Parks Family still fighting to save their home: June 8, 4:30 until 5:30pm

[annm4peace]

Fighting against broken promises…

Save the Parks Family Home!



On Tuesday, June 8, from 4:30 until 5:30, community members will gather at the home of Leslie Parks, 3749 Park Avenue in south Minneapolis, to re-launch a public pressure/call-in campaign to save the Parks family’s home. The target of the calls will be officials of IndyMac/OneWest banks.



In November and December of 2009, our campaign was successful in keeping Leslie Parks in the home that has been in the Parks family for 20 years. IndyMac/OneWest promised to rescind the sheriff’s sale and to stop any eviction proceedings. This allowed the Parks family to start negotiations with IndyMac/OneWest to get their house back. Now, six months later, IndyMac/OneWest has NOT rescinded the sheriff’s sale.



“When the spotlight was on the bank, they acted like they were going to do the right thing. But once they were behind closed doors, they were back to their old ways,” said Deb Konechne, of the Minnesota Coalition for a People’s Bailout. The Minnesota Coalition for a People’s Bailout is coalition of twin-cities groups that came together to fight for people’s needs during this time of economic crisis.



Here are the demands that will be put forth in the call-in campaign:



1. IndyMac/OneWest: Keep your promise! Rescind the foreclosure and sheriff’s sale!

Even though IndyMac/OneWest stated in a letter dated Nov. 25, 2009, “…we have started the process of rescinding the Trusteed Sale…” they still have not done so!

Tell them to rescind the sheriff’s sale and give Tecora Parks the title to her home!



2. IndyMac/OneWest: Give the Parks family an affordable loan modification!

The bank is trying to force the Parks to scramble for outside financing. This is wrong. IndyMac/OneWest was complicit in the fraudulent/scam ARM mortgage; they should be the ones to make it right to the Parks family.

The Parks need a 30-year fixed rate mortgage at an affordable rate, based on the home’s current value.



Background info:

Leslie Parks lives in south Minneapolis. Her family has owned the building for over 20 years. Because of needing to pay for city-ordered storm windows, the Parks family was swindled into getting an ARM (adjustable rate mortgage). The man from Allied Mortgage who sold the scam ARM lied and insisted it was a conventional loan. The Parks had perfect credit and qualified for a conventional loan hands down. But they were lied to, got swindled into an ARM (that particular kind of ARM is now illegal), and after months of trying to keep up, both Leslie and her mother lost their good credit and went into foreclosure.



“The banks messed up the system so bad and we the taxpayers bailed the banks out, with an expectation that the banks would help save people’s homes. They took our money but refuse to modify people’s loans so we can stay in our homes and save our communities,” says Leslie Parks.



Contacts: Linden Gawboy, MN Coalition for a People’s Bailout 612-296-5649, Lynette Malles, Poor People’s Economic Human Rights Campaign, 651-497-4644

[annm4peace]

1. How to fight back against your Indymac foreclosure

there were many unethical "brokers" who did loans that were sold to IndyMac.
OneWest bank took over IndyMac knowing they help these unsavory loans.


http://www.ehow.com/how_5792370_fight-back-against-indymac-foreclosure.html

Have you been trying to get Indymac now One West bank to modify your mortgage? Have you been in contact with them asking them to help you keep your home only to get a cold shoulder? The truth is that Indymac/ One West bank has NO intentions on helping homeowners keep their home. In fact they would rather foreclose since they will profit more in the end. Here are some steps you can take to fight back against this ruthless bank.

1.
Step 1

The first thing that you must do to fight your Indymac foreclosure is file an answer to your complaint. If you are in foreclosure than you have received an initial complaint for foreclosure from the Attorney that is representing the bank. You must file an answer to this complaint within 30 day after receiving the complaint.

In your answer demand that Indymac/ One West produce your original note. Indymac has been through hell and back over the past year and chances of your note being lost in the shuffle are very good. If the bank cannot produce your original not they CANNOT foreclose on your property.
For more information on "Make them produce the note" check out the resource section below.
2.
Step 2

To be most effective in your foreclosure battle against Indymac bank you must educate yourself as to why this bank is not granting loan modifications to homeowners. This information is bound to make you angry as a homeowner and give you more power in your battle for your home. Please visit The Home Owner Revolution website located in the resource section below to gain all of the knowledge and resources that you need to fight back. Remember knowledge is power!
3.
Step 3

Now you need to make some noise about your foreclosure!!! Mail a letter to all of your elected officials describing your situation and your new found information regarding Indymac bank. Tell them that you are upset and demand that they do something. You can get a sample letter at the resource page in the resource section below. Remember to send a copy of your foreclosure story and what you have done thus far to get Indymac to help you in your foreclosure situation.

I suggest that you call your officials about a week after you send them the information to see what they are going to do to help you. Remember the squeaky wheel gets the oil. So keep SQUEAKING!!!
4.
Step 4

The last thing that you should do to fight your Indymac foreclosure is join with other homeowners that are going through the same process with Indymac bank. There are many Indymac forums on the web but I have included one in the resource section below. This forum is part of The Home Owner Revolution and will also keep you up to date on current news relating to Indymac/ One West bank.

