The Irony – Wells Fargo Forecloses on Philadelphia’s Housing Chief Carl Greene

No! It can’t be true!!!

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Kirk Dorn, a spokesman for Greene, confirmed Thursday that the housing chief was “involved in a dispute with his mortgage company.”

But…

Wells Fargo is not seeking to evict him.

Isn’t that sweet…

Philadelphia Housing Authority chief Carl Greene facing foreclosure

By Jennifer Lin
Inquirer Staff Writer

The mortgage foreclosure crisis has claimed an unlikely victim: Carl R. Greene, executive director of the Philadelphia Housing Authority (PHA).

Wells Fargo Bank has foreclosed on Greene’s $615,035 condominium in the upscale Naval Square development in the city’s Schuylkill section.

In a lawsuit filed July 27, Wells Fargo said the amount in dispute was $386,685.22.

Greene, 53, runs the nation’s fourth-largest public housing agency and is one of the highest-paid public officials in the city. His salary is $306,370, and last year he got a $44,188 bonus.

Kirk Dorn, a spokesman for Greene, confirmed Thursday that the housing chief was “involved in a dispute with his mortgage company.”

“It’s unfortunate that the dispute is now public, but he plans to deal with the matter in private,” Dorn said.

Dorn added that Greene “knows people will find it hard to understand how he could be involved in a possible foreclosure proceeding on his home, but he would prefer not to say more about it at this time.”

Greene bought his three-bedroom, 2,100-square-foot condo in 2007. Wells Fargo is not seeking to evict him.

Like any other Philadelphia homeowner threatened with losing a house, Greene will have to participate in the city’s mortgage-foreclosure program. He is scheduled to appear Sept. 16 in the courtroom of Judge Annette Rizzo.

Continue here for the rest of the report and some video…

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4closureFraud.org

Comments
2 Responses to “The Irony – Wells Fargo Forecloses on Philadelphia’s Housing Chief Carl Greene”
  1. 2 Pirates over 40 says:

    Wells Fargo doesn’t want to evict him…………………………..
    We have Wells Fargo and they want to evict us……………..
    We want the same deal as Mr. Greene………………………….
    Oh, wait a minute , were not the head of any housing authority except our own personal domain…………..

  2. Dorn added that Greene “knows people will find it hard to understand how he could be involved in a possible foreclosure proceeding on his home, but he would prefer not to say more about it at this time.”

    HUH???? Believe me Mr. Greene! WE GET IT!

    Your clout, experience, knowledge, and connections can’t avert foreclosure? Imagine the rest of us without your pull!

    Want respect and loyal support? Talk about what happened to you!

    AGAIN! WE GET IT!

    Lisa
    ForeclosureHamlet.org

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