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IPFS News Link • Housing

Old mortgages rise from the dead, haunt homeowners

• Reuters
their old loan, the one Wells Fargo told them was paid off, would resurrect itself, trashing their credit report, scotching their son's student loans and throwing the whole family into foreclosure. All, they say, even though they didn't miss a single mortgage payment.

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Comment by Dennis Treybil
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 http://www.reuters.com/article/2012/01/26/us-usa-housing-mortgage-reincarnation-idUSTRE80P0SJ20120126  Story can be found here.



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