TAKE YOUR LENDER TO COURT! DON'T STAND BY AND LET THEM TAKE YOUR HOME!!

Local

Rancho Cordova Couple Turns Tables On Lender’s Foreclosure Attempt

February 16, 2014 11:23 PM

View Comments

Related Tags:

 foreclosure, rancho cordova

Trending

Family Pleading For Answers In Fairfield Teenager's Shocking Death

2 CHP Officers Killed In Fresno County Vehicle Crash

Woman Gets Stuck In Her Jacket So Husband Calls 911

Honey Price Increases Lead to Jump In Beehive Thefts

Rancho Cordova Couple Turns Tables On Lender’s Foreclosure Attempt

GET BREAKING NEWS FIRST

Receive News, Politics, and Entertainment Headlines Each Morning.

Sign Up

RANCHO CORDOVA (CBS13) — A Rancho Cordova couple is staying in their home after it was nearly sold out from underneath them by their bank.

Cheryl Alimena and her husband Charles say their home was full of life and celebrations.

“We planned on being here for the rest of our lives,” he said.

It was also filled with grief after their son died in a car accident just two years ago.

“This house, it has a lot of memories for us, and it meant a lot to us before, but it means a lot more now,” Cheryl said.

The family nearly lost that home, but they won it back from a pending foreclosure after suing their lender.

“It was like a bad dream,” Charles said.

They’re one of a growing group of foreclosed California owners taking their lenders to court following the foreclosure crisis.

Loans from the housing bubble were repackaged as securities and sold on Wall Street. That put the true holders of the mortgage debt in question.

“The entity that’s trying to foreclose on them has no legal standing to do so,” said attorney Stephen Foondos.

“This is of course something the banks want no one to know about, because otherwise you would have everyone running to the court trying to file a claim.

The legal ruling turned into a reversal of fortune for the Alimenas. The nightmare they’d lose their dream home is over.

“For the little person to actually be able to win, I think that’s what people need to know,” Cheryl said, “is that there is hope out there for them.”

As part of the settlement, the couple also reduced their monthly mortgage payment by $800 a month.

Related articles

• Cultural crossroads blossoming at Rancho Cordova's Koreana Plaza
• Dickey’s opening festivities Thursday in Rancho Cordova
• Explosion Injures One Person At Aerojet Rocketdyne Facility In Rancho Cordova
• Poor Credit Reports Start Vicious Economic Cycle; Can It Be Stopped?
• The very best Stop Foreclosure Now Information on the Internet - Finance
• Two Foreclosure Trials in One Day...To Foreclosure Victories For Homeowners...How?
• Man Barricades Himself in Rancho Cordova Home

HOMEOWNER VICTORIOUS IN CALIFORNIA! WATCH FOR MORE DETAILS...

WRONGFUL FORECLOSURES

0

Couple Fought Wrongful Foreclosure In Court, Emerged Victorious

By Laura Northrup February 18, 2014

It’s nice to hear about a battle of consumer vs. bank that ends with a consumer victory. Better still when it means that the consumer gets to stay in their home, which they were in danger of losing to foreclosure. That’s the heartwarming story of one California couple who fought back in court.

They spoke to a local TV station with the mission of letting other California homeowners know that they too have a weapon against wrongful foreclosure. Anyone can sue. They didn’t name their bank on the air, but did explain how after the confusion of the housing bubble and packaging of mortgage-backed securities, sometimes it isn’t immediately clear who owns the mortgage on a given house. It’s possible that the entity foreclosing on a house has no right to do so.

“This is of course something the banks want no one to know about,” their attorney explained to the TV station, “because otherwise you would have everyone running to the court trying to file a claim.”

Homeowners in other states may not be so lucky: as you may remember, California passed legislation a few years ago that gives homeowners special protection from abusive lenders and potentially wrongful foreclosures.

Rancho Cordova Couple Turns Tables On Lender’s Foreclosure Attempt [CBS Sacramento]

Related articles

• Rancho Cordova Couple Turns Tables On Lender's Foreclosure Attempt
• West Sacramento homeowner uses new state law to stop foreclosure
• Loan complaints by homeowners on the rise again
• Homes Lost to Foreclosure Hit 6-year Low Last Year
• Foreclosures hit six-year low in 2013
• 10 Methods To Fight Foreclosure and Succeed - Business
• Foreclosure - What is The Foreclosure Process in California? - Finance
• DataQuick: California Foreclosure Starts Dip to Eight-Year Low
• Couple Fought Wrongful Foreclosure In Court, Emerged Victorious
• Good News for California and homeowners that may need some help from banks to avoid Foreclosure

Jeff Taylor's Brilliant Victory! God Bless Jeff & His Family Daily.

Jeff Taylor wrote:

Hi Kelly,

Where do I start? I read your letter to my family tonight (taking a deep breath with every new sentence) Thank you! And yes, you can post any, and all of my stories. We're in this together.

The blog you posted saved our future! The key to ASC success was dealing with one individual, and after sending emails to Wells Fargo's President, V P, And CFO, I had a response in four days from ASC! My wife was the one who took the call that morning while I was out dropping off the kids at school, and when she called me on the road with the news which was:"We are calling you from the executive department of ASC, and are very sorry you have had to go through this, we are assigning you to an individual who is going to get things straight, and it doesn't get higher than this", I could not believe what I was hearing, something that we worked months on with nothing but confusion, misunderstandings, three months delinquent, then all of the sudden...this? It was like seeing 911 all over again, I don't believe what I'm seeing, and hearing!

