ALERT: Eviction Witness for Larry Faulks – Protest DMG Asset Management and Wells Fargo!

Update as of 12:10pm on November 14, 2012: Larry Faulks’ eviction postponed by two weeks until Wednesday, November 28. Please mark your calendar in case DMG and Wells haven’t come to their senses! Keep those calls to DMG coming (see numbers below).


Investment firm DMG Asset Management plans to evict disabled African-American senior Larry Faulks today even after they agreed to postpone the eviction to work with him and his family on negotiations with Wells Fargo.

Larry Faulks and his brother — both disabled — as well as their renter want to stay in the home their parents purchased in 1962.

DMG plans to evict Larry at 1:00pm today, Wednesday, November 14.

Please take action to help the Faulks family–

  1. Please come to this action–

    What: Eviction Witness Action
    When: 12:30pm, Wednesday, November 14
    Where: Larry Faulks’ home at 25 Cameo Way, San Francisco (Diamond Heights neighborhood)

  2. Call DMG management, their real estate agent, and their attorney with the following message:

    • Daniel Woo, +1 415-706-6170
    • Angela Woo Lee, +1 415-420-8881
    • Gilbert Chung, +1 916-947-8625
    • Marcus Lee, +1 415-999-2022 (real estate agent)
    • Jak Marquez, +1 415-495-8500 x12 (attorney)

     
    Sample message:

    Please stop the eviction of Larry Faulks and his brother — both disabled — as well as their renter. The Faulks family has lived in the family home at 25 Cameo Way in San Francisco for 50 years. Wells Fargo promised in writing not to foreclose on the Faulks during the modification process, but instead sold the property to you. DMG agreed to postpone the eviction to work out a plan to sell the property back to Wells Fargo at the price you paid, so that Wells Fargo can offer the Faulks family a loan modification to remain in their home.

    Please don’t put disabled African-American seniors out onto the streets.

For updates and this action alert: http://occupytheauctions.org/wordpress/?p=5948

Links: Larry Faulks Profile    DMG Asset Management Profile    Occupy DMG Home Action    Occupy Wells Fargo Noe Branch    Bay Area Reporter Coverage    Occupy Wells Fargo HQ    Occupy Senior and Veteran Evictions and Foreclosures (Occupy Anniversary)

Occupy Wells Fargo to Save the Faulks Home

Supporters of Foreclosure and Eviction Fighter Larry Faulks gathered at the Wells Fargo branch in the Noe Valley neighborhood of San Francisco to demand that Wells Fargo rescind the sale of the Faulks home to DMG Asset Management and offer Larry a fair deal loan modification. Larry and his brother are elderly and disabled and don’t deserve to be thrown to the curb after Wells Fargo illegally sold their home at auction while negotiating a loan modification with them (a practice called “dual tracking”).

The group gathering hundreds of signatures to present to Wells Fargo Community Relations Director Brenda Wright and Wells Fargo CEO John Stumpf.

Susan McDonough of Occupy Noe explains the situation with Wells Fargo, DMG Asset Management, and the Faulks family. She invites supporters to join an action at an open house of Climb Real Estate, the company that flips the homes DMG Asset Management evicts families like the Faulks family from. The protest will take place 12:00pm to 3:00pm on Sunday, October 28, at 1272 Rhode Island Street on Potrero Hill in San Francisco.

Larry Faulks talks about his situation and expresses his thanks to supporters.

The action was organized by Occupy Noe, Occupy Bernal, and the Alliance of Californians for Community Empowerment (ACCE) with participation from the Occupy Direct Action Workgroup (DAWG) and Community Not Commodity.

Links: Bay Area Reporter coverage

ALERT: Wells Fargo: Don’t Throw Seniors or Disabled Folks Onto the Street

Update as of October 27, 2012: Check out the description, video, and photos of the Wells Fargo protest at http://occupynoe.org/wordpress/?p=45


JOIN US TO Demand Wells Fargo Stop the Eviction of the Faulks Family–

Take action:

1) Call Wells Fargo Bank:

* John Stumpf, CEO, +1 415-396-7018

* Brenda Wright, Community Relations Manager, +1 415-623-7738

Wells Fargo illegally sold Larry Faulks’ house without notifying him. Demand that Wells buy the house back from DMG investors and work out a fair loan modification to keep Larry and his brother in their family home. Don’t put disabled or seniors out on the street.

