A Homecoming Without a Home
EFO launched a website today dedicated to helping Oregon resident Tim Collette and the countless homeowners like him. Homecoming Without a Home highlights Tim’s case - he’s slated to lose his home to Chase Bank on the courthouse steps in 10 days. Tim's son Aaron is due to return home on leave from Iraq just eight weeks after Tim's foreclosure sale date.
The website includes a countdown clock to Tim's foreclosure sale, details on how Tim did everything right in trying to save his home and also features videos and daily updates on Tim's fight with Chase. Of course, we all know Tim is just one of thousands of other Oregonians facing foreclosure in our state, and we’re dedicated to changing the rules so that every homeowner has a fighting chance against the big banks – that’s why the site also includes viable solutions to the foreclosure crisis at both the federal and state levels - including Oregon bills SB 826 and 827.
Tim has two strong advocates working on his case – U.S. Senator Jeff Merkley and Oregon Attorney General John Kroger. Both of their offices have contacted Chase directly. Merkley also took to the U.S. Senate floor just about an hour ago to speak about mortgage servicing reform – and shared Tim's story with his fellow lawmakers.
But this isn’t just about Tim. Both Senator Jeff Merkley and Attorney General John Kroger have been champions for real foreclosure reform. There are other leaders too, such as Senator Suzanne Bonamici - the chief sponsor of SB 826 and SB 827. But they cannot do this alone. Please stand strong with these leaders, with Tim and with the tens of thousands of Oregon families facing foreclosure.
Please visit Homecoming Without a Home for the latest progress and news on Tim and mortgage servicing reform.
Economic Fairness Oregon is a non-profit, non-partisan organization dedicated to consumer protection and fair lending laws. Our goal is to restore a financial system built to work for the people, not against them.