How YOU can Help Stop “Widow Foreclosures” by Contacting Governor Brown

SB 1150 approval by Senate

After months of hard work, hearings, and media coverage about Senate Bill 1150 (Leno, Galgiani), it was approved by the California Senate yesterday!

Now, the bill heads to Governor Brown.

And that’s where you can help!

If you have been impacted by this issue personally (or have friends or relatives who have), if you are a housing counselor or attorney who has helped “surviving homeowners,” or if you have followed this issue and believe in the need for SB 1150, then we need your help, as soon as possible.

If you have ten minutes, please write a quick letter to Governor Brown and put it in the mail.  We’ve been informed that real letters

Here’s a link to the sample letter.

If you have any questions, please contact CRC:  Kstein AT calreinvest.org.

And, we extend a HUGE thank you to Senator Leno and Senator Galgiani, the more than 60 organizations supporting SB 1150, the brave homeowners who have shared their difficult stories about facing needless foreclosures, and the housing counselors and legal aid attorneys who originally helped bring this problem to the public light. 

Sincerely,

The SB1150 Team

California Reinvestment Coalition

Housing and Economic Rights Advocates

California Alliance for Retired Americans

 

 

We need YOUR phone calls to stop widow foreclosures

Senate Bill 1150

 

Supporters of SB 1150: We NEED your phone calls  (ASAP) to these assemblymembers, asking them to vote YES on SB1150 to prevent more “widow foreclosures” on seniors in California.  If you can’t speak to somebody, please try to leave a message.  If you have any questions, please contact CRC: 415-8764-3980.
Priorities: Please call these assemblymembers first:
Cheryl Brown: Phone: (916) 319-2047
Nora Campos: Phone: (916) 319-2027
Ken Cooley: Phone: (916) 319-2008
Jim Cooper: Phone: (916) 319-2009
Tom Daly: Phone: (916) 319-2069
Bill Dodd: Phone: (916) 319-2004
Jose Medina: Phone: (916) 319-2061
Patrick O’Donnell: Phone: (916) 319-2070
Das Williams: Phone: (916) 319-2037
And if you have more time, please also contact these four assemblymembers:
Mike Gipson: Phone: (916) 319-2064
Jim Wood: Phone: (916) 319-2002
Jim Frazier: Phone: (916) 319-2011
Rudy Salas: Phone: (916) 319-2032

How SB 1150 Would Stop More Foreclosures On California Seniors and Heirs

Senate Bill 1150, authored by Senator Mark Leno and Senator Cathleen Galgiani, is intended to prevent additional, needless foreclosures on widows, widowers, and other heirs in California.

To better understand why SB 1150 is needed, consider the recent story of Jose Hernandez, a widower living in Sacramento, who is slated to lose the home he occupied with his late wife until she passed away in 2011:

Although he inherited the property when his wife died, Hernandez is not protected by California’s Homeowner Bill of Rights, a set of regulations that require lenders to work with homeowners to help them save their homes from foreclosure. He’s not protected because his name was not on the loan or title.

Instead, Hernandez said he’s been lost in the lender’s maze of paperwork and people.

“I must have faxed the death certificate over a dozen times,” Hernandez said. “They said they couldn’t find it. In the end, they just want to foreclose on the property.”

Read the whole story here:

Leno bill would strengthen family heirs’ homeownership rights  (Melody GutierrezSan Francisco Chronicle, July 1, 2016)

SB 1150 provides critical protections for widowed spouses and other survivors including domestic partners, heirs, siblings, joint tenants, and other people who own their homes but who weren’t listed on the mortgage. SBOR closes a loophole in California law that fails to provide important protections to surviving homeowners (against foreclosure) that are available to other homeowners.

If  you’d like to get involved, here’s how you can help:

  1. If you organization would like to be listed as a SUPPORTER of Senate Bill 1150, please contact Kevin Stein, associate director of the California Reinvestment Coalition: kstein AT calreinvest.org.
  2. If you are a surviving homeowner and would be willing to share your story, please reach out to Sean Coffey, media manager at the California Reinvestment Coalition: scoffey AT calreinvest.org.
  3. Reach out to your assembly member, and ask them to support Senate Bill 1150.  A vote is expected on the bill in August.  You can find who your assembly member is here: Who is my California Assembly Member?