2) Protest:

When: 11:00am TO 3:00pm, Saturday, October 27

Where: Noe Valley Wells Fargo Branch, 4045 24th Street (cross street Castro), San Francisco

What: Demand Wells Fargo’s immediately rescind sale and negotiate an affordable mortgage that allows the Faulks to stay in their family home.

Background:

Larry Faulks’ parents were the first African Americans allowed to buy a home in the Diamond Heights neighborhood of San Francisco. They purchased the house 50 years ago in 1962. Larry was gainfully employed as a tech writer when he had a medical problem that resulted in a failed surgery and permanent disability. Now, Larry and his brother – both disabled – face eviction October 31.

Larry was negotiating a loan modification with Wells Fargo Bank which promised him repeatedly that they would not sell the house. But they did – it’s called Dual Tracking – a practice that has been determined illegal. And Wells Fargo didn’t bother to tell Larry they had done this; he found out from a realtor. On May 17, Larry and his brother learned that their house had been sold without their knowledge.

Wells Fargo sold the house to a company called DMG Asset Management, which has been buying homes in foreclosure in San Francisco. Wells Fargo must buy the house back from DMG, and give Larry and his brother a fair loan modification that allows them to continue to live in their family home and leaves them sufficient income for life’s necessities in their senior years.

Sponsored by Occupy Noe, ACCE, Occupy Bernal.

For more info and updates:

EVICTION ALERT: Stop the Eviction of Kathryn Galves, Her Sister, and Their Dog

Update as of March 30: Please come shop for some great bargains the Last Chance Sale of Kathryn’s belongings from 9:00am to 6:00pm on Saturday, April 7, at 1164 Church Street in San Francisco. All proceeds will go to Kathryn’s moving expenses, storage, and rent and deposit for her, her sister, and their dog’s new home once we locate one. Kathryn and her sister are sorting through their belongings to get everything packed up before the deadline for the Wells Fargo settlement. We are asking folks who want to sign up for a shift helping with sorting, cleaning, moving trash and recycling, and assisting with a Last Chance sale of her possessions to contact communications@occupytheauctions.org.

Here are the latest pictures:





Update as of March 28: Kathryn accepted Wells Fargo’s offer of $7,500 to leave the property prior to eviction by the Sheriff, have all of her belongings moved out within 15 days, and not to sue Wells Fargo. She, her sister, and their dog are now staying at the home of a Foreclosure and Eviction Fighter. They are still looking for affordable housing and assistance with moving their belongings. If you can help, please call Renita at 415-618-9172.





Update: Kathryn’s eviction was postponed to Wednesday, March 28, 2012. Although Occupy SF Housing was able to obtain a week’s eviction delay and is helping Kathryn negotiate some kind of settlement from Wells Fargo, she has made the difficult decision of trying to move out prior to being evicted.

Request for Assistance:
Do you know of a place with an accessible kitchen where an elderly Noe Valley resident, her step-sister, and their dog could stay temporarily when they are evicted tomorrow morning (Wednesday) by 9:14am? Some rent money is available.

If you know of a place, please contact Kathryn’s step-sister Renita right away at 415-618-9172.

Also, if you are willing to help move Kathryn and Renita’s belonging from their home to a storage location (or know of a moving truck or storage location we could use), please contact Renita at 415-618-9172.


Please respond to this urgent action alert to stop the eviction of Foreclosure and Eviction Fighter Kathryn Galves, her sister, and their dog on this Wednesday, March 21, 2012.

Links: Take Action    Shift Signup    Background    Protest

NOTE: Please check here for updates… if you sign up, we’ll email you and/or call you if/when the eviction is postponed.


Take Action

Please take the following actions:

  1. Contact the lender Wells Fargo to request:
     
    “Subject: URGENT: Postpone Eviction of Kathryn Galves, 1164 Church St, San Francisco, Loan #0044722973″
     
    “Please immediately direct the San Francisco Sheriff to postpone the eviction scheduled for Kathryn Galves and family at 1164 Church Street in San Francisco. Kathryn has Wells Fargo mortgage loan #0044722973 and has found a cooperative buyer for the property who is willing to retain her and her sister as tenants. Please set up a meeting right away with the Wells representative empowered to negotiate a sale of the home, Kathryn, and the prospective buyer.”