[annm4peace]

2. We have previously advised of the arrogance of IndyMac Bank,

http://4closurefraud.org/2010/02/25/banks-continue-to-ignore-court-orders-bank-of-america-threatens-foreclosure-sale-in-violation-of-preliminary-injunction/


Jeff Barnes, Esq., www.ForeclosureDefenseNationwide.com

February 24, 2010

We have previously advised of the arrogance of IndyMac Bank, who continued to take action to sell a borrower’s home notwithstanding the issuance of a Preliminary Injunction prohibiting such activities by IndyMac and any agent thereof. Despite the issuance of the Injunction, IndyMac had persons enter onto the borrower’s property and place “For Sale” signs on the front lawn. When the borrower confronted these individuals and showed them a copy of the Injunction, the response was “We don’t give a f–k about lawyers, we have plenty of lawyers”. IndyMac only ceased its activities upon being threatened with contempt and sanctions by the borrower’s attorney with notice to the court.

This arrogance has now apparently been adopted by Bank of America Home Loans. On February 8, 2010, an Oregon Court entered a Preliminary Injunction on the Motion and filings of FDN attorneys Jeff Barnes, Esq. and local Oregon cousnel Philip Anderson, Esq. which prohibited Bank of America Home Loans, MERS, and ReconTrust from selling, transferring, eucumbering, or conveying title to the borrower’s property without further Order of the Court, with the injunction remaining in place pending the disposition of the issues raised by the borrower in the Complaint. Despite the entry of this Injunction, Bank of America Home Loans issued a letter to the borrower two weeks later, on February 22, 2010, threatening a foreclosure sale on February 26, 2010, without even acknowledging the issuance of the Injunction. Bank of America has been notified that its threat constitutes a per se violation of the Injunction, and if Bank of America, ReconTrust, or any other party proceeds with any foreclosure activity that the borrower will advise the court and seek a finding of contempt and the imposition of sanctions, and that any such sale would be vacated as a matter of law.

All of this goes to prove several things: that the “lenders” and their agents have absolutely no respect for the Courts; no respect for Court Orders; will do whatever they please unless their feet are held to the fire; and have to be watched like a hawk with eyes in the front, sides, and back of your head. We hope that all counsel defending foreclosures will do so.

[CubFan7125]

3. Your Consistent

I have to give you credit, you are nothing if not consistent. Once again you present 1/2 the facts in an effort to evoke sympathy. I have a few questions to ask about this situation.

1) What lawyer represented them at the refinancing? This one does not need answering. It already has been. They tried to save a couple of bucks and went at it themselves. Look how well that worked out.

2) Who takes out a 20 year loan to replace storm windows? Something does not add up there. Is there a chance they used there house as an ATM machine. I do not know the answer but it is fairly obvious they did not use all that money on storm windows.

3) What have they done since November to bring their mortgage current? I mean besides blaming everyone else for their problems. In the past 7 months have they even attempted to get the money or have they just demanded the bank fix the bad contract they signed.

I don't actually expect you to answer these questions, you usually don't when challenged. I do feel bad for the Parks family, nobody should be in this position. It is important to remember that despite the fact the banks have acted deplorably the home owners are not without blame either.

[Coleen Rowley]

4. Yes, blame to go around, but...

As with so many of the scandals and tragic disasters (like even the BP oil spill), there IS plenty of blame to go around. And ultimately, it's possible to look at our entire society and say we are all complicit at some level in going along with the corrupt and/or faulty systems that lead to these problems.

The mortgage frauds seem to have depended upon both duping people into taking out mortgages or home improvement loans that they could not really afford but of course we all know how the (easy) credit entices people. The loans also made the mortgage company executives fabulously wealthy. I know a former mortgage company executive who got wealthy that way and lives in 6 or 7 fireplace mansion on a lake. The mortgage exec now blames the poor people for taking out home loans and puts the blame for the recession on others.

Another problem in situations of widespread failures and wrongdoing is that if the blame is made to appear too diffuse, there's no impetus for activism to address it. That's the rationale I'm hearing for not protesting BP or holding BP accountable for its spills. I'm hearing people excuse their own lack of activism by saying, all the oil companies do it. And since we're all to blame for our dependence on fossil fuels, don't pick on poor BP. The idea that there is widespread complicity is also the reason that Nancy Pelosi and other Democratic leaders are not for investigating Bush-Cheney's use of waterboarding and other torture tactics. Because some of them were at least partially briefed when Bush started torturing, they don't want their own (far less culpability) examined.

[Randomthought]

5. I respect you a great deal

but.... widespread complicity? Signing a contract without an attorney is not widespread complicity it's stupid.
Going limp when you can't make the payments is stupid.

My SO and I are a year away from losing our house if he doesn't find a job. We are not going limp and waiting for it to happen. As well as spending 60 hours a week looking for a job he and I are spending our weekends decluttering, painting fixing and cleaning in preparation for trying to sell our house if the need arises. We don't think anyone is going to rescue us if we don't make our mortgage payment