My Story: 390 Days Homeless and Still Fighting

Two days before Thanksgiving 2024, Fulton County Marshals ejected me from my family home of 26 years — in 39-degree weather, during rush hour, on Peachtree Street across from Phipps Plaza.

Holiday shoppers watched as movers piled my belongings on the sidewalk. A locksmith changed my locks. My dog was terrified. I was overwhelmed. Neighbors I'd known for decades stood by, stunned. I slept in my car that night because it was too late to call movers.

I showed the marshals everything: my mortgage statements, my bank records, the void deed, my deeds dating back to 1998 when I first purchased the condo after grad school with $80,000 down. This was the neighborhood where I raised my two children. Where I built my professional and personal reputation. Where I was supposed to inherit my father's home — not spend my inheritance to buy back my inheritance.

Eight days after my father died, they foreclosed. Georgia law requires 60 days. The deed had eight statutory defects. A stranger claimed to be my landlord. His attorney — a retired Fulton County magistrate judge — told the court I had agreed to pay rent and hadn't paid "a dime." Of course I hadn't. He wasn't my landlord. Two former judges worked tag team: one filed the dispossessory as the affiant, calling me a "tenant holding over." The other filed a motion to compel $49,000 in back rent. A judge stayed the writ until ownership was determined — then signed it anyway.

Everyone knew it was my home. But the cake was baked before it was even put in the oven.

These schemes are brutal. Heartless. And far more common than anyone wants to admit.

I'm a 16-year mortgage banking veteran. Former VP at SunTrust, BB&T, and LoanSouth Mortgage. Former Director of National Sales at WorldPay. I received gold awards from the Mortgage Bankers Association of Georgia year after year and was consistently recognized in the Atlanta Business Chronicle as a top producer in the state. I hold a Master's degree in Humanistic Psychology from the University of West Georgia and completed post-graduate studies at Sorbonne Université Paris Saint-Denis. I've made mortgages to thousands of homeowners across Atlanta.

I knew exactly what they'd done.

That void foreclosure created what I call a "phantom loan" — debt that exists for payment purposes but can never be legally enforced. These loans are contaminating mortgage-backed securities, defrauding investors, and destroying families. Phantom loans are the dirty little secret behind equity stripping.

I've spent 22 months and 5,000+ hours building federal cases. I've been homeless over 390 days. And I'm still fighting.

I believe this chapter of my life was divinely assigned. I spent my career helping families reach their dream of homeownership. Now I'm helping people fight back when that dream is stolen.

If you've lost your home to equity stripping, title fraud, or foreclosure fraud — or if something feels wrong with your chain of title — you're not alone.

Welcome home.

— Karen Denise Price

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