Nasty Foreclosure In California

Larry Delassus lived in a condominium at Hermosa Beach. He was a veteran of the U.S. Navy and is badly disabled. Wells Fargo apparently didn’t take any of that into consideration when it seized his home and quickly auctioned it off. 

Delassus filed a lawsuit, and his attorney tried to present evidence that Wells Fargo had combed its records for homeowners who had more equity available for the taking. Those records included requests for loan modifications, a horrible violation of trust by those homeowners who filled the re-fi paperwork out.

In any event, Delassus finally did get his case into court. Wells Fargo admitted that it had made a mistake in Delassus’ foreclosure because it used the wrong parcel number from the assessor’s office when it targeted his home.

But Delassus didn’t get to see how the case turned out.

He died in the courtroom.

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Ward Lucas is a longtime investigative journalist and television news anchor. He has won more than 70 national and regional awards for Excellence in Journalism, Creative Writing and community involvement. His new book, "Neighbors At War: the Creepy Case Against Your Homeowners Association," is now available for purchase. In it, he discusses the American homeowners association movement, from its racist origins, to its transformation into a lucrative money machine for the nation's legal industry. From scams to outright violence to foreclosures and neighborhood collapses across the country, the reader will find this book enormously compelling and a necessary read for every homeowner. Knowledge is self-defense. No homeowner contemplating life in an HOA should neglect reading this book. No HOA board officer should overlook this examination of the pitfalls in HOA management. And no lawyer representing either side in an HOA dispute should gloss over what homeowners are saying or believing about the lawsuit industry.

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