While the banks are getting bailed out, we say no one gets put out. Let's stop all foreclosures and elevate housing to a human right.
When Leonard Spears moved into the Jay St. neighborhod in Rochester, he was not only building up his house but an entire neighborhood that has been rocked by foreclosures and evictions. Leonard spent 10s of thousands of dollars fixing up the house making it livable again. Now that he has built up equity in the house, Wells Fargo and Freddie Mac want to take the house out from under him.
Despite 10-12 attempts at a mortgage modification, Wells Fargo refused to negotiate with Leonard and instead asked him to continually resubmit the same paperwork. In order to take his home as quickly as possible Wells Fargo never served Leonard the Summons and Complaint for the foreclosure action, denying him proper recourse to defend his home in court. Instead Wells Fargo fabricated the paperwork saying they served Leonard and claiming he was up to 6 feet tall with black, brown, and blond hair! Unfortunately for Wells Fargo, Leonard is about 5'6'', bald and has never had blond or brown hair. In a further stroke of fraud, lawyers for Wells Fargo reveal that their client didn't own the mortgage or note when they foreclosed on Leonard Spears, giving them zero legal standing to foreclose in the first place. To add insult to injury, when Wells Fargo foreclosed on Mr. Spears, they sold his house to Freddie Mac for $500. Now Freddie Mac is trying to evict Leonard and gave him 90 days to vacate on March 30, 2012. We are demanding that Freddie Mac withdraw the eviction and that Wells Fargo withdraw the foreclosure and work out a reasonable settlement with Leonard.