My loan is no own by Freddie Mac or Fannie Mae, and I got served yesterday , what can i do to buy some time until the end of the month and be able to move all my stuff before they lock it. thank you
tell them to “produce the note”. They CANNOT foreclose on you if they cannot prove they actually own the mortgage.
It is possible that if your loan got sold the loan paperwork is messed up. It is even possible that the bank who says it owns the note, actually doesn’t.
Find a lawyer, if you can afford it, and ask about it.
There is some fraud going on in all of these foreclosures, so you might want to look into this anyways.
Barring that, simply ask for some time to get everything out.
Remember once they change the locks, your stuff is THEIR stuff, as they can legally sell it to recoup some of the money you borrowed.
One Response to “West Georgia National Bank Own My Loan, How Can I Stop Foreclosure ?”
January 19th, 2010 at 7:56 pm
tell them to “produce the note”. They CANNOT foreclose on you if they cannot prove they actually own the mortgage.
It is possible that if your loan got sold the loan paperwork is messed up. It is even possible that the bank who says it owns the note, actually doesn’t.
Find a lawyer, if you can afford it, and ask about it.
There is some fraud going on in all of these foreclosures, so you might want to look into this anyways.
Barring that, simply ask for some time to get everything out.
Remember once they change the locks, your stuff is THEIR stuff, as they can legally sell it to recoup some of the money you borrowed.
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