It is not uncommon for a borrower’s mortgage to be sold once, twice, or even three times throughout the duration of their loan. Over the last couple of years hundreds of banks have been seized by the FDIC and this has caused a numerous amount of mortgages to be transferred to different lenders. One woman by the name of Corliss Gittens had her home loan transferred several times in the early 2000’s without having any acknowledgment of the action.

Back in late 2000, Corliss purchased her property from her parents and immediately started mailing in her monthly mortgage payments to Homeside Lending. The checks she sent in were never cashed, according to the lawyer that represents Gitten, Fred Brewington. After months of payments, in 2001 she was notified by Homeside that they could not find any records of her mortgage in their archives.

However, according to her lawyer, Gittens had a mortgage and deed and even went to closing when she made the purchase.

After desperately trying to figure out who owns her mortgage she found out that her lender no longer existed, and the parent company of the institution was sold to Washington Mutual in 2002. In 2008, JP Morgan Chase took over Washington Mutual and today services their mortgages. All of these institutions including the FDIC were listed as respondents.
Her lawyer has reached out to Chase about her mortgage, but they too had no idea what happened, and at this time they had no comment about the situation. Throughout this time she even sought a second mortgage but was turned down because no servicer could verify information on her existing loan.

After years of fighting, this week the Nassau State Supreme Court awarded Corliss Gittens her home free and clear of any liens because nobody opposed the action. The debt been canceled, and after a decade sitting in limbo, she is happy to keep her home.

Moe Bedard
My name is Maurice "Moe" Bedard. I am the founder of America's #1 Mortgage Forum, My online work has been featured in the New York Times, LA Times, Fox Business, and many other media publications.