Foreclosure and Eviction Fighters From ACCE / Occupy Meet Wells Fargo re Predatory Loans

Update: Later on May 15, 2013, Wells Fargo evicted disabled African-American senior Bernetta Adolph after years of struggle.


Update: On May 15, 2013, Merrie Jo and Edzel Musni received a called from Wells Fargo’s HELOC department referencing Miguel Bustos, so there is at least one positive outcome of the meeting.


IMG_3608_1On May 14, 2013, five Foreclosure and Eviction Fighters and supporters from the Alliance of Californians for Community Empowerment (ACCE), Occupy Bernal, Occupy Noe, and the Occupy the Auctions and Evictions Campaign met with Wells Fargo executive Miguel Bustos regarding Wells Fargo’s predatory and discriminatory lending practices and how to resolve 18 default, foreclosure, and related eviction cases in the San Francisco Bay Area.

Wells Fargo executives who attended the April 10, 2013, meeting of the San Francisco Employee Retirement System (SFERS) Retirement Board and offered repeatedly to meet during the SFERS meeting, then snubbed all the email invitations sent to them after the SFERS meeting was over. So, ACCE and Occupy activists entered a Wells Fargo Home Mortgage Center at 2258 Market Street and demanded a meeting with one of the executives.

If Miguel Bustos was sincere in his commitment to make a real effort to settle the 18 cases brought to him, including the case of Bernetta Adolph who faces eviction on May 15, 2013, then the meeting was a successful one.

Links: Videos    Photos

Videos

Photos

A23 Wells Fargo Shareholder Meeting Protests Draw Hundreds of Protestors, Demand Housing Justice

IMG_3112_1A protest at the Wells Fargo headquarters at 420 Montgomery Street in San Francisco took place on April 13, 2013, in coordination with a protest earlier the same day at the Wells Fargo Shareholder meeting held in Salt Lake City, Utah. These protests are a special edition of the Occupy Wells Fargo Vigil to Stop Evictions.

More than a dozen protestors from the Alliance of Californians for Community Empowerment (ACCE) and other organizations infiltrated the shareholders meeting and told Wells Fargo executives what they thought of their practices regarding predatory, illegal, and discriminatory lending and related foreclosures and evictions. Maria Alvarez, whose family is facing eviction by Wells Fargo, got to tell Wells Fargo CEO John Stumpf to his face that he is a liar, then Wells threw the protestors out of the shareholders meeting.

IMG_3134_1Meanwhile, in San Francisco, about one hundred protestors from the ACCE (San Francisco and Oakland), Occupy Bernal, Occupy Noe, and the Occupy the Auctions and Evictions campaign held a memorial service in front of the Wells Fargo Headquarters and History Museum at 420 Montgomery Street. A trumpeter named Elaine played taps and Archbishop Franzo King delighted participants with his saxophone stylings. Various spokespeople read out the names of those who have lost their home or their lives to foreclosures and evictions, spoke in solidarity with those protesting in Salt Lake City, and listed off the many families still struggling to save their homes from Wells Fargo. After each name or section, the crowd chanted repeatedly, “Housing Justice, Home Security!”. Finally, Kathy Lipscomb and Merrie Jo Musni delivered some calalilies to Wells Fargo to complete the memorial service.

Links: Media Coverage    Videos of Wells Fargo Protest in Salt Lake City    Videos of Wells Fargo Protest in San Francisco   Photos of Wells Fargo Protest    Videos of Union Bank Protest    Photos of Union Bank Protest

Media Coverage

ABC 4: http://www.abc4.com/content/news/slc/story/Protestors-travel-to-SLC-to-rally-at-Wells-Fargos/bxvrOQVRw0ySHLv5QpLKXA.cspx

Associated Press: http://www.ctpost.com/news/crime/article/Demonstrators-disrupt-Wells-Fargo-meeting-in-Utah-4456961.php

Charlotte Business Journal: http://www.bizjournals.com/charlotte/blog/bank_notes/2013/04/protesters-interrupt-wells-fargo.html