  2. Sign up below for a shift of eviction defense on Wednesday at the home of Kathryn Galves at 1164 Church St. near 24th St. in San Francisco.
     
  3. Join and invite your friends to the Facebook event for this eviction defense.
     
  4. Join and invite your friends to the Occupy Wells Fargo Noe Valley Protest from 9:00am to 6:00pm on Saturday, March, 24. Download and distribute Protest Flyer.


Shift Signup


Background Information

Kathryn Galves purchased her lovely home at 1164 Church Street in 1972 and the home increased in value considerably over the years. She is a military widow who banked on the increased value of her property to invest in an out-of-state property with a Section 8 (affordable public housing) tenant. The investment did not go well and she lost more to book sales customers who didn’t pay for their orders. Kathryn lives on a fixed annuity income and her live-in sister earns a meager living as a caretaker. When her financial situation went sour, Kathryn filed a Chapter 13 bankruptcy, but Wells Fargo Bank successfully challenged the bankruptcy, then foreclosed on her home and it went to foreclosure auction. No one bid for the property at auction, so it became “bank-owned”, that is, owned by Wells Fargo. Wells Fargo has filed for the San Francisco Sheriff to evict Kathryn, her sister, and their dog from her home of 40 years. Kathryn has found a long-term neighbor who is willing to purchase her home and let her, her sister, and their dog remain in the home. Despite many requests by Kathryn and the prospective buyer, Wells Fargo has refused to come to the bargaining table regarding selling the home.

Kathryn Galves and Supporters Occupy Wells Fargo Noe Valley to Stop Eviction

Dozens of supporters of Kathyrn Galves occupied the Wells Fargo Noe Valley bank branch on 24th Street between Castro and Noe Streets from before 9:00am until 6:00pm today (March 24, 2012).

Hundreds of passersby signed petitions calling for Wells Fargo to delay the eviction schedule for March 28 and come to the negotiating table for Kathryn’s neighbor to buy the home and rent it back to her, her sister, and their dog. Hundreds also signed a petition to Supervisor Scott Wiener asking him to support the foreclosure moratorium resolution introduced to the Board of Supervisors by Supervisor John Avalos at their meeting on March 20. Six Supervisors already support the resolution which is scheduled for discussion at a foreclosures hearing in the Land Use Committee at around 1:30 or 2:00pm on April 2.

Links: Action Alert    Protest Photos and Videos


Protest Photos and Videos


Thanks to Peter for this video!

Occupy Wells Fargo Noe Valley Action to Protest Kathryn Galves Eviction

Please join us from 9:00am to 6:00pm tomorrow, Saturday, March 24, at the Wells Fargo Noe Valley branch at 4045 24th Street between Castro & Noe Streets.

We will be protesting Wells Fargo Bank’s pending eviction of Kathryn Galves, her sister, and their dog, scheduled for this Wednesday, March 28.

To call/email Wells Fargo to get them to the bargaining table, please go to the action alert accompanying this action.

This action brought to you by Occupy SF Housing Coalition and Occupy Bernal.

Background Information

Kathryn Galves purchased her lovely home at 1164 Church Street in 1972 and the home increased in value considerably over the years. She is a military widow who banked on the increased value of her property to invest in an out-of-state property with a Section 8 (affordable public housing) tenant. The investment did not go well and she lost more to book sales customers who didn’t pay for their orders. Kathryn lives on a fixed annuity income and her live-in sister earns a meager living as a caretaker. When her financial situation went sour, Kathryn filed a Chapter 13 bankruptcy, but Wells Fargo Bank successfully challenged the bankruptcy, then foreclosed on her home and it went to foreclosure auction.

No one bid for the property at auction, so it became “bank-owned”, that is, owned by Wells Fargo. Wells Fargo has filed for the San Francisco Sheriff to evict Kathryn, her sister, and their dog from her home of 40 years. Kathryn has found a long-term neighbor who is willing to purchase her home and let her, her sister, and their dog remain in the home. Despite many requests by Kathryn and the prospective buyer, Wells Fargo has refused to come to the bargaining table regarding selling the home.