Wednesday, September 21, 2016

Another Loan Servicer Screw-Up: 71-Year Old Homeowner With Perfect Record For Making House Payments Almost Loses Home To Foreclosure Anyway; Calls Local Media Troubleshooter To Intervene, Straighten Out Problem

In East Palo Alto, California, KGO-TV Channel 7 reports:
  • Making timely house payments should protect you against foreclosure. However, a South Bay woman with a perfect payment record still got the scare of her life.

    Carolyn White, 71, paid her mortgage on time every month, but when her mortgage company was bought out she was threatened with the loss of her East Palo Alto home due to a computer glitch.

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