S. Florida Family Recovers Home Lost In Foreclosure; Court Grants BofA's Request To Vacate Sale After Media Shines Light On Another Loan Mod Screw-Up

In Miramar, Florida, the South Florida Sun Sentinel reports:

• A Miramar homeowner who was facing foreclosure, despite securing a loan modification, will be allowed to stay in his house, according to a court ruling made public Wednesday by Bank of America. With less than a week to go before he was to lose his house, Kamberali Shamji learned from bank officials that the foreclosure sale of the home has been vacated by court order.

• "We are so thankful," said Shamji, whose case was the focus of a Sun Sentinel article on Sunday about homeowners who thought they had saved their homes by modifying their mortgages only to lose them because the foreclosure process never stopped. He had battled the bank, but he was unable to convince the lender to take action until he contacted the newspaper.

• Bank of America said it had tried to stop the sale before it took place. In the wake of the story, the lender asked the investor who owned the loan for consent to get the sale vacated. That took place Monday, said Bank of America spokeswoman Jumana Bauwens. [... Shamji] said he intends to make his next payment and as long as he is current on the loan, Bank of America's Bauwens said the modification will continue to be in force.

For more, see Miramar man gets home back after nearly losing it to foreclosure (Foreclosure sale reversed).

For the initial Sun Sentinel report on this story, see Those with loan modifications still lose to foreclosure.