Dear Wells Fargo, Thanks for All the Foreclosures!

Wells Fargo Bank remains #1 in foreclosures in San Francisco with more than double the foreclosure auctions (92 auctions) scheduled than #2 forecloser JP Morgan Chase (44 auctions) and #3 forecloser Bank of America (43 auctions) to sell off family’s homes this holiday season.

One indicator of trends in foreclosures is the situation with bank preforeclosures (properties in default with no foreclosure auction date yet set). Wells Fargo is #1 in San Francisco in preforeclosures (77 homes) with JP Morgan Chase at #2 (54 homes) and Bank of America #3 (24 homes).

For current bank-owned (REO) properties in San Francisco since July 25, 2012, JP Morgan Chase is #1 in San Francisco REOs (11 properties), Wells Fargo is #2 (9 properties), and Bank of America and US Bank are tied for #3 (7 properties each).

Top Ten Data

The top 10 lenders by number of foreclosure auctions scheduled in San Francisco as of November 17, 2012 (source Foreclosure Radar, aggregated by corporate empire):

Rank Lender Auctions Scheduled
1 WELLS FARGO BANK N A 92
2 JP MORGAN CHASE BANK N A 44
3 BANK OF AMERICA N A 43
4 THE BANK OF NEW YORK TRUST CO 31
5 US BANK NATIONAL ASSOCIATION 28
6 NATIONSTAR 16
7 DEUTSCHE BK NATL TRUST CO TR 11
8 CITIBANK N A 10
9 HSBC BANK USA N A 8
10 (tie) OCWEN LOAN SERVICING LLC 5
10 (tie) MORTGAGE ELECTRONIC REGISTRATION 5

The top 10 lenders by number of foreclosure auctions scheduled in San Francisco as of November 17, 2012 (source Foreclosure Radar, aggregated by corporate empire):

Rank Lender Auctions Scheduled
1 WELLS FARGO BANK N A 77
2 JP MORGAN CHASE BANK N A 54
3 BANK OF AMERICA N A 24
4 DEUTSCHE BK NATL TRUST CO TR 18
5 US BANK NATIONAL ASSOCIATION 16
6 THE BANK OF NEW YORK TRUST CO 15
7 CITIMORTGAGE 10
8 (tie) EAST-WEST BANK 10
8 (tie) ONEWEST BANK FSB 6
9 OCWEN LOAN SERVICING LLC 5

The top 10 lenders by number of bank-owned properties in San Francisco as from July 25, 2012, to November 17, 2012 (source Foreclosure Radar, aggregated by corporate empire):

Rank Lender Auctions Scheduled
1 JP MORGAN CHASE BANK N A 11
2 WELLS FARGO BANK N A 9
3 (tie) US BANK NATIONAL ASSOCIATION 7
3 (tie) BANK OF AMERICA N A 7
4 (tie) NATIONSTAR 4
4 (tie) CITIBANK N A 4
5 DEUTSCHE BK NATL TRUST CO TR 3
6 (tie) ING BANK, FSB 2
6 (tie) ONEWEST BANK FSB 2
6 (tie) THE BANK OF NEW YORK TRUST CO 2
6 (tie) VERICREST FINANCIAL, INC 2

Trustees in San Francisco Foreclosure Auctions

The following trustees are engaging in San Francisco foreclosure auctions (source: Foreclosure Radar as of May 12, 2012):

