Mortgage Servicer Accused of Pushing Distressed Homeowners Onto Its Auction Site
Nationstar and Xome’s Conflict of Interest Called “Staggering” and “Unethical” in Lawsuit.
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Nationstar and Xome’s Conflict of Interest Called “Staggering” and “Unethical” in Lawsuit.
(Beth LaBerge/KQED) Jocelyn Foreman was full of nervous energy and dread. It was a crisp morning in early March. She arrived at the Pleasant Hill Community Center to find a handful of men and women in a semicircle outside the sandstone-colored building, clutching folders and holding cell phones. They were there for a foreclosure auction, poised to bid on the house that Foreman rents: a single-story, 1,500-square-foot tract home in Pinole. It’s a simple home, set back from the street, with a steep sloping backyard, worn carpets and a roof that leaks when it rains. A man with a clipboard st...