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Loan Modification

: Mortgage Lender Implode-o-Meter

Man Who Had No Mortgage Faced Foreclosure Anyway

By Implode-Explode Heavy Industries

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Jason Grodensky paid cash for a South Florida home last December. With no mortgage and full ownership, he had no fear of foreclosure.

And yet, Bank of America foreclosed on the house seven months later, according to the South Florida Sun Sentinel. The court-ordered foreclosure took place July 15.

Full post as published by Mortgage Lender Implode-o-Meter on October 08, 2010 (boomark / email).

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