ACTION FORECLOSURE SERVICES
ACTION FORECLOSURE SVCS INC
ASSET FORECLOSURE SERVICES INC
ASSURED LENDER SERVICES INC
ATLANTIC & PACIFIC FORECLOSURE SERVICE LLC
AZTEC FORECLOSURE CORP
BEST ALLIANCE FORECLOSURE
CAL-WESTERN RECONVEYANCE CORP
CALIFORNIA RECONVEYANCE CO
CHICAGO TITLE COMPANY
CIMARRON TRUSTEE SERVICES
CR TITLE SERVICES INC
EAST WEST INVESTMENT INC
EAST WEST INVESTMENTS INC
ETS SERVICES LLC
EXECUTIVE TRUSTEE SERVICES INC
FCI LENDER SERVICES INC
FIDELITY NATIONAL DEFAULT SERVICES
FIDELITY NATIONAL TITLE CO
FIDELITY NATIONAL TITLE INS CO
FIRST AMERICAN TE SERVICING
FIRST AMERICAN TE SERVICING CO
FIRST AMERICAN TITLE INSURANCE
FIRST AMERICAN TRUSTEE SERVICING SOLUTIONS, LLC
GOLDEN WEST FORECLOSURE SERVICES INC
GOLDEN WEST FORECLOSURE SVC
INTEGRATED LENDER SERVICES
JLM CORP
LAW OFFICES OF LES ZIEVE
MERIDIAN FORECLOSURE SERVICE
NDEX WEST LLC
NORTHWEST TRUSTEE SERVICES INC
NORTHWEST TRUSTEE SERVICES LLC
OLD REPUBLIC DEFAULT MANAGEMENT SERVICES
OLD REPUBLIC TITLE CO
PENINSULA CORPORATE CENTER
PLM LENDER SERVICES
PLM LENDER SERVICES INC
POWER DEFAULT SERVICES INC
PREMIER FINANCIAL ASSOCIATES INC
PRO SOLUTIONS
QUALITY LOAN SERVICE CORP
RECONTRUST CO NA
RECONTRUST COMPANY, N.A.
REDWOOD TRUST DEED SERVICES
REFS INC
REGIONAL SERVICE CORP
REGIONAL TRUSTEE SERVICES
SBS TRUST DEED NETWORK
STANDARD TRUST DEED
STANDARD TRUST DEED SERVICE CO
STEWART VACATION OWNERSHIP
T D SERVICE CO
TD SERVICE CO
THE WOLF FIRM A LAW CORP
TITLE TRUST DEED SERVICE CO
TRUST DEED INVESTMENTS INC
TRUSTEE CORPS
UNITED TRUSTEE SERVICES
WESTERN PROGRESSIVE, LLC
WOLF FIRM

The Foreclosure Lender Complex

Foreclosure lenders in San Francisco are often corporations that are part of a banking conglomerate (source for lender names: Foreclosure Radar).

Lender Bank Conglomerate
AMERICA’S SERVICING CO Wells Fargo
AURORA LOAN SERVICES Nationstar
BAC HOME LOANS SERVICING, LP Bank of America
BANK OF AMERICA Bank of America
BANK OF AMERICA N A Bank of America
CHASE HM FIN LLC JP Morgan Chase
CHASE HOME FINANCE LLC JP Morgan Chase
CHASE MANHATTAN MTG JP Morgan Chase
CITIBANK N A Citibank
CITIMORTGAGE Citibank
CITIMORTGAGE INC Citibank
JP MORGAN CHASE BANK N A JP Morgan Chase
JP MORGAN CHASE BK JP Morgan Chase
RESIDENTIAL CAPITAL MORTGAGE Ocwen Loan Servicing
WACHOVIA BANK Wells Fargo
WACHOVIA BK Wells Fargo
WACHOVIA MTG FSB Wells Fargo
WASHINGTON MUTUAL BANK JP Morgan Chase
WASHINGTON MUTUAL BK FA JP Morgan Chase
WELLS FARGO BANK N A Wells Fargo
WELLS FARGO BK NA Wells Fargo
WELLS FARGO HM MTG Wells Fargo

Lenders in San Francisco Foreclosure Auctions

The following lenders are engaging in San Francisco foreclosure auctions (source: Foreclosure Radar as of May 12, 2012):

