Foreclosure nightmare: Family’s home sold, but it wasn’t for sale
ALTADENA, Calif. (KABC) — What would you do if you suddenly found out your mortgage company had sold your house right out from under you even though you always paid on time? An Altadena family suddenly facing eviction turned to Eyewitness News when that happened to them.
The Altadena house has been home for Ceith and Louise Sinclair, who bought it in 2003. They’ve been living in it with four of their kids.
Last year, they got a loan modification with Ocwen Financial Corporation. Then they say they got a call, and later a letter, notifying them Ocwen had sold their loan to Nationstar Mortgage. In June, they got a knock at the door.
“They came and knocked on our door. That’s how we found out our house had been sold,” said Louise Sinclair.
The Sinclairs say although they hadn’t received notice prior to that day, the person at the door told them they had two weeks to leave their house because a company called Sage Equities had bought it in foreclosure. They were expected to pay rent in the meantime.
“We thought we were doing everything. We were paying our mortgage every month. And then they’re going to sell your house up from underneath you without you knowing?” said Ceith Sinclair.
The Sinclairs say they’ve always paid their mortgage on time, in full, and they have the documentation to prove it. But then, in June, after their first payment to Nationstar, the mortgage company sent a check back to them for the full amount.