Utah Homeowner Acknowledges Gullibility By Trusting BofA In Applying For Loan Modification

In Layton, Utah, KSL-TV Channel 5 reports:

• More than 32,000 homes in Utah received a foreclosure notice last year. A lot of those foreclosure notices went to people who thought they were meeting all of the lender's demands while they were following the procedures to apply for a loan modification. One of those people is Steve Curtis, the mayor of Layton.

• Two weeks before Christmas, Curtis came home and found a foreclosure notice taped to his door. It said his home would soon be put up for auction -- even though he had never missed a mortgage payment. This was just one of the many nightmares Curtis encountered by applying for a trial loan modification.

• "Naturally our trust was with the bank," he said. "We saw no reason why not to trust. Call it gullibility or whatever." Curtis says he was stunned to see the foreclosure notice on the home he has lived in for 14 years. "It was very painful," he said. "Nobody should have to go through that. Nobody."

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• To further illustrate what a mess the whole process has been for the Curtis family -- just two weeks ago they received an e-mail stating that they are not eligible for a loan modification because their loan is in active litigation. But the only reason the loan is in litigation is because Bank of America wrongly foreclosed.

For more, see Layton mayor shares story of wrongful foreclosure.