A Florida family man who not only made his mortgage payments on time but made payments early faces foreclosure by Wells Fargo. The explanation for initiating the foreclosure proceedings by Wells Fargo is nothing short of amazing and offers a sad commentary on how little has changed despite the 2008 financial crisis and supposed reforms like Dodd-Frank.
Etienne Syldor said he's worked his whole life for a home in Orlando for his wife and three children.So far so good. Family man working multiple jobs to make sure he is paying his bills - personal responsibility and all that jazz. Court records confirm that Syldor made his payments.
Syldor is an immigrant from Haiti and a bus driver at Walt Disney World. At times, he said he has worked multiple jobs to make sure he never missed a mortgage payment.
Last year, Wells Fargo offered him mortgage modification, and he was told if he made four monthly payments during a trial period, the modification would be permanent.
Then something funny happened.
Comment: And this reported yesterday:
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