One day late with mortgage payment, gas station owner could lose business to foreclosure

Categorized | STOP FORECLOSURE FRAUD

One day late with mortgage payment, gas station owner could lose business to foreclosure

One day late with mortgage payment, gas station owner could lose business to foreclosure

“All the people that understand anything about mortgage foreclosures need to know this stuff,” Circuit Judge Amy Williams said in court. “This is the idiocrasy of this stuff. This is why we’re in a worldwide financial crisis because there’s no business sense any more in the foreclosure industry, none. And it blows my mind. Totally blows my mind.”

St. Pete Times-

Saji Mathew missed the Oct. 12 mortgage payment on the Mobil gas station he co-owns.

On Oct. 13, he took the money to the bank, thinking that would make things right.

He tried to make his November and December payments as well. But each time, BB&T kicked back his money.

[ST. PETE TIMES]

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