 

California Widower Explains Need for SB 1150

Michael Finney’s 7 on Your Side recently looked at Senate Bill 1150 and interviewed a widower from El Dorado County to learn how this problem is affecting people- and how SB 1150 could help fix it:

Ric Hornor lived in a home East of Sacramento with his wife Jody for 19 years before she died of a rare brain disorder.

The El Dorado County man has been fighting to keep his home from foreclosure ever since.

“It’s the first home and I would hope the last home that I would ever own. I love it here,” El Dorado County resident Ric Hornor said.

You can read the whole story here: Proposed Bill Could Protect Widows, Children from Foreclosures

Senate Bill 1150 will be voted on by the full assembly in August, 2016, and we need your help to let your elected officials know why they should vote YES on SB 1150.

Please contact us if you’re interested in helping!

 

Senate Bill 1150: How Can I Help Widowed Homeowners?

Dear SB1150 Supporters:

We made it!

Yesterday after taking some amendments, SB1150 (Leno, Galgiani) passed out of Assembly Banking on a vote of 8 to 2!

This is a big step as we try to put in place protections for widows, widowers and other heirs who continue to face unnecessary foreclosures. We could not have done it without all of the support you have provided with your letters, phone calls, texts, in-district meetings, and presence at the hearing.

Now, we move to Assembly Judiciary. The committee is meeting a week from today, Tuesday, June 28 at 9am.

We need to make a (near) final push to get through this committee. Can you pick up the phone and call these assembly members and urge them to vote YES on SB 1150?

Thank you!

The SB 1150 Team

Member Staff Phone
Stone Committee Staff 916-319-2029
Wagner  Lily Movsisyan 916-319-2068
Alejo Paco Torres 916-319-2030
Chau Garret Bazurto 916-319-2049
Chiu Eric Guerra 916-319-2017
Gallagher Joe Zanze 916-319-2003
Cristina Garcia Erinn Ryberg 916-319-2058
Holden Nicholas Liedtke 916-319-2041
Maienschein Matthew Easley 916-319-2077
Ting Jessica Duong 916-319-2019

Mortgage Servicers Still Unhelpful, Report Homeowners

Since the CFPB started accepting complaints,

it has received over 223,000 mortgage-related  complaints! 

The Consumer Financial Protection Bureau’s most recent monthly complaint report focused on mortgage complaints and on California.  According to the CFPB, it has “handled approximately 223,100 mortgage complaints since July 21, 2011, making mortgage the second most-complained-about product after debt collection, representing 26 percent of total complaints.”

The statistics from the report are troubling:

    • Fifty-one percent of complaints are related to loss mitigation: According to the CFPB: “consumers complained of prolonged loss mitigation review processes in which the same documentation was repeatedly requested by their servicer. Consumers also complained that they received conflicting and confusing foreclosure notifications during the loss mitigation review process.”
    • Loan servicing transfers still unclear for customers: This is a common problem that has been identified in multiple surveys the California Reinvestment Coalition has conducted with housing counselors and legal advocates.  You can see our most recent report here, or listen to an interview with an Oakland survivor homeowner, KaRynn Kelly, on NPR’s Morning Edition: Foreclosure Overhaul Comes Too Slowly For Many Homeowners
    • Communication is still a problem: Consumers complaints that when they were able to speak with their servicers, “the information they received was often confusing and did not provide the clarifications they were hoping for.”
    • Four companies who received most complaints: According to the CFPB, the four companies who received most mortgage-related complaints between Nov 2015 and Jan 2016 were Wells Fargo, Bank of America, Ocwen, and Nationstar.

Most complained about companies for California

The CFPB notes: “Company-level information should be considered in context of company size and/or market share in a given geographic area. In the February 2015 – January 2016 period, Bank of America, Wells Fargo, and Experian led the list of most-complained-about companies by California consumers. “

California CFPB complaints (As of April 2016)

You can read the full CFPB report here: Consumer Financial Protection Bureau, Monthly Complaint Report Vol. 10  (April 2016)