Kamal Sharman | FORECLOSURE FRAUD | by DinSFLA

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Disabled Man Buys House With Cash, Bank of America Almost Forecloses

Disabled Man Buys House With Cash, Bank of America Almost Forecloses


Here we go…again


Sacramento Bee-

Kamal Sharma almost lost his house in a foreclosure auction the other day. The funny thing is: He doesn’t even owe any money on it.

Sharma’s story – an extreme case even in Sacramento’s chaotic real estate market – shows that lenders continue to make foreclosure mistakes despite extensive publicity and promises to fix problems, which include sloppy paperwork and communication breakdowns.

“There are a lot of people that have been wrongly foreclosed upon,” said Kevin Stein, associate director of the San Francisco-based California Reinvestment Coalition.

Continue reading [SACRAMENTO BEE]

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