Posts Tagged ‘homeowner bill of rights’
Homeowners confront Wells Fargo over foreclosures
Since California’s Homeowner Bill of Rights, a new law limiting the power of banks to foreclose, came into effect on January 1, homeowners in Richmond and Oakland have taken a more proactive stance in resisting foreclosures, protesting inside banking halls at Wells Fargo’s braches across the East Bay and forcing the bank to reschedule home sales.
Read MoreBacked by new law, homeowners in Richmond, Oakland, fight to protect homes from foreclosure
When Oakland resident Debi Mason set out to prevent mortgage associates from the Bank of America from foreclosing on her sister Patricia’s Maxwell Park home in 2007, she had only a few friends, neighbors and advocacy groups to help fend off the foreclosure. But last week, Mason, along with thousands of homeowners in Bay Area…
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