Bank of America Finds Foreclosure Mistakes While Preparing Less than 1 Percent of Foreclosure Files

The bank found errors in 10 to 25 out of the first several hundred foreclosure it examined starting last Monday


No widespread problem here, right BOA?

By the way, most of these “errors” are FELONIES!

Bank of America Finds Foreclosure Mistakes: Report

Bank of America acknowledged some mistakes in foreclosure files as it begins to resubmit documents in 102,000 cases, the Wall Street Journal said.

The bank found errors in 10 to 25 out of the first several hundred foreclosure it examined starting last Monday, the newspaper said.

The problems included improper paperwork, lack of signatures and missing files, as well as cases in which information about the property and payment history being unmatched, the Journal said.

The bank told the newspaper that some of the defects seem relatively minor, and the bank has not found any evidence of wrongful foreclosures.

The bank found the errors while preparing less than 1 percent of the first foreclosure files that it intends to resubmit to the courts in 23 states, the Journal said.

You can check out the rest here…

“the bank has not found any evidence of wrongful foreclosures”

Well let me help you out Bank of America, since you spend countless hours reading this site, by providing links to some of YOUR wrongful foreclosures…


Bank of America – Confiscating Homes They Don’t Own – BofA Attempts Foreclosure on Current Loan They Do Not Own

Posted by Foreclosure Fraud on July 20, 2010 ·

Well this is surprising… MORTGAGE MELTDOWN Frustration with banks reaching boiling point Errors, inaction, morass of red tape vex homeowners trying to fend off foreclosure proceedings — and may end upcosting taxpayers billions Kent Porter /PD Keith and Julie Hanover of Kenwood hired a lawyer to help them with the nightmare of saving their home … Read more

BOA, aka Bank of America, Tries to Rape and Pillage a PAID IN FULL Home AGAIN!!!

Posted by Foreclosure Fraud on May 26, 2010 ·

I have had enough of this shit, haven’t you? Homeowner – “I Honestly Felt Like Bank of America was Trying to Steal my Property” Lets see, how many times have I posted about BOA and other “lenders”  “Trashing Out” <– Link, homes this year? Hmmm? Sorry, I ran out of fingers… Here is an extra … Read more

Trashed Out – BOA Does it Again – Bank of America Attempt to Foreclose on Wrong Home Averted

Posted by Foreclosure Fraud on May 4, 2010 ·

Reported by: Jackie Callaway Email: Last Update: 4/30 8:14 am Bank attempts foreclosure on wrong home SARASOTA, Fl — Neighbor Scott Mondro started asking questions as soon as he spotted the stranger drilling holes in his neighbor’s door.  Turns out the guy with the hardware was representing Bank of America. Scott Mondro shares the … Read more

Trashed Out – Again and Again and Again and Again Bank of America at it AGAIN – Bank Wrongly Repossessed Home and Stole Pet Parrot

Posted by Foreclosure Fraud on March 9, 2010 ·

From the Home Equity Theft Reporter Woman says Bank of America wrongly repossessed home Tuesday, March 09, 2010 By Sadie Gurman, Pittsburgh Post-Gazette A Hampton woman is suing Bank of America, saying one of its contractors wrongly repossessed her home, padlocked the doors, shut off the utilities, damaged the furniture and confiscated a pet parrot, … Read more

Bank of America at it AGAIN! Central Florida Couple Faces Foreclosure Despite Having Proof That All Mortgage Payments Were Made

Posted by Foreclosure Fraud on January 28, 2010 ·

Roger Wilsford and Teresa Stamey are about to lose their mobile home to foreclosure. Wilsford said he’d been paying his monthly payments of $762 to mortgage company Taylor, Bean and Whitaker, but last August it went into bankruptcy and he didn’t know it. “Still, you know, I’d get a bill from Taylor, Bean and Whitaker, … Read more

Trashed Out – This is Getting Ridiculous – Iraq Homecoming Spoiled After Bank of America Forecloses On Wrong Home AGAIN!

Posted by Foreclosure Fraud on January 21, 2010 ·

Pattern Here Folks??? Bay State Couple Says Bank Took Possession Of Wrong Home In Florida BOSTON — A Massachusetts couple says their son’s homecoming from Iraq was spoiled when Bank of America/Countrywide foreclosed on their Florida home, which they owned free and clear, according to a lawsuit. Homeowner Charlie Cardoso, of New Bedford, was shocked … Read more

Trashed Out – Lawsuit Accuses Bank of America of Seizing Wrong House

Posted by Foreclosure Fraud on January 10, 2010 ·

Here we go again… By Laura Elder The Daily News Published January 10, 2010 GALVESTON — A West End property owner is suing Bank of America Corp., asserting its agents mistakenly seized a vacation house he owns free and clear, then changed the locks and shut the power off, resulting in the smelly spoiling of … Read more

Corporate America pays price for arrogance in taking family’s home

Posted by Foreclosure Fraud on October 21, 2009 ·

Now their Attorney Claims Woman is Inflating her Loss… Really? Updated December 22, 2009 It does not matter what was in the condo. No matter how rich or poor. It is their personal belongings that were unrightfully, illegally taken from them. Even if it was just a keepsake of a family member, a simple trinket … Read more

Those are just some of the REPORTED stories from this past year…

I guarantee there are countless others that have been swept under the rug…


I sure could use some…

5 Responses to “Bank of America Finds Foreclosure Mistakes While Preparing Less than 1 Percent of Foreclosure Files”
  1. Read all about how BofA abuse the public in home loan modifications and foreclose wrongfully at times !
    John Wright

  2. Linda Venturella says:

    This is no surprise,right? All of these banks were in a hurry to confiscate homes they did not own before the $#^%&^ hit the fan. My sister had her house stolen from her by CHASE the Tuesday before the mainstream media started it’s slow leak of ‘FORECLOSUREGATE’ information on Wednesday, which was the very next day. My cousin was also fraudulantly foreclosed on before the story got out there. She has since gone back to court for a hearing with an attorney and the judge told her she did not have to leave her home. How big of him. Just a shame so many homeowner’s had to die before the truth came out . Complete vicimization. GUESS WHAT? Today, PHH mortgage sent me a new loan mod. request after trying to extort $51,000.00 from me just last week! The were kind enough to warn me though, to respond to them no later than Nov. 17, 2010, as I am still in danger of being foreclosed on by them. Looks like some suspicious activity is happening here. Someone is trying to cover their butts in a hurry or something. I think I have a bit of time now to sit back and plan MY next strategy, Thanks to you guys and you know, and the whole cabal . Just going to sit back now and watch them squirm.

  3. Michael says:

    Strange because with one click, in a few seconds, I found 930 that unambiguously have one very specific, severe error. That’s doesn’t mean 930 total; that means the first issue I thought of, using the most conservative search criteria, pulled in 930 in much less time than it took to write this paragraph.

    As we spend more time, expand our search tools online, or even just use more criteria I’m sure you can add a couple zero’s.

    Plenty of those “problem cases” where people already lost their homes.

    We’ll be happy to show you lots (and lots and lots) of problem files. You can keep running the reports on your own, but we’ll still find lots (and lots and lots) of problem files. You can hire one of the companies that managed to miss the entire problem, or that you own, but we’ll still find lots (and lots and lots) of problem files. Or you can hire us; we’ll still publish the research but at least you can spend the energy you’d have spent in vain denying the problem fixing it instead.

    Whether voluntarily or involuntarily it’s time to address and fix the mess; the days of white-washing it are over.

    Michael Olenick,

  4. jlsemidey says:

    there you go, can we call on every single person, meaning 7,000,000 foreclosed to get their foreclosure papers and hire attorneys?

    that would look better than a tea party rally.

    millions of Americans, wronged and abused. Deadbeats, non sense. For the people in the media and the finance world that are perpetuating the mis onception and lies regarding foreclosures you should ask your wall street budies to show you the fake and of course non existent financial models on which they base their assertions that they still need to foreclose “illegally” on an additional 9,000,000 homes, how would impoverishing more American families help the economy?, how would to add 9,000,000 more foreclosed hes on the real estate market help to improve appreciation and growth in the economy?
    how would stealing, lying, forging, fabricating, and denying people their rights help our country?, so far all the lies have left our country in debt, our families homeless and our communities devasatated.

    can some one tell me if this reality is not a moral hazzard?

    can a judge in anonimity of course explain why the felonoius behavior of these lenders is not a moral hazzard?

    can a goverment regulator explain why this banks are not seized?

    is that the moral hazzard argument only applies to those who are poor, who are unemployed, to those who are being run over by the banks

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