Urgent: We Are Close To Finalizing A Deal With Wells Fargo But We Need Your Help To Make It Happen.

Thank you for your many well wishes on Melissa’s brain aneurysm surgery. She is still in recovery but doing well.   Following our visit to the Wells Fargo Shareholders Meeting in April 2017, and after weeks of conference calls with Wells Fargo, they finally made an offer: They agreed to relieve all penalties, interest and fees from Mom’s mortgage providing that our family could supply them with a reverse mortgage to satisfy the amount of the principle that she owed.   Initially we felt tremendous relief and thought our prayers had been answered. We soon discovered that the kind of reverse mortgage we needed was something known as a “Jumbo Loan,” and what Wells Fargo failed to tell us is that those kinds of loans are not available in New York State.   To further complicate matters, the direct negotiations we were engaged in with Wells Fargo were abruptly severed by their attorney. Their attorney then delivered an offer to our family which had untenable terms that did not represent any of our previous discussions or negotiations with Wells Fargo. This occurred at the beginning of June 2017 and just prior to Melissa’s brain surgery, of which Wells Fargo were aware. The timing of this turn of events was extremely upsetting.   We attended HUD counseling and have offered Wells Fargo the largest reverse mortgage available, to satisfy our initial arrangement/agreement with them. That, in addition to what’s left of our family’s savings, enables us to give Wells Fargo $500,000, but we are still $100,000 short.   Two fundraisers are now in place to help our Mom: one via this petition on change.org and another through Go Fund Me.  If you or anyone you know can contribute, you would be helping our Mother, an 86 year old, breast cancer survivor with Alzheimer’s, live out her remaining years in her home instead of facing the devastating consequences of losing 60 years of her memories. If 100,000 people gave just $1 each, we could keep Mom in her home for the rest of her life. Please share Mom’s story widely so that we can all create a miracle for her.   With heartfelt thanks,   Melissa, Jamie and our Mom, www.SaveMomsHome.com