A guilty conscience is a funny thing. An elderly man recently left an envelope with $100 in it on a Sears service counter in Seattle, with a note that said he’d stolen money from a Sears store in the late 1940s.
Wells Fargo had a nice phone call this afternoon with the Goth homeowner who “foreclosed” on one of their local branches. “The sheriff’s sale will not be happening,” the Wells Fargo spokesperson told me with a laugh. “We are working with him towards a resolution that works for everyone.” She acknowledged that it should have never gotten to this point. “We should have called him before this.” UPDATE: Here’s what homeowner Patrick said of the conversation:
Wells Fargo is meeting today at noon with the Philadelphia homeowner who “foreclosed” on them, The Consumerist has exclusively learned. Patrick says he “received a call from upon high” late yesterday and that he now has an appointment, “with a very senior Wells Fargo person.” It will be interesting to see how this plays out. But how did Patrick go from embattled and ignored homeowner to seated across the negotiating table with leverage? I spoke with him to find out more about both how and why he did what he did. His story is an inspiration to anyone who’s dreamed of going toe-to-toe with the big banks and winning. Turns out that armed with persistence, and a little legal know-how, Davids can take down Goliaths.
Frustrated with Wells Fargo Home Mortgage, a Philadelphia homeowner took the bank to court under the Real Estate Settlement Procedures Act and won a $1,000 default judgment because it wouldn’t answer his formal questions about a dispute. The bank blew him off, so the man got the sheriff to schedule a sale of contents of a Wells Fargo Home Mortgage location to pay for the judgment and $200 in court and sheriff’s fees.