BofA Continues Out-Of-Control Seizing Of "Mortgage-Less" Homes; Refuses To Correct Screw-Up Until Media Intervenes
- Nancy Willmes paid cash for her Tuolumne home in 2001. So she was quite surprised when Bank of America send her a notice of default on the property in February. "I honestly felt like Bank of America was trying to steal my property," Willmes said. She contacted Bank of America to try to find out why the bank believed it could foreclose on property she had purchased outright.
- Willmes has chain-of-ownership records, which show Bank of America had sold the property to Fannie Mae years earlier. Fannie Mae foreclosed on the previous owner, and Willmes purchased the property with cash from Fannie Mae. But Willmes said Bank of America did not care about the documentation. The bank proceeded with the foreclosure, placing ads in the local paper and nailing a foreclosure notice to her door.
- "I called the title company, the title company called
B of A , and they refused to rescind it," Willmes said. Fearful she would lose her home to the bank, Willmes called KCRA Call 3, and a Call 3 volunteer contacted Bank of America. Willmes said that's when Bank of America began returning her phone calls. The bank rescinded the notice of trustee sale, stopping the foreclosure. In a statement to KCRA 3, Bank of America said the problem was a system error. It said it updated its records and canceled thesale.(1)
For more, see Bank Tries To Foreclose On Owned Home (Tuolumne Woman Owns Home Outright).
(1) For other posts on Bank of America's seemingly relentless pursuit of homes that they have no legal claim to, see:
- BofA Pocketed Insurance Proceeds From Gas Explosion, Then Attempts Foreclosure On Home Anyway, Says Now-Deceased Homeowner's Son In Lawsuit,
- The BofA Apologies Continue For Wrongfully Seizing Homes,
- BofA Strikes Again; Hits Central Florida In Its Relentless Seizures Of Wrong Homes Followed By An Apology,
- BