Citizen forecloses on Wells Fargo in Philidelphia

**SageTree** · 02-26-2011, 12:26 PM

Seems fair, that a man can fight the law and win now and again.

Philadelphia Man Forecloses On Wells Fargo

Quote:

A Philadelphia homeowner started foreclosure proceedings on a Wells Fargo mortgage office after winning a rather strange legal judgement against the bank.

After Patrick Rodgers got no reply to three letters asking why he was being forced to pay a home insurance premium for a $1 million house when he bought his 3-story Victorian home for $180,000, he decided to force his mortgage company to pay attention, ABC News reported.

According to the Philadelphia Inquirer, Rodgers discovered the Real Estate Settlement Procedures Act, which requires mortgage companies to acknowledge written requests within 20 business days or face penalties. He took Wells Fargo to court, winning a default judgement because the bank didn't show up in court.

Passed in 1974 to protect borrowers, RESPA stipulates a standard complain letter that can be sent to lenders. (For more information on RESPA, check out the U.S. Department of Housing and Urban Development's website here.)

Rodgers won a $1,173 judgment against the bank, and when they still failed to reply to his letters, he started foreclosure proceedings.

The contents of Wells Fargo Home Mortgage's offices at 1341 North Delaware Avenue are reportedly still scheduled for a March 4 sherif's sale.

The homeowner placed a sheriffs levy against Well's Fargo's local mortgage office, to cover the $1,173 judgment, plus tax. The bank paid up in January, but still had not responded to his letters, so he started a foreclosure sale on the Wells Fargo office.

The Rev · 02-26-2011, 01:20 PM

My hero!

The Rev

OldMan&TheWeed · 02-26-2011, 02:51 PM

I bet they'll pay attention now!

**SageTree** · 02-27-2011, 04:41 AM

It's cool to hear a new story that sets a bar set once in a while.

**mothernature** · 02-28-2011, 03:25 AM

I think they can afford the judgment. They got 25 billion in taxpayer money in the bailout.

**SageTree** · 02-28-2011, 06:59 AM

Adding fuel to precedents though is good in an industry that makes money this way.

**mothernature** · 02-28-2011, 02:42 PM

^
Yep.

Roach · 02-28-2011, 05:00 PM

Roach · 02-28-2011, 05:13 PM

one groups opinion of the future......

Roach · 02-28-2011, 05:38 PM

Quote:

Seems fair, that a man can use the law to win now and again.

corrected.

just means the law needs rewritten....no problem...happens all the time.
Probably working on reversing the law even as we speak.

Banks run the governments of most countries today, not the people .

BudSniffer · 02-28-2011, 06:43 PM

Quote:

Originally Posted by The Rev

My hero!

The Rev

Yes!!!

**SageTree** · 03-01-2011, 06:01 AM

YouTube - Dead Kennedys - I Fought the Law

02-26-2011, 01:20 PM	#2 (permalink)
The Rev Clear Light Join Date: Oct 2002 Location: In my head, somewhere. Posts: 17,867 Thanks: 5,019 Thanked 5,421 Times in 2,865 Posts	My hero! The Rev __________________ Budforce - My Friend August 29, 1973- May 25, 2012

02-26-2011, 02:51 PM	#3 (permalink)
OldMan&TheWeed been there done that Join Date: May 2006 Location: The West Posts: 2,281 Thanks: 294 Thanked 800 Times in 406 Posts	I bet they'll pay attention now! __________________ Nintey-three percent of what I say is brilliant, factual information and seven percent is complete bullshit. Have fun deciding which is which.

02-27-2011, 04:41 AM	#4 (permalink)
SageTree ~Kalyāṇa-mitrā~ Join Date: Sep 2000 Location: In Love Posts: 23,414 Blog Entries: 26 Thanks: 13,070 Thanked 6,769 Times in 4,664 Posts	It's cool to hear a new story that sets a bar set once in a while. __________________ "What's oppressive is letting your life be confined by old definitions of what everything is." -Zen Meister my_scatterheart YaHooka is.... Cannabis lovers from around the world pulling up a comfy chair, picking up a vaporizer, a bong, a brownie, a pipe, or a joint, getting high, stoned, buzzed or healthy. Uniting our minds in conversation...While Portraying a Positive Image of marijuana and marijuana users to the world. Treat your fellow YaHookans with kindness,respect and tolerance.

02-28-2011, 06:59 AM	#6 (permalink)
SageTree ~Kalyāṇa-mitrā~ Join Date: Sep 2000 Location: In Love Posts: 23,414 Blog Entries: 26 Thanks: 13,070 Thanked 6,769 Times in 4,664 Posts	Adding fuel to precedents though is good in an industry that makes money this way. __________________ "What's oppressive is letting your life be confined by old definitions of what everything is." -Zen Meister my_scatterheart YaHooka is.... Cannabis lovers from around the world pulling up a comfy chair, picking up a vaporizer, a bong, a brownie, a pipe, or a joint, getting high, stoned, buzzed or healthy. Uniting our minds in conversation...While Portraying a Positive Image of marijuana and marijuana users to the world. Treat your fellow YaHookans with kindness,respect and tolerance.

02-28-2011, 05:00 PM	#8 (permalink)
Roach Victoria Aut Mors Join Date: Dec 1999 Posts: 7,184 Thanks: 2,372 Thanked 1,987 Times in 1,509 Posts	__________________ לזיין את הקופים

02-28-2011, 03:25 AM	#5 (permalink)
mothernature ancientbongmaster Join Date: Dec 2008 Location: Kentucky Posts: 1,232 Thanks: 1,201 Thanked 809 Times in 487 Posts	I think they can afford the judgment. They got 25 billion in taxpayer money in the bailout.

02-28-2011, 02:42 PM	#7 (permalink)
mothernature ancientbongmaster Join Date: Dec 2008 Location: Kentucky Posts: 1,232 Thanks: 1,201 Thanked 809 Times in 487 Posts	^ Yep.

02-28-2011, 05:13 PM	#9 (permalink)
Roach Victoria Aut Mors Join Date: Dec 1999 Posts: 7,184 Thanks: 2,372 Thanked 1,987 Times in 1,509 Posts	one groups opinion of the future...... __________________ לזיין את הקופים

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