ADVANTAGE HM FIN
ALLIANCE BANCORP
AMERICA’S SERVICING CO
AMERICAN HOME MORTGAGE SERVICE
AMH CAP INC
AURORA BK FSB
AURORA LOAN SERVICES
AURORA LOANS SERVICE LLC
BAC HOME LOANS SERVICING, LP
BANK OF AMERICA N A
BANK OF THE WEST
BARBARA THOMPSON
BAYVIEW LOAN SERVICING LLC
BOAMS MORTGAGE SERIES 2006-B
BOREL PRIVATE BANK & TRUST CO
CALIFORNIA BANK & TRUST
CAPITAL ALLIANCE INSTITUTIONAL
CARRINGTON MORTGAGE SERVICES
CENLAR FEDERAL SAVINGS BANK
CENTRAL MORTGAGE COMPANY
CHASE HM FIN LLC
CHASE HOME FINANCE LLC
CHASE MANHATTAN MTG
CHRIS SMITH
CIRCLE BANK
CITIBANK N A
CITIMORTGAGE
CITIMORTGAGE INC
CLARION MORTGAGE CAPITAL, INC
COMMUNITY WEST BANK, N.A.
COURNALE & CO
DENNIS C GALLAGHER
DEUTSCHE BANK 2007-HOA1 (CE)
DEUTSCHE BK NATL TRUST CO TR
DFI FUNDING INC.
DOWNEY S&L ASSN FA
EMC MORTGAGE CORP
FEDERAL NAT’L MTG ASSN (FNMA)
FFMLT TRUST 2006-FF13
FIRST FEDERAL BANK OF CALIFORN
FLAGSTAR BANK FSB
FORTY-NINE INC
FREMONT INVS & LN
GMAC MORTGAGE LLC
GOODWILL INDUSTRIES OF SAN FRA
GREENPOINT MTG FNDG
HSBC BANK USA N A
HSBC BANK USA N A  
HSM
INDYMAC BK FSB
ING BANK, FSB
JOHN C BATTI ET AL
JP MORGAN CHASE BANK N A
JP MORGAN CHASE BK
LA JOLLA BANK, FSB
LARRY MOORE
LAURA GOLDMAN ET AL
LITTON LOAN SERVICING LP
LONG BCH MTG CO
M E R S, INCORPORATED
MORTGAGE ELECTRONIC REGISTRATI
NATIONAL LOAN INVESTORS LP
NATIONAL RESIDENTIAL ASSETS
NATIONWIDE MTG CONCEPTS
OCWEN LOAN SERVICING LLC
ONECALIFORNIA BK FSB
ONEWEST BANK FSB
ONEWEST BK FSB
PNC BANK NA
PREFERRED MTG SVCS
PRIVATE NATIONAL MORTGAGE ACCE
PRO SOLUTIONS
QUANTUM SERVICING CORP.
RESIDENTIAL MTG CAP
ROGER KLEID
RON LABETICH COMPANY, INC
SCME MTG BANKERS INC
SETO AND ASSOCIATES
SIERRA PACIFIC MTG CO
SONOMA NAT’L BK
SPECIALIZED LOAN SERVICING
STERLING SAVINGS BANK
STEWART TITLE GUARANTY COMPANY
SUNCREST BK
SUNTRUST MORTGAGE INC
SUNTRUST MTG INC
THE BANK OF NEW YORK TRUST CO
TRITON FNDG GRP INC
UNITED COM’L BK
US BANK NA 2004-4
US BANK NA SERIES 2005-5 (CE)
US BANK NATIONAL ASSOCIATION
WACHOVIA BANK
WACHOVIA BK
WACHOVIA MTG FSB
WASHINGTON MUTUAL BK FA
WELLS FARGO BANK N A
WELLS FARGO BK NA
WELLS FARGO HM MTG
WILMINGTON TRUST

Bank Management

Bank Management are people who have the power to make or influence decisions of the banks to evict our neighbors from their homes, foreclose on their homes, and/or sell their homes at foreclosure auctions due to predatory or for-profit mortgage loans.

Bank Conglomerates

Ally

Owner of bankrupt GMAC Mortgage home loan corporation. Headquarters in Detroit, Michigan.

Bank of America

Headquarters in Charlotte, North Carolina. Acquired Countrywide.

Citigroup

Headquarters in New York, New York.

Fannie Mae

The Federal National Mortgage Association, nicknamed “Fannie Mae”, is a government sponsored enterprise (GSE) designed to facilitate a secondary market, or “securitization” of mortgage loans. The U.S. government, specifically the Federal Housing Finance Agency (FHFA), took over Freddie Mac, along with Fannie Mae, on September 7, 2008, and the U.S. Treasury has pumped billions into purchases of Freddie Mac stock to prop up the enterprise. Headquarters in Washington, D.C..

  • Timothy J Mayopoulos, CEO, +1 202-752-7000 (and +1 877-753-0562?)

