Today's World News is a site for the people to know what is exactly going on in the news and the world today. Being there is so much hype and propaganda going on these days. This site will add several links so the viewer can research and see the actual news for themselves. Lord knows main stream won't do that for us. Check the links for yourselves. If you find more. By all means. Please share them so they can be added here.
NEW YORK (CNNMoney.com) -- Renting a home that is going through foreclosure? If so, don't be fooled: Lenders can't kick you out; they have to honor the terms of your lease.
Of course, that doesn't mean that some lenders' representatives aren't trying to scare people away.
Sandra Pearson has lived in her rented townhouse in Santa Maria, Calif., since July 2007. But last October, the single mom -- whose 17-year-old son suffers from epilepsy and autism -- was served with a vacate notice.
But in December, First Federal failed, and OneWest Bank took over its assets -- including the Santa Maria townhouse. When Pearson went to pay her rent, the agency managing the property for OneWest refused to accept the check. They threatened her with court action and claimed her lease was not legitimate.
Worse, the message threatens legal costs if tenants don't comply. With that facing them, many fold their tents.
No comments:
Post a Comment