Saturday, January 21, 2012

Foreclosure nightmare

http://money.cnn.com/2012/01/18/real_estate/foreclosure_homes/index.htm?iid=HP_LN

This article is about three different families that have faced horrible trouble with their mortgage. The families all had loans out with different companies either going bankrupt or having difficulty tracking down payments. If a person has been making their payments, they should not be flagged and be told that they are not the owners of their home. I don't think that it is right for the bank to kick a person off the HAMP program because they make payments too early. It is very interesting to read these horror stories and how the banks mess up.

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