It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by lynn112
consumerist.com...
Wells Fargo works very hard to keep homeowners in their homes whenever possible. In the case of Ms. Black, Wells Fargo is the trustee for the trust that owned the mortgage loan secured by her home. As the trustee, we perform certain administrative duties on behalf of the trust, but we are not responsible for making servicing or foreclosure decisions. Those decisions are made by the mortgage loan servicer, which in this case is Carrington Mortgage Services, LLC.
Ms. Black defaulted on her loan in August 2009. Carrington made numerous offers of assistance over the past three years, which included a loan modification, relocation assistance, and agreements to various stays and continuances. Even with those efforts, keeping Ms. Black in her home unfortunately wasn’t possible in this case. We have been in contact with Carrington and received confirmation that (i) the foreclosure and eviction were both performed lawfully and professionally, (ii) there was no automatic stay in place at the time of the eviction, and (iii) during the foreclosure process and before the eviction, numerous attempts were made to help Ms. Black.
Not defending the bank here, but if what they say is true, then the eviction could very well be legal.
Originally posted by flice
Originally posted by lynn112
consumerist.com...
Wells Fargo works very hard to keep homeowners in their homes whenever possible. In the case of Ms. Black, Wells Fargo is the trustee for the trust that owned the mortgage loan secured by her home. As the trustee, we perform certain administrative duties on behalf of the trust, but we are not responsible for making servicing or foreclosure decisions. Those decisions are made by the mortgage loan servicer, which in this case is Carrington Mortgage Services, LLC.
Ms. Black defaulted on her loan in August 2009. Carrington made numerous offers of assistance over the past three years, which included a loan modification, relocation assistance, and agreements to various stays and continuances. Even with those efforts, keeping Ms. Black in her home unfortunately wasn’t possible in this case. We have been in contact with Carrington and received confirmation that (i) the foreclosure and eviction were both performed lawfully and professionally, (ii) there was no automatic stay in place at the time of the eviction, and (iii) during the foreclosure process and before the eviction, numerous attempts were made to help Ms. Black.
Not defending the bank here, but if what they say is true, then the eviction could very well be legal.
Good work... you need applaus for this. I was actually starting to boil over this action, but when I read yours, it suddenly becomes obvious that every once and in a while we need to remind ourselves that there's always two sides to one story, and of course the media and alternative media posted the story that would generate the most response.
I think maybe we need to start to look more critically at the media instead of the various businesses and politicians... I think that often ALL media people will spin the truth either to further an agenda like here or to get more readers. It's pathetic.
Imagine how much hate and misunderstandings are generated in this world simply because some editorial prick chooses to run half a story.
www.orangejuiceblog.com...[edi tby]edit on 3-11-2012 by JohnPhoenix because: sp
Sad, yeah, a terminal cancer victim getting evicted. Maybe you’re saying “What a shame, it’s a tough life.” So would I. But the thing is, this eviction was illegal:
Number one, Ms Black had an ORDER FROM A FEDERAL JUDGE forbidding the eviction, taped to her door, clasped in her hand, and on file with all local law enforcement agencies; our bold OC Sheriffs, opting to follow the orders of a Wells Fargo attorney instead of a Federal Judge, crumpled the document up and proceeded with the eviction.
Number two, the foreclosure itself was based on a FRAUDULENT LOAN on which Ms. Black’s signature was faked and misspelled; a loan which, whatever else it may have been, was predatory as well, at an exorbitant rate and requiring a balloon payment, but in any case a loan Ms. Black had nothing to do with.
As I ALWAYS point out when I write about these criminal foreclosures, these kinds of fraudulent practices are practically the norm