Lender's 40 Cent Posting Error When Deducting Automatic Payment From Bank Account Leaves Homeowner In Fear Of Foreclosure

In Lee County, Florida, WINK News reports:

• In the middle of the multi-billion dollar foreclosure crisis, there's a southwest Florida family that could lose their house over a 40 cent mistake. According to the homeowner, that mistake was his lender's fault. "I'm fearful to send them more money," said the homeowner, who is also afraid of losing his job for talking about the situation publicly. "Mark" said he modified his mortgage to match his lower income after a layoff and thought everything would be alright, until his lender took an automatic payment incorrectly. "They posted it 40 cents short ... three weeks later we get a letter saying you've missed your payment so you're out," said "Mark".

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• [Local foreclosure defense attorney Carmen] Dellutri said his phones are ringing off the hook with homeowners just like "Mark" who think they've resolved their mortgage issues.

For more, see Foreclosed Over 40 Cents? (Homeowner says mistake was lender's fault).