Think banks know what they are doing? Think again!
Corliss Gittens took out a mortgage in 2000 on a home she purchased from her parents. Her loan was quickly sold several times and ended up with a company that was then acquired by Washington Mutual, which was eventually acquired by Chase. At some point, her loan records got lost and Chase was force to admit (by a judge) that they couldn’t prove they owned her loan.
So Corliss’ loan was dismissed and her home was awarded to her fee and clear.
Ineptitude | admin May 8, 2010
