Lily Diaz Tries To Sell Home Only To Find Wells Fargo Foreclosed On It (VIDEO)

. . .



You can pause intro music down below...

Lily Diaz Tries To Sell Home Only To Find Wells Fargo Foreclosed On It


Piggybankblog posted on 09/08/12

Cross linked with

These days, the process of selling a home is hard enough. Now imagine selling one you thought you owned but did not.

That’s what happened to Lily Diaz, a California woman who got two offers on her house, only to find that Wells Fargo had actually foreclosed on the home, according to CBS Los Angeles. Diaz says the foreclosure must have been a mistake because she has paperwork indicating she completed a loan modification with Wells Fargo in January, and has made her monthly payments in full since.

Wells Fargo called Diaz to straighten things out, but the home still can’t be sold until the mix up is settled, according to CBS Los Angeles.

Unfortunately, mistaken foreclosures aren’t a rarity. In fact, the nation’s five biggest lenders agreed in February pay $25 billion in part to settle allegations of robo-signing or foreclosing on homes without fully vetting the paperwork. In addition, the ranks of homeowners that fell victim to mistaken foreclosures were swelling as of 2010, according to an Associated Press report at the time.

The issue has become so widespread that federal regulators unveiled a plan to allow homeowners in foreclosure in 2009 or 2010 to have their foreclosures reviewed to see if there was a mistake, according to the Wall Street Journal.

The problem didn’t end then. Just earlier this week, it was reported that subcontractors hired by Wells Fargo ransacked one couple’s home after foreclosing on it by mistake. That bank isn’t the only guilty party. Bank of America foreclosed on a Florida couple last year, even though they didn’t even take out a mortgage, according to 


My name is John Wright AND I AM FIGHTING BACK!

All Rise! The Honorable Judge Wright has left The Courtroom of Public Opinion!


Follow John’s Daily Blog

Register to be part of my blog



Your donation makes a difference in my life.



PRIVACY NOTICE: Warning – any person and/or institution and/or Agent and/or Agency of any governmental structure including but not limited to the United States Federal Government also using or monitoring/using this website or any of its associated websites, you do NOT have my permission to utilize any of my profile information nor any of the content contained herein including, but not limited to my photos, and/or the comments made about my photos or any other “picture” art posted on my profile.

You are hereby notified that you are strictly prohibited from disclosing, copying, distributing, disseminating, or taking any other action against me with regard to this profile and the contents herein. The foregoing prohibitions also apply to your employee , agent , student or any personnel under your direction or control.

The contents of this profile are private and legally privileged and confidential information, and the violation of my personal privacy is punishable by law. UCC 1-103 1-308 ALL RIGHTS RESERVED WITHOUT PREJUDICE






You can be the first one to leave a comment.

Leave a Comment

You must be logged in to post a comment.