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Save the Faerie Cottage
  • Petitioned Brian T. Moynihan

This petition was delivered to:

Bank of America
Brian T. Moynihan
Bank of America
Barbara Desoer

Save the Faerie Cottage

    1. Jennifer Lowe
    2. Petition by

      Jennifer Lowe

      Houston, TX

  1.  
  2.   
June 2012

Victory

Francesca Lia Block, the owner of the home she calls the "Faerie Cottage" and a popular young adult novelist, reached an agreement with Bank of America that will allow her and her children to stay in their home in California.

Francesca said, "Bank of America has responded to our petition and is agreeing to modifying my loan at a low interest rate with lower monthly payments! Although there is still a second loan I have to deal with and a large amount of principal due in 2037, this is a huge victory. My children and I want to thank Jennifer Lowe, Change.org and everyone who signed this petition. When I felt like giving up, you gave me the strength to go on and  every morning I wake up in my faerie cottage for the next 25 years I will think of you with gratitude."

Fans & friends of Francesca Lia Block, please help put pressure on Bank of America to refinance her home, the Faerie Cottage, so she doesn't have to go through foreclosure! Francesca has been trying for over a year to apply for different homeowner's loan modifications, only to be stonewalled at every turn. Read about it at http://savethefaeriecottage.blogspot.com, and sign the petition--please spread the word!

***

THE BASICS:

Dear fans & friends of Francesca Lia Block,

We've decided to create this website to put as much pressure as possible on Bank of America, who are dragging their feet about working with Francesca Lia Block on refinancing her home, which threatens her with foreclosure. You know Francesca as a highly respected working author, teacher, and single mother of two. And if you're a fan of Francesca's books, or one of the many students who've spent time at her home, the Faerie Cottage, you know how important that home is to her work, and you will want to know what's going on, and how you can help.

The story in brief: Francesca has good credit and an up-to-date mortgage for an over-encumbered property (which has declined in value due to current market conditions and the recession). In other words her house is, as they say, "underwater." In order to avoid foreclosure, she has been trying for an entire year to get the bank to modify the existing (and incredibly unfair) interest-only loan on the property, since it has declined so much in value.

You may have heard about Obama’s plan to help people in a similar situation with Bank of America, or read various articles about this situation on the Internet (with Bank of America claiming they are trying to help their customers), so some of what you read about this will sound familiar to you. Click on savethefaeriecottage for a timeline and more information about how unfairly Bank of American has been treating their customer and our friend.

And above all, please help in spreading the word about this situation! Link to this petition and tell other Francesca friends, so we do everything we can to help save the Faerie Cottage for her, her children, their friends, and all of us who love her.

Recent signatures

    News

    1. over 2000 signatures! and finally, some real progress with B of A

      Jennifer Lowe
      Petition Organizer

      Hi everyone—we have some great news to share today. Not only do we have more than TWO THOUSAND signatures on our petition, headed toward our goal of 2,500—but even better:

      Bank of America is really starting to work with our beloved author. There have continued to be roadblocks and a great deal of red tape, but in spite of many ongoing delays, your actions have helped this bank realize what a valuable customer Ms. Block is to them, and that they must work with her to solve the problem. We want to thank you for your ongoing support, which has brought this situation to its present place: still not resolved, but on a good path toward that resolution, and you have made the difference. And thank you, Bank of America, for showing good faith toward our friend!

      Finally, for your viewing pleasure, here is a video of the Faerie Cottage in action, peopled with all those who live and love and work and write and dance there—please enjoy! and do share with your friends and with fellow fans.

    2. Reached 2,000 signatures
    3. update! let's keep the pressure on....

      Jennifer Lowe
      Petition Organizer

      Francesca has just posted an update on her blog. She writes to supporters:

      "Thank you so much for all your kindness and for taking the time to sign my petition. I got a polite response from BofA the first day I went public—showing that we can make things happen when we work together—but since then there have been more frustrating delays. The stress continues to weigh on me and my children. Many of you know what this feels like. I hope my struggle can help you as well. Please pass this on to others to keep BofA accountable. With gratitude, Francesca Lia Block."

      Why hasn't this been resolved by now, Bank of America? What does it take for you to pay attention to your customers, and work with them, rather than against them?

      We have almost 1,500 signatures—please help out by continuing to spread the word! Please post on Facebook & Twitter, and email your friends—together we can help Francesca, and help pave the way for other families to keep their homes safe from foreclosure.

    4. Special thank you for your support

      Jennifer Lowe
      Petition Organizer

      As a special thank-you to the thousand-plus people who have signed here, Francesca wants to share some free writing videos with you--and if you watch them, you can get a peek inside the Faerie Cottage, too!

      part 1: http://vimeo.com/7527405
      part 2: http://vimeo.com/7528741
      part 3: http://vimeo.com/7529744

      (The password for all three videos is "pinkcottage," without quotation marks.) Thanks again for your support, and please keep spreading the word!

    5. Over a thousand signatures now!

      Jennifer Lowe
      Petition Organizer

      Hello friends & fans of Francesca—so tonight we reached over a thousand signatures on the petition, in a little less than a week. This is fabulous, and you made it possible. Thank you.

      Also today, Francesca completed and FedExed a packet of info to Bank of America--their prompt response last week definitely means we made an impression! And they'll hopefully get cracking on modifying her loan agreement before it's too late. But the battle isn't over yet--they may be counting on our campaign to lose steam. We need to keep the pressure on them, so please continue your amazing work of posting the links, tweeting about the story, and spreading the word!

      Thanks again for all your amazing work helping publicize this cause--your support has made a huge difference. Onward!

    6. Reached 1,000 signatures
    7. Reached 250 signatures

    Supporters

    Reasons for signing

    • Hannah Spracklan-Holl MELBOURNE, AUSTRALIA
      • over 2 years ago

      Francesca's books are incredible, and have impacted my life beyond belief. This shouldn't be happening to anyone, and I only hope that this petition will stop it from happening to her.

      REPORT THIS COMMENT:
    • Joshua Galloway WINNSBORO, TX
      • over 2 years ago

      Because y'all are fucking sick.

      REPORT THIS COMMENT:
    • Laura Samsel SEATTLE, WA
      • over 2 years ago

      Francesca Lia Block is probably the most brilliant YA author of our time.

      REPORT THIS COMMENT:
    • Sara Finnerty LOS ANGELES, CA
      • over 2 years ago

      I will never be able to understand the injustices routinely practiced by our banks. Hardworking, talented people like Francesca Lia Block should not be treated this way. I hope and pray this somehow works out for her.

      REPORT THIS COMMENT:
    • Tony Powell BRONX, NY
      • over 2 years ago

      Even though refinancing would lower the risk of default on this loan and Bank of America received $45 billion from the federal government, big banks like this have a low regard for its customers and the American public. BofA has the opportunity to do the right thing in this situation.

      REPORT THIS COMMENT:

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