Friday, July 27, 2012

Lender Admits Illegal Foreclosure, Rescinds Sale, Then Continues To Refuse Loan Modification Payments & Begins Foreclosure Process Again

In Lansing, Michigan, WLNS-TV Channel 6 reports:

  • One local woman says banks have tried to foreclose on her twice in one year, despite having a loan modification and making payments on time.

    After partnering with Ingham County Register of Deeds Curtis Hertel Jr. and Legal Services of South Central Michigan, the homeowner was able to stay in her home following the first foreclosure attempt.

    "The bank admitted they had illegally foreclosed on my home," says the woman, who does not want to be identified.

    "They admitted in a sworn statement that they filed with the register of deeds that they were wrong, that she had a loan modification," says Perry Thompson, lawyer with Legal Services of South Central Michigan. "They rescinded the sheriff's sale. Nothing has changed. She still has the loan modification, they still won't take payments and they're foreclosing again."

    So far, Thompson has been able to get a temporary restraining order against the company trying to force the homeowner from her home. They will return to court in late July to try and make the restraining order permanent.

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