Fraudclosure: Bank ‘Error’ Nearly Causes Veteran, 91, to Lose Her Home to Fannie Mae (VIDEO)
Bank error nearly causes veteran, 91, to lose her home
Last year, Chase Bank refused Mrs. Wilson’s mortgage payments because there was an escrow problem — and not of her making. Her proof of insurance was never passed on by the branch bank to the mortgage division. That triggered a default, so her home was sold to Fannie Mae, and she can’t take surprises.