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Updated about 3 years ago, 11/07/2021
Victimized by WireFraud on a Real Estate Sale - Need advise
Hello BP Community,
We sold our home and the portion of the funds (~ 400K) that had to be wired to our Mortgage Servicer was sent to a fraudulent account (Wire fraud) by the title company. While Title company is investigating and trying to trace the funds; the mortgage company is following up with us to make the monthly payments.
If we make the monthly payments until the issue is resolved, is there a way to recoup the payments once the pay off amount is retrieved?
Alternatively, if we choose not make the monthly payments, how do we proactively ensure our loan is not reported as delinquent since we do not own the home any more?
Any help from the community is appreciated.
Thanks