Friday, March 09, 2012

Occupy Long Beach Sets Sights on Signal Hill, Rallies to Save [Cambodian-American] Family From Foreclosure

Occupy Long Beach is taking on the cause of Rachel New and her family who are in danger of losing their home in Signal Hill.

http://www.youtube.com/watch?v=hk7J-D-rFoU

2012-03-08
Everything Long Beach

Rachel New and her family—two young daughters, disabled mother, a disabled aunt, and brothers—are threatened with eviction from her home in Signal Hill despite trying for over a year to negotiate a loan modification with her bank.

Rachel came to this country as an immigrant from the killing fields of Cambodia, where she was beaten and starved and saw people shot. She worked hard, graduated from CSU-LB, where she has worked for over 17 years. By the time her dream home was completed, it was underwater.

Rachel and her husband are now separated and he is unable to pay child support, so she is trying to maintain the household on only her income. She took a second job, and her brothers contribute what they can.

Last year, she began to negotiate a mortgage modification. The loan was transferred to a number of banks, each one asking for the same documentation. The mortgage ended with Wells Fargo. Rachel called the bank almost daily. On the morning of September 28, 2011, Rachel was once more told the modification was “pending.” That afternoon she received notice that the modification was denied. The next day, the bank sold the property to itself for half of what Rachel owed.

Rachel says that in Cambodia, she was afraid at night because that’s when the killing happened. Now, she is afraid in the morning because that’s when she worries that she will receive an eviction notice.

7 comments:

Anonymous said...

Come on KI!! This is cheap. Why post such an article? Yes she survived the killing field, survived the divorced, but asking for money from stranger, over the net? Send this beggar back to cambodia, this is degrading. We all struggle in life, who isn't.

Anonymous said...

Why post this story , so people can feel sorry for them ? To tell you the truth, I do because I once was in this situation too until today I still live in an apt. With my family . Who am I going to tell , who am I going to cry to ? Will they feel sorry for me? Maybe some do . Will they help me financially? I doubt that .

These days in time , everyone has the same problem ,we just have to deal with it, suck it in , and try to have our nose above the water . Remember when you had it good ,you don't share with anyone , why do it ?
Wish for the best for mrs. New and her family,

Anonymous said...

Don't worry, she's very beautifull, she'll find another man, I'm 100% sure that she kicked him out, not her husband.

Anonymous said...

Rachel New, was your new a White man. If you desperately need money, go to Khmer and find a real Khmer MAN, he will pay you $50k if you marry him over.

He will either work hard or be a drunk and live off you, then return home to find a young REAL KHMER WOMAN.

Stop asking strangers for money, just rent, like everybody else.

Anonymous said...

It says, "Occupy Long Beach setting their sight to help Rachel with her mortgage crisis". She is not begging. The fault is with the bank, the bank is a crooked entity set up to fleece the Americans without them knowing it.

Anonymous said...

It 'not just only one her family who got this problem . The people living in the 50 states have financial crisis about 85 to 95 percent.Many families have been lost their home already who you need to blame.

Anonymous said...

OH... FOR CHRIS SAKE, GO GET THE REAL JOB WOMAN AND STOP DEPEND ON DISABLE AND CHILD SUPPORT MONEY TO LIVE IN YOUR DREAM HOME.