Deseret News: http://www.deseretnews.com/article/print/865578855/Protestors-target-Wells-Fargo-annual-meeting.html

Getty Images: http://www.google.com/hostednews/getty/article/ALeqM5gRHE2aisbbNKB1X2Aq31hpdgV86A?docId=167277289

Philadelphia Business Journal: http://www.bizjournals.com/philadelphia/blog/jeff-blumenthal/2013/04/big-banks-met-with-protest-at-annual.html

Salt Lake Tribune: http://www.sltrib.com/sltrib/money/56197313-79/wells-fargo-meeting-bank.html.csp

San Francisco Bay Guardian: http://www.sfbg.com/print/politics/2013/04/23/wells-fargo-foreclosure-fighters-they%E2%80%99re-baaaack

San Francisco Business Times: http://www.bizjournals.com/sanfrancisco/blog/2013/04/protesters-hit-wells-fargo-annual.html?page=all

Videos of Wells Fargo Protest in Salt Lake City

Videos of Wells Fargo Protest in San Francisco

Photos of Wells Fargo Protest

Then, the group broke up with some people going on to protest an eviction by Union Bank at a branch nearby.

Videos of Union Bank Protest

Photos of Union Bank Protest

LGBT Seniors Task Force Holds Housing Hearing at San Francisco City Hall

532913_10200768216908978_1740295730_nThe LGBT Aging Policy Task Force held a hearing on LGBT Seniors Housing on April 1, 2013, at City Hall in San Francisco. Stardust of Occupy Bernal and ACCE spoke about the effect of bank foreclosures on LGBT seniors, including Wells Fargo evictee Larry Faulks and others.

Thanks to Carol Harvey for more of the story and these photos: https://www.facebook.com/media/set/?set=a.10200768148027256.1073741831.1269288467&type=1

Action: SFERS, Please Stop Investing in Wells Fargo!

ACCE, SEIU, Occupy Bernal, and Occupy Noe Foreclosure and Eviction Fighters and supporters again provided important testimony about the illegal, predatory, and discriminatory practices of banks like Wells Fargo, JP Morgan Chase, and Bank of America at the meeting of the San Francisco Employee Retirement System Retirement Board on March 13, 2013, just as previously on January 9, 2013 and on February 13, 2013.

The group again asked the Retirement Board to investigate the illegal, predatory, and discriminatory practices of the banks, to request that the banks stop these practices, to sponsor shareholder resolutions if they don’t stop, and to divest from the banks’ stocks if the shareholder resolutions do not succeed. Some of the Commissioners responded favorably to the public comment testimony.

Media coverage: San Francisco Business Times    KCBS (including audio segment)

Videos:

Grace Martinez of ACCE provides testimony to SFERS Retirement Board.

Foreclosure and Eviction Fighter Gladys Dewitt provides testimony to SFERS Retirement Board.

SFERS Retirement Board President Wendy Paskin-Jordan, a former Wells Fargo employee, responds to public testimony.

San Francisco Muni employee and Local 200 former President Alice Fialkin provides testimony to SFERS Retirement Board.

Foreclosure and Eviction Fighter Ian Haddow provides testimony to SFERS Retirement Board.

Former San Francisco city employee Susan McDonough provides testimony to SFERS Retirement Board.

Foreclosure and Eviction Fighter Larry Faulks, evicted from his home by Wells Fargo, provides testimony to SFERS Retirement Board.

Foreclosure and Eviction Fighter and Teamster Ricardo Rodriguez provides testimony to SFERS Retirement Board.

Harry Baker, Retirement Security Chair for SEIU Local 1021, which is the largest union representing SFERS members, provides testimony to SFERS Retirement Board.

Foreclosure and Eviction Fighter Jackie Wright provides testimony to SFERS Retirement Board.

Grace Martinez of ACCE provides testimony to SFERS Retirement Board.

SFERS Retirement Board staff and commissioners discuss whether they can calendar consideration of a resolution on foreclosures and related evictions at the next SFERS meeting in April 2013.

SFERS Retirement Board staff and commissioners continue discussing whether they can calendar consideration of a resolution on foreclosures and related evictions at the next SFERS meeting in April 2013.

The rest of the discussion was not captured on video.


01#1 in SF Foreclosures and Related Evictions: Racist and Predatory

Who: (Retired and Current) City Employees, especially those facing foreclosure/eviction and supporters
What: Public Comment at San Francisco Employees Retirement System (SFERS) Retirement Board Meeting (2 minute limit)
When: 2:00pm, Wednesday, March 13
Where: 30 Van Ness Avenue, 3rd floor (near Market Street)

We are asking SFERS to do the following:

  • Investigate investments in Wells Fargo, which is #1 in foreclosures and related evictions in San Francisco and elsewhere, as well as other lenders foreclosing on and evicting San Francisco homeowners..
  • Prepare and submit a Wells Fargo shareholder resolution to stop predatory and/or racist foreclosures and related evictions for consideration at the next annual Wells Fargo shareholder meeting (probably in April 2013).
  • If Wells Fargo doesn’t adopt the shareholder resolution at its next shareholder meeting and take immediate steps to implement policies and practices in line with the resolution, then divest from any investment in Wells Fargo within three months after that shareholder meeting.

We are asking San Francisco Mayor Lee to do the following:

  • Appoint only qualified candidates to the SFERS Retirement Board who are not executives or employees at Wells Fargo, JP Morgan Chase, or Bank of America (the top three in predatory foreclosures and related evictions in San Francisco).
  • Issue a statement in support of divestment from Wells Fargo of all San Francisco City and County funds, including employee retirement and disability funds.

Background:

The San Francisco Employee Retirement Systems (SFERS) handles investments for pension funds for current and retired San Francisco city employees. SFERS has policies that include “Social Investment Procedures” adopted at the SFERS Retirement Board meeting of September 27, 1988, which requires the SFERS Retirement Board when making investments in stocks, mutual funds, and so on, to consider:

“Community Relations: the relationship of the corporation to the communities in which it operates shall be maintained as a good corporate citizen through observing proper environmental standards, supporting the local economic, social and cultural climate, conducting acquisitions and reorganizations to minimize adverse effects and not discriminate in making loans or writing insurance.” (emphasis added by Occupy the Auctions)

Wells Fargo is #1 in San Francisco foreclosures. San Francisco’s Mayor and Board of Supervisors have unanimously requested a halt to foreclosures and related evictions, especially since San Francisco Assessor-Recorder’s report showing that 84% of foreclosures have at least one legal violation and due to Wells’ $175 million settlement with the United States Department of Justice paid in response to allegations of racial discrimination in providing mortgage loans in San Francisco’s Bayview-Hunters Point and other neighborhoods.

Wells Fargo’s “waterfall” model, along with similar policies from other lenders, ensures that the bank can squeeze the most money possible from homeowners struggling to make payments while finally discarding them like trash if the bank can’t make a profit on every single loan. Running a mortgage loan business means assuming risks, especially after receiving billions in bailout funds from the taxpayers, many of whom are Wells’ mortgage loan borrowers.

Wells Fargo is putting 32 families at risk of losing their homes due to foreclosure and related evictions during this holiday season. Wells Fargo is foreclosing on and evicting veterans and disabled and senior homeowners and families with children, as well as targeting homeowners with life-threatening illnesses. Wells Fargo has engaged in predatory, fraudulent, and racist lending practices and has contributed to a rash of foreclosure deaths.


This alert brought to you by ACCE, Occupy Bernal, and other supportive organizations coordinated within the Occupy the Auctions and Evictions campaign.

