Can you image how it would feel if your mortgage company sent the sheriff to evict you from your home, if you knew you were current and had the paperwork to prove it? One woman can tell you.
The case made the nightly news in Nashville tennessee, and the mortgage servicer was Saxon Mortgage. Unfortunately for Saxon and parent company Morgan Stanley, the story was escalated to national news status after Google News picked up the outrageous story.
The mess up comes one week after Saxon made the news with a self-serving article about how they are hiring ‘up to thirty people’ to keep up with the workload.
Apparently thirty people will not be enough. Here is the TV station report about Saxon and foreclosure of an innocent person.
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This article, Have statements, loan paid to date, accidently foreclosed, is just one of our articles from our Mortgage Crisis Daily
The Subprime Mortgage Crisis Before, During, and After
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