A different kind of foreclosure battle

This final note today, in which the foreclosure shoe is on the other foot. You know how we were explaining earlier how some of the big banks have been caught mishandling paperwork and foreclosing on people who shouldn't have been? Well, bad paperwork cuts the other way too.

One Patrick Rodgers of Philadelphia, Penn., got into a disagreement with his mortgage lender Wells Fargo over insurance requirements. The bank didn't answer his letter within the time period required by law, so Rodgers took 'em to court. He won, the bank still blew him off, so he's filed for a sheriff's lien and foreclosure of the Wells Fargo Home Mortgage Office in Philadelphia.

About the author

Kai Ryssdal is the host and senior editor of Marketplace, the most widely heard program on business and the economy in the country.


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