Why more widowed homeowners are struggling to prevent a foreclosure - FORECLOSURE FRAUD

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Why more widowed homeowners are struggling to prevent a foreclosure

Why more widowed homeowners are struggling to prevent a foreclosure

LA TIMES-

When Jesus Sequeira’s wife, Yadira, died in 2008 from lung cancer, times soon grew tough.

Sequeira said his income plunged, leaving him unable to pay the mortgage on the couple’s Canyon Country home when payments more than doubled a year later.

Sequeira hoped a loan modification might save him, but there was a glitch: Even though he was listed on the title, only his wife was on the mortgage note — a setup Sequeira said a Countrywide Financial employee suggested given her superior credit.

[LA TIMES]

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