Posts with tag bank error foreclosure

A shocking number of U.S. homeowners who had foreclosure proceedings brought against them by the biggest mortgage companies during the housing bust nearly lost their homes because of a potential banking error, The Huffington Post reported. Nearly a third of foreclosed borrowers, or 1.2 million, in 2009 and 2010... Continue Reading »

When Shantell Curtis sold her Vernal, Utah, home last year, she expected, as a reasonable person might, that she'd paid her last mortgage payment on the house. But her lender, Bank of America, thought differently, according to KUTV 2News in Utah. Because of a $1 "coding error" on the bank's part, the title to Curtis' home... Continue Reading »