[GPSCC-chat] Homeowner foreclosed on Wells Fargo

[Gerry Gras]

That's a great story!!!

I am going to forward it.

Thanks,

Gerry


Spencer Graves wrote:
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>
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> Man bites dog story: Wells Fargo tried to force a Philadelphia homeowner
> to carry $1M in insurance to cover the replacement value of the home,
> not merely the balance remaining on his loan. He could make the basic
> loan payments, but didn't believe he should have to buy this extra
> insurance. After Wills Fargo failed to respond to numerous requests for
> a meeting, etc., a Philadelphia homeowner first collected $1,173 from a
> Small Claims Court judgment. When Wells Fargo failed to comply with
> other parts of the judgment, he got a Writ of Execution to foreclose on
> a local Wells Fargo branch office to cover what Wells Fargo had not paid
> him.
> (http://consumerist.com/2011/02/how-this-philly-homeowner-foreclosed-on-wells-fargo.html)
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>
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> Enjoy,
> Spencer
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>