Under pressure from the community, Jobs with Justice, and other groups, Wells Fargo has agreed to terms that will allow Belva Davis to stay in her home.
Homeowner Belva Davis of Detroit’s East English Village fell behind on her mortgage while unemployed. Last December, Wells Fargo started to foreclose on Belva’s home.
Belva got a new job, and wanted to renegotiate terms and pay the mortgage. For months Wells Fargo refused to modify Belva’s loan, but they weren’t counting on the outpouring of support Belva got from her neighbors and allies throughout Detroit and across the country.
Belva’s struggle to stay in her home turned a corner after SE Michigan Jobs with Justice brought labor into the fight. On September 29, more than 50 people picketed the Wachovia/Wells Fargo branch office in Grosse Point Woods, MI to demand that Wells Fargo not evict Belva Davis and the thousands of homeowners like her who have fallen behind on their mortgages.
Immediately following the rally, the bank called Belva’s attorney, Jerry Goldberg, to begin negotiations to modify her loan, and Belva finally got a payment plan she can
On September 29, more than 50 people picketed the Wachovia/Wells Fargo branch office in Grosse Point Woods, MI. They rallied to demand that Wells Fargo not evict Belva Davis and the thousands of homeowners like her who have fallen behind on their mortgages.
Homeowner Belva Davis of Detroit’s East English Village fell behind on her mortgage while unemployed. She has a new job and wants to pay the mortgage, but Wells Fargo refuses to modify the loan.
Last year, bailout bandit Wells Fargo pocketed $25 billion in taxpayer money. Even after the government gave it another $2.8 billion to modify mortgages, Wells Fargo has restructured only 6% of its eligible loans, well below most banks (see http://www.makinghomeaffordable.gov/).
Wells Fargo spends millions lobbying against pro-citizen bills like the Employee Free Choice Act, the Foreclosure Prevention Act (S 2636), and House Bill 3609, which would allow judges to modify mortgages. Where is the bailout for Wells Fargo customers & their neighborhoods?
To say that the things that happened in Pittsburgh were, as President Obama said in the lead up to the G-20, “protests about abstractions [such] as global capitalism” and that those protests were “not really going to make much of a difference” would be missing the real story about what took place in Pittsburgh and where “the movement” is going.
The G-20 Brought People Together – Connecting Pittsburgh to the World
Jobs with Justice worked with local and national groups to plan three events as part of activities inserting “People’s Voices” into the discussion during the G-20. Our coalition’s work focused on ensuring that there were spaces for movement convergence that allowed local, national, and
Under pressure from the community, Jobs with Justice, and other groups, Wells Fargo has agreed to terms that will allow Belva Davis to stay in her home.
