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cynatnite

(31,011 posts)
Tue May 22, 2012, 05:48 PM May 2012

California Man Commits Suicide Before Foreclosure

"The engine is smoking like a chimney," Norman Rousseau told his wife after working on an RV that was expected to be home for the couple after they were evicted from their house in Newbury Park, Calif.

Those would be the last words Oriane Rousseau heard from her husband, who shot himself May 15, days before the couple were scheduled to be evicted after a long battle over their mortgage held by Wells Fargo.

<--->

In a statement to ABC News, a spokesperson for Wells Fargo, which acquired the Rousseau loan from a lender it bought out, wrote, "Our thoughts are with the friends and family of Mr. Rousseau at this difficult time. The eviction has been postponed and we will continue to work with Mrs. Rousseau. Despite current reports, we tried repeatedly to find affordable options for the family."

The 53-year-old, who battled different ailments, would pick up odd jobs but was struggling financially. His wife, Oriane, was working part-time jobs. The couple's troubles began after they were solicited to refinance their mortgage and became locked into an alleged predatory loan for the home, which they purchased in 2000, according to their attorney Chris Gardas.

http://gma.yahoo.com/california-man-commits-suicide-foreclosure-171839159--abc-news-money.html

9 replies = new reply since forum marked as read
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California Man Commits Suicide Before Foreclosure (Original Post) cynatnite May 2012 OP
Unbelievable LiberalEsto May 2012 #1
+100 pinboy3niner May 2012 #8
That is just awful. BlueIris May 2012 #2
the folks who make a living off of people like this are no good fascisthunter May 2012 #3
Wells Fargo has a carefully designed "Savings Friendly" Bank Account that truedelphi May 2012 #5
May as well borrow money from the psychopath mafia fascisthunter May 2012 #9
so it takes a suicide for Wells Fargo to stop eviction. Liberal_in_LA May 2012 #4
the secret to loan modification CrawlingChaos May 2012 #6
Despite current reports, we tried repeatedly to find affordable options for the family." 2pooped2pop May 2012 #7

pinboy3niner

(53,339 posts)
8. +100
Wed May 23, 2012, 09:39 AM
May 2012

I've been out with other DUers, protesting together at foreclosed homes.

What we need are some George Baileys, but but our bankers are all Mr. Potters.

BlueIris

(29,135 posts)
2. That is just awful.
Tue May 22, 2012, 06:53 PM
May 2012
The couple's troubles began after they were solicited to refinance their mortgage and became locked into an alleged predatory loan for the home, which they purchased in 2000, according to their attorney Chris Gardas.

truedelphi

(32,324 posts)
5. Wells Fargo has a carefully designed "Savings Friendly" Bank Account that
Tue May 22, 2012, 07:55 PM
May 2012

"Helps" poor people save by transferring $ 75 a month out of their checking and into their savings, Of course, if you write a check that goes belly up due to the transfer, you will be helping the bank by allowing them to hit you with NSF funds. Banks in the USA make about 38 billions of dollars a year by hitting people with NSF charges. (Now those charges amount to at least $ 22 a bounced check.)

And Wells Fargo is also very friendly with the prison industry. I believe there were threads posted here about how they have obtained ownership of the industry.



 

2pooped2pop

(5,420 posts)
7. Despite current reports, we tried repeatedly to find affordable options for the family."
Wed May 23, 2012, 09:32 AM
May 2012

bull fucking shit. If you did not fall into Obama's very strict rules for help, you were not offered help.

I wonder when those who contiplate suicide will start deciding to take a 1% bankster or two with them? They are leaving people no hope to live.

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