MINNEAPOLIS (WCCO) – Bobby Hull lost his home after trying to modify his mortgage when he became unemployed.

The activists are not saying the Bank of American foreclosed his home illegally, but they want the bank to show more compassion to homeowners like Hull.

“Occupy our Homes” protesters were out at Hull’s residence on Tuesday as it was one of several rallies that took place all across the country. Hull and his family are scheduled to be evicted from their property in February.

“I think this is a good start. I’m not the only one out here who is losing their house and being foreclosed on. I don’t think anybody should lose their house in the United States. The banks have been bailed out, and then they still took our houses,” Hull said.

Officials with Bank of America said it did everything it could to help Hull save his home.

Comments (19)
  1. :) says:

    The banks got bailed out so I should as well???? LOL The banks have to pay back the bailout money with interest, is he willing to do the same thing?? I DO NOT support the bank bailouts either but there was conditions and most have been paid back.

    1. Phid says:

      While I don’t want to see the man thrown out on the street, I must say that there is another side to the story that we don’t hear. Liberals consistently argue points based on emotions. What they do not seem to understand is that reality works in a way that is not always according to our liking. If a bank lends money, it is only right to pay back that money. If someone cannot pay back a mortgage, he should probably sell that house and downside, or rent so that he can better meet his payments.

      1. Guy says:

        According to ch5; this guy has owned the house since 1968. If that is so; why does he even HAVE a mortgage to be forclosed? Why wasn’t it paid off 10+ years ago?

  2. Flea Party says:

    But I want it all and I want right now.

  3. Esther says:

    Not everyone is or will be in the financial position to own a home. Owning a home is the “American Dream” not the “American Right.” When my husband was unemployed we got very close to foreclosure and worked our butts off to avoid it. Now over a year later we look back and are very grateful for everything we have. A lot of people would now be very wise to rent rather than own.

  4. Mike says:

    They were obviously living there for about 9 months without a payment in order for it to go into forclosure. On top of that a few more months in-between. Most people going through a foreclosure are in the home for more than a year before they are forced to go…. I think that’s pretty fair. I’m kind of a d##k, I would toss someone from a property in a couple months of non payment. There are A LOT of laws protecting homeowners and tenants. On the bank bailout topic… First comment says it best, most of the banks have payed the money back and them some (aka interest). Our banking system would have crumbled without it… Not that excited about it but needed to be done…

  5. Jake says:

    Flea party — Me me Me me ME ME.ME. Doesn’t get any simpler or plainer than that.

  6. mel says:

    I have a bank of America home loan and became behind on my payments after being laid off for 11 months. I was always 1-2 months behind even after taking a job that offered a salary a lot lower then I was making previously. The bank sent a company called to collect information for a home modification loan. Bank of America stated that since they sent that company we were approved for the home modification. I received several calls that said a negotiator would contact me within 10 business day. That was in October. It is now December and they have now sold our loan to another company. We want help to get caught up on our house payments and were approved to get help and then Bank of America took so much time(even after several calls to escalate the process) and we never received a call and then they sold the mortgage. UNBELEIVEABLE. We are not trying to live here for free. We just want to keep our HOME

  7. Goober says:

    Instead of stand around chanting, why didn’t the Protesters take up a collection to help the guy pay his house payment?
    Kind of a catch 22 for the bank, they were forced to give the guy the loan by corrupt government dictating banking practices (thank you Barney Frank and Chris Dodd) and now that he can’t pay they are suppose to let him live there for free.
    And the protesters blame the bank.

    1. keel says:

      You truly are a :goober”. The banks were “forced” to give the guy a loan? What planet are you from? Government dictating banking practices? The “government” rescinded the Glass-Steagall act in 1999…that would be the one that kept the banks from engaging in questionable practices like CDO’s and CDS,s. The banks caused the crisis…they were hardly the victims of some “government practices”. Do some reading of something more substantial than comic books. BTW, I support neither the protesters nor the homeowner in this case…I may feel sorry for him, but that’s life. On the other hand, I don’t feel sorry for you being a dimwit. It’s your own fault.

