a letter to the chronicle
Posted by admin on November 16th, 2009
- I recently heard that a 60+ year old gentleman will shoot himself the day they take his house (which he has lived in for 37 years; he does own a gun). His home is in in foreclosure under questionable circumstances. A feisty Marin group got the issue into Federal Court and all is hanging by a thread.
- Warren Buffett, in discussing the mortgage crises during a recent interview said, “This is war.”
- This site — FacesOfForeclosure.com — is the fastest growing website I’ve built in 20+ years of building websites.
You hired Randy Shilts to cover gays a couple of decades ago when that was a hot topic.
Millions of hard-working people are being displaced . . . the very people who were your subscribers through the decades.
What about hiring or consulting with someone who has been in the midst of the mortgage mess?
Covering this from reality, instead of inane quotes from self-interested lenders, could increase your readership. Type in “Wells Fargo Mortgage complaints.” Result: 33,800 items; Type in “Bank of America Mortgage complaints.” THREE. Yes. THREE.
Of course, you COULD just be practical and focus on that bottom line since many of us WILL lose our homes. Perhaps Tom Stienstra could do a story on just what gear you will need to live under one of the Bay Area’s freeways. Advertisers: REI, LL Bean, North Face, Kaplan’s (are they still around?)
I’ve nothing better to do until Wells Fargo decides whether or not I have a home. As we are more than 330 days into that, I’m avoiding holding my breath. I have been trying for a remod since December 2008 with that lender. The word “inept” is paramount, immediately followed by “white collar crooks.”
Wells Fargo’s definition of “helping,” must mean “corresponding without resolution.” Wells Fargo’s new campaign: “We are here for you.” Really? Define “here.”
I have five typed pages, single spaced, 12 pt. Calibri of who said what to whom on what date. Haven’t yet talked with the same person twice. One week a letter arrives indicating “we can help,” followed a couple weeks later by a request for more paperwork (’cause they lost earlier submissions), followed by a rep saying “Uh, well, no, the note holders do not want to negotiate” followed by a letter or call that indicates they are “considering my request.” Initially I deemed Wells execs crooked. Now I think they are staggeringly inept on top of being larcenous. There is no indication that Wells knows what they are doing. And they sure as hell are “not here for you” or me or anyone. I’m trying to not “hate” them because it is such a negative emotion and causes “dis-ease.” However, I think I am losing that battle.
Check www.MarinFamilyAction.com. They just might feret out Marin’s white collar thieves in this mortgage mess and have just filed a report with the District Attorney on one questionable group. “Insider trading” seems to have a lot as to who gets what.
Want a duplex in Tiburon worth about $2.5 million for less than $1 million? Might be on the market soon due to lies and subterfuge. I’m serious. This all sounds nuts. Actually, it is nuts. But it is also true.
Hello to everybody. I miss The Chronicle every day and hope you are all well.
Oh, one more thing . . . this from the National Association of Realtors to Realtors:
“You help to stabilize the community, and without homeownership, there can be no stability in communities,” Stevens said. “Together, we must never let overexuberance overtake the housing market again, and interrupt the housing market and the lives of untold millions of Americans. Our goal must be nothing less than to craft a solid, sustainable housing market, a market with a secure foundation for the future.”
Is this before or after writing off the current millions of men, women, children, dogs, cats, etc. who are about to lose their homes? Just asking.
Tags: accurate news story, foreclosure, news story, Wells Fargo
