According to their mission statement, “Wells Fargo’s ongoing respect for human rights reflects our vision and values. This effort is done with the understanding that in some circumstances we may go above and beyond what the law and industry standards require. We are dedicated to corporate social responsibility and strive to uphold human rights in all our business activities.” Seriously? Actions speak louder than words.
Wells-Fargo and HUD profit by using Fannie Mae to put new families into hazardous homes.
Ignoring families’ pleas for assistance out of Koppers Arsenic-Dioxin-PAH contaminated homes knowingly financed by Wells Fargo, Wells Fargo forecloses on the dangerous properties. Wells Fargo then transfers ownership to HUD for the full value, enabling HUD to sell the toxic homes to new families through Fannie Mae.
More Proof that Wells Fargo hates you and your children
514 NW 31st Lane Gainesville, FL 32609: contamination is fully documented on public record and ongoing lawsuits.
Wells Fargo and FannieMae are preparing to sell the most hazardous property in the Koppers Superfund neighborhood. The unscrupulous actions of these entities will assure that a new and unsuspecting family will move into this highly toxic home, by nondisclosure or through an uncaring property investor who will rent it out with a fresh coat of paint.
Either way, a new round of innocent victims will be exposed to high levels of dioxins and the lethal combination of:
Arsenic, Benzene, DEHP, Dinitrotoluene, Lead, Mercury, Methylnaphthalene, Naphthalene, Pyrene, Acenaphthene, Acenaphthylene, Anthracene, Antimony, BenzoAnthracene, BenzoFluoranthene, BenzoPerylene, BenzoPyrene, BaPEq, Chromium, Dibenzo Anthracene, Ethanol, Ethylbenzene, Fluoranthene, Fluorene, Indeno(1,2,3-cd)Pyrene, 2-3-4 Methylphenol, Pentachlorophenol, Phenanthrene, Phenols, Polycyclic Aromatic Hydrocarbons, Biphenyl, Camphor, Carbazole, 2-Chloronaphthalene, Chrysene, Copper, Dibenzofuran, Dimethylphenol, Indene, Nitrosodiphenylamine, Violate Organic Compounds…more chemicals than a meth house!
One of the homes sold by Fannie Mae without disclosure
3507 NW 4th Street Gainesville FL, 32609: contamination is fully documented on public record and ongoing lawsuits.
The previous owner of this toxic home was surprised to receive a late night visitor sent by Corporate America who told her “It’s not personal- it’s about the money. Shut up and get out before you get hurt.”
Another Wells Fargo Contaminated Property
410 NW 26th Avenue Gainesville FL, 32609: contamination is fully documented for ongoing lawsuits
The owner of this heavily contaminated home, Mr. Roy Geiersbach, frequently testified before City and County officials about Wells Fargo’s nondisclosure. When Mr. Geiersbach received anonymous threats he went to the FBI and the US Department of Justice detailing the threats and a hit and run attempt on his life. He spoke out about his toxic exposure illnesses and loved ones lost to cancers caused by his contaminated property, asking “How many more have to die?”
Another of the properties transferred to Fannie Mae and sold without disclosure is 514 NW 33rd Avenue. The new homeowners found out about the home’s contamination only after moving in. This family left their toxic home within weeks of the discovery. The previous residents moved after two family members were diagnosed with cancer.
Why has Wells Fargo abandoned their stated visions and values?
Wells Fargo needs to honor their mission statement and put their money where their mouth is.