Monday, January 11, 2010
Trial to stave off activist's eviction gets pushed back for more talks
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Trial to stave off activist's eviction gets pushed back for more talks
GMAC Mortgage wants "further conversations" with Rosemary Williams and attorneys. Some had vowed disobedience in protest.
By RANDY FURST, Star Tribune
Last update: April 28, 2009 - 9:00 PM
A trial to evict a Minneapolis woman from her
foreclosed house has been rescheduled for
May 26 after the mortgage company that now
owns the house said it wanted to have
"further conversations" with the woman and
her attorneys.
The trial had been scheduled to begin
Tuesday. But at a news conference,
Rosemary Williams, who lost her house on
the 3100 block of Clinton Avenue to
foreclosure in September, said lawyers from
GMAC Mortgage, the new owner, had called
her attorney to ask for the postponement
and raised the possibility of negotiating with
her.
Jeannine Bruin, executive director of
mortgage communications for GMAC
Financial Services, declined to comment on
what was being discussed.
After Williams failed to leave the house by
March 30, GMAC went to court to have her
evicted by sheriff's deputies. At a hearing last
week, Williams' attorneys asked for a trial on
the issues.
Several groups that support a foreclosure
moratorium have vowed to use civil
disobedience to prevent her eviction.
Williams said she had been unable to make
escalating payments on a second mortgage.
In court papers, her attorney Jordan
Kushner said GMAC "should not be permitted
to harm the community for purposes of
property speculation, particularly where it is
receiving billions of dollars in federal
taxpayer funds for the ostensible purpose of
helping homeowners avoid foreclosure."
While declining to discuss Williams' case,
Bruin said "in general," once GMAC buys a
foreclosure house, its typical options are to
market it individually or combine it with
other properties it owns and sell it to
investors.
"It can be marketed as vacant or may be
marketed as tenant-occupied," she said. "We
do have a program called 'cash for keys' that
provides funding to the borrower for
relocation assistance, and we can also work
with the borrower on a reasonable timeline
to vacate the property."
Randy Furst • 612-673-7382
GMAC Mortgage wants "further conversations" with Rosemary Williams and attorneys. Some had vowed disobedience in protest.
By RANDY FURST, Star Tribune
Last update: April 28, 2009 - 9:00 PM
A trial to evict a Minneapolis woman from her
foreclosed house has been rescheduled for
May 26 after the mortgage company that now
owns the house said it wanted to have
"further conversations" with the woman and
her attorneys.
The trial had been scheduled to begin
Tuesday. But at a news conference,
Rosemary Williams, who lost her house on
the 3100 block of Clinton Avenue to
foreclosure in September, said lawyers from
GMAC Mortgage, the new owner, had called
her attorney to ask for the postponement
and raised the possibility of negotiating with
her.
Jeannine Bruin, executive director of
mortgage communications for GMAC
Financial Services, declined to comment on
what was being discussed.
After Williams failed to leave the house by
March 30, GMAC went to court to have her
evicted by sheriff's deputies. At a hearing last
week, Williams' attorneys asked for a trial on
the issues.
Several groups that support a foreclosure
moratorium have vowed to use civil
disobedience to prevent her eviction.
Williams said she had been unable to make
escalating payments on a second mortgage.
In court papers, her attorney Jordan
Kushner said GMAC "should not be permitted
to harm the community for purposes of
property speculation, particularly where it is
receiving billions of dollars in federal
taxpayer funds for the ostensible purpose of
helping homeowners avoid foreclosure."
While declining to discuss Williams' case,
Bruin said "in general," once GMAC buys a
foreclosure house, its typical options are to
market it individually or combine it with
other properties it owns and sell it to
investors.
"It can be marketed as vacant or may be
marketed as tenant-occupied," she said. "We
do have a program called 'cash for keys' that
provides funding to the borrower for
relocation assistance, and we can also work
with the borrower on a reasonable timeline
to vacate the property."
Randy Furst • 612-673-7382
Labels: Eviction, Foreclosure, GMAC, MN PPEHRC, Rosemary Williams
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