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Tuesday, January 31, 2012

Homeowner Wins Back Her House After Fighting Foreclosure


Karen Mena managed to get a foreclosure on her San Bernardino home rescinded. But she continues to negotiate with Bank of America over loan terms and could still lose the house.

Foreclosure commonly represents the end of a struggle. A borrower can't pay a mortgage, loses a home and moves on.
But Karen Mena, a 38-year-old county worker, never gave up. Mena fought even after her San Bernardino home was no longer hers. And she won the three-bedroom house back — at least for now.

2 comments:

Anonymous said...

This story is rediculous. This woman used her house as a piggy bank and now does not want to/cannot pay it back. 100k morphed into a 250k loan.

Anonymous said...

And within 6 months, it'll be in the foreclosure process again. What's wrong with people honoring the contracts they've signed on the dotted line?