Blackstone Group buys house at auction from a Homeowner in wrongful foreclosure

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Blackstone Group buys house at auction from a Homeowner in wrongful foreclosure

Blackstone Group buys house at auction from a Homeowner in wrongful foreclosure

NOW we all should know by now, that where there is one …there are many.

How is this still happening?

 

Orlando Sentinel-

South Orange homeowner Francisco Molina thought his house troubles were over a few months ago.

The survivor of two heart attacks lost much of his wages and almost lost his house, but he was able to renegotiate his mortgage only days before the four-bedroom home was to be sold at a government auction.

That’s when things tumbled downhill: The Orange County court system mistakenly sold the house in July, even though a judge had canceled Molina’s foreclosure. The courts tried to right the wrong by overturning the sale. But the buyer — investment giant Blackstone Group — said it never got word. So for months, Blackstone’s Invitation Homes subsidiary tried to get Molina out of his home.

[ORLANDO SENTINEL]

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One Response to “Blackstone Group buys house at auction from a Homeowner in wrongful foreclosure”

  1. Sarah says:

    Blackstone. A lot of powerful people there, some of whom have a big affect on the news including being considered the “good guys” in these troubling times. Ridiculous, Blackstone has been profiting off of a wave of disaster like any other “investment” giant. Hopefully this inconvenient publicity will help Molina win a small victory vs the monster.

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