Freddie Mac

The Federal Home Loan Mortgage Corporation, nicknamed “Freddie Mac”, is a government sponsored enterprise (GSE) designed to facilitate a secondary market, or “securitization” of mortgage loans. The U.S. government, specifically the Federal Housing Finance Agency (FHFA), took over Freddie Mac, along with Fannie Mae, on September 7, 2008, and the U.S. Treasury has pumped billions into purchases of Freddie Mac stock to prop up the enterprise. Headquarters at 8000-8250 Jones Branch Drive in McLean, Virginia, tel. +1 800-424-5401. Website at www.freddiemac.com.

JP Morgan Chase

Headquarters in New York, New York, and biggest U.S. lender by assets.

Nationstar

Acquired Aurora mortgage loans. Fortress Investment Group owns 77% of Nationstar. Headquarters at 350 Highland Drive in Lewisville, Texas (outside Dallas). Tel: +1 469-549-2000. Web: www.nationstarmtg.com

PNC Bank

Headquarters in Pittsburgh, Pennsylvania.

  • James E. Rohr, CEO, +1 412-762-2294 (may transfer to Executive Complaint Office voicemail) or 412-963-6133 (home), james.e.rohr@pnc.com or james.rohr@pnc.com
  • William Demchak, President, at +1 917-348-1173 (cell)
  • Thomas Hyland, Senior Vice President, at +1 212-527-3938
  • Frederick Solomon, Vice President of Corporate Communications, at +1 412-762-7544

Select Portfolio Servicing

Wells Fargo

Headquarters in San Francisco, California. Largest U.S. mortgage servicer and lender. Acquired America’s Servicing Company, Wachovia, and World Savings.

Links: Wells Fargo Loan Modification Policies (internal documents)    “Responsible Lending” Practices    “Help” for Homeowners

  • John Stumpf, CEO, +1 866-878-5865 or for America’s Servicing use +1 301-815-3510, john.g.stumpf@wellsfargo.com
  • Board of Directors, BoardCommunications@wellsfargo.com:
    • John D. Baker II, Exec. Chairman, Director of Patriot Transportation Holding, Address 1:, 192 Sea Hammock Way, Ponte Vedra Beach, FL 32082, +1 (904) 543-8196, and Address 2:, 501 Riverside Ave, Jacksonville, FL 32202. Company contact info: Patriot Transportation Holding, Inc, 501 Riverside Ave., Ste 500, Jacksonville, FL 32202, +1 (877) 704-1776, jmilton@patriottrans.com
    • Elaine Chao, 217 C St NE, Washington, DC 20002, +1 (202) 543-7063 or +1 (202) 543-7063, At Heritage Foundation:. Email: staff@heritage.org with Subject line: “To Elaine Chao”, Media information line: +1 (
202) 675-1761
    • John Chen, CEO of Sybase (locally based), Sybase contact info: Sybase iAnywhere, A subsidiary of Sybase
, One Sybase Drive
Dublin, CA 94568, 
Phone: +1 (519) 883-6898, 
Toll Free: 1-800-SYBASE5 (792.2735)
, Email: contact_us@ianywhere.com, jchen@sybase.com?, John.chen@sybase.com?
    • Lloyd H. Dean, CEO of Dignity Health, formerly Catholic Healthcare West,
      CHW info: 185 Berry Street, Suite 300, San Francisco, CA 94107, +1 (415) 438-5500, Contact form: http://www.chwhealth.org/Who_We_Are/Contact_Us/index.htm, @dignityhealth.com?
    • Susan E. Engel, CEO, Portero, Inc, Portero contact info: 28 Kaysal Court, Suite 1, Armonk, NY 10504-1378, United States, Phone: +1 (914) 730-0208, www.portero.com
    • 120 75th St, New York, NY 10021, (952) 824-6438, (212) 734-1449
    • Enrique Hernandez, Jr., Chairman, CEO of Inter-Con Security Systems, Inc.
    • Donald M. James, Chairman, CEO of Vulcan Materials Company, +1 (205) 298-3000, jamesd@vmcmail.com?
    • Mackey J. McDonald. Retired Chairman, VF Corporation
    • Nicholas G. Moore, Retired Global Chairmam of Pricewaterhouse Coopers
    • Federico F. Peña, Senior Advisor, Vestar Capital Partners, Seventeenth Street Plaza, 1225 17th Stre
      et, Suite 1660, Denver, CO 80202, +1 (303) 292-6300
    • Philip J. Quigley, Retired Chairman, President, CEO, of Pacific Telesis Group
    • Judith M. Runstad, Of Counsel, Foster Pepper PLLC, 206-447-8897 (Seattle), runsj@foster.com
    • Stephen W. Sanger, Retired Chairman of General Mills, Inc.
    • Susan G. Swenson, Retired President and CEO of Sage Software, Inc.
  • Patricia Callahan, Senior Executive Vice President, Chief Administrative Officer, +1 800-869-3557, Pat.Callahan@wellsfargo.com
  • Avid Modjtabai, Senior Executive Vice President, Consumer Lending, +1 800-869-3557, Avid.Modjtabai@wellsfargo.com
  • James Strother, Senior Executive Vice President, General Counsel Legal Group, +1 415-396-1793, James.Strother@wellsfargo.com
  • Ruben Pulido, Asst. Vice President, Communications, ruben.pulido@wellsfargo.com
  • Diana Stauffer, Senior VP Regional Servicing Director, +1 (925) 552-4347 (disconnected), diana.stauffer@wellsfargo.com (email undeliverable)
  • Tom Goyda, spokesperson
  • Alfredo Pedroza, Director California Local Government Relations, 415-396-0829, alfredo.pedroza@wellsfargo.com

