I found this blog entry and had to pass it on. It’s amazing what these corrupt criminal organizations we call financial institutions try to and can get away with.
CountryWide goes Kafka – a First Person Narrative
… this is a little story that happened to my wife and me, only a few weeks back, and I think it provides a bit of an illustration about how the economy works, or doesn’t, in these post-Housing Bubble days. Its an absurd story, it makes no sense whatsoever, it cannot possibly happen in a civilized country, much less one that calls itself capitalist, but every word is true. So here goes…
My wife, deep into her third trimester of pregnancy, went out to run some errands with my mother and a family friend. It was pouring, and when they got back to the house, they saw a piece of paper stapled to a little tree at the end of our driveway. It was a notice from the Sheriff’s Department that our house was going to be auctioned off on October 1st.
Now, obviously it had to be a bad joke. After all:
- We had only bought the house the previous year and were about two months ahead on our mortgage.
- The plaintiff was CountryWide, which is not the company with which have a mortgage.
- The name of the defendant from whom the home was to be foreclosed was not the legal owner of the house – that is to say, my wife or I. In fact, the name of the defendant was similar to the name of the previous owner of the home, but the spelling was definitely off.
- From what we heard of Sheriff’s auctions, notices tend to be left on the door. Not stapled to a tiny little tree in the pouring rain.
But when my wife checked the Sheriff’s site on-line, it turns out that, indeed, our home was slated to be auctioned off on October 1st.
There is a happy ending to this story, but how many others are out there that don’t end happily?
