Tuesday, April 26, 2011

New Twist to Story of Homeowner

On Sunday, I blogged about a homeowner who had done nothing wrong, but nevertheless, was facing foreclosure because of the actions of the previous lender.  Now, a not-too-surprising twist to the story.  The bank that bought Mr. Williams' home, Harris Bank, sent someone to change the locks on Mr. Williams' home (which, oddly, was "sold" at a sheriff's sale by a Harris subsidary, Amcore Bank).

"They invaded my privacy - they broke into my house," Williams said. "You can't just walk into somebody's house and change the locks - I'm just shocked."

Unfortunately, during this foreclosure crisis, this kind of mistake happens far too often, with some banks being so notorious that it actually was one of the reasons why a moratorium on foreclosures was placed in many states.  Mr. Williams, unfortunately is "lucky" that nothing was stolen or damaged during this lockout.

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