[jdsteel]

I have never heard of this and find it hard to believe. Simply producing proof of payments with bank checking account evidence would be super simple. No old guy yelling in court needed. Bank owned properties are a nightmare for the bank. They hold assets they don’t want, have to pay to somewhat maintain and sell below market value.

I have an abandoned property next to a house of mine and we waited months until the bank was able to take ownership and finally stop the degradation of the yard and structure. There are still broken windows to be boarded up.

[trebb]

Yep - hard to believe one would not have proof of payment and that it would be insufficient to keep an entity from "not applying the payments" and then stealing the property.

Weirder things have happened under our government but this should be a non-issue unless there are other factors that haven't been put under the light.

[\/\/ayne]

I have never heard of this and find it hard to believe.

Call up your local State Attorney and ask if it happens. The mortgage service industry as a whole lost 25 billion dollars and they are still doing it. You might not want to believe me but would believe 25 billion dollars?

Your skepticism is precisely why I mentioned nobody believes the old guy in court.