A COOL foreclosure story

markem · 02-18-2011, 05:09 PM

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.

[the story is a great read, go here: http://consumerist.com/2011/02/how-t...lls-fargo.html

Blueface · 02-18-2011, 05:36 PM

Mark, link does not work.

bvilchez · 02-18-2011, 05:39 PM

Quote:

Originally Posted by Blueface

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 · 02-18-2011, 05:46 PM

Quote:

Originally Posted by bvilchez

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 · 02-18-2011, 05:46 PM

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 · 02-18-2011, 05:56 PM

Quote:

Originally Posted by Blueface

Mark, link does not work.

Fixed it.

longknocker · 02-18-2011, 06:10 PM

Great Story, Mark!

CigarNut · 02-18-2011, 07:59 PM

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

shilala · 02-18-2011, 08:19 PM

Nice.

DMK · 02-18-2011, 09:17 PM

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

jimdandy · 02-18-2011, 10:24 PM

Great story. I can't stand WF, perhaps there needs to be a little more

FROM the little guys.

02-18-2011, 05:09 PM	#1
markem Bunion Join Date: Oct 2008 First Name: Mark Location: Second Star on the Right Posts: 22,625 Trading: (47)	A COOL foreclosure story 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. [the story is a great read, go here: http://consumerist.com/2011/02/how-t...lls-fargo.html __________________ I refuse to belong to any organization that would have me as a member. ~ Groucho Marx Last edited by pnoon; 02-18-2011 at 05:56 PM. Reason: fixed the broken link

02-18-2011, 05:36 PM	#2
Blueface Gramps 4x's Join Date: Oct 2008 First Name: Horatio Seymore Hiny Location: Boca Raton - North of La Habana Posts: 8,774 Trading: (8)	Re: A COOL foreclosure story Mark, link does not work. __________________ Little known fact: I am a former member of the Village People - The Indian

02-18-2011, 05:46 PM	#5
yourchoice Down the stretch Join Date: Oct 2008 First Name: Joel Location: South Jersey Posts: 4,095 Trading: (36)	Re: A COOL foreclosure story 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

02-18-2011, 06:10 PM	#7
longknocker Postwhore Join Date: Oct 2008 First Name: Greg Location: Mobile, Alabama Posts: 11,174 Trading: (82)	Re: A COOL foreclosure story Great Story, Mark!

02-18-2011, 07:59 PM	#8
CigarNut Fck Cancer! Join Date: Jan 2009 First Name: Michael Location: Clermont, Florida Posts: 18,042 Trading: (111*)	Re: A COOL foreclosure story What a great story for a Friday afternoon! Thanks for sharing Mark! __________________ Need Beads? Need Five Finger Bags? 2 of 3 Requirements for use of the CA Rolodex: 100 posts/ 60 day membership/ participation in trade (trader rating). New members can be added at any time.

02-18-2011, 08:19 PM	#9
shilala Dear Lord, Thank You. Join Date: Oct 2008 First Name: Scott Posts: 13,721 Trading: (252)	Re: A COOL foreclosure story Nice. __________________

02-18-2011, 09:17 PM	#10
DMK S.O.B. Join Date: Oct 2008 First Name: Darryl Location: Hamilton, ON. Canada. Posts: 2,747 Trading: (86)	Re: A COOL foreclosure story I hope he gets his last $50.00 and solution on the premiums.... __________________ Darryl, SOB...

02-18-2011, 10:24 PM	#11
jimdandy Eat, Sleep, Smoke! Join Date: Jan 2011 First Name: John Location: Lubbock Posts: 64 Trading: (5)	Re: A COOL foreclosure story Great story. I can't stand WF, perhaps there needs to be a little more FROM the little guys. __________________ How many cigars constitutes enough??? The world may never know.