Monday, October 13, 2008

Mississippi Homeowner Files Suit Accusing Freddie, Fairbanks Of Bad Acts; Loses Home To Foreclosure Despite Having Been Given Payment Plan, She Says

In Hattiesburg, Mississippi, the Hattiesburg American reports:
  • A Forrest County woman claims Freddie Mac, the federal home mortgage corporation, unlawfully foreclosed on her property. Lisa Willis said [it] failed to return the property to her after she received a financial settlement from the corporation and agreed to a deferred payment plan on her mortgage, according to court documents filed Tuesday in U.S. District Court in Hattiesburg. Court documents state that Willis' home loan was serviced by Fairbanks Capital Corp. on behalf of Freddie Mac.

***

  • Willis claims in the lawsuit, which represents only one side of the issue, that Fairbanks Capital Corp. imposed and collected "unnecessary and excessive fees and charges not authorized by the loan documents or by applicable law." [...] Willis said in the lawsuit that the foreclosure should be set aside and the property titled in her name.

For more, see Woman files lawsuit against Freddie Mac.