Minneapolis homeowner Bobby Hull has agreed to a loan modification with Bank of America that will allow him and his family to stay in their home. Nick Espinosa, a Minneapolis resident and participant in Occupy Minneapolis, created the Change.org campaign to support Bobby. With help from Occupy Homes and Minnesota Neighborhoods Organizing for Change, Bobby was able to reach a permanent solution that will allow him to make affordable mortgage payments and keep his family in their home and the community.
Bobby has lived in his South Minneapolis home since 1968. He bought the home from his mother in 1971 with his Marine Corps salary. After serious health problems (including surgery and three heart attacks), Bobby's contracting business suffered and he fell behind in his payments to Bank of America.
Bobby said: "I stood up and told the banks I wasn't leaving until they negotiate, and I won! This means the world to me and my family, but we aren't satisfied yet. We won't stop until all Americans across the country get the same deal that I did."
Occupy Homes Minneapolis created this video about Bobby's victory.
Bobby Hull has bravely served his country as a US Marine and despite his sacrifice he and his family are facing eviction this winter.
He first began living in his South Minneapolis home when his mother bought it in 1968. The title was later transferred to him, and he made timely payments on the house for decades while his nine brothers and sisters and innumerable extended family used the home as a stable transition point as they worked through the economic downturn.
Some recent health problems have caused him to fall behind in his payments. Meanwhile, Bank of America refused to provide Bobby with a reasonable loan modification. US Bank then purchased the home at the Sheriff's sale and it is their responsibility to work with Bobby to keep him and his family in their home.
Bobby is now being supported by Occupy Minnesota. Bobby was surprised to learn that occupiers were organizing to help him and others in his position. “Thank God this is happening. I’ve read the Constitution and I know that it’s supposed to be ‘We the people’", Bobby said. "We're supposed to unite, that's what our forefathers did. You've watch my back, I've got yours... I’ve served my time in Vietnam and I’m not afraid to fight again.”
If we do nothing he and his family are facing a February eviction, in the dead of winter, with nowhere to go. Please join Bobby Hull in asking US Bank to allow his family to stay in their home and to agree to a loan modification.