Close Close Comment Creative Commons Donate Email Add Email Facebook Instagram Mastodon Facebook Messenger Mobile Nav Menu Podcast Print RSS Search Secure Twitter WhatsApp YouTube

Homeowner Wins Reprieve After ProPublica Story

OneWest is postponing the foreclosure of a homeowner we reported on yesterday.

Yesterday, we reported on the case of Pamela Jeter of Atlanta, who was facing foreclosure next week despite the fact she seemed to qualify for a mortgage modification and the investors who own her loan think she should be able to get one.

Well, Jeter received word this morning that her servicer, OneWest, will not be seizing her house next week. The bank is postponing foreclosure for at least two months in the hope that the two sides could reach a solution in the meantime.

In our story, we reported that OneWest had been pursuing foreclosure despite suing in federal court to be able to provide a loan modification that would avoid foreclosure. HSBC, a middleman that Jeter hadn’t even known was involved with her loan, has blocked modifications from happening, so OneWest sued. You can read up on the saga here.

It’s unclear if OneWest’s move today was limited to Jeter or will also include other homeowners in her position. OneWest had said that around 800 homeowners seemed eligible for a modification but can’t get one because HSBC is refusing to approve them.

We reached out to OneWest for comment and will update this post if they respond.

Latest Stories from ProPublica

Current site Current page