Wells Fargo and HUD: Don’t foreclose on Hurricane Sandy victims
  • Petitioned Vickee Adams

This petition was delivered to:

Wells Fargo
Vickee Adams
Wells Fargo
Oscar Suris
Office of the Comptroller of the Currency - U.S. Treasury Department
Thomas J. Curry
Wells Fargo
John Stumpf

Wells Fargo and HUD: Don’t foreclose on Hurricane Sandy victims

    1. Petition by

      Kathleen Murphy

      Brick, NJ

I live in New Jersey and my home was almost completely destroyed by Hurricane Sandy. Now, I’m at risk of losing it all over again. This time because of Wells Fargo. And I’m not alone.

In the wake of the devastating superstorm, many of us lost almost everything and we’re still struggling to rebuild due to incredible costs of reconstructing everything. I had to send two of my three daughters to live with my sister while my other daughter lives with me and my husband in a trailer that we purchased and set up in our front yard while reconstruction on our home continues. We are about halfway done with the repairs that are necessary for us to move back in, but now we’re facing a possible foreclosure. 

After the hurricane hit, the Secretary of Housing and Urban Development, Shaun Donovan, announced an agreement with major banks that would put a moratorium on foreclosures for people in disaster zones to give us a chance to pull our lives together after this natural disaster. On April 13, 2013, Donovan extended the moratorium in order to allow people the time to repair their homes and replace lost necessities.

Wells Fargo is my lender and I have a loan backed by the Federal Housing Administration which means that my mortgage should be covered by the agreement. That’s why I was shocked in early May when I learned that Wells Fargo had reported me to credit bureaus, claimed I had a past due balance on our mortgage for the time period during the moratorium and said that we could face foreclosure. There are thousands of other homeowners who are still struggling to fix their homes and rebuild financially who could be losing what’s left of their homes if Wells Fargo is not forced to comply. Many other homeowners in my neighborhood alone are facing the same problem with the bank.

Many families like mine were forced to drain our savings and exhaust whatever financial resources were available to us in order to replace lost necessities, secure temporary housing and support ourselves and our families. My family had to borrow money against my husband’s 401K to finance construction. But Wells Fargo is the largest mortgage lender in the country. They’ve reported record high earnings and profits continue to grow. Is it asking too much of Wells Fargo to comply with a federal order that was meant to help their customers recover from a devastating disaster? I want to be able to pay my mortgage, but we need some time to get back on our feet.

Please sign this petition to tell Wells Fargo to stop foreclosing on Hurricane Sandy victims and asking the Department of Housing and Urban Development to force Wells Fargo to comply with its federal order. Thank you.

To:
Vickee Adams, Wells Fargo
Oscar Suris, Wells Fargo
Thomas J. Curry, Office of the Comptroller of the Currency - U.S. Treasury Department
John Stumpf, Wells Fargo
Please enforce compliance from Wells Fargo regarding the Federal Order (issued on April 13, 2013 by Secretary of Housing and Urban Development - Shaun Donovan) to extend the foreclosure moratorium in place for Sandy Victims for an additional 6 months.

Sincerely,
[Your name]

Recent signatures

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    1. Reached 75,000 signatures

    Supporters

    Reasons for signing

    • Nadia Sindi EUGENE, OR
      • 6 months ago
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    • Rev FE Baxter MOUNTAIN HOME, TX
      • 6 months ago

      It is morally the right thing to do to help those who suffered from Hurricane Sandy.

      REPORT THIS COMMENT:
    • Krupa Naik TOMS RIVER, NJ
      • 6 months ago

      I am from Jersey and although not greatly, I too was affected by Sandy.

      REPORT THIS COMMENT:
    • Jennifer Lopez VALLEJO, CA
      • 7 months ago

      This is important to me because it is not these people's fault that this happened to them.

      REPORT THIS COMMENT:
    • dorothy hogge VILLAS, NJ
      • 8 months ago

      I agreed to forgo paying my mortgage while getting my home repaired after hurricaine Sandy. My youngest daughter had just delivered a premature baby and she and her family were living with me and my older daughter, her husband and my 3 year old grand daughter were displaced from West Wildwood, NJ so they came to live with me as well. Now we were 7 people living in one house with one income! What a blessing it was to not have to pay a mortgage, the money came in handy for repairs, utilities and food. Now I'm told by WF that they want ALL of the money back in one lump sum, late charges, and have reported me to credit bureaus! I tried to work with their program to have a modified loan payment but was denied. I have been driving 45 minutes 2 x per month to make partial mortgage payments only to have a rep call me today and say that the payments havent been applied to any account because I'm not in a program! What??? I am soooo sick to my stomach. I was 50 years old when I purchased my first home. I worked so hard for this house, for what? I won't let them win! They offered a deal without explaining it thoroughly. I would NEVER had agreed to a deal where I had to pay back money in a lump sum. They reps I spoke with all agree on taped messages that it hadnt been explained properly.

      REPORT THIS COMMENT:

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