POSTED: Tuesday, March 22, 2011 - 4:21pm
UPDATED: Friday, April 15, 2011 - 3:51pm
EL PASO – An El Paso woman is in a desperate situation tonight. She says she's been paying her mortgage to an escrow company, but they haven't been paying the bank. Now, she's in danger of losing her home.
Yadira Castro says she's living a nightmare. She bought a home in June, and thought everything was ok. But, she got the shock of her life almost two weeks ago.
“I got a foreclosure paper saying that...they're going to take the house from me on April the 5th because the mortgage payment hasn't gone in,” said Castro.
She claims she's made all the payments to the First Knight Escrow Company-- she went through them, when she bought the house. Castro said after she got in touch with the attorneys that sent her the foreclosure notice, they told her the escrow company hasn't been paying the bank.
“They told me that they were...three months behind,” said Castro.
Castro said when she told the escrow company about the notice, she was told not to worry.
“She told me that there's no problems, that I'm not going to lose my house...that she's been making the payments,” said Castro.
Still, time is running out for Castro. If she doesn't find some way out of this, she may lose her home in about two weeks.
“I don't have good credit...I need to find a private lender or investor so they could help me out. If not, I'm going to lose my house, and it's not fair because I paid for that house and I make the payments,” added Castro.
The owner of the escrow company never denied that Castro made every payment, but told us the woman got the foreclosure notice because she made some payments directly to the bank, instead of going through the escrow company. However, each receipt that Castro showed us, said she had been paying the escrow company directly.
Late this afternoon, the marketing manager for the escrow company told us Castro got her foreclosure notice because there's a discrepancy between two banks that handled the woman's mortgage. He also told us that Castro should reach out to the escrow company, so that they can straighten everything out. However, Castro tells us she's already spoken with the escrow company.