When a mortgage company starts foreclosure proceedings when it has no legal right to so, or when it fails to comply with the legal requirements for foreclosing, such as providing proper notice to the borrower, it has committed wrongful foreclosure. When this happens,...
Today, numerous mortgage companies such as Bank of America, Wells Fargo, Citi or Chase often make mistakes. It is not unusual for mortgage companies to lose payments or fail to properly apply payments, or for some other reason falsely accuse the borrower of defaulting...
