Foreclosed Homeowner Allowed To Stay Put Pending Litigation Accusing Wells Fargo Of Blindsiding Family With Home Sale During Loan Mod Negotiations
- Tyree Brown, the homeowner who complained that Wells Fargo Bank blindsided him with a foreclosure during loan modification negotiations, has won the first round in court. District Court Judge Douglas Smith signed a preliminary injunction [], temporarily preventing the buyer from evicting Brown, his two sons and his fiancée from their northwest Las Vegas home.
- JFS Management Group, which made the winning bid on the home at a February foreclosure sale, won't be allowed to take over the house at 1840 Spring Summit Lane and "flip it" for a profit while the case is pending. Brown and the buyer must negotiate a monthly payment amount or Smith will set the payment amount for them.
For more, see Homeowner gets foreclosure reprieve (Company barred from evicting tenant while case is pending).
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