PASADENA--More than fifty people filled the office lobby of Fannie Mae on Wednesday, June 11, 2014 in a call for the federal housing agency to change policies which are evicting long-term homeowners.
The crowd gathered to call attention to the plight of Jaime and Juana Coronel, an Azusa couple who have "worked their whole life to afford the house they've lived in for almost 25 years. The Cornels lost their home of 25 years to improper foreclosure. Now, the Cornels, after renting three years from Fannie Mae, they qualify to buy back their home. We have a letter here today that proves that the Coronels are qualified to buy back their home at fair market value, but Fannie Mae won't sell it back to them at market price. Fannie Mae is intent on evicting the Coronels to sell this house at the same price, that the Coronels can afford, but to someone else."
Full story and photos: Furious Homeowners Occupy Lobby of Fannie Mae in Pasadena by Los Angeles People's Media
Furious Homeowners Occupy Lobby of Fannie Mae in Pasadena