WaMu, Freddie Mix-Up Lands Foreclosed Homeowner On The Street Without Formal Eviction

In Tampa, Florida, The Tampa Tribune reports on a homeowner in foreclosure who, while in the process of attempting a loan workout with Washington Mutual Bank, found that the locks on her home had been changed, her belongings were gone, and the lawn and windows were blanketed with realty signs advertising the home for sale.

• It turns out the lender [homeowner Natalie] Fuentes had been dealing with no longer owned her loan. Without her knowledge, it had been sold to mortgage finance giant Freddie Mac. Washington Mutual remained the servicer of the loan. In a surprise to both Fuentes and the Washington Mutual officials she was working with, Freddie had moved forward with selling the home.

For more, see Who Owns Your Loan? It's Time To Find Out.

Go here for other posts on foreclosure screw ups involving improperly changed locks, removal of belongings, etc. ForeclosureLockOuts