Home mistakenly put on auction list
Redwood City resident Gloria Takla’s Easter Sunday turned sour when she got a call saying her home would be sold in an auction Monday.
So, she spent all morning Monday, before the 1 p.m. auction time, on the phone with bank officials trying to figure out why the home would be sold considering JP Morgan Chase Bank just approved a trial modification on her $585,000 loan last month.
Takla tried to get the bank to modify her loan for nearly two years before aligning herself with the Occupy Redwood City movement late last year.
So frustrated with the process to modify her loan, she and a group of her supporters stormed a Chase Bank branch in downtown Redwood City back in December demanding a loan modification.
Many of the same supporters descended on the County Government Center yesterday in Redwood City in support of Takla, 72, demanding the home not be sold in auction.
About 30 protesters took to the street chanting slogans and holding signs in support of the 99 percent as Takla was busy on the phone trying to figure out why her home was on the auction list.
Her home was due to be sold by the bank in December but Chase agreed to give her at least two more months to work out a deal.
The home was then set to be sold in auction on March 6 until Chase offered her a trial loan modification. She was told if she makes her mortgage payments in May, June and July that she would likely receive a permanent modification.
“We’ve been in constant contact with her,” said Eileen Leveckis, spokeswoman for JPMorgan Chase. “We worked out a good deal for her.”
The confusion about the sale of her home was because the trial loan modification was approved after the list of foreclosed properties that will be put up for auction was made, Leveckis said.
The disconnect “had nothing to do with Chase,” Leveckis said.