0
Lloyd Blankfein, CEO Goldman Sachs Congressional Testimony
http://dealbook.nytimes.com/2011/06/06/the-fine-print-of-goldmans-subprime-bet/
"some of what Goldman and others did ahead of the financial crisis is deeply troubling — and possibly even illegal — and they should be punished if a crime was committed. But on this particular score — about Mr. Blankfein’s testimony — the evidence is far from convincing."
http://www.youtube.com/watch?v=PaYUYkLyXdU
The Financial Crisis Explained, The video CNN, FOX, ABC, CBS, BBC, NBC, RT, don't want you to see
http://www.youtube.com/watch?v=AZU0c8DAIU4
Mind blowing speech by Robert Welch in 1958 predicting Insiders plans to destroy America
http://www.youtube.com/watch?v=F_ciT1psaPc
John Birch Society - Overview of America - Part 1
Uploaded by PatriotsOath on Dec 9, 2009\
Part 2 - http://www.youtube.com/watch?v=DsoIR2BlCH8
The United States is not a Democracy it is a Republic! (somebody on www.occupywallst.org shared the Robert Welch speech and I found this on Youtube.com to be a great short form explanation of what we as Americans need to understand and strive to protect.)
http://occupytogether.com/forum/discussion/219/its-all-about-the-money.-end-the-fed#Item_14
http://www.parallelforeclosure.blogspot.com/
http://ml-implode.com/
http://mortgagefraudblog.com/
Perhaps Occupy Wall Street would consider having a page for online petition drives.
That's a great idea. Meanwhile, maybe a post titled 'Online Petition Drives' with any you find related to issues addressed by OWS is in order until they do so?
I like one petition per topic so people can focus on the issues deemed the most important.
Here is the link to "Victories" that Change dot org has had a hand in helping to achieve. http://www.change.org/victories
384 signatures. Probably 40 to 50 are a direct result of this article and this site. Hopefully we can do better than that.
369 signatures.
You all don't want me to make an occupy joke do you?
How many Occupiers participate online helping others?
Answer. 1%
Don’t give up your day job!
Oh I get it you were pretending to say something stupid that didn't make sense. You were pretending to be a righty.
I get it now --------- Yeah that is funny
Here's hoping my joke is not truthful.
I'm worried that thousands of people participated in the occupy movement in the freezing cold, but when it comes to signing a petition online to stop parallel foreclosures from occurring, (apparently parallel foreclosures are legal), hopefully more than 1% will participate.
If one wants to sign the petition but does not want to give their real address, or zip code, make one up. I think a real name and email is probably good enough, and the email is supposed to be kept private.
I'd probably keep the state correct so that the diversity of states is known. Up to 182 signatures.
133 signatures now, many of those from the rebroadcast on ABC Nightline. What about the occupiers? .
Signed and giving the post a bump.
Thanks! I don't know these people but the company that initiated the petition HSI Trust seems like they are fighting for the 99%.
If you watch the Niteline video, it looks like their office is on the second floor, above a saloon!
Seems like HSI intends to help out the homeowner. It's a shame the homeowner can't deal directly with the bank, but the banks don't seem overly concerned with working out problems with homeowners these days.
I believe this is because wall street investment money has intervened in home mortgage securitizations over the past 10 years.
This should never have happened. There are accusations that the federal reserve funds wars. This could very well be true because our own government and the federal reserve seems to have taken a back seat to wall street when it comes to backing home mortgages, and those on wall street appear to have uses home securitizations as ponzie schemes and now want the homeowners to default since they make additional money and can also cover their fraudulent securitization tracks.
Yeah, I watched the documentary "Inside Job". The bankers are bad boys. Where are the cops when you really need them? Wall Street Boys..Wall Street Boys..Whacha gonna do...Whacha gonna do when 'dey come for you...
Nightline is on on the west coast, you can check out HSI Trust, the people handling the mortgage case for the homeowners, for yourself.
The HSI Trust episode just ended on Nightline ABC for the East Coast. If Nightline is not on yet you neck of the woods, you can still check out the segment, or view it online.
