SAN FRANCISCO (KCBS) – A San Francisco woman who was facing eviction from her home Wednesday was thrown a life preserver just hours before sheriff’s deputies were expected to arrive.

“This was not a bad decision to purchase this house,” said Monica Kenney, who added that she wasn’t one of those who bought way beyond her means.

Kenney could afford her 537-square-foot home until she lost her job. Wells Fargo helped out, modifying the loan with a forbearance agreement she signed last year. She even made a payment on it, but the home was still auctioned off to Fannie May. As she waited for the sheriffs deputies to arrive to evict her in a matter of hours, she kept those phone calls going with Wells Fargo.

KCBS’ Janice Wright Reports:

“Essentially, I know from Fannie Mae that they need to be the ones to stop the eviction,” said Kenney,

A group of neighbors, reporters and members of Alliance of Californians of Californians for Community Empowerment gathered at her house in support – a fact that Kenney made sure to mention to Fannie Mae.

About ten minutes later, Kenney got a call from Fannie Mae calling off the dogs.

Kenney now has two weeks to try to work things out.

“I still believe in the American Dream,” said Kenney.

(Copyright 2012 by CBS San Francisco. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)


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