Links: SFERS Meeting on January 9, 2013    Wells 29 Action Alert    Wells 32 Action Flyer (four to page)    Wells Pays $175 Million to Resolve Allegations of Racial Discrimination in Providing Mortgage Loans    Occupy Our Homes Wells Fargo Bayview Branch Action    Occupy Wells Fargo Noe Branch    Occupy Wells Fargo HQ    Occupy Senior and Veteran Evictions and Foreclosures (Occupy Anniversary)    Upcoming Bank Auctions of Foreclosure/Eviction Fighter Homes    Foreclosure/Eviction Fighter Profiles

For updates and this action alert: http://occupytheauctions.org/wordpress/?p=8449

Dr. Martin Luther King Jr. Day of Service March & Call Rally on January 21, 2013

Update: Dozens of protestors mixed with revelers attending the Martin Luther King Jr Day at the Museum of the African Diaspora today asking Wells Fargo to stop the foreclosure auction of 90-year-old Tuskegee Airman Benjamin Reed and his family, as well as the 28 other families of the “Wells 29″. Please feel free to use the following photos and videos (hi-res available by clicking on the photos).

Tuskegee Airman Benjamin Reed

Tuskegee Airman Benjamin Reed

IMG_0901

Thanks to Larry Faulks for the last picture of the dream he told the chalk artist at MOAD.


What: Dr. Martin Luther King Jr. Day of Service March & Call Rally
When: 11:30 a.m. January 21, 2013
Where: Museum of African Diaspora, 685 Mission St. (@Third St.), San Francisco, 94105

STOP WELLS FARGO FORECLOSURES

ACCE / OCCUPY BERNAL / OCCUPY NOE ACTION

“No Home For You!”

tuskegee-airmen

Wells Fargo Bank Shoots Down Tuskegee Airman

What Would Martin Do?
Help Save Homes From Foreclosure!

Wells Fargo Bank settled with US Department of Justice on predatory and discriminatory loan practices for $175 million (including Bayview Branch).

  • Tell Wells Fargo to Stop Foreclosures & Evictions Now
  • Tell Wells Fargo to provide fair deal loan modifications Now
  • Tell Wells to Stop Throwing Pennies at The Arts To Look Good While Robbing Millions of Homes
  • Honor Dr. King! Call Wells Fargo Out Now- Tell Them to Save Tuskegee Airman Ben Reed’s Home & Other Homes! +1 415-623-7738 Brenda Wright, SVP Wells Fargo/MoAD Board, and +1 866-878-5865 John Stumpf, CEO

“Our needs are identical with labor’s needs: Decent wages, fair working conditions, livable housing, old-age security, health and welfare measures, conditions in which families can grow, have education for their children, and respect in the community.”

— Dr. Martin Luther King Jr.

For updates, including photos and videos of this action: http://occupytheauctions.org/wordpress/?p=7953

Action: SFERS, Please Stop Investing in Wells Fargo!

Update: ACCE, Occupy Bernal, and Occupy Noe Foreclosure and Eviction Fighters and supporters provided important testimony about the illegal, predatory, and discriminatory practices of banks like Wells Fargo, JP Morgan Chase, and Bank of America at the meeting of the San Francisco Employee Retirement System Retirement Board on January 9, 2013.

The group asked the Retirement Board to investigate the illegal, predatory, and discriminatory practices of the banks, to request that the banks stop these practices, to sponsor shareholder resolutions if they don’t stop, and to divest from the banks’ stocks if the shareholder resolutions do not succeed. Some of the Commissioners responded favorably to the public comment testimony.

Media coverage: San Francisco Business Times    KCBS (including audio segment)

Videos and photos:


01#1 in SF Foreclosures and Related Evictions: Racist and Predatory

Who: (Retired and Current) City Employees, especially those facing foreclosure/eviction and supporters
What: Public Comment at San Francisco Employees Retirement System (SFERS) Retirement Board Meeting (2 minute limit)
When: 2:00pm, Wednesday, January 9
Where: 30 Van Ness Avenue, 3rd floor (near Market Street)

We are asking SFERS to do the following:

  • Investigate investments in Wells Fargo, which is #1 in foreclosures and related evictions in San Francisco and elsewhere, as well as other lenders foreclosing on and evicting San Francisco homeowners..
  • Prepare and submit a Wells Fargo shareholder resolution to stop predatory and/or racist foreclosures and related evictions for consideration at the next annual Wells Fargo shareholder meeting (probably in April 2013).
  • If Wells Fargo doesn’t adopt the shareholder resolution at its next shareholder meeting and take immediate steps to implement policies and practices in line with the resolution, then divest from any investment in Wells Fargo within three months after that shareholder meeting.

