Wednesday, February 29, 2012

Foreclosure Errors in San Francisco

According to an audit of foreclosure cases by the San Francisco assessor, errors were found in 84% of all foreclosures from January 2009 to October 2011. This was of 382 homes foreclosed upon in San Francisco county. Errors ranged from failure to notify the homeowner of the fact that they were in default, usually the first step in the process leading to foreclosure,to transfers of loans from one holding or servicing entity to another, to errors in the MERS process now commonly used by lenders.
Think you were wrongly foreclosed during this period in the San Francisco county area? Call the SF county assessor and ask for info on your property's foreclosure history.
Good luck.

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