bank of america foreclosure freeze: And Just When You Thought it Couldn't Get Worse...
- 10/13/10 05:10 AM
Banks are at a standstill in the foreclosure process, delaying the inevitable on some cases and hopefully saving some fortunate homeowners in other circumstances. A simple missed payment can get logged into the books incorrectly with the result of the family getting hyper sped into the foreclosure drama with the bank refusing to accept payment. There's a local case here in Ventura County where the family has refused to accept the bank's unloading of their property to a local LLC that in turn sold it to a buyer who has already performed upgrades and remodeling. The original homeowner has changed the … (1 comments)
Banks are at a standstill in the foreclosure process, delaying the inevitable on some cases and hopefully saving some fortunate homeowners in other circumstances. A simple missed payment can get logged into the books incorrectly with the result of the family getting hyper sped into the foreclosure drama with the bank refusing to accept payment.
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