We are asking San Francisco Mayor Lee to do the following:

  • Appoint only qualified candidates to the SFERS Retirement Board who are not executives or employees at Wells Fargo, JP Morgan Chase, or Bank of America (the top three in predatory foreclosures and related evictions in San Francisco).
  • Issue a statement in support of divestment from Wells Fargo of all San Francisco City and County funds, including employee retirement and disability funds.

Background:

The San Francisco Employee Retirement Systems (SFERS) handles investments for pension funds for current and retired San Francisco city employees. SFERS has policies that include “Social Investment Procedures” adopted at the SFERS Retirement Board meeting of September 27, 1988, which requires the SFERS Retirement Board when making investments in stocks, mutual funds, and so on, to consider:

“Community Relations: the relationship of the corporation to the communities in which it operates shall be maintained as a good corporate citizen through observing proper environmental standards, supporting the local economic, social and cultural climate, conducting acquisitions and reorganizations to minimize adverse effects and not discriminate in making loans or writing insurance.” (emphasis added by Occupy the Auctions)

Wells Fargo is #1 in San Francisco foreclosures. San Francisco’s Mayor and Board of Supervisors have unanimously requested a halt to foreclosures and related evictions, especially since San Francisco Assessor-Recorder’s report showing that 84% of foreclosures have at least one legal violation and due to Wells’ $175 million settlement with the United States Department of Justice paid in response to allegations of racial discrimination in providing mortgage loans in San Francisco’s Bayview-Hunters Point and other neighborhoods.

Wells Fargo’s “waterfall” model, along with similar policies from other lenders, ensures that the bank can squeeze the most money possible from homeowners struggling to make payments while finally discarding them like trash if the bank can’t make a profit on every single loan. Running a mortgage loan business means assuming risks, especially after receiving billions in bailout funds from the taxpayers, many of whom are Wells’ mortgage loan borrowers.

Wells Fargo is putting 29 families at risk of losing their homes due to foreclosure and related evictions during this holiday season. Wells Fargo is foreclosing on and evicting veterans and disabled and senior homeowners and families with children, as well as targeting homeowners with life-threatening illnesses. Wells Fargo has engaged in predatory, fraudulent, and racist lending practices and has contributed to a rash of foreclosure deaths.


This alert brought to you by ACCE, Occupy Bernal, and other supportive organizations coordinated within the Occupy the Auctions and Evictions campaign.

Links: Wells 29 Action Alert    Wells 29 Action Flyer (four to page)    Wells Pays $175 Million to Resolve Allegations of Racial Discrimination in Providing Mortgage Loans    Occupy Our Homes Wells Fargo Bayview Branch Action    Occupy Wells Fargo Noe Branch    Occupy Wells Fargo HQ    Occupy Senior and Veteran Evictions and Foreclosures (Occupy Anniversary)    Upcoming Bank Auctions of Foreclosure/Eviction Fighter Homes    Foreclosure/Eviction Fighter Profiles

For updates and this action alert: http://occupytheauctions.org/wordpress/?p=7719

25 Cameo Way: Home Protected by Occupy

The home of Larry Faulks at 25 Cameo Way in San Francisco is protected by Occupy.

Prospective buyers and realtors should be aware that Wells Fargo sold the property illegally at a foreclosure auction to DMG Asset Management, which then illegally evicted Larry from the home.

Realtors should provide buyers with full disclosure about the illegal foreclosure and eviction before showing the property to any potential buyer.

There are currently three federal agencies investigating the case, since Larry never received notice of the foreclosure sale from the trustee and only heard about it when an auction investor visited his home less than an hour before the foreclosure auction.

Occupy the Auctions on December 13 in San Francisco

On December 13, 2012, auctioneers sold one family’s home at a foreclosure auction in San Francisco: auctioneer Thomas from Lender Processing Services / Agency Sales and Posting (LPS/ASAP) sold 2100 29th Avenue back to lender Bank of America (BAC HOME LOANS SERVICING, LP).

