Bank 'walkaways' from foreclosed homes are a growing, troubling trend
Bank 'walkaways' from foreclosed homes are a growing, troubling trend
Renetta Atterberry thought she had lost her East 102nd Street house. So she was shocked to learn in January -- five years after her mortgage company filed for foreclosure -- that it was still in her name.
Worse, the long-vacant rental home had been vandalized and she faced a raft of housing code violations. Since then, she has been saddled with debts of about $12,000 to pay for demolition and back taxes.
"I thought I had nothing else to do with that home," said Atterberry. "I was so embarrassed and humiliated by this."
Read it all.
Renetta Atterberry thought she had lost her East 102nd Street house. So she was shocked to learn in January -- five years after her mortgage company filed for foreclosure -- that it was still in her name.
Worse, the long-vacant rental home had been vandalized and she faced a raft of housing code violations. Since then, she has been saddled with debts of about $12,000 to pay for demolition and back taxes.
"I thought I had nothing else to do with that home," said Atterberry. "I was so embarrassed and humiliated by this."
Read it all.
posted by t19elves at 1:38 PM
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