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Owners Lose Possessions After Home Near Twentynine Palms Is Mistakenly Foreclosed
losangelos.cbslocal.com ^ | 9-5-12

Posted on 09/06/2012 9:46:03 PM PDT by rawhide

click here to read article


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To: Charles Martel
I think Mike would be more helpful.

Mike got whacked last week.

61 posted on 09/07/2012 5:32:07 AM PDT by Moltke ("I am Dr. Sonderborg," he said, "and I don't want any nonsense.")
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To: rawhide

I have an idea??? What if everybody with a mortgage with WF stopped paying their notes until the company made these people whole, if that is even possible. What do the people want?


62 posted on 09/07/2012 5:49:10 AM PDT by OldEagle
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To: windcliff; stylecouncilor

ping....


63 posted on 09/07/2012 5:53:45 AM PDT by onedoug
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To: lurk

“Ka Ching”?

There are things that can’t be replaced. Anyone who’s lost their house to a fire will tell you that the pain never goes away.

Most of what we have can be replaced. But not my kids’ baby clothes, the photographs, my grandmother’s vanity or my husband’s great-uncle’s desk. Money can’t replace everything.


64 posted on 09/07/2012 6:06:17 AM PDT by Marie ("The last time Democrats gloated this hard after a health care victory, they lost 60 House seats.")
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To: Jonty30

“Or took it back to Mexico.”

Yeah, to keep all those stolen vehicles company.


65 posted on 09/07/2012 6:14:25 AM PDT by PLMerite (Shut the Beyotch Down! Burn, baby, burn!)
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To: Born to Conserve

Agreed, my settlement would not be monetary!


66 posted on 09/07/2012 6:26:41 AM PDT by nobamanomore
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To: Born to Conserve

Agreed, my settlement would not be monetary!


67 posted on 09/07/2012 6:28:16 AM PDT by nobamanomore
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To: TEXOKIE
Hope is cruel when it is placed in the wrong things. In this situation everyone around these people is adopting a "sucks to be you" attitude.

they sound like honest, simple people. They will be preyed upon.

68 posted on 09/07/2012 6:48:00 AM PDT by hopespringseternal
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To: rawhide

Wells Fargo is without a doubt the worst excuse for a “bank” in the history of this planet. It’s a completely incompetent organization.


69 posted on 09/07/2012 7:29:00 AM PDT by Rum Tum Tugger
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To: Rum Tum Tugger

Agreed, and WF’s merger with Wachovia only increased the suckage exponentially.


70 posted on 09/07/2012 8:31:16 AM PDT by Charles Martel (Endeavor to persevere...)
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To: sigzero

They need to pay through the nose bigtime.


71 posted on 09/07/2012 8:44:34 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
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To: Jonty30
That’s the question I have. Even if the bank honestly thought that the house was to be foreclosed upon, the possessions would then be auctioned off to help pay off what might be still owed on the mortgage.

I doubt it. AFAIK, the house mortgage is legally secured by the house, not whatever possessions of yours they can find lying around. They can't repo your car or come to your office and take your briefcase or your shoes. Whatever shortfall might exist after a repo and sale they'd have to sue you for. Landlords can sell your stuff if they lock you out for non-payment, but I don't believe that applies to mortgage holders.

72 posted on 09/07/2012 9:47:37 AM PDT by Still Thinking (Freedom is NOT a loophole!)
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