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

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!