Tag: Wells Fargo CEO John Stumpf

Says Archbishop King: “I’m more concerned about my neighbor or his grandmother who labored in the shipyard to get these houses – living clean, doing right and being honest, hardworking people on the principles they brought from the South. ... Thousands of people were illegally foreclosed and evicted from their homes by a bank that had no authority or right to do that." Sign the Change.org petition to save Archbishop King's home.

Supervisor John Avalos is calling for suspension of foreclosure activities in San Francisco. Rally to support Avalos’ resolution Tuesday, March 20, 12 noon, on the City Hall steps, Van Ness side, where foreclosure sales are held. “We have to do everything in our power to stop any more foreclosure fast-tracking,” he said.

When Tanya Dennis, an Oakland public school teacher and reporter for the Post newspaper, reclaimed her home last year, she eventually received a fair modification from Wells Fargo Bank. However, at that time, Tanya acknowledged that her fight with Wells Fargo was only half over as she turned her attention to saving her 91-year-old mother’s home also.

At his ground-breaking Feb. 15, 2012, press conference, San Francisco Assessor-Recorder Phil Ting announced “the first audit of foreclosure records in the state of California.” This nationally publicized report revealed that laws were not followed and that the neighborhood hit the hardest was “the Southeast part of town, which is very diverse, probably the lowest income area of San Francisco.”