Auctioneer Thomas from Lender Processing Services / Agency Sales and Posting (LPS/ASAP) conducts auction business on City Hall steps counter to city policy.

Auctioneer Thomas from Lender Processing Services / Agency Sales and Posting (LPS/ASAP) read postponements and cancellations. Auctioneer Steve Neil of Cal Agent Services read postponements and cancellations.

Auctioneer Thomas from Lender Processing Services / Agency Sales and Posting (LPS/ASAP) sold 2100 29th Avenue back to lender Bank of America (BAC HOME LOANS SERVICING, LP).

Person who claims to be top manager at DMG Asset Management reacts to his eviction of disabled African-American senior Larry Faulks.

ALERT: Wells Fargo Stop the Foreclosures and Evictions of the “Wells 32″

As #1 in foreclosures in San Francisco, Wells Fargo is putting 32 families at risk of losing their homes due to foreclosure and related evictions. Wells Fargo is foreclosing on and evicting veterans and disabled and senior homeowners and families with children, as well as targeting homeowners with life-threatening illnesses. Wells Fargo has engaged in predatory, fraudulent, and racist lending practices and has contributed to a rash of foreclosure deaths.

Take action to stop Wells Fargo from foreclosing on and evicting the “Wells 32″–

  • Contact Wells Fargo staff with the following phone and email message:

    • Brenda Wright, Senior VP of Community Relations, +1 415-623-7738
    • Alfredo Pedroza, Director of California Local Government Relations, +1 415-396-0829
    • Ruben Pulido, Communications Staff, +1 415-852-1279
    • John Stumpf, CEO, +1 866-878-5865

     
    Sample message:
     
    To: brenda.wright@wellsfargo.com, alfredo.pedroza@wellsfargo.com, ruben.pulido@wellsfargo.com, john.g.stumpf@wellsfargo.com
    Cc: action@occupybernal.org
    Subject: Stop the Holiday Foreclosures and Evictions of the “Wells 32″

    Dear Wells Fargo staff,

    Please take IMMEDIATE action to stop holiday foreclosures and evictions. Please meet the demands listed for each of the 32 families listed below who Wells Fargo has put at risk (Name, Demand, Address, Loan #, Priority) and stop dual tracking by continuing to list foreclosure auctions while negotiating loan modifications:

