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Loan Modification
: Mortgage Lender Implode-o-MeterFaced with foreclosure -- for paying her mortgage early
By Implode-Explode Heavy Industries
A popular mistake seems to be foreclosing on the wrong home and then only offering a grudging apology later - of course not until after having thrown some innocent homeowner's possessions onto the sidewalk and locking everything up tighter than Fort Knox.
It's a hard act to top, but Bank of America appears to have succeeded in the case of a 70-year-old woman in Florida.
Full post as published by Mortgage Lender Implode-o-Meter on August 26, 2011 (boomark / email).
Media Scores Again; Report Forces BofA Into Quick Backpeddle After Filing Foreclosure On Terminally Ill, Bedridden Senior, Spouse For Paying Too Early
In New Port Richey, Florida, the St. Petersburg Times reports:It looks like Sharon and James Bullington might be able to stay in their home ? for now at least. The retired couple faced foreclosure after paying a January mortgage payment one week early in December to Bank of America...
Faced With Foreclosure for Paying Her Mortgage Early
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In Detroit, Michigan, WJBK-TV Channel 2 reports:A Detroit man is being forced from his home after a foreclosure. His family says the man had been paying a real estate broker for every month for the past five years, but the bank holding the mortgage never got the money...
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Oct. 8 (Bloomberg) — 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...
Will paying off my mortgage affect my credit score
Paying off your mortgage may negatively affect your credit score if it happens to be the only loan that you are paying by installment. However, the actual effect is very small and you could ignore it if you want the peace of mind of having no debt to pay...
How to Stop Home Foreclosure
Bankruptcy can Stop Foreclosure
Whats a Home Loan Modification?
How to Qualify for a Home Loan Modification
Home Mortgages
What to look for
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