Jobs with Justice Blog » michigan http://www.jwjblog.org Building a movement for workers' rights & economic justice. Thu, 29 Jul 2010 19:32:13 +0000 http://wordpress.org/?v=2.9.1 en hourly 1 Foreclosure Stopped! Belva Davis Will Stay in Her Home http://www.jwjblog.org/2009/11/foreclosure-stopped-belva-davis-will-stay-in-her-home/ http://www.jwjblog.org/2009/11/foreclosure-stopped-belva-davis-will-stay-in-her-home/#comments Wed, 04 Nov 2009 18:42:01 +0000 Allison Fletcher Acosta http://www.jwjblog.org/?p=906 Michigan Wells Fargo / Wachovia RallyUnder 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

Continue reading Foreclosure Stopped! Belva Davis Will Stay in Her Home

]]> http://www.jwjblog.org/2009/11/foreclosure-stopped-belva-davis-will-stay-in-her-home/feed/ 0 Michigan Activists Rally Against Wachovia /Wells Fargo Evictions http://www.jwjblog.org/2009/10/michigan-activists-rally-against-wachovia-wells-fargo-evictions/ http://www.jwjblog.org/2009/10/michigan-activists-rally-against-wachovia-wells-fargo-evictions/#comments Mon, 05 Oct 2009 15:44:18 +0000 Allison Fletcher Acosta http://www.jwjblog.org/?p=584 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?

Share/Bookmark]]> http://www.jwjblog.org/2009/10/michigan-activists-rally-against-wachovia-wells-fargo-evictions/feed/ 0