    1. Bernetta Adolph, Stop eviction (20130303) Rescission of foreclosure sale and fair deal loan modification, 48 Lobos Street, SF, CA 94112, 44793073, 1
    2. Larry Faulks, Undo eviction (20121216), Rescission of foreclosure sale and fair deal loan modification, 25 Cameo Way, SF, CA 94131, 004 6406278, 1
    3. David Lewis, Rescission of foreclosure sale and fair deal loan modification, 442 Carl Street, SF, CA 94124, need loan #, 1
    4. Dollie and Sally Ross, Rescission of foreclosure sale and fair deal loan modification, 1075 Gilman Avenue, SF, CA 94124, 004 37815, 1
    5. Lehmann Brightman, Rescission of foreclosure sale (20130114) and fair deal loan modification, 2434 Faria Avenue, Pinole, CA 94564, 0044126233, 1
    6. Gloria Lomeli (and Alberto del Rio), Stop foreclosure auction (20130131) and fair deal loan modification, 565 Banks Street, SF, CA 94110, 47339080, 1
    7. Guadalupe Schmitt, Stop foreclosure auction (20130211) and fair deal loan modification, 11-13 Santa Marina Avenue, SF, CA 94110, 102484459, 1
    8. Benjamin and Irma Reed, Stop foreclosure auction (20130226) and fair deal loan modification, 2 Warren Drive, SF, CA 94131, , 1
    9. Emilia Hughetti, Stop foreclosure auction (20130228) and fair deal loan modification through loan servicer Chase, 1041 Florida Street, SF, CA 94110, Chase loan #20733507, 1
    10. Kim Mitchell, Postpone foreclosure auction until short sale, 601 Van Ness Ave #244, SF, CA 94102, , 2
    11. Segundina San Juan, Fair deal loan modification, 1074 Huron Avenue, SF, CA 94112, 00048634281, 2
    12. Maria and Washington Davila, New owner must keep Davilas as tenants under same rental conditions as before, 4255 Folsom Street, SF, CA 94110, , 2
    13. Armand and Maria Mejia, Stop foreclosure auction (20130204) and fair deal loan modification, 749 Athens Street, SF, CA 94112, 004 37815, 2
    14. Peter Fairfield (and L. Sweet), Stop foreclosure auction (20130205) and fair deal loan modification, 831 Chenery Street, SF, CA 94131, 1100225238, 2
    15. Eric (and John), Fair deal loan modification, 2
    16. Anonymous, Fair deal loan modification, Anonymous Street, SF, CA 94132, 004 5575008, 2
    17. Allen Stowers, Stop foreclosure auction and fair deal loan modification, 699 Peralta Avenue, SF, CA 94110, 0042836544, 2
    18. Sergio and Pureza Cardenas, Fair deal loan modification, 763 Silver Oaks Place, Walnut Creek, CA 94597, 0004274204, 3
    19. Dorothy Crawford, Fair deal loan modification, 407 Broderick Street, SF, CA 94117, 00045941416, 3
    20. Pei Jun Ding, Fair deal loan modification, 2227 38th Ave, SF, CA 94116, 00045599891, 3
    21. Henry Kielarowski, Fair deal loan modification, 1496 La Playa Street, SF, CA 94122, 7080043459395, 3
    22. Juan Lopez, Fair deal loan modification, 566 Madrid Street, SF, CA 94112, 00014382279, 3
    23. Edzel and Merrie Jo Musni, 2nd mortgage fair deal loan modification, 240 Randall Street, SF, CA 94131, 6511663531998, 3
    24. Sandra Reece, Fair deal loan modification, 1240 Revere Avenue, SF, CA 94124, , 3
    25. Margarita Rose, Fair deal loan modification, 908 Athens Street, SF, CA 94112, , 3
    26. Will Saltz, Loan payment grace period until property tax issue resolved, 177 Capistrano Avenue, SF, CA , 372095067, 3
    27. William Sandoval, Fair deal loan modification, 151 Beachview Avenue, Pacifica, CA 94044, 00156852519, 3
    28. Sheila Julia Walsh, 2nd mortgage fair deal loan modification, 112 Judson Avenue, SF, CA 94112, , 3
    29. Gladys Dewitt, 2nd mortgage fair deal loan modification, 772 Hampshire Street, SF, CA 94110, , 3

     
    San Francisco’s Mayor and Board of Supervisors have unanimously requested a halt to foreclosures and related evictions, especially since San Francisco Assessor-Recorder’s report showing that 84% of foreclosures have at least one legal violation and due to Wells’ $175 million settlement paid to resolve allegations of racial discrimination in providing mortgage loans in San Francisco’s Bayview-Hunters Point and other neighborhoods.

    Wells Fargo’s “waterfall” model, along with similar policies from other lenders, ensures that the bank can squeeze the most money possible from homeowners struggling to make payments while finally discarding them like trash if the bank can’t make a profit on every single loan. Running a mortgage loan business means assuming risks, especially after receiving billions in bailout funds from the taxpayers, many of whom are Wells’ mortgage loan borrowers.

    Stop contributing to the rash of deaths by foreclosure! Stop the single-minded greedy focus on profit! Stop ignoring the health and well-being of your customers and the communities where we live! Take whatever action is necessary to keep distressed families in their homes!

    This is an URGENT request, so please respond right away.

    Sincerely,

    your name here

  • Reserve December 6 and December 18 on your calendar for Wells Fargo protests on behalf of the “Wells 29″. (Update: Those protests took place with great success!)

Wells Fargo plans to foreclose on or evict the “Wells 29″ despite:

This alert brought to you by Occupy Bernal, ACCE, and other supportive organizations coordinated within the Occupy the Auctions and Evictions campaign.

