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BoA Makes Mistake & Forecloses on Wrong Home

Posted on | March 13, 2010 | No Comments

Every once in a while I come across a story that makes me smile. Though I feel terrible for the lady that has had to go through this ordeal, I hope she sticks it to BoA for all the other people out here that have been treated so badly by this large and seemingly unrestricted and out of control bank.

I have not had any personal experience with BoA as I have never had a loan or banked with them. However, I have listened to a number of people who have tried in vain over the pat year to get some temporary relief or a loan modification with BoA and the stories are heartbreaking. From being told they have to be behind on their mortgage when the head of BoA said before Congress in October of 2009 that you did not have to be behind on your mortgage in order for the bank to work with you to being called names and being hung up on and made to feel like you are a looser because you are having a hard time paying your mortgage.

Remember, this is one of the banks that took the American public for a ride and a half in bailout money, etc. The least they could do is work with those people who are willing and want to get a resolution made on their loans. You know the kind of people I’m talking about; the kind that want to pay their bills but have been laid off or finding work hard to come by. I don’t know about you but there is an old saying, “but for the grace of God, there go I”. We would all do well by remembering that, including the big banks and financial institutions.

For more on the story of the wrong house foreclosed on.

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