MONEY: Accidental Foreclosures?

http://www.doughroller.net/mortgages/handle-accidental-foreclosures/

How To Handle Accidental Foreclosures
by Michael

*** begin quote ***

Foreclosure With millions of foreclosures reported in 2009, the possibility of a bank foreclosing on the wrong house becomes more and more likely. Every year, hundreds of homes are targeted for accidental repossession by banks and the result can mean embarrassment, property damage and lost possessions for the rightful owners.

*** end quote ***

Wow, never thought of this. It’s logical. With all sorts of papers flying about, clerical errors are bound to occur.

But, I would NOT call them “accidental”. They were deliberate.

Fraudulent, maybe.

I’d probably try to make an initialism that worked with:

Foreclosure Under C…. K….

No, what starts with a C and a K?

# # # # #

One thought on “MONEY: Accidental Foreclosures?

Please leave a Reply