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FAIR USE NOTICE

A BEAR MARKET ECONOMICS BLOG


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FAIR USE NOTICE FAIR USE NOTICE: This page may contain copyrighted material the use of which has not been specifically authorized by the copyright owner. This website distributes this material without profit to those who have expressed a prior interest in receiving the included information for scientific, research and educational purposes. We believe this constitutes a fair use of any such copyrighted material as provided for in 17 U.S.C § 107.

Read more at: http://www.etupdates.com/fair-use-notice/#.UpzWQRL3l5M | ET. Updates
FAIR USE NOTICE FAIR USE NOTICE: This page may contain copyrighted material the use of which has not been specifically authorized by the copyright owner. This website distributes this material without profit to those who have expressed a prior interest in receiving the included information for scientific, research and educational purposes. We believe this constitutes a fair use of any such copyrighted material as provided for in 17 U.S.C § 107.

Read more at: http://www.etupdates.com/fair-use-notice/#.UpzWQRL3l5M | ET. Updates

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Monday, July 6, 2015

The OCCUPY Pledge to Move Money Out of Wells Fargo




For the past year, Occupy Fights Foreclosures has been fighting to keep many homeowners from being wrongfully foreclosed and evicted by Wells Fargo Bank, which has been sued, not just by unhappy homeowners, but by the US Justice Dept., the Federal Reserve, and two large cities for its predatory and discriminatory lending practices. Many of its victims have stories similar to these:

• Read about Harolyn Rhue, a disabled African-American woman whom Wells Fargo wrongfully foreclosed and evicted on May 30th. Anatomy of a foreclosure: Institutional mortgage juggling leads to disabled Altadena woman’s eviction: http://www.pasadenaweekly.com/cms/story/detail/?id=12177"In Rhue’s case, the loan was more than inappropriate. It was never manageable, based on income figures twice her actual earnings. Rhue says she neither claimed the numbers listed nor did she actually sign the document, alleging her signature was forged."

• Learn about Richard Castaldo, Columbine shooting survivor, who is fighting to keep his home after Wells Fargo gave his family a predatory loan. http://www.youtube.com/watch?v=3LTKmUBa5lA



• Learn about Larry Delassus, who died of a heart attack in court as he fought to keep Wells Fargo from foreclosing on him. http://www.youtube.com/watch?v=t13vOIGJATg



Despite pocketing vast bailouts from the Fed and the U.S. Treasury, and promising to make amends in the settlement with state attorney generals, Wells Fargo has been rated as among the worst performers in fixing their predatory mortgages. In other words, Wells Fargo continues trapping people with the very practices that have helped tank the U.S. economy and set the global economy spiraling. [reference 1, 2, 3]

States are willing to settle on empty promises, and legal help often doesn't happen sooner than eviction. Let's start a DIY fight for justice by hitting Wells Fargo in the only place it feels the pain: its wallet. Let’s starve the beast. Let's bring justice closer. And let's regain control of our economy.

Move Your Money Out of A Criminal Hand, Wells Fargo.

Here are 6 reasons to do it:

1. End foreclosure abuses by compelling Wells Fargo to work with homeowners.
2. Force Wells Fargo to invest in homeowners by providing more principal reductions.
3. Invest in Main Street, not Wall Street.
4. Lend a Hand to Local Businesses
5. End Too-Big-o-Fail Banks 
6. Fewer Fees, More Savings


PLEDGE TO SUPPORT AND MOVE YOUR MONEY OUT OF WELLS FARGO BEGINNING ON SATURDAY, JUNE 22ND

And let these Wells Fargo executives know why you support the "Move Your Money" Out of Wells Fargo Campaign:

515-213-6117 MICHAEL HEID (Wells Fargo President of Home Loans)

415-396-7018  JOHN STUMPF (Wells Fargo CEO)

Saturday, July 4, 2015

Occupy Fights Foreclosures: Homeowner Resources


Follow these steps to take action to stop illegal foreclosure.

1. Find Legitimate Legal Assistance & Avoid Scams

 

Many homeowners go to foreclosure-rescue scammers, only to drain their time and money without a result. Please take advantage of our handpicked list of legitimate agencies that can actually help you.

 

2. Report Frauds & File Complaints

It is important to file as many complaints and reports as possible so that your case will be noticed by many institutions and agencies as well as build a collective pressure to legal bodies to bring justice.

National

Local

 

3. Get Educated with Facts & Details

 

The key is to get correct and solid knoledge of the problem:
Fraudclosure 101: Mortgage & Foreclosure Fraud
and destigmatize the homeowners:
Foreclosure 101: Change the Conversation

Both in one brochure: Download as PDF (90 KB)

Foreclosure Defense Workshop by CJ Holmes   
Viewable at: http://new.livestream.com/accounts/2292674/events/1892985
  • Loan Modification Workshop
  • Notary Complaints Workshop
  • Attorney General Presentation of Recontrust Document Violations
  • Owner Statement of Suspicious Documents Workshop
  • Analyzing Recorded Docs 2
  • Analysis Recorded Documents
  • OCC Complaint Workshop
  • QWR Letter Workshop
  • Workshop: Eleven Foreclosure Defense Considerations
Learn more:

 

4. Contact U.S. Government Agencies

 

 

5. Kick Out Bad Banks Before They Kick You Out

To break up with your bank by transferring all of your balances from a bad bank to a good bank is an effective method to bring justice to the economic injustice.

Why Should You Move Your Money →

  1. End foreclosure abuses by compelling banks to work with homeowners
  2. Force banks to invest in homeowners by providing more principal reductions
  3. Invest in Main Street, not Wall Street
  4. Lend a Hand to Local Businesses
  5. End Too Big to Fail Banks
  6. Fewer Fees, More Savings
How to Move Your Money →
  1. Find a Local Community Banks & Credit Unions →
  2. Open your new account
  3. Order checks and a debit card
  4. Ask your employer to reroute your direct deposit
  5. Activate your new account
  6. Contact companies that enroll you in auto-pay
  7. Close your old account
  8. Enjoy Your New Local Banking Relationship!

 

6. Contact Us

Click here to contact Occupy Fights Foreclosures