Cobb County homeowner to stand up to foreclosure case - CBS Atlanta 46

Cobb County homeowner to stand up to foreclosure case

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COBB COUNTY, GA (CBS ATLANTA) -

A Marietta resident and supporters will hold a press conference announcing the launch of first 24/7 home occupation in Cobb County.

Homeowner Steve Boudreaux is hosting the press conference outside his home at 3 p.m.

He is fighting to keep his home off Rubes Landing in Marietta.

After battling unemployment and struggling to make payments on his mortgage, Boudreaux applied for an emergency home loan modification to stay in his home at a rate he could afford.

Boudreaux said everything was all set to move forward until the IRS delayed in getting tax transcripts to his bank.

Wells Fargo pushed forward with a foreclosure sale, according to Boudreaux. The transcripts were delivered the day after the foreclosure sale.

A demonstration was held Friday outside of the Wells Fargo branch where Boudreaux took out his loan.

On Monday, tents will be pitched and supporters will hold a 24/7 vigil until Wells Fargo makes a deal to keep Boudreaux in is home.

"Georgia is now the epicenter of the foreclosure crisis. We have to do something about this, and we have to do it now," says Occupy Homes organizer Allie McCullen.

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