UNBELIEVABLE REASON FOR FORECLOSURE

Posted by SHERISE on August 26, 2007 at 18:39:13:

I HOLD A MORTGAGE WITH HABITAT FOR HUMANITY IN NYC. I WAS FORCED TO SEEK FINANCIAL ASSISTANCE FROM THE NYC DEPT OF HRA. HRA HAD TO PLACE A LIEN ON MY PROPERTY. MY MORTGAGE COMPANY STATES THAT I VIOLATED THE MORTGAGE AND I HAD TO CLEAR THE DEFAULT WITHIN THIRTY DAYS BY HAVING THE LIEN REMOVED. I WASN'T ABLE TO REPAY THE FULL AMOUNT TO HRA TO HAVE THE LIEN REMOVED. HRA REMOVED THE LIEN TO PREVENT ME FROM LOSING MY HOME. MY MORTGAGE COMPANY NOW STATES THAT THE MORTGAGE WAS ACCELERATED BECAUSE I FAILED TO CURE THE DEFAULT WITHIN A TIMELY MANNER. WHAT DOES THIS MEAN? I AM CURRENT ON MY MORTGAGE AND PAY MY MORTGAGE EVERY MONTH. I'M DUE IN COURT SEPT. 26 IS THIS A VALID REASON TO FORECLOSE ON ME. THEY ARE BEING UNFAIR AND THIS IS PERSONAL. THE SATISFACTION OF MORTGAGE IS IN THE PROCESS OF BEING PREPARED BUT THEY STILL WANT ME OUT. PLEASE HELP ME.

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