Tell Wells Fargo: Stop suing and start negotiating

On August 7th Wells Fargo and Deutsche Bank named the City of Richmond in a lawsuit filed to attempt to block Local Principal Reduction from moving forward.

Please call Wells Fargo CEO John Stumpf and tell him to stop suing and start negotiating.

Here’s his office number: 415-396-7018

Here’s a sample script:

“Hi, my name is __________. I wanted to let John Stumpf know that I support the city of Richmond’s common sense approach to local principal reduction. Wells Fargo needs to drop the lawsuit it filed against Richmond. The foreclosure crisis has hit cities like Richmond tremendously hard. Sell these underwater loans to the city so that we can stop the crisis now!”

You can report how the call went by leaving a comment below.


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  • followed this page 2013-08-27 01:42:20 -0700
  • followed this page 2013-08-26 18:37:57 -0700
  • commented 2013-08-26 16:55:59 -0700
    So happy I no longer do business with Wells Fargo, and will never EVER do so again.

    And while I know your bank didn’t need the bailout, your bank still took the money. The least you could do is help taxpayers out in return—seeing as how you took their money. I mean the bailout, not their mortgage payment.
  • commented 2013-08-26 10:36:35 -0700
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