Links: Add Bank Management to List

Foreclosure Auction Companies

Foreclosure Auction Companies are corporations who administer foreclosure auctions.

We are asking all foreclosure auction companies to sign a pledge to stop handling residential foreclosure auctions until passage of a Homeowner Bill of Rights.

Auction.com

Cal Agent Services

Cal Western Reconveyance

FEI Services

Headquarters at 3535 Factoria Blvd, SE, Suite 200, in Bellevue, WA 98006. Tel: +1 888-334-7678. Media inquiries tel. +1 425-247-2000 or email mediainquiries@feillc.com. Web: www.feillc.com. Additional offices at:

  • FEI Santa Ana Office, 1241 E. Dyer Rd, Suite 250, Santa Ana, CA 92705, +1 714-277-4850
  • FEI Honolulu Office, 500 Ala Moana Blvd, Suite 2-306, Honolulu, HI 96813, +1 808-529-9987
  • FEI Boise Office, 202 S. Cole Road, Boise, ID 83709, +1 208-283-8388

Lender Processing Services / Agency Sales and Posting (LPS/ASAP)

Web: http://www.lpsasap.com (can sign up for free access to trustee sales database, i.e. for foreclosure auctions)

Links: Add Auction Companies to List

Auctions Report for March 24, 2012

Here is a San Francisco foreclosure auctions report with data as of March 24, 2012.

Properties scheduled for foreclosure auction: 613 (down from 615 last week)

# of auctions by sale date (may vary slightly due to small numbers of misfiled or misidentified lenders in data set):

# of auctions by property type (may vary slightly due to small numbers of misfiled or misidentified lenders in data set):

Percentage of auctions for top lenders (may vary slightly due to small numbers of misfiled or misidentified lenders in data set):

Percentage of auctions for top trustees (may vary slightly due to small numbers of misfiled or misidentified trustees in data set):

Source: Data aggregated from Foreclosure Radar.

Auctions Report for March 17, 2012

Here is a San Francisco foreclosure auctions report with data as of March 17, 2012.

Properties scheduled for foreclosure auction: 615 (down from 618 last week)

# of auctions by sale date (may vary slightly due to small numbers of misfiled or misidentified lenders in data set):

# of auctions by property type (may vary slightly due to small numbers of misfiled or misidentified lenders in data set):

Percentage of auctions for top lenders (may vary slightly due to small numbers of misfiled or misidentified lenders in data set):

Percentage of auctions for top trustees (may vary slightly due to small numbers of misfiled or misidentified trustees in data set):

Source: Data aggregated from Foreclosure Radar.