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David and Goliath fight: Taking on the largest US home lender, Wells Fargo

March 13, 2014

Pack the courtroom Thursday, March 13, 1:15 p.m., Federal Building, Seventh & Mission, 17th Floor, Department 3

by A. Jacquie Taliaferro

The California Homeowners’ Bill of Rights is being tested in federal court.

As a filmmaker and activist based in San Francisco, I am suing Wells Fargo Bank, which assumed the predatory loan on my family home that traveled a slippery slope from Countrywide to World Savings Bank to Wachovia, all of which went out of business due to dubious, immoral and illegal activity.

BHRLC Meet the Lawyers Jacquie Taliaferro, Cati Okorie Alex Pitcher Room 102413 by Lance Burton, Planet Fillmore Communications, web
Filmmaker A. Jacquie Taliaferro speaks at a recent meeting of the Black Human Rights Leadership Council. – Photo: Lance Burton, Planet Fillmore Communications
The mortgage held now by Wells Fargo Bank is for our family home in Bernal Heights that was purchased over 50 years ago by my World War II veteran father and my mother, who worked in nursing. It’s been an on-going battle since the economic crisis began early in 2007 for me and my company, LaHitz Media.

The multi-billion dollar bullying LA law firm Anglin Flewelling Rasmussen Campbell and Trytten LLP represents Wells Fargo in the case that is headed by lead attorney Robert Bailey. This is truly a David vs. Goliath situation.

Fighting my case “pro se” with no legal training, it is of great help to me that I found out about D.M. Evans and Associates of San Leandro. As a result I am faring much better than my past experiences in filing in federal court as those cases were quickly dismissed. The legal framework D.M. Evans and Associates provides has given me a fighting chance to have my say in court. I will appear in court tomorrow and I invite you to join me for my first round at The Federal Building, 17th Floor, Department 3, at 1:15 p.m. on March 13.

It takes more than one weapon to fight a world war. Working with ACCE (Association of Californians for Community Empowerment), which is only one of a handful of organizations that gives homeowners a fighting chance, we are asking everyone who understands how the people of the banking system have devastated the U.S. middle class and those who are for social justice to take action and contact Wells Fargo Bank officials, the law firm AFRCT, California Attorney General Kamala Harris and the California monitor, professor Katherine Porter (contact information below).

After years of letters, calls, meetings, court proceedings, I stand today without an affordable loan modification from Wells Fargo Bank and facing eviction. As the company has hindered my ability to earn money, I have appealed to Wells Fargo to work with me so that I can use my home for veterans and/or foster care youth to generate funds to pay their “blood out of a turnip” mortgage payments.

But one of the key indicators of why the people of Wells Fargo Bank aren’t willing to work out a humanitarian solution is because of my advocacy and vocal protests, not only at their institutions (see “‘Occupy Our Homes’ protest: Wells Fargo Bayview Branch Ground Zero”) but also the homes of their executives such as the CEO John Stumpf and California Community Affairs Director Brenda Wright.

Over 4 million homeowners since 2007 have been dragged from their homes, as strangers posted papers on the doors of their homes. Their children cried in fear as strangers came to their doors to demand that they leave their homes. Why should the people of the banks be exempted from strangers coming to their doors to demand justice?

As you contemplate taking action, consider Jessica Silver-Greenberg’s New York Times article “New York to Sue Wells Fargo Over Mortgage Settlement.” An earlier New York Times editorial, “More Questions on Mortgage Relief,” is a forewarning of the bank’s duplicity around the $25 billion mortgage settlement that put the majority of the money back into the hands of bankers and others while in the majority of cases homeowners walked away with less than $1,000 after years of paying their mortgages.

Occupy Our Homes protest Jacquie Taliaferro, Archbishop Franzo King, Ed Donaldson BVHP Wells Fargo 120612
SF NAACP Communications Chair Jacquie Taliaferro, SF NAACP Foreclosure Chair Archbishop Franzo King and homeowner advocate Ed Donaldson protest Wells Fargo Bank, No. 1 in foreclosures in San Francisco, at its Bayview Branch in the neighborhood where foreclosures are highest, during the nationwide “Occupy Our Homes” campaign Dec. 6, 2012.
The people of the banking system have lost their moral center. The fact that Wells Fargo has received the slave-held dollars of Wachovia Bank and its drug money laundering profits is just the tip of the iceberg.

