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wrongly put into foreclosure (Real Estate & Property Law)

Sat, 19 Jul 2003 12:18:00 GMT

What is the name of your state? California
My home loan went into foreclosure back in Dec 2002 and I had to refinance my home to avoid losing it. I just found out today when I contacted my old lender that I should have never been in foreclosure... They didn't post two months of my mortgage payments. In Sept I made two payments to catch up my loan, in October they refushed to accept anymore payments. I refinanced my home and had to pay 15,000 plus I ended up with a really bad loan due to me being behind on my mortgage. I paid foreclosure fees, and not to mention the stress that my husband and I went through believing tha we were losing our home. This foreclosure stuff in currently on my credit and I've been told today, and they will ammend my credit report. I want to sue them for the cost of me having to refinance, the 2 mortgage pmts that they never posted, the foreclosure fees, the bad loan that I am in now is 300 more a month - then my old loan. I also have a 3% pre pay penalty and I am in escrow - selling my home. As well as the stress that our family went through. The listed our house and we had our neighbor coming over because they saw that we were losing our home. people sending letter and coming over trying to buy our home. It was truly embarrasing and stressful not knowing how we were going to save our house, that was in foreclosure. Can I sue? And what are my chances. I am sooooo angry right now. We are trying to buy a new house and were told that we couldn't for the last couple months, because of the paid after foreclosure began on our credit report. I know that is long - sorry.

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  • Sun, 20 Jul 2003 13:56:00 GMT(1)
  • Quote:

    Originally posted by tyffany229
    They are located in Ohio. Can I sue them for expenses I incurred due to me wrongly being put in foreclosure. I never would have had to refinance my home. I am in a really bad loan now.


    *Unfortunately this is prevalent everywhere now. Just thought you might like to know that you are not alone. There is a story similar to your's at the following site. Perhaps it will help:
    www.charityadvantage.com/SPOCH/ReadingRoom.asp
    Its a very good 16 page document that I have printed off to help my clients that are facing foreclosure or who have had a similar experience as your's.
    Just so you know, you CAN sue. Talk to an attorney in your area and then come back and let us know what happened.*
  • Sun, 20 Jul 2003 13:01:00 GMT(2)
  • They are located in Ohio. Can I sue them for expenses I incurred due to me wrongly being put in foreclosure. I never would have had to refinance my home. I am in a really bad loan now.
  • Sat, 19 Jul 2003 12:34:00 GMT(3)
  • Who is the lender and where are they located?
    Oddly enough, something similar was happening to a private investigator I know. However, the P.I. was able circumvent the trajedy you have experienced by communicating directly with the CEO of the lending company at his home.
  • Sun, 20 Jul 2003 12:59:00 GMT(4)
  • Chase Manhattan Mortgage. I had my loan with them for two years prior to this happening.
  • Sun, 20 Jul 2003 09:24:00 GMT(5)
  • Quote:

    Originally posted by gotocourt
    Who is the lender and where are they located?
    Oddly enough, something similar was happening to a private investigator I know. However, the P.I. was able circumvent the trajedy you have experienced by communicating directly with the CEO of the lending company at his home.

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