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Updated over 10 years ago on . Most recent reply

User Stats

48
Posts
9
Votes
Terry Hoefer
  • Investor
  • Waukesha, WI
9
Votes |
48
Posts

Bank's list of defendants (third parties) on complaint for forclosure.

Terry Hoefer
  • Investor
  • Waukesha, WI
Posted

My friend is facing possible foreclosure on his home. The bank filed, but has not yet served to him and/or his wife. He checked on c-cap and saw listed as defendants, along with him and his wife, two other financial entities, prior to him buying the property. These others are from Feb '08, my friend bought the property May 09 with FHA. He never heard of these others and had no liens on his house for anything. The odd thing(s), are when he called the bank, the two names they had both matched his wife's first name. One had the first and last name, but a different middle initial. When my friend asked the bank, they said he would have to call their atty to figure it out. Meanwhile they said they "paused" the foreclosure because he filed for a loan modification. We were going to work something out with him if possible, but this new information has all of us puzzled? Anyone with this experience?

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