Truemors
The Field Asset Services (FAS), a company that works together with lenders and banks to prepare homes that are in foreclosure for sale, has hit the wrong unit on a condo in Stockton, CA. FAS was supposed to inspect the unit 232, and instead they entered and re-keyed unit 2 where Ruth Anderson lives.
Ruth Anderson said that when she came home from work there was a notice on the door and she could not get in as locks have been changed. The notice said that her unit had been purchased by a bank at a foreclosure auction, so she decided to call the police.
When entering the condo unit a surprise, her condo was upside down and many valuables were taken off. FAS admitted the mistake, but could not explain why valuables were missing.
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at 08:03 on May 16th, 2008
Many of these home mortgages were resold so many times that it can take months to determine who is actually the lender. This type of thing is sure to happen many times in the future.