Friday, April 8, 2011

Unwitting Homeowner Suspects Monthly House Payments To Escrow Company Are Mysteriously Disappearing, Leaving Her Facing Imminent Foreclosure

In El Paso, Texas, KTSM-TV Channel 9 reports:

  • Last week, an El Paso woman said she's been making mortgage payments through an escrow company, but they haven't been paying the bank. She has just over a week to figure out how to avoid foreclosure.
  • Much has happened since we told you about Yadira Castro's situation. Earlier this month, she got a foreclosure notice, but said she doesn't understand how, if she had been responsibly paying her mortgage through the escrow company that she had used to buy her home.
  • Since the story aired on Tuesday, Castro said the owner of the escrow company contacted her. “She texted me on Friday, saying...for me not to worry about it, that the foreclosure is stopped, that she had already spoke[n] to the mortgage company,” said Castro.
  • But she said she called the foreclosure attorneys and heard something different. “They told me...to call this week to see what's going on, but they haven't told me the foreclosure is stopped or anything like that.” And with the foreclosure date looming, Castro said she's dreading it.
  • I don't want April the 5th to get here because I don't know my reaction, how it's going to be,” said Castro. [...] Meantime, calls to the escrow company [] were not answered.

For the story, see Woman Facing Foreclosure Even Though She's Made Payments.

Go here for the story update.

No comments: