(msnbc) Kathy Lovelace lost her job and was about to lose her house, too. But then she made a seemingly simple request of the bank: Show me the original mortgage paperwork. And just like that, the foreclosure proceedings came to a standstill. Lovelace and other homeowners around the country are managing to stave off foreclosure by employing a strategy that goes to the heart of the whole nationwide mess.
Homeowners to Banks: Prove I owe you. Homeowners demand lenders produce original documents — some can’t.
February 17, 2009 by editor (View Source)
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