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Real Estate & Property Law

: The Home Equity Theft Reporter

Loan Transfer Screw-Up Leaves Couple Facing Foreclosure; RESPA Suit Claims Original Lender Failed To Pass Along House Payments To New Mortgage Holder

By r morris

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In Lancaster, Ohio, The Columbus Dispatch reports on local couple Kreg and Audre Smith and the problems they now face due to a screw-up that occurred when their home mortgage loan was transferred from one lender to another:The Smiths aren't rich, but neither did they struggle to make the $876 monthly payment. They arranged for Fifth Third to deduct the money directly from their Chase bank account

Full post as published by The Home Equity Theft Reporter on February 11, 2010 (boomark / email).

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