Monday, October 10, 2011

Couple faces foreclosure because "right" lender never received mortgage payments

This is not exactly an “identity security” situation, maybe a debt one, though. A family (Brian and Khanklink Pyron) in Houston may face foreclosure after making all its payments on time to Bank of America, the lender. The problem is that the title company, through whom BofA was supposed to pass payments to Wells Fargo, went under, and nobody told the homeowners. The Huffington Post story and video is (website url) here

In Massachusetts, someone faced foreclosure over a missed zero payment (does that make sense), and in Florida a similar situation occurred over a $4.70 fee.  

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