Links: Wells 32 Action Flyer (four to page)    Wells Pays $175 Million to Resolve Allegations of Racial Discrimination in Providing Mortgage Loans    Larry Faulks Profile    Larry Faulks Eviction Witness    DMG Asset Management Profile    Occupy DMG Home Action    Occupy Wells Fargo Noe Branch    SF Chronicle Coverage    Bay Area Reporter Coverage    Occupy Wells Fargo HQ    Occupy Senior and Veteran Evictions and Foreclosures (Occupy Anniversary)    Upcoming Bank Auctions of Foreclosure/Eviction Fighter Homes    Foreclosure/Eviction Fighter Profiles

For updates and this action alert: http://occupytheauctions.org/wells

ACTION: Witness Faulks Eviction — Protest Wells Fargo and DMG!

Update as of about 7am on December 13, 2012: DMG Asset Management attorney Jak Marquez and Sheriff’s deputies evicted Larry Faulks. He’s now on the road, sleeping in his van.


IMG_1839_1Update as of 7:30pm on December 12, 2012: Greeted by a rainbow and a light rain shower, a group of about 30 supporters of Larry Faulks came to his home to bear witness the eviction, including holding up signs and banners, lots of friendly discussion, wonderful hot cappuccinos and tea from Larry’s brother, and a carol rendered as “Silent Night, Homeless Night” thanks to Tommi Avicolli-Mecca. We also made calls to DMG Asset Management principals and Wells Fargo Senior Vice President of Community Relations Brenda Wright to try to get them to stop the eviction. When the eviction hadn’t materialized by 11:30am or so, so a group of us took Larry out to lunch, then he requested that we head on our way while he went back to take a nap.

Media coverage: Bay Area Reporter

Video and photos of the event appear below. Thanks to everyone who participated.


Foreclosure and Eviction Fighter Larry Faulks’ eviction has been delayed for the last time.

What: Larry Faulks Eviction Witness

When: 8am (check back for updates) on Wednesday, December 12

Where: 25 Cameo Way, Diamond Heights, San Francisco (map, buses 52, 48, 37, plan for tricky routes!)

Stay tuned for the gathering time which we will post on the web page at http://occupytheauctions.org/wordpress/?p=6915.

Investment firm DMG Asset Management plans to evict disabled African-American senior Larry Faulks even after they agreed to postpone the eviction to work with him and his family on negotiations with Wells Fargo. Wells Fargo has not yet agreed to rescind the foreclosure sale of Larry’s home, which they did while negotiating a loan modification with him. This practice is called dual tracking and it will be illegal in California starting January 1, 2013, under the 2012 Homeowner Bill of Rights.

Please take action:

  1. Come to the Eviction Witness on Wednesday, December 12. Time is tentatively scheduled for 8:00am (will post updates to this page).
  2. Respond to the Wells Fargo action alert to try to stop the eviction.
  3. Respond to the DMG Asset Management action alert to try to stop the eviction.

Larry Faulks and his brother — both disabled — as well as their renter want to stay in the home their parents purchased in 1962. The Faulks’ were the first African-American family in the Diamond Heights neighborhood and at a time when only the Eichler company was willing to sell homes to black families. Please come to the Eviction Witness (there may be an opportunity for those who wish to participate in nonviolent direct action to block the eviction).

Links: Wells 26 Action Flyer (four to page)    Wells Pays $175 Million to Resolve Allegations of Racial Discrimination in Providing Mortgage Loans    Larry Faulks Profile    Larry Faulks Eviction Witness    DMG Asset Management Profile    Occupy DMG Home Action    Occupy Wells Fargo Noe Branch    SF Chronicle Coverage    Bay Area Reporter Coverage    Occupy Wells Fargo HQ    Occupy Senior and Veteran Evictions and Foreclosures (Occupy Anniversary)    Upcoming Bank Auctions of Foreclosure/Eviction Fighter Homes    Foreclosure/Eviction Fighter Profiles