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Real Estate & Property Law

: The Home Equity Theft Reporter

Loan Servicer Loses Mortgage Payoff Checks From Short Sale Of Home; Begins Foreclosure On Former Owners

By r morris

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WNYW-TV Channel 5 in New York City reports: A couple who fell on hard times was forced to sell their home for less than they owed on the mortgage just to avoid a credit disaster. But then their mortgage company lost the checks from the sale of the home and started foreclosure proceedings -- on a house they don't even live in anymore.For the report, see Couple Faces Foreclosure on House They Sold.

Full post as published by The Home Equity Theft Reporter on January 30, 2009 (boomark / email).

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