An Ugly Foreclosure Story, Starring Bank of America

An ugly foreclosure story, starring Bank of America

Dirma Rodriguez wonders how a house she’d been paying on for years, and which is specially modified for her severely disabled daughter, could be taken from her.

Dirma Rodriguez had five minutes to gather her things and vacate the West Adams house she and her severely disabled daughter had lived in for more than 25 years.

As a property manager changed the locks, Rodriguez fluttered back and forth from the yard — where a pile of stuff lay by the kitchen stove — to her car, where her daughter, Ingrid Ortiz, sat screaming and crying.

How Rodriguez and Ortiz ended up in this predicament is a long, messy story that resounds with a misery all too common in this age of foreclosure.

Rodriguez took out a loan to retrofit her house for her special-needs daughter. After she fell behind on her payments, the Bank of America lowered her monthly obligation, but then sold the house at a foreclosure auction last September. The new owner, a house flipper from El Segundo called West Ridge Rentals, moved to evict the family.

I came upon Rodriguez’s story through Occupy Fights Foreclosure, the latest offshoot of the 99% movement. Occupy interceded to stop her eviction March 26, and it just may have saved her home for good. Bank of America said last week it is considering a loan modification that would return the home to Rodriguez and her family.

But how did it come to this? Bank of America took a $45-billion bailout from taxpayers when it got into financial trouble. Why couldn’t the bank have shown Rodriguez — a widow whose life was already a trial — the same courtesy when she got squeezed?

Rest here…


6 Responses to “An Ugly Foreclosure Story, Starring Bank of America”
  1. Tony F. says:

    Another amazing story about Bank of America

    Two years ago, our house went into foreclosure because BOA Customer Service cannot get their act together. We had to have a mediator between BOA and our family to be able to bring our house out of the foreclosure stage and come current with the 45 days late payment.

    We a lot of efforts from my family, the mortgage payment got current, the attorneys got paid to take care of the paperwork and we did not end up in the streets.

    All this nightmare happened in 2010. Now, in 2013, we just received a foreclosure letter from BOA for the amount of $1400.00 stating that if we do not pay this amount by Friday, our house is going to be put in the market. How can this happened? According to the statement received in 2010, we were current! Now, our house is being foreclosed again.

    We called their customer service to follow up on this letter… We cannot get through. They are worthless.

    We went to the BOA Home Loans to talk to someone in person… They do not know where the charges are coming from. We are going through all the paperwork from 2010. If there was something incorrect with the paperwork, why they waited TWO YEARS to let us know?

    The BOA Home Loans Office showed us that the Mortgage Statement got changed and additional fees were added to the foreclosure process that we were not aware of. Get this, the additional charges are printed in a very small letter format that can be overlooked extremely easy. This is how they get us. How many people read prints that are formatted with a font size of 6?

    Here we are, trying to take care of our lives, our family, the house doing the right things while BOA in the back end is screwing us

    This time I am filling a complaint with Consumer Protection Agency and the Real State Agency with the State.

  2. dani says:

    the people of america got to continue the fights against bank of america fraud
    dont mind their latest deal and payment of billons of dollars bank of america
    fraud continue all over america with some judges that rubber stamp the
    fraud for them

  3. Barbra Orr says:

    how can we make other people get involved ? Everyone needs to take a BOA story and go thru the drive-in window of your local BOA bank and leave it in the drive-in window,

  4. Beth A. says:

    Bastards. Great graphic!

  5. Bobbi Swann says:

    Bank of America is liken to cancer – spreads fast, cannot be contained and destroys lives! This happens all too often and without much fanfare for most of the occupants. Lucky for her that Occupy was her hero because BOA could care less.

  6. Jason Werner says:

    I like the picture.

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