Saturday, May 23, 2009

100+ Rescued Animals Face Foreclosure From RI Farm; Owner Says Servicer Screw-Up When Mortgage Was Sold Led To Failure To Properly Apply Loan Payment

In Glocester, Rhode Island, WPRI-TV Channel 12 reports:
  • A Rhode Island farmer who helps abandoned and even tortured animals may have lost the fight and is now facing eviction. Dan Mackenzie's foreclosure deadline ended without an extension, leaving him and more than a hundred rescued animals on the edge of eviction or worse. "A lot of them are old, crippled, abandoned, abused, diseased," says Mackenzie. He paid his mortgage on Bonniedale for eight years but when the note was sold, the new bank didn't get the payments and the foreclosure was underway and unstoppable.

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  • He raised almost enough for a down payment on a re-finance. But now he needs a new bank or an extension from his old bank. "We need help plain and simple." He thinks the eviction could come any day and that most if not all the animals would go to slaughter.

For more, see Farm faces eviction, animals at stake (Owner fears all animals will be slaughtered).

See also, Farm helps animals in need, seeks help (A confusing paper trail that connects a well-known local farm to three banks and a potential foreclosure. Stuck in the middle is the owner and about 100 animals. Now, his neighbors are trying to help.).

For other posts on animals facing foreclosure, go here, go here, and go here. ForeclosurePetsAlpha