I wept behind the wheel to the point of almost having to pull over, but continued driving because I needed to get home to my wife and hear it again in detail. As I walked through the door, I saw this look of disbelief in her eyes mixed with a joy I have not seen for a long, long time. When I sent those emails out, I never thought a reply was coming, but something happened. In the subject line of those emails read "Why do you want my home?" I proceeded to explain the 100's of horror stories written by ASC victims, and how they all sounded alike, as did mine. The one question they had to ask when contacting my wife that morning was "how did he get that email information?", and my wife's reply was "you can get almost anything off the internet these days", which is how I found you Kelly.

All I did was Google "ASC Complaints", and OMG, there you were, along with more than I could handle. Fox Television even contacted me based on a blog I submitted, and had been getting so many calls, yet mine stood out, and wanted to do a live interview with me at my home, but I had to decline, for that was the day we were to get the news on the Special Forbearance Option that was about to be put into motion. We got the forbearance, yet within a week, ASC called back, and based on a plan I suggested they use, was submitted to the investor, and they approved it three months ahead of schedule.

All of the delinquent payments were then rolled back into the loan, interest reduced, payments reduced, and the rest goes into the history books. I've got you to thank for this Kelly, and I have passed this info to others whom have contacted me, and told me that they are starting to move forward in a positive way. ASC has also told me that the plan I suggested they implement for us, will now be used in other situations. A plan that has never been used before. I'm a Realtor, suffering like everyone else, yet WAMU agreed to a loan mod on another property that I own, and worked so well, I had to tell ASC where they were falling short, and how this plan could make it a win, win situation for the both of us. 3% year one, 4.5%, year two, 5.7%, year three, and every year thereafter.

So there you go. It's snowballing, and God used you, as he has used me to help those who are at a total loss as to who to trust, and which direction to go. I still look back on that morning when I got that call from my wife, and immediately thought of you. I saved your blog in Microsoft word, and was able to retrieve it. I needed to say thank you over and over again. I'm a firm believer that when you do good for others, good comes back to you. You're a God send Kelly, and I owe so very much to you for what you have taught me. If not for that information I just happened to stumble across that day while on a last chance mission, our home would now be gone. A million hugs and kisses to you my dear, you to are a totally awesome person!
A wonderful Christmas to you and yours!

I believe in miracles Kelly, and whether you know it or not, God appointed you as my guardian Angel!

Warmest regards,

Jeff Taylor


----- Original Message -----
From: Kelly L. Hansen
To: classicdad@cox.net
Cc: Kelly L. Hansen
Sent: Friday, December 19, 2008 9:14 AM
Subject: i'm so happy for you!! Thank you for your kind words - they mean more to me than you could know.


wow -- I can't tell you how much your kind words were needed today. 30 minutes ago, I said out loud (only my dog hears me) "God I HAVE to have some good news TODAY!" Your e-mail may have been written a few days ago, and I'm sorry I didn't get your voice mail, but God used you tonight, Jeff. Just knowing you took the time to write is awesome. You will just never know, honestly, what a blessing you are.

So many people are hurting, and your encouragement took a 200 lb load off my heart and gave me double the strength and motivation to keep reaching out.

People are so scared to trust anyone - and they should be. May I share your e-mail with others fighting to keep their homes -- and prayerfully SOME equity? I do understand if you aren't comfortable, and I promise I won't send it any further. I have to ask because I know what it would do for so many facing the same mind boggling struggles. So let me know if you are comfortable with passing along some smiles.

GOD BLESS YOUR HEART. I THANK GOD ABOVE THAT YOU WERE BLESSED WITH A POSITIVE OUTCOME.

If you have already written your story anywhere, I'd love to read it! I want to know (I promise I'll keep everything confidential) who finally cared enough to help a hurting homeowner!

Yes, I'm still in my home but now after Wells Fargo Bank dba Americas Servicing saga was all worked out, loan reinstated, $12, 000+ credited to my mortgage account -- 20 days later my home was sold at a sheriff sale. I walked with eyes wide open smack dab into the middle of a foreclosure rescuer scam artist LLC. "Equity-Strippers." To just say just the very least, and leave you alone, they forged a Quit Claim from me to them, mortgaged my property to the max hat at one time had significant equity (for me) and now I'm fighting with


APPLE ASSETS LC
BEID: 3016292
DARRIN T. VOLK AND LARRY HEDENKAMP
9379 WEST 75TH STREET
OVERLAND PARK, KS 66204



under investigation for mortgage fraud, forgery, and sexual battery -- six identical cases in court at the same time all Quit Claim fraud, all forgery, but I'm still fighting just so exhausted. DEAR LORD, WHAT'S UP? I don't know where my story ended with you, but let me know if you want to hear anymore about the pain these lenders lovingly spread around -- if I were you and FINALLY had a happy ending, I sure would understand if you prefer to move on.

If I had a happy ending, well, I'd still stay very very deep in this. Too many people have too much to lose. And they are losing it.

Tonight I'm going to take my legal books away from this laptop, and pray a huge thank you for your happy ending. So, so nice.

Thanks for sharing.

"." wrote:
From: "."
To:
Subject: Thank You Kelly!
Date: Fri, 21 Nov 2008 22:19:47 -0800


Dearest Kelly,

I left you a voice mail this evening. Thank you!
I've passed along to other ASC victims, my success story, and your info. Thank you!
Your blog comments helped me save my home. Thank you!
You are a God send Kelly, Thank you so very much!
Your efforts were not in vein.

Kindest Regards,

Jeff Taylor / San Clemente, CA / 949-395-7376 :)