Citibank Refuses to Accept Minneapolis Mom’s Mortgage Payments; Home to be Auctioned Wednesday
Minneapolis—For months, Colleen McKee Espinosa, a single mother of three—including Nick Espinosa, a volunteer organizer who has helped other homeowners fight foreclosure—has repeatedly asked Citibank officials to allow her to catch up on her mortgage and keep her home. But Citibank still has the home scheduled to be auctioned off at a sheriff’s foreclosure sale this Wednesday, June 13th, at 9am.
McKee Espinosa, a registered nurse, has been in her home for 16 years. Last year, she attempted to pay her Citibank mortgage to catch up on two past-due payments on the indicated due date. The bank told her the home had already been sent into foreclosure.
“I’ve come up with the money I owe them but they refuse to take it,” McKee Espinosa said.Colleen’s son Nick Espinosa is a volunteer organizer for the group Occupy Homes Minnesota, a group that has waged successful campaigns that saved the homes of Monique White and US Marine veteran Bobby Hull.
Despite her son’s activism, Colleen McKee Espinosa was initially reluctant to speak publicly about her case. But as she faced the impending loss of her home, McKee Espinosa joined forces with other homeowners and Occupy Homes activists to begin a community campaign to ask Citibank to negotiate a fair settlement that would let her keep her home and finish paying a mortgage that, until recently, had only six years of payments left.
After media coverage in the Minneapolis Star Tribune, the blog Crooks and Liars, and other outlets, Citibank officials contacted the family, and assured them they were doing everything they could to resolve the case, assigning them a contact in the “executive response unit.” Despite this, the bank is moving to auction the home at a sheriff’s sale this Wednesday at City Hall, after which time the bank would have no legal obligation to work with the family.
“My mother has struggled her whole life to keep our family afloat, while teaching my siblings and me about hard work, fairness, and giving back,” said Nick Espinosa. “I’ve dedicated the last 8 months of my life to helping families fight against unjust foreclosures and the greedy banks that would rather leave homes vacant than work to keep families in their communities even after being bailed out with our tax dollars. Citibank won’t be stealing the home I grew up in from my mom—it stops here.”
The family has seen a huge outpouring of support from the community since the campaign started. McKee Espinosa’s union of 20,000 nurses statewide, The Minnesota Nurses Association, St. Anthony East Neighborhood Association, and hundreds of neighbors have called for Citibank to negotiate with the family, signing an online petition asking Citibank to work out an agreement with the family. Most neighbors on the block have sent letters to Citibank and display yard signs in support of the family.