* deceiving taxpayers
* attempted eviction of good neighbors
like Belva Davis
* lobbying to defeat bank regulation &
(Be there by 11:50 am if you can)
For peaceful picketing at: 19770 Mack Ave., Grosse Pointe Woods
(Exit I-94 at Moross Rd., east to Mack Ave, left to Cook Rd.)
Wells Fargo/Wachovia is one of the Bailout Bandits that pocketed $25 billion in taxpayer money. Even after the government gave it another $2.8 billion to modify mortgages, Wells Fargo has restructured only 6% of its eligible loans, well below most banks (see makinghomeaffordable.gov).
This has to stop!
Wells Fargo should either return the $2.8 billion it got from the federal government to modify mortgages or do what the program calls for: restructure mortgages.
Wells Fargo moves aggressively to evict homeowners like
Belva Davis in Detroit’s East English Village. Belva fell behind
on her mortgage while unemployed. She has a new job
and wants to pay the mortgage, but Wells Fargo refuses to modify
the loan. The thieves who strip vacant homes are being
aided & abetted by Wells Fargo.
Wells Fargo spends millions lobbying against pro-citizen bills like the Employee Free Choice Act, the Foreclosure Prevention Act (S 2636), and House Bill 3609, which would allow judges to modify mortgages. Where is the bailout for Wells Fargo customers & their neighborhoods?
Jobs With Justice is cosponsoring this event. For More information call 961-0800, ext. 23
Also co-Sponsored by Moratorium Now! Coalition and the Detroit Metropolitan Interfaith Committee on Worker Issues
Contact President Ronald Faris at Ocwen, the company that services the mortgage, to insist they negotiate with Belva Davis and other homeowners. Ocwen also took millions in federal money to modify mortgages, but has modified only 5% of eligible cases.
Phone: 561-682-8000. Fax: 561-682-8177. Email: firstname.lastname@example.org.
Copy us your email and keep in touch at