    2. Mark says:

      @ Goober

      Yes it is true that Dodd/Frank is some rather questionable llegislation, however let’s look further back.

      Do you remember the wonderful world of de-regulation brought to you by Ronald Reagan?

      He de-regulated banking , so that the banks could conduct business across state lines. Prior to that, banks were forced to stay in a small managable state. When the de-regulation started, the advent of the big mega-bank began.

      All the small community banks were merged into a larger bank, and first bank system became US bank; Northwestern, became norwest, became wells-fargo and so on and so on.

      Now we have the birth of “Too Big To Fail” in which the only thing that failed were the banks ability to control their own greed, which is what will eventualy destry all of us.

  8. joe says:

    I hate to read these stories and realize all the morons living today. Pay your bills Bobby Hull or get the @#$% out.

  9. Blah blah blah says:

    Mr. Hull had the house paid off. About 4 years ago he took out a load for $250k to “start a business” and buy a second house. Then he quit paying on his first house. Perhaps rather than occupying the house he refinanced on, he could just move to whatever vacation property he purchased with the loan?

    1. Mark says:

      @ Blah blah blah

      So you know Mr. Hull personally? You know that this is what happened to him to get to this situation? You were at the Occupy action last evening?

      I highly doubt that you can answer positive to any of the questions I posed to you. I was at Mr. and Mrs. Hull’s home last night. The main issue in most forclosure’s is the fact that the bank will not renegotiate in good faith with the homeowner. Yes it is true during a forclosure the bank will not accept any payments, but it is still the simple fact that they have refused to negotiate in good faith.

      I also find it hypocritical of most posters who claim to support the troops are so quick to blame this Veteran of the United States Marine Corps, who was honorably discharged, and served this nation, and all of you, with courage and actually went and did his duty. He did not avoid it with deferments or other ways, like some politicians have done.

      At this point I choose to believe Bobby Hull and his description of what occured, over yours which I firmly believe that you have cooked up in whatever brain you have.

      1. blah says:


        Sorry for the delay in response- I tried submitting an answer to you on the 7th, but there was a link to a youtube interview with Mr. Hull, which evidently caused the comment to end up in endless moderation.

        Anyhow, no I do not personally know Mr. Hull, but I watched the interview with him where he explains that he took out a second mortgage on his paid off house to buy a second home. So yes, I do know what happened to him to get to this situation- he told us.

        Since you seem to personally know Mr. Hull, could you please answer the question of where the $250K he got out of his house went? What happened to the second home? Here is/was the second home?

        Thank you for the additional information. I will check back to this forum for your answer.

        I wish Mr. Hull the best in his future, whether it be in an apartment of his second home. But I find it inexcusable that he is planning to run up my property taxes with this stunt. The police which are going to evict him (just like Rosemary Williams before him) get paid out of my and the other taxpayers pockets. I would much rather have that money so I could direct it to either getting myself out of debt, or directing it to a charitable cause.

      2. blah says:

        Well Mark, I have not heard from you so I assume that you have nothing else to say and admit that Mr. Hull simply over extended himself.

  10. Jake says:

    @ Mark — if the house was paid off, then Hull borrowed $250K against it, and can’t make the payments, GUESS WHAT — HE LOSES THE HOUSE. He put up his house as collateral against a HUGE LOAN. Can’t get any more STUPID THAN THAT. Maybe Hull should have read the FINE PRINT when he signed for that HUGE, STUPID LOAN that is burning him to a crisp right now. Soddy, grasshopper, sometimes you have to learn the hard way regarding personal finances. If the bank doesn’t HAVE to negotiate, because of the terms of the loan, then they are NOT at FAULT. Hull put the rope around his OWN neck, not the bank. If he can’t stop the hangman from pulling the lever, that is HIS FAULT, not the bank’s, not the politicians, not the taxpayers. He should have bought silver or gold instead, he would be a lot better off.

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