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Monica Kenney's eviction from her home was stopped #occupysf #ows #foreclosure
Image by Steve Rhodes
Fannie Mae called the sheriff & postponed the eviction for 2 weeks & transferred her case from their eviction desk to the investigations desk while they work with Wells Fargo
She thanked her neighbors, ACCE, and Occupy SF
From the press release for the action
concerned residents will gather at the home of Monica Kenney at 180 Vienna St. at 6:00am Wednesday morning to demand that Fannie Mae rescind the sale of her home to Wells Fargo and that Wells Fargo work with her to stay in her home.
Monica, ACCE members and other community members are demanding a stop to this eviction but are also calling on elected officials to pause all foreclosure and eviction activity until the report by Assessor Phil Ting is further investigated and multi-state settlement by the Attorneys General is implemented.
“Owning a home in San Francisco was the realization of a dream for me,” states Monica Kenney. “This dream has become a nightmare because of the fraudulent and unjust actions of Wells Fargo. I am standing with my neighbors, to demand fair and equitable business practices from this bank and Fannie Mae. What Wells Fargo has done to me and to so many families, as is evident in Phil Ting's report, warrants a bigger investigation and a halt to ALL foreclosure and eviction activities.”
Like many Americans during the economic recession, Monica lost her job in 2010. She reached out to Wells Fargo (her lender) to seek a modification or assistance. In June of 2011 they offered her a forbearance agreement to reduce her monthly mortgage for 12 months while she continued seeking employment. She received the offer letter on June 27, and made her first monthly payment that day.
The following day, June 28, Wells Fargo sold Monica’s home at public auction to Fannie Mae.
She was scheduled for eviction today
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Image by Shawn B Smith
Where are the trends heading into 2015.
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