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REST IN PEACE NORMAN ROUSEAU: Did Wells Fargo Kill Him?

6 January 2013 4,613 views No Comment

Norman Rousseau Commits Suicide During Wells Fargo Lawsuit

Story excerpts taken from The Huffington Post, which was written by Harry Bradford – Harry didn’t write the really nasty stuff below, I DID, so if Wells Fargo wants to sue me then they can take their best shot.  Go Ahead, make my day!  This story is really about Wells Fargo and their “friend(s)” in the OCC – can you say hello Mr. Morris Morgan?  To Mike Heid, President of Wells Fargo Home Mortgage; you should start making plans now to retire in a country without extradition.   The biggest culprit is the OCC’s very own John Walsh; aka, most likely to be employed by the Defendant banks in the future.  For a pic of Mike Heid you can go to http://www.presidentialfield.com/mike-heid-president-wells-fargo-home-mortgage .  By the way, for a pic of John Walsh you can go to http://topics.bloomberg.com/john-walsh/ .

Norman Rousseau’s last night was spent trying to fix an old RV so his family didn’t have to live in the streets.  Norman and his wife were facing a wrongful foreclosure by Wells Fargo.   Then mid-morning, with the RV’s engine in pieces, he shot and killed himself,  CBS Los Angeles reported.

Rousseau, who lived in Newbury Park, California, left a wife and stepson to deal with an ongoing battle with Wells Fargo, according to the lawsuit filed by Norman and his wife, Oriane (h/t Alternet).

The SOBs over at Wells Fargo stated:  “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,” a Wells Fargo spokesperson said to The Huffington Post in an email. “Despite current reports, we tried repeatedly to find affordable options for the family.”  WeTruth knows better, the lies and deceit from Wells Fargo, Wachovia, HomEq and the like know no bounds.  These companies commits crimes by the BILLIONS and yet nothing is done.   Is it simply a coincidence nobody goes to jail for stealing honest people’s money but when these crooks lose money on their bets the government quickly cries public interest to give them more of the People’s money.  I don’t care if you’re Democrat or Republican (or anything else), you’re a fool to think the crime is over as well, where do you think all the mortgage bonds are now and who is buying them?  Ignorance once was bliss but in today’s economic climate the only bliss you’ll get from this are the “blissters” on your ass from living in the streets once these pricks get to you.  When you’re crying and looking for someone to help you, just remember, perhaps five percent of all of the victims get help.

The trouble started when the Rousseaus refinanced their mortgage, finding out much later that their interest rate actually increased after they did so, the lawsuit stated. On top of
that, the lawsuit claims that the couple was convinced to roll their credit card debt into the loan, ostensibly prolonging and increasing that debt as well, according to Chris Gardas, the attorney representing the Rousseau family.  Why hasn’t an investigation started to see who else was hosed by the same employees in the same offices?   What in the heck do these criminals care if the banks get fined, its not actually the banks pocketing all the money.  Its the mortgage servicing companies and their attorneys or referrals that are splitting the loot.  You’re being mislead if you think the only people gaining are the stockholders.  Look at the bonuses, the fees hidden in millions of mortgages, etc.  As an attorney, I see my peers calling it an “opportunistic breach of contract”.  In reality that usually means that they can steal billions of dollars from millions of people and then when only a few hundred sue them all they need to do is correct their accounts a bit and then pocket the rest of the money.  THAT IS NOT A DETERENCE AT ALL, THAT IS AN INCENTIVE TO KEEP STEALING!!!  YOU MAY THINK YOU’RE SAFE BUT YOU’RE ONLY FOOLING YOURSELF.  THESE TYPES OF BEHAVIORS ADAPT TO NEW AREAS OF FRAUD AS SOON AS THEIR PAST ACTIONS ATTRACT TOO MUCH ATTENTION AND THE PROFITABILITY MARGINS DECREASE.  QUITE SIMPLY, IT DOESN’T MATTER TO THEM WHETHER OR NOT IT IS A DEFINEABLE CRIME, IT ONLY MATTERS WHETHER IT IS A CRIME THEY’LL BE PROSECUTED FOR.  IN THIS CASE IT’S ALL ABOUT THE BENJAMINS $$$

At the time, the deal “tasted like honey” to Rousseau, who believed she and her husband had made a solid financial decision, Gardas told The Huffington Post.  Then in May 2009, Wells Fargo allegedly denied it had received the Rousseaus payment for that month.  Later, the bank would change its story, blaming the mix-up on putting a stop on the couple’s check, the Los Angeles CBS station reported.  What ensued were repeated and inaccurate requests for payment from Wells Fargo, along with excessive fees and a denied loan modification. That climaxed in a lockout that appears to have led Norman Rousseau to his death, according to the lawsuit. The eviction has now been delayed two weeks, according to the family’s attorney.

Oriane has no desire to stay in the home that’s the scene of her husband’s suicide, the family’s lawyer says. She’s living in a hotel paid for by local church members but, should that support run out, she may be forced to return until evicted.

Norman Rousseau now counts among the victims of the foreclosure crisis driven to tragic ends. Just last week, a Connecticut woman facing foreclosure shot her 85-year-old mother before turning the gun on herself, The Hartford Courant reports. The event is sadly reminiscent of a senior Ohio couple who, also facing foreclosure, were found shot to death.  Wells Fargo has a third of all the mortgages in this country, as originator, the most in the country and triple the share of the runner-up, JPMorgan Chase, according to Bloomberg. The bank is also one of five that agreed to pay a $25 Billion Dollar Settlement over Mortgage Fraud.   It recently received a $3.1 Million Dollar fine for “highly reprehensible behavior” related to one Louisiana man’s mortgage.

Wells Fargo isn’t likely to suffer similar punitive damage here, the family’s lawyer told The Huffington Post. “Instead, everybody just says they’re doing their job.”

As of last night, Mrs. Rousseau told Gardas that she has yet to hear personally from a Wells Fargo spokesperson.

THESE BANKS AND THE PEOPLE WHO ALLOW THIS BEHAVIOR HAVE CAUSED MUCH OF THE FINANCIAL CRISIS WE FIND OURSELVES IN.  THEY STOLE FOR PROFIT AND HAVE NEGATIVELY AFFECTED MILLIONS OF LIVES, FUTURES, RELATIONSHIPS, HEALTH, ETC.  THESE PEOPLE SHOULD BE CONSIDERED CRIMINALS AND THEY MUST BE PROSECUTED FOR THEIR CRIMES.    We simply cannot allow more innocent consumers in this country to suffer and die due to the outrageous behavior of these individuals and/or entities.

 

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