Oldster's View

Fight Against Maturity

Oops! You mean we didn’t hold a mortgage on your house?

 

When Jason Grodensky bought his modest Fort Lauderdale home in December, he paid cash. But seven months later, he was surprised to learn that Bank of America had foreclosed on the house, even though Grodensky did not have a mortgage.

Grodensky knew nothing about the foreclosure until July, when he learned that the title to his home had been transferred to a government-backed lender. "I feel like I’m hanging in the wind and I’m scared to death," said Grodensky. "How did some attorney put through a foreclosure illegally?"

Bank of America has acknowledged the error and will correct it at its own expense, said spokeswoman Jumana Bauwens.

South Florida Sun-Sentinel.com

Nice of them to correct the “mistake” for free. Do I smell a lawsuit?

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September 23, 2010 - Posted by | Dumb Bureaucrats, Dumb Stuff | ,

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