A COOL foreclosure story

[markem]

Wells Fargo is meeting today at noon with the Philadelphia homeowner who "foreclosed" on them (http://consumerist.com/2011/02/philly-homeowner-declares-hes-foreclosed-on-wells-fargo.html), 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.

[the story is a great read, go here: http://consumerist.com/2011/02/how-this-philly-homeowner-foreclosed-on-wells-fargo.html

[Blueface]

Mark, link does not work.

[bvilchez]

Mark, link does not work.

Use the first one Carlos. The second one gives you 404.

Good story. I would've pushed for them to pay the difference in the premium if they value that high.

[Blueface]

Use the first one Carlos. The second one gives you 404.

Good story. I would've pushed for them to pay the difference in the premium if they value that high.

Thanks. Missed that one.

[yourchoice]

Here's more on the story. I believe this is the article in the Philadelphia Inquirer...but I'm not 100% sure.

http://www.philly.com/philly/business/116213229.html

[pnoon]

Mark, link does not work.

Fixed it.

[longknocker]

Great Story, Mark!:tu

[CigarNut]

What a great story for a Friday afternoon! Thanks for sharing Mark!

[shilala]

Nice. :tu

[DMK]

I hope he gets his last $50.00 and solution on the premiums....:sl

[jimdandy]

Great story. I can't stand WF, perhaps there needs to be a little more :sl FROM the little guys.