Some call it a trap that has taken away the homes of widows and surviving family members. Battling two different types of cancer, Alice Reding feels like she’s battling a third cancer, her mortgage servicer. Attorney Eric Mercer calls the issue a national problem affecting surviving family members trying to get loan assistance. “Commonly they’ll (lenders) refuse to speak to the person at all, because they’re not the name on the loan,” Mercer said. Mercer has filed a class action lawsuit against Chase on Barbara’s behalf. She is hoping Chase will buy back her home which is currently on the market, so she can move back in and resume the payments.
To read the full article, click here.