First to call BS.
Instead of working with customers to the benefit of both, banks have turned into thugs, trying to maximize quarterly profits. That this behavior destroys their customer base and lower housing prices is not accounted for. It is suicidal.
You hear about this stuff happening and are usually incredulous that it does happen.
Is it any wonder that consumer faith in lending institutions is in the crapper?
I would be posting this on elance.com for legal help offering a hefty bonus collected on punitive damages.
You should have bought the Trucoat!
Either this is fake, or they had a law firm seriously trying to steamroll them with no regard for the consequences. Motions for summary judgment are supposed to served to the opposing party, usually weeks in advance of any court date to allow for a response time. Upon learning this a judge should just deny the motion on those grounds, maybe do something to the law firm for trying to pull one over on him. A complaint to the state bar for this might result in sanction for the firm.
Multiply the problem by how many different people/computers are involved and you end up with total chaos.
I read an article earlier today on just this thing. The service companies are predatory and out to soak the owners for every dime they can get.
There are a lot of FR members who would say that all this is perfectly all right, since everything was done in accordance with the law.
I know mortgage companies make mistakes, have idiots answering the phones, have endless phone menus, etc....
but, I just don’t believe this story, without more proof.