San Francisco Family Reoccupies Foreclosed Bayview Home

SAN FRANCISCO (KCBS) – A San Francisco family has moved back into the vacant, foreclosed home it was recently evicted from.

More than 50 people marched down Quesada Avenue in the Bayview on Tuesday morning in support of Carolyn Gage and her family, who began their reoccupation.

“I have lived in this home for over 50 years. My father built this home for his family,” she said. “Until Greystone, a predatory broker company, defrauded me.”

KCBS’ Anna Duckworth Reports:

Gage, a retired sheriff’s deputy, said the bank that took over after Greystone went bankrupt has refused to modify her loan, despite her continued payments.

Mike Brown, one of Gage’s neighbors, said many in the area are in the same boat because the banks won’t budge.

“They’ll come invite us on the steps of City Hall for 50-60 percent less than what’s owed on the property,” Brown said. “But then, if you miss two payments, they’re ready to throw you out. I don’t understand that.”

Gage’s neighbors said they are starting a homeowner’s association to fight the foreclosures. She and her two grown daughters said they plan to stay at the home, with or without the bank’s approval.

Calls to Bayview Mortgage Capital have not been returned.

(Copyright 2011 by CBS San Francisco. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

More from Anna Duckworth
Comments

One Comment

  1. sfmom says:

    Good for her!

  2. Bucky Meister says:

    if you go online there are PEOPLE out there that will HELP those that are in these situations

  3. doubleu says:

    The ABC News story was MUCH MORE FACTUAL. Mrs. Gage did not make a mortgage payment in over 24 months. How is it “her” home?

    http://abclocal.go.com/kgo/story?section=news/local/san_francisco&id=8415237

  4. Kwada P Dotter says:

    Wait a minute, your father built the house 50 years ago and it had a mortgage on it. She took a paid for home and took a mortgage loan on it ? Really? How dumb can you be woman ? You disrepsected the money, tears, sweat and blood that your father put out to build that home. You are the fraud woman !

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