We're up to 46 signatures. Please keep it going. http://www.change.org/petitions/john-g-stumpf-ceo-wells-fargo-rescind-rachel-kendalls-foreclosure-auction
Remember, you don't have to use your real address or zip code, I didn't. Real name and email is about it.
This is a pretty good explanation as to why Banks want homeowners to lose their homes.
http://livinglies.wordpress.com/2012/01/16/jpmorgan-posts-19b-annual-profit-despite-housing-hangover/
Have you signed the petition, if not, why not? http://www.change.org/petitions/john-g-stumpf-ceo-wells-fargo-rescind-rachel-kendalls-foreclosure-auction
Here are THREE STORIES about contemptible foreclosure actions taken by the mortgage servicers and the banks against the 99%
http://www.huffingtonpost.com/2012/01/27/foreclosure-crisis-twisted-world-mortgage-lender-error_n_1236634.html?page=1
Please consider signing the petition after reading these stories as Rachel Kendall's story is no different.
Unite in common cause. Hate the things that are wrong in this world. Support each-other in making things right. This is where the healing will begin.
The Government of "The People" by "The People" for "The People"
We are the 99%. Take part in "The Peoples" Lobby.
Take action. See samples of how below.
196,030 signatures so far for Bernie Sanders petition as of 9:40am central time 01/27/2012
http://sanders.enews.senate.gov/mail/util.cfm?mailaction=clickthru&gpiv=2100081904.557411.411&gen=1&mailing_linkid=34578
The petition to save abandoned houses has 16 signatures. We picked one up at around 11:07am 01/16/2012. Were just rolling right along.
http://www.thepetitionsite.com/1/Savingpeople-savinghomes-payingdowntheNationaldeficit/
Here is a place where you can directly address change. Take part, it does not hurt and may very well heal/help. Forward the cause of reform and rebirth.
http://www.care2.com/go/z/e/Ag8nw/zL2Q/B18Bb
Sierra Club has some good things to take part in as well. Set-up and ready for you to take part in. http://sierraclub.org/
Ideally, you start another wall street call to action topic, and then come here and link to that comment. And then I can go to that topic and link here. Posting all the various links can end up making this one topic look too link cluttered.
350 signatures and climbing. I'm curious why anyone who is an occupier would not want to sign the petition. Don't use your real address or zip code when you sign the petition, just as long as your name and email address and state is correct, that should suffice.
Here is an exciting update. http://hsitrust.wordpress.com/2012/03/21/lets-not-move-on-protestors-say-lincoln-news-messenger/
Looks like the Occupy Movement will be involved with Rachel in the next 12 hours in Lincoln California.
http://pol.moveon.org/event/events/event.html?event_id=127827
this needs a single link
where it is clear what is being signed
Matt, the third link, (aka the last link provided), takes one directly to the change dot org link site. I sometimes create articles on stories so that I can always find them (sometimes stories just disappear), and I always credit my sources, that is why there are three links.
This is your clear link.
http://www.change.org/petitions/john-g-stumpf-ceo-wells-fargo-rescind-rachel-kendalls-foreclosure-auction
Everyone sign it and pass it on.
This "IS" direct action. If you don't participate that is your choice but do not complain that no direct action is offered here.
Absolutely! This just boggles my mind. There are almost as many comments here as signatures on this petition????
It truly is mystifying as to what some will join in on and what they won't.
i don't feel like giving out my address
where can I view the signatures ?
Hi Matt, yes, I think there needs to be more clarity over how the addresses get used. I actually put a fake street and address for now, but my email address, name and state is real.
how can banks ever redeem themselves from the parallel foreclosure actions and the tremendous anguish they have put people through, its such an extreem action, and undeniably ill will, that they deserve to be broken up by order of we the people.
So here is a change dot org partial success, it's really an amazing story and a petition that I signed even though I have no student loans.
Here is the message.
Wow -- we really got Sallie Mae's attention.
