Faces Of Foreclosure

Proposed for Burn Notice:

The owner of the fourplex had lost his building through foreclosure. Even though he had been only $2,000 behind in mortgage payments to Western Funds Banking, no payments had been applied to the loan since January 2009. On the bank’s papers, he appeared to be $58,234 behind in payments as the money was sitting in his account with fees upon fees driving up the balance due.

J. Madison was last seen leading an elderly crying man out of a home that had just been lost through foreclosure. J. Madison, who specializes in foreclosures, had a buyer ready to pay cash and had to get the old man out of the house right away; the buyer was on his way to view the home and Madison didn’t want to upset the buyer . . .