The past
week three flash demonstrations were carried out in an effort to keep the
pressure on Wells Fargo to make a deal to keep Cobb County resident Steve
Boudreaux in his home. So far, despite Steve’s willingness to negotiate a very reasonable
deal with Wells Fargo, the bank has been unwilling to budge. It seems they
would rather see another crime attracting, neighborhood devaluing, boarded up
home is his community.
After
battling unemployment and struggling to make payments on his mortgage,
Boudreaux applied for an emergency home loan modification to stay in his home
at a rate he could afford.
Boudreaux
said everything was all set to move forward until the IRS delayed in getting
tax transcripts to his bank.
Wells Fargo
pushed forward with a foreclosure sale, according to Boudreaux. The transcripts
were delivered the day after the foreclosure sale.
It’s time
the banks stop holding our communities and make an effort to work with home
owners to keep them in their home in these historic difficult times.
Next Tuesday
Occupy Our Homes ATL and the Cobb Coalition For Change will be hosting a
national call in day to Wells Fargo in an effort to pressure the bank to make a
deal.
Tim Franzen
American
Friend Service Committee
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