Just a casual search on the internet for Wells Fargo, and the moral and legal case against Wells Fargo is evident.

As a corporate giant that spends over $550 million annually on advertising, Wells Fargo Bank can buy the PR machine to appear to be a corporate friend for the community.

In addition to advertising, a few thousand dollars here and there in the community and its corporate citizenship buys off the very organizations that should be standing with their neighbors.

“In 2012, Wells Fargo invested $315.8 million in 19,500 nonprofits and schools nationwide, up 48 percent over 2011,” Wells Fargo reports.

In the city of my birth, where people from all over the world come and make millions from the people of San Francisco, where there is the weak talk of helping artists, Blacks and families stay in this City that is becoming only habitable for “the haves,” I reach out to you for your assistance.

Thanks in advance for specifically assisting me by contacting Wells Fargo Bank to stop my eviction that is imminent. I need your assistance today. Take a moment to pick up the phone and email. The case is in my birth name, Allen Stowers (not in my professional name).

This link includes others that are facing eviction this month. We all need your help.

Thank you for prayers and action.

Please call the following:

Wells Fargo officials

  • Tracy Curtis, San Francisco area president, curtist@wellsfargo.com, 415-623-7722
  • Brenda Wright, senior VP of community relations, 415-623-7738
  • Alfredo Pedroza, director of California local government relations, 415-396-0829
  • Ruben Pulido, communications staff, 415-852-1279
  • John Stumpf, CEO, 866-878-5865

Office of California Attorney General Kamala Harris, 800-952-5225

Robert Arthur Bailey, attorney for Wells Fargo, rbailey@afrct.com, 626-535-1900

California Monitor Professor Katherine Porter, camoniter@doj.ca.gov, 949-824-6683

Jacquie Taliaferro, San Francisco filmmaker and director of LaHitz Media, can be reached at lahitznews@yahoo.com or (415) 821-1111.

 

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6 thoughts on “David and Goliath fight: Taking on the largest US home lender, Wells Fargo

  1. Abu Rahim

    In addition to the little support I have to give, I must also add this statement, and its simply this: Yes, this is a David vs Goliath endeavor. But it’s a battle not born out of a vacuum. Both democrats and republicans (including Obama), have allow the tax system to grow into this giant multi-headed monster straight out of the book of revelation, and no one seem to speak about it nor able to challenge its power.
    Our banking system is the most evil and corrupted system outside of extreme Sharia law. We watched Obama bail out the auto and banking industry, and we continue to treat him as though he is the Messiah in the flesh. And then there is General Motors that grew into banking because it was a natural course for its corrupt capitalist development- not that am against capitalism. Am against greed and corruption. We should have never bailed out those banks which is directly tired to the auto industry which alone with the housing industry feeds the American economy. They are all connected to the oil industry which is the one and only energy supply we have on earth. What a beautiful yet fragile and corrupt system.
    The money changers have always invented a dire situation as a smoke screen to make the unwitting public believe this country could not survive the failure of our central banking system. Everything the banks have done since the conception and imposition of the Federal Reserve has been for effect, and a delusion for deceit, so the public can believe they are there for us. When in fact all they are doing is enriching themselves. Our central banking need to be thrown out and replace with true private banking with government regulations. Then and only then will we be able to save our assets.
    The Federal Reserve should not be in control of how we distribute our wealth. The Federal Reserve is nothing more than a collection of private banks conceived to deceive the American public out of their wealth and place it into the hands of all bank owners. That, of course, is a problem and duty for congress to resolve, but sadly to say, no demarcate is taking a stand against the Federal Reserve and our corrupt banking system. Instead, they stand before us like fools and speak on what they are doing to make our lives better if only the Republicans would work with them. What a sack of SH!$#. And we send them into office decade after decade and not bother to ask them what they are going to do about the banking system and not just talk about the Republicans.

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