Halt Tuesday 4/3/12 Eviction and Modify Mortgage


Halt Tuesday 4/3/12 Eviction and Modify Mortgage
The Issue
Louise Davidson has owned her home for 23 years. Laid off in August 2009 and determined to keep her home, Ms. Davidson used her unemployment benefits and savings to pay a little more than half of a payment each month until Bank of America refused her partial payments. Throughout Ms. Davidson's tenacious 27-month effort to obtain a mortgage modification, Bank of America made false promises, provided inaccurate and misleading guidance, reassigned the matter to a revolving door of representatives, repeatedly did not return calls or communicate, and refused to modify a loan for a borrower willing and capable of making payments. Whether Bank of America and mortgage owner Fannie Mae are guilty of negligence, misrepresentation or outright fraud, their malfeasance will culminate on Tuesday, April 3, 2012, when Ms. Davidson is scheduled to be locked out of her home.
Ms. Davidson’s story is tragic and, unfortunately, common. Bank of America is publicly cooing that they are trying to keep families in their homes whereas in reality they are pummeling homeowners already reeling from a tanking economy. For its part, Fannie Mae is allowing their borrowers to get roughhoused by Bank of America while alleging that they have no ability to intervene. To compound the woe, Fannie Mae is burning through billions of taxpayer dollars to fund their dastardly, impotent operations.
This must stop. Millions of families have been shattered with millions more to come. The end needs to come April 3, 2012: America needs to keep Ms. Davidson in her home, because there are families fighting the same struggle as Ms. Davidson in every burg in this nation.

The Issue
Louise Davidson has owned her home for 23 years. Laid off in August 2009 and determined to keep her home, Ms. Davidson used her unemployment benefits and savings to pay a little more than half of a payment each month until Bank of America refused her partial payments. Throughout Ms. Davidson's tenacious 27-month effort to obtain a mortgage modification, Bank of America made false promises, provided inaccurate and misleading guidance, reassigned the matter to a revolving door of representatives, repeatedly did not return calls or communicate, and refused to modify a loan for a borrower willing and capable of making payments. Whether Bank of America and mortgage owner Fannie Mae are guilty of negligence, misrepresentation or outright fraud, their malfeasance will culminate on Tuesday, April 3, 2012, when Ms. Davidson is scheduled to be locked out of her home.
Ms. Davidson’s story is tragic and, unfortunately, common. Bank of America is publicly cooing that they are trying to keep families in their homes whereas in reality they are pummeling homeowners already reeling from a tanking economy. For its part, Fannie Mae is allowing their borrowers to get roughhoused by Bank of America while alleging that they have no ability to intervene. To compound the woe, Fannie Mae is burning through billions of taxpayer dollars to fund their dastardly, impotent operations.
This must stop. Millions of families have been shattered with millions more to come. The end needs to come April 3, 2012: America needs to keep Ms. Davidson in her home, because there are families fighting the same struggle as Ms. Davidson in every burg in this nation.

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Petition created on March 29, 2012