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Bank of America threatened foreclosure with ex-home owner over $1.00

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kpete Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-06-11 01:33 PM
Original message
Bank of America threatened foreclosure with ex-home owner over $1.00
Edited on Sun Nov-06-11 01:56 PM by kpete
BofA Threatens Foreclosure Over Missing $1 From Already-Sold Home

Shantell Curtis and her family were threatened with foreclosure months after they had sold their Vernal, Utah house. What's more, the problem revolved around a single dollar, Connect2Utah.com reports (h/t The Consumerist). Months after the Curtises sold and moved out of the home in August of last year, their lender, Bank of America, reportedly sent them a foreclosure notice.

Bank of America claimed the family owed months of missed mortgage payments, before realizing a $1 coding error had held up the Curtises' title transfer. While BofA has taken months to resolving the issue, the Curtises' credit report has taken a beating since then.

The episode is far from the first foreclosure mishap BofA has dealt with in recent months, and not even the smallest dollar amount related to foreclosure threats. In June, BofA tried to foreclose on a man living in Massachusetts over a missed mortgage payment totaling $0.00.

http://www.huffingtonpost.com/2011/11/03/bofa-foreclosure-missing-1-already-sold-home_n_1074538.html?1320419846&ncid=webmail13
http://connect2utah.com/get-gephardt-story?nxd_id=174217
http://www.americablog.com/2011/11/bank-of-america-threatened-foreclosure.html
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CountAllVotes Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-06-11 01:36 PM
Response to Original message
1. way to go ...
Right out of business there Bank of A$$wholes.

:grr:

:kick: & recommend!!

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kestrel91316 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-06-11 02:34 PM
Response to Original message
2. One MORE reason for people to close their BofA accounts.
Now THAT'S the kind of "starve the beast" approach I could get behind. Too bad I don't HAVE an account there.

Maybe I could open one just so I could go there in a huff and close it and give them an earful. It's tempting.
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givemebackmycountry Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-06-11 02:56 PM
Response to Original message
3. Too big to fail?
How about to big to conduct business properly?
That's possible you know.

A company becomes SO BIG that they just can't operate efficiently anymore.
Such is BOA.

They should be out of business.
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Angry Dragon Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-06-11 04:14 PM
Response to Reply #3
8. SOON
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AsahinaKimi Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-06-11 02:59 PM
Response to Original message
4. IF they keep this kinda crap up
All of their customers will flee.. You would think someone whose smart with money would have smarts elsewhere. Guess not, its totally greed oriented.
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louis-t Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-06-11 03:43 PM
Response to Reply #4
5. As I tell BoA every time I have to speak to their customer service...
"Pissing off every customer you have on a daily basis is NOT a business model to be proud of."
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AsahinaKimi Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-06-11 03:52 PM
Response to Reply #5
7. Whoa! Good one...
:thumbsup:
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varelse Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-06-11 03:44 PM
Response to Original message
6. Blood sucking crime gang
posing as a bank.
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