Category Archives: deutsche-bank

Dear Wells Fargo, Thanks for All the Foreclosures!

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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

ALERT: Demand Deutsche Bank Stop Eviction of William Bailes and Caregiver Gigi Ellis

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Update as of October 8, 2012: Deutsche Bank has agreed to postpone the eviction of William Bailes and Gigi Ellis in order to hopefully come to a mutually agreeable solution, so we have postponed the October 9 protest and all phone calls and emails for the action alert.

Deutsche Bank has pursued a protracted battle to evict disabled renter William Bailes and his niece, caregiver, and homeowner Gigi Ellis from their Bernal home in San Francisco. Bill and Gigi want to remain in their home, where Bill’s doctor says he must remain to receive the nearly round-the-clock care he requires for life-threatening illnesses including hepatitis C, interstitial lung disease, and pulmonary fibrosis, which has him on an oxygen tank.

The eviction is scheduled for Wednesday, October 10.

Please take action to help the Bill and Gigi:

1) EMERGENCY RALLY
When: 9:00am on Tuesday, October 9
Where: Deutsche Bank office, 101 California Street at Davis Street, San Francisco (one to two blocks from Embarcadero BART station)

2) Call and email Deutsche Bank with the following message:

* Seth Waugh, CEO, +1 212-250-5646 or main line +1 212-250-2500

* Jeffrey Ruiz, Director, +1 212-250-3667

* Duncan King, Head of Press & Media Relations, +1 212-250-4864

* Randall Naiman, Eviction Attorney for Deutsche Bank, +1 858-535-4808

Sample messsage:

To: seth.waugh@db.com, jeffrey.ruiz@db.com, duncan.king@db.com, info@naimanlaw.com
Cc: action@occupytheauctions.org
Subject: Stop the Eviction of William Bailes and Caregiver Gigi Ellis at 433 Nevada Street in San Francisco

Please stop the eviction of disabled renter William Bailes and his niece, caregiver, and homeowner Gigi Ellis from their home at 433 Nevada Street in San Francisco. Bill and Gigi want to remain in their home, where Bill’s doctor says he must remain to receive the nearly round-the-clock care he requires for life-threatening illnesses including hepatitis C, interstitial lung disease, and pulmonary fibrosis, which has him on an oxygen tank. The eviction is scheduled for Wednesday, October 10.

Gigi Ellis was in negotiations for a loan modification from Washington Mutual (which took over the loan from Long Beach Mortgage and was later acquired by JP Morgan Chase) when Deutsche Bank foreclosed on the home without Gigi’s knowledge. Please stop the eviction and negotiate with Bill and Gigi so that they can obtain a loan modification or have a third party purchase the home so they can remain in their home.

Please don’t put disabled people out on the streets.

3) Please mark your calendars for possible eviction defense on Wednesday, October 10.

For updates and this action alert: http://occupytheauctions.org/wordpress/?p=4873

Occupy Senior and Veteran Evictions and Foreclosures in San Francisco (Occupy Anniversary)

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Elderly Foreclosure and Evictions Fighters from the San Francisco Bay Area held a press conference at 12:00 noon on Monday, September 17, at the San Francisco War Memorial Building at 401 Van Ness Avenue. MC Archbishop Franzo King, of the St. John Coltrane Church, kicked off the event by describing and analyzing his own foreclosure situation with Wells Fargo bank and the plight of seniors, veterans, and disabled folks preyed upon by the banks.

92-year-old disabled Navy veteran Robert Moses spoke about the multiple attempts he made to obtain a fair deal loan modification from loan servicer Homeward Residential (formerly American Home Mortgage) and from loan owner Deutsche Bank for his Visitacion Valley home where he has lived since 1972.

Don and Tina Baird spoke about their struggle to hold on to the home in Redwood City they purchased in 1966. Don served in the US Coast Guard in the Pacific, and will turn 90 this month. They face a foreclosure auction scheduled for September 24. He has heart surgery on September 27.

Benjamin Reed, Jr., spoke on his father’s behalf about a similar struggle with the bank. Benjamin Reed, Sr., was a Tuskegee Air Man. He and his wife Irma have lived Twin Peaks for 27 years.

Finally, senior Alfred Richardson talked about the bank’s auction of his home at the War Memorial Building last Tuesday.

After some rousing speeches from Archbishop King and Grace Martinez of ACCE, the press took individual interviews and much of the crowd marched over to the nearby JP Morgan Chase bank branch at 500 Van Ness Ave.