For the illegal and fraudulent foreclosures these bank have perpetrated on millions of families help us stand up to say NO. One family at at time winning these battles makes it easier for the next family. We have a precedent setting case in California Federal Court against US Bank and Wells Fargo, all we are asking is to stop our eviction until we have our day in court, as we have fought so hard to get to this point. The Federal Court ruled in our favor when it did not dismiss our case and we are awaiting trial for next year. We have an Unlawful Detainer hearing on May 14 and will be evicted shortly after that, time is of the essence!
Two years ago when our income dropped and we knew we couldn't refinance, we were advised by Wells Fargo loan agents that in order to qualify for a loan modification we had to default on our loan. Once we defaulted we immediately applied for a loan modification and sent in all the required information and documents. After 6 months and hundreds of documents sent, (now 6 months behind on mortgage payments) we found out that the investors on our loan don't do modifications. Why didn't they tell us that when we started? Ours was a morgage back security loan with US Bank managing a "pool of investors." As I did research I realized that these were the types of loans that were turned into stock, so the chain of title is broken, the banks didn't follow the NY stock exchange laws that regulate these investments, which causes banks to use fraudulent means to foreclose on peoples homes. We found an attorney, Deborah Gutierezz, with Prosper Law in L.A., who specializes in Foreclosure defense and is passionate about helping families take on the banks.
We're not asking for a free house, and are willing to pay rent until our case is settled. Once we realized what actually happened to our loan we felt that US Bank and Wells Fargo should be held accountable for how they handled our mortgage. They expect impeccable paperwork from us, we are just asking for the same impeccable handling of our mortgage documents and to follow the laws that regulate how property title is handled, for the security of all homeowners.
Sign our petition to help us see this case to it's fruition so that other families will believe that it is possible to stand up to these banks and win!
Billi Vogan started this petition with a single signature, and now has 325 supporters. Start a petition today to change something you care about.