Chanel Rosario was supposed to be one of the lucky ones. After years of sending and re-sending documents, waiting on hold and attending court hearings to avoid foreclosure on her Staten Island home, she’d finally received a much-needed reduction on her mortgage. Eagerly, she and her husband signed it and mailed it in last September. “We thought it was over.” It wasn’t. After months of making payments, Rosario called the bank handling her mortgage, Chase Home Finance, and found out Chase was still reporting her as delinquent, damaging her credit score and putting her home in jeopardy. Despite months of trying to get an explanation with the help of a legal-aid attorney, she still doesn’t know why Chase isn’t abiding by the agreement.
Even after mortgage modification, shoddy bank practices hurt homeowners
Most Popular Articles
Latest Articles
Best real estate apps for agents in 2024
Download these top real estate apps to manage your business on the road.
-
Former Keller Williams agents continue their legal actions
-
NAF’s Gatling: Recognize that diverse communities are the norm
-
Buyers are struggling to compete in the white-hot Cincinnati market
-
HUD details funding, policy support for green homes and climate resilience
-
Pending home sales post a modest gain in March: NAR