Stop Foreclosure Answer

Here is another horror story that I saw in the news recently.

A Florida man lost his home to foreclosure in mid July. The home went to his mortgage company, U S Bank. You won’t believe the reason that this happened. A local judge would not stop the foreclosure.

The man, Jerry Gomez, started having financial challenges when his painting business died in 2008. At the same time his monthly mortgage payment increased. He couldn’t make the new monthly payment and the foreclosure process started.

Jerry had been working with a housing counselor to try to save his home. When the Making Home Affordable Modification Program started in March of this year, they applied for a loan modification.

His request for a modification was approved. He sent his first payment under the modification to U S Bank, his mortgage company. They accepted and cashed it. He sent a copy of the check to the local judge requesting him to stop the sale of his home. The judge denied his request and let the sale proceed.

Representatives from U S Bank worked with Jerry and his housing counselor on the modification. It was totally acceptable to them. They wanted the process to stop. They did not want the sale to take place. Yet the judge didn’t honor their request.

Most probably this is not the end of the story. I would imagine that this will be corrected and Jerry Gomez will be allowed to keep his home.

It’s just another strange thing that can happen during this foreclosure crisis that the country is in.

If you are facing foreclosure and if you feel that you are being zapped by your mortgage company or the system in your attempts to save your home, you may want to get the news media involved. They have been very powerful in alerting the public to what is happening. Normally public outcry can get wrongs corrected. For more stop foreclosure information click here.

Much Success,

Mark Elkins