Loan Servicer Loses Mortgage Payoff Checks From Short Sale Of Home; Begins Foreclosure On Former Owners

WNYW-TV Channel 5 in New York City reports:

• A couple who fell on hard times was forced to sell their home for less than they owed on the mortgage just to avoid a credit disaster. But then their mortgage company lost the checks from the sale of the home and started foreclosure proceedings -- on a house they don't even live in anymore.

For the report, see Couple Faces Foreclosure on House They Sold.