FOR IMMEDIATE RELEASE
May 22 2013
THE MURRAY’S ARE NOT GIVING IN
AFTER THE MURRAYS HAVE BEEN EVICTED,
AFTER FAITHFULLY PAYING $42,726 IN ESCROW PAYMENTS,
BANK OF AMERICA HAS STOLEN THEIR HOME, REFUSING TO GRANT THEM THE MODIFICATION AND TAKING THEIR HOUSE
At 3pm on Friday May 24th, the Murrays will be joined Majyck radio, Occupy Kalamazoo, and others to demand this illegitimate action is overturned. Matthew and Beverly Murray found themselves the victim of an illegitimate eviction on Tuesday May 14th. The Murrays were kicked out of there home faced with arrest only to watch their locks get changed, and told they would face arrest if they tried to go back into their home.
This eviction speaks to a larger problem in this country as in 2012, an additional 1.3 million families lost their home. In Kalamazoo in 2012 there was a 92% rise in homeless children alone.
The Murray eviction is a clear example of modern American housing, and the growing gap between the upper and lower class, with the middle class slowly yielding to extinction.
Earlier this month Eric T. Schneiderman, New York’s attorney general and top prosecutor, said that the lenders violated the terms of the National Mortgage Settlement, a sweeping $26 billion pact brokered last year between five of the nation’s biggest banks and 49 state attorneys general. The agreement came during a national outcry over potentially widespread foreclosure abuses like shoddy paperwork, erroneous fees and wrongful evictions.
Mr. Schneiderman says that Bank of America did not follow guidelines dictating how the banks field and process requests from homeowners trying to modify their mortgages.
“Bank of America flagrantly violated obligations, putting hundreds of homeowners across New York at greater risk of foreclosure,” Mr. Schneiderman said. Since October 2012, Mr. Schneiderman’s office has documented 129 separate violations involving Bank of America.
Since December 2010, the Murray’s have paid $42,726 in escrow by way of a hugely over-inflated payment. They had a professional appraisal done on their property and made two offers to Bank of America, at or above the appraised value. BoA ignored them. Then, prompted by a third party observer, BoA reached out to the Murrays expressing their desire
to explore a modification resolution. Shortly after the Murray’s called to follow up, they received a letter stating they could do nothing because they were in litigation. The Bank was very much aware of this when they contacted the Murrays initially. The Murrays wrote a letter to the CEO and President for Bank Of America, Brian Moynihan sharing their dilemma and asking for help. Several days later, they received word that their attorney had filed for immediate eviction.
When the eviction happened two deputies, detective and 3 men from Safeguard Properties Inc showed up at the Murrays’ door and told them if they didn’t leave, they would be arrested. The Murrays were there with two of their friends from Occupy Kalamazoo.
Rather than risk more serious charges, Matthew asked if they could gather a few things such as clothes and medicine, as well as some of their more precious belongings. They carried as much out of the house as they could, until the Sheriff demanded they leave so Safeguard Properties Inc could change the locks.
Bank of America received 7 billion dollars in federal funding to carry out modifications to “help” borrowers, yet has never even attempted to work out anything with the Murrays despite the Murrays numerous requests for a modification, and despite
promises in writing from BoA to do so. They know these “promises” can’t be upheld in court. So they make them with no intention of keeping. One source from Safeguard Properties, the company overseeing the eviction, inadvertently told the Murrays that
this company owns Bank Of America’s servicing division. This is a mind-boggling conflict of interest. This essentially means that BoA has a vested interest in evicting families in order to fraudulently steal these homes through cooperation with Safeguard
PLEASE HELP THE MURRAYS FIGHT FOR THEIR HOME!
Also call Brian Moynihan -Office of the President and CEO: 704-386-5687
Demand they stop their corrupt practices and return the Murrays to their
You may also email Bank of America President Brian T. Moynihan at:
The banks expect the hoopla to die down after the eviction. It usually
does because people lose interest! But if we’re to STOP the victimization
of borrowers by Bank Of America, we must continue to make our voices
heard LOUDER after the eviction than before, until justice is served.
You can help the Murray’s by calling Daniel Vargas, Executive Customer Relations