Tuesday, June 10, 2008

Homeowner In Foreclosure Struggles Through Maze Of Legal Complexities In Attempt To Save Home

In Robertson County, Tennessee, The Tennessean reports on a four year ordeal experienced by a local homeowner who learned the hard way how difficult it is to straighten out mortgage problems, given the complexity of how mortgages are originated, sold (and resold), and serviced (and how servicing rights can be sold and resold). His problems began in 2004, when he refinanced his home loan with Ameriquest.

For more, see Borrowers who get behind struggle to regain footing (Homeowners who deal with foreclosure often face a tangled web of legal fights).