Problems like the one below could become the norm in the future. Who's to say after paying off a 30 mortgage you may not even own your home. What seems to count is what the banks say...
Quote:
Warren Nyerges opened his front door in Naples, Fla., to find a scraggly-haired summons server standing on his stoop. He plopped a foreclosure notice from Bank of America in Nyerges' hands. But Nyerges had paid for his house in cash. And he'd never had a checking account, much less a mortgage, with Bank of America
|
.
AP IMPACT: Caught by Mistake in Foreclosure Web - ABC News