Yesterday morning I delivered our petition demanding Sallie Mae drop unfair "unemployment penalties" to their office in Washington, D.C. When one of the police officers waiting for me escorted me into the building (I’m not sure why they thought I was so scary!), the exec I gave your signatures to couldn't even look me in the eye.
But less than three hours after I dropped off our petition, Sallie Mae announced they were changing their policy, and would start applying these fees towards borrowers’ loans instead of just pocketing the cash in extra profits.
I'm psyched about this development, but the policy change they announced isn't close to good enough. This is the moment to ramp up the pressure to make sure Sallie Mae knows we won't back down.
The best way to show them is to say so -- loudly and publicly. Sallie Mae has an active Facebook page for uPromise (a credit card they sell to college kids and their families that’s hugely important to their bottom line). Will you write on Sallie Mae’s uPromise Facebook wall demanding they completely drop unemployment penalties? http://www.facebook.com/upromise?utm_source=action_alert&utm_medium=email&alert_id=vbaCeaTVRo_cDcZBzEmIm&me=aa&sk=wall
Here’s a sample post to get you started, but a personal note will make even more impact:
Sallie Mae is turning education dreams into financial nightmares. It's time for Sallie Mae to drop their $50 unemployment penalty for loan forbearance. http://chn.ge/SallieMae Sallie Mae might think their step forward means we'll back down. But this fight is far from over for me (and the unemployed and underemployed people like me) who just can’t pay these fees.
Every extra signature will add to the pressure they're already obviously feeling -- and hopefully guarantee they end unfair "unemployment penalties" for good.
Thanks for standing with me,
P.S. The first phone call I got after hearing about Sallie Mae’s decision to change their fee policy was from the New York Times -- and I’m a New Yorker, so getting covered by the Times is a huge thrill for me. After you share the petition link, check out the awesome story published in today’s paper: http://www.nytimes.com/2012/02/03/education/sallie-mae-to-change-forbearance-fee-policy.html
The point being I knew it was the right thing to do even though it did not directly affect me. In that spirit, keeping a homeowner in their home rather than being a victim to parallel foreclosure, even if we are not afflicted by the same situation, can also be the right thing to do.
Congrats on meeting the goal of 500 signatures! I'm so glad to have been part of the process and that maybe a good number came from simply posting the info elsewhere and emailing others.
It's a great feat, but it's really just the beginning. Thanks for your thanks however, and I agree posting the message in different locations helps.
DOER ALERT: Wells Fargo this is Unnecessary, Unreasonable and Unthinkable
http://mandelman.ml-implode.com/2012/01/doer-alert-wells-fargo-this-is-unnecessary-unreasonable-and-unthinkable/
Thank you for sharing this. I was surprised no mention of the petition was included, however I added a comment in the comments section with a link to the petition. Almost at 500 signatures.
Thank you for putting the link up so people would see it clearly, I was pressed for time, and hastily put it on your thread before dashing out the door =)
It's an awesome story, I hope it helps with the petition count.
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Wells Fargo has a nasty habit of this behavior with ALL their loans. I have a business auto loan with them and was ONE day late, ONE TIME and they locked me out of my account so that I could not pay online like had been doing for over a year. I called them immediately ( assuming they would fix the tech glitch) and was told that only current accounts are accessible online. I can understand if it was 30 days or 90 days late but ONE DAY? Then she told me that once I brought the acct. current they would unlock my account- BUT they never did. I told the woman that since I could not make a payment online and that I would make a payment at the bank the next day and they said that I could not do that. They said I could pay via phone but that it would cost me 15.00. I refused to pay them and ended up mailing them their payment but they have kept me locked out of my account ever since and they post my payments as being late when I mail them in plenty of time. Thankfully, I have only one more payment to go and then I will be done with that bank forever. BTW, Wachovia had the loan prior to WF and I had NO problems with them. But, within 4 mos of the merger, I began having problems.
When these bank mergers happen, both sets of computers from both companies have to be merged together at some point.
Before that computer merger actually happens, there can be huge delays in processing payments and rather than the banks taking personal responsibility, they pretend nothing is wrong knowing that the billing automation from banking both systems will kick out plenty of late fees and penalties.
In essence, the banks get rewarded by being inactive instead of proactive.
I gave them more than 2 years to resolve any of their technical issues and to date they have still kept me locked out of my account and still insist that I pay by phone if I want to ensure that my payment is processed in time. It's a scam. They are ruthless crooks and their customer service reps must have brain damage because it's pretty obvious that not a single neuron is firing. Then again, they could be deaf since they never seem to respond appropriately to any of my questions or comments.
So you have been paying a monthly payment fee to pay by phone???
Nope, I pay them by mail because otherwise they would charge me to pay by phone. I also can't do an ACH now because my bank charges me for those. I could send via wire but that costs too. So, why not mail..it's free and mostly reliable when those receiving it post it properly. guess what? I just got off the phone with WF this morning. I called them to discuss the amount of my final payment so that I can make absolutely sure that I have the correct final amount and hence, end my relations with them and get my title and you won't even believe this!!_ the guy told me that my account was 99 days past due and that was a bold face LIE. They received their most recent and current payment Dec 13 ( several days before the due date) and I know this because I checked my bank account. SO why are they telling me it's that late? Are they not posting my payments as they receive them? Are they posting the payments improperly? I also reminded him about them locking us out of our WF account and he said, ' Mam, there's a good reason for that" but never explained. I told him that I thought that was pretty unproductive for any company to prevent their customers from being able to pay. He suggested that I set up online bill pay at my bank so that I can make my final payment to them. How ridiculous is that? The guy also threatened to charge off the account since it was so overdue but when I cornered him with check numbers and info from my bank statements, he backed down and told me that he wasn't sure because he was in a different dept and didn't have access to account history. Did he think I would believe that? This sort of corp corruption really upsets me in the worst way and it's bad for my health! I feel like this is never going to change in this country and only get worse. I think about folks who are not as aware/savvy as I am in communicating with these evil shysters and who are easily bullied. Nonetheless, no one should have to deal with this.
You should take a deep breath or two, relax, and construct a one page letter explaining what you feel you have been unfairly put through, and mail it to Wells Fargo corporate.
It sounds like they think something is going on with your account and a letter might give them a chance to put in writing an official position from which to proceed.
I'm not going to waste my time complaining to WF at this point. I have sent them their final payment and am finished with them. That in itself is reason to take a deep breath. I will never do business with them again.
Did you sign the Wells Fargo petition, I hope.
Most definitely!
Very cool!
I signed.
We are the 99%.
Take action. See samples of how below.
184,401 signatures so far for Bernie Sanders petition as of 11:07am central time 01/16/2012
http://sanders.enews.senate.gov/mail/util.cfm?mailaction=clickthru&gpiv=2100081904.557411.411&gen=1&mailing_linkid=34578
The petition to save abandoned houses has 16 signatures. We picked one up at around 11:07am 01/16/2012. Were just rolling right along.
http://www.thepetitionsite.com/1/Savingpeople-savinghomes-payingdowntheNationaldeficit/
Here is a place where you can directly address change. Take part, it does not hurt and may very well heal/help. Forward the cause of reform and rebirth.
http://www.care2.com/go/z/e/Ag8nw/zL2Q/B18Bb
Sierra Club has some good things to take part in as well. Set-up and ready for you to take part in. http://sierraclub.org/
-Signed It- sheesh, so very many stories like this, thank you for sharing!
And by the way, every time I hear that name, is it any wonder that my thoughts immediately reflect upon the following history:
( ( ( f l a s h b a c k ) ) )
:::::Banks Financing Drug Gangs Admitted in Wells Fargo Deal:::::
http://www.bloomberg.com/news/2010-06-29/banks-financing-mexico-s-drug-cartels-admitted-in-wells-fargo-s-u-s-deal.html
( ( ( f l a s h b a c k ) ) )
:::::Wachovia Bank Laundered Billions from Drug Cartels:::::
http://fromtheleft.wordpress.com/2011/04/05/wachovia-bank-laundered-billions-from-mexican-drug-cartels/
Wachovia Bank was acquired by Wells Fargo during the 2008 financial crash, just as Wells Fargo became a beneficiary of $25 billion in U.S. taxpayers bailout money.
( ( ( f l a s h b a c k ) ) )
:::::How A Major U.S. Bank Laundered Billions In Drug Money:::::
http://articles.businessinsider.com/2011-04-04/politics/29988642_1_wachovia-anti-money-bank-secrecy-act
( ( ( f l a s h b a c k ) ) )
:::::How a Big US Bank Laundered Billions from Murderous Drug Gangs:::::
http://www.guardian.co.uk/world/2011/apr/03/us-bank-mexico-drug-gangs
As the violence spread, billions of dollars of cartel cash began to seep into the global financial system. But a special investigation by the Observer reveals how the increasingly frantic warnings of one London whistleblower were ignored
(((Courage, & Power to the Peaceful)))
Your link doesn't give any information on this other then to have some third party say the foreclosure was unwarranted. Is there some place to read about the circumstances of this case?
If you follow the links they go to the Change dot org page, and a fuller explanation is given. Since clicking a couple of times and spending two minutes to read the explanation appears to be a burden you are unwilling to take, here is what the Change dot org petition saves...
Rachel Kendall asked Wells Fargo to modify her mortgage to a lower rate. Wells Fargo granted Rachel a 6 month forbearance plan but when Rachel went to their branch to make her payment Wells refused to accept her payment and told her to make it over the phone but that didn't work either - they would not accept it! They told Rachel to wire the payment but it was never credited to her account. Two weeks later Rachel found a notice of sale on her door. One month later she lost her home to auction. Please tell Wells Fargo to rescind Rachel Kendall's foreclosure auction!
http://www.change.org/petitions/john-g-stumpf-ceo-wells-fargo-rescind-rachel-kendalls-foreclosure-auction
I trust HSI Trust. They have been featured on ABC several times. However, I see your point. I will ask HSI to post a response here.
I agree with him. It doesn't make any sense. There must be more to the story? When banks foreclose on something these days they usually loose a substantial amount of money. I can't understand why they wouldn't want her mortgage payment.
MMVarney has provided some additional information. I did an article on Swarm the Banks where I came up with 15 ways banks and their allies profit from foreclosing on a home.
http://swarmthebanks.blogspot.com/2010/10/why-banks-appear-to-be-so-eager-to.html
Readers came up with a few more. And I probably missed a couple.
Foreclosing on a home that was part of the home securitization scam of the past decade that was perpetrated by wall street on to the 99% is a way to reduce the threat of a lawsuit down the road, unless the person foreclosed upon can save up enough resources to fight back in court.
Fighting back in court becomes next to impossible because the foreclosure victim is STILL RESPONSIBLE for the difference in price between what they paid for the home and what the home was resold for. That is called indentured debt, and it is how the banks are destroying the 99%.
Mooks, nobody else said it doesn't make sense, just you. In case you are not aware, parallel foreclosure exists. I was so outraged when I learned about parallel foreclosure I started a blog about it.
http://www.parallelforeclosure.blogspot.com/
I can't FUCKING believe the comment got down pointed... what's wrong with you people ...
Hey Brad, you can follow the home foreclosure crisis in a myriad of ways. I have a couple of blogs you might be interested in.
www.swarmthebanks.com www.bankprotests.com www.unfairforeclosures.com
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Govt Controls Corporations Corporations Control Banks Banks Control You Get It??????????
How does you repeating the mantra of those you oppose help this family? Answer, it doesn't.
When you help, you win.
LOL sorry guns win talk is cheap
But its cheaper to talk, so we need a lot of talkers signing the petition.
Here in addition to my earlier www.brokeroutpost.com brokers forum posting is the craigslist one http://sfbay.craigslist.org/sfc/rnr/2812118730.html
Sometimes craigslist will block a post but it's worth it to try this method to spread a message at their 'rants and raves' section.
P.S: Added a hit counter from www.craigcount.com to see how many check it out.
your rant got flagged, I put one up as well, I wonder if mine got flagged.
You're right, what a bummer. I did have one reply by email, here's what they wrote and clearly as a real estate broker they are blind to the reality within the mortgage brokerage and banking industries which is really not that shocking to me because all a real estate agent/broker has to do is refer the client to a mortgage broker/banker for qualification. I verified that the respondent was 'real' by inputting their email into google:
http://sfbay.craigslist.org/sfc/rnr/2812118730.html
Surely you jest. Blaming the banks or greed of the banks, or whatever? We've become a nation of whiners, blaming everyone except the person actually responsible, in this case the person who took out the loan. Consumer rights are respected to a fault in this country, from RESPA, to TIC, etc. And yet they still blame corporate greed when things go wrong. I've been a R/E Broker for 25+ years and have yet to meet anyone who didn't know what they were doing when they took out the loan. Let me correct myself, they're not whiners they're chickenshits.
wow. Chase bank actually gave their bankers much bigger bonuses for putting people into subprime loans even when they qualified for a more stable, safer loan.
It's not about the loan anymore, it's about using the loan as a form of wall street gambling. It's like betting if a person can cross the street safely, except then the bastards doing the betting set up road blocks and give themselves a way to make more money by not having the person cross the street safely.
They need another 900 signatures now. Please pass it around, mortgage injustice in the form of breach of the forbearance agreement by the bank refusing to acknowledge the borrower's best efforts to deliver payment including by wire and walk in to a branch is unconscionable; moreso since this is occurring nationwide and by banks that are the recipient of bailouts at the expense of we the tax payers!
http://www.change.org/petitions/john-g-stumpf-ceo-wells-fargo-rescind-rachel-kendalls-foreclosure-auction#
In the comments section on the HSI Trust Blog, and the comments section of the petition, others are signing who are being parallel foreclosed upon as well.
If any of you are bored, google the phrase "parallel foreclosure" (in quotes), the first ten pages are probably all of my posts. I did not make up the phrase. I heard a reporter use it, and I was so alarmed that such a tactic was being used that I started a blog called parallel foreclosure.
The media won't use the phrase parallel foreclosure because it is the kind of phrase that would turn the public completely against the banks.
I'm going to post the petition link on brokeroutpost.com where loan officers who are equally concerned would be more than happy to sign in droves since we too are among homeowners in similar plights.
Thanks for doing that, that is awesome.
You're welcome. I noted an increase by 12 signatures within a little over an hour of posting it there with a few from California my former home state (I moved to Reno, NV and hope more than a few Nevadans sign too.)
Yeah, that's what is needed, people who visit this site but are members of sites spreading the word. Parallel Foreclosure is just wrong and should be illegal.
630 more signatures needed as of now: 4:48 PST 1/20/2012
Have a great day and pass the petition around. Don't forget about www.craigslist.org Wherever you are you can post it in the rants and raves section of craigslist and increase exposure to people who would otherwise not know about it!
Excellent suggestion, I've never done that but will give it a try.
So right after I posted my message, but before I received my email to confirm the posting, my email stopped working. Should I be suspicious? I actually mentioned parallel foreclosure in my topic, possibly an issue that could result in endless lawsuits in the upcoming few years.
This is the same bank the OWS loons have an account with Wells Fargo. Also Wells Fargo is a unionized bank and the name of the union is SEIU. Hey aint that the same canary that is funding OWS???
Not necessarily true. In Los Angeles, attempts by the SEIU to infiltrate the occupy movement were met with articles denouncing the attempt.
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Is this not the same bank "Wells Fargo" that OWS has an account with???? In which is also a unionized bank and the name of the union is (SEIU) Andy Stern. How do you folks feel about the good ole unions now?????????
I don't understand what the minus 4 is by your name, but I liked your comment because there should be much more response to this topic. It's a no brainer. Sign a petition to help a family that was following all the rules get their home back.