Comments on: Trashed Out – Lawsuit Accuses Bank of America of Seizing Wrong House

By: Joe

Joe — Thu, 11 Mar 2010 19:28:19 +0000

I have just read 5 other news stories posted in the past few months involving Bank of America doing the same thing to other people around the country. Seizing property that they have no claim on. And in every case, BOA refuses to pay any damages to anyone for seizing the wrong house! One lady even had here beloved pet parrot stolen by the bank representitives during the ordeal!

By: Lisa E.

Lisa E. — Wed, 13 Jan 2010 11:20:03 +0000

In reply to Foreclosure Fraud.

With all due respect, Mr. ForeclosureFraud, NONE of the entities “negotiation” loan mods own the promissary note/deed of trust and/or mortgage.

So, in this particularly fishy scenerio, a loan mod with BoA would be the right way for BoA to extend an Olive Branch, no?

What I’m trying to say here, is that if a gaggle of investors paid for my mortgage, and I’m desperately trying to do a loan mod with BoA who continues to tell me that BoA is the right party to do the loan mod, isn’t that the same thing as Dave so sagely posited below?

I’m game:

BoA: “Yes Dr. Schroit, your house is a bit of a mess. We feel this is an appropriate matter for our loss mitigation department. They will be in touch with you to fully assist you in modifying your loan.”

Dr. Schroit: “What? I need help rehabbing my damaged home. I don’t need a loan mod with BoA. I don’t owe any money to BoA. My mortgage is with a private mortgage holder.”

BoA: “Oh Silly Dr. Schroit! We mortgage bankers don’t let the fact of our non-ownership of a mortgage loan get in the way of our foreclosure efforts, nor our big bluff of offering temporary loan modifications! Get with the program, Sir!”

By: Lisa E.

Lisa E. — Wed, 13 Jan 2010 05:22:54 +0000

DITTO my previous comments on this issue as follows:

WOW!

In previous years, this would be SHOCKING.

It’s pretty business as usual, par for the course, and a corporate threat to us all!

Which is worse?

I guess it’s a tough call.

Banks which never lent one single dime towards a family’s mortgage foreclosing on American’s homes by the millions even though that bank isn’t damaged one single bit by the homeowner’s missed monthly payments?

OR

“Accidentally” aiming that illegal foreclosure on the wrong home?

Really, aren’t they BOTH the same thing?

Give it a couple of years………..we’ll all be TRASHED OUT!

Lisa E

By: hannahb

hannahb — Mon, 11 Jan 2010 05:38:31 +0000

If it WAS the right house shouldn’t the bank have made sure it wasn’t destroyed? If the point was to get their money back, maybe they should not trash the place.
Why are their no fact checkers making sure this house is the house to be siezed and the owners listed are the owners the bank seeks? It’s as easy as going to the town website and checking property tax records.
Are these houses being fraudulantly ‘sold’ without the owners permission in order to get loans (with no intent to pay)? Could that be done?

By: Foreclosure Fraud

Foreclosure Fraud — Mon, 11 Jan 2010 00:59:00 +0000

Eric,

This is not the first. It is happening at alarming rates with no regard of the law…

See…

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

“Trashed Out” Las Vegas Woman Victim of Foreclosure Mistake

“Trashed Out” Attorney Claims Woman is Inflating her Loss in Foreclosure Mix Up

4closureFraud

By: Eric

Eric — Mon, 11 Jan 2010 00:24:40 +0000

I’m incredulous…how do seize the WRONG house?!?!

By: Foreclosure Fraud

Foreclosure Fraud — Sun, 10 Jan 2010 15:01:24 +0000

Dave,

BOA cant offer them a loan mod!

Neither one had a mortgage with them!

4closureFraud

By: Dave L

Dave L — Sun, 10 Jan 2010 14:37:51 +0000

“He filed the lawsuit after he and Bank of America were unable to agree on a settlement, attorney Barry A. Brown said.”

Wow..if this guy is above above board here I would have reacted with much less restraint!!

The Schoit’s and Hambley’s need to extract a pound of flesh out of this mess…and then some.

Maybe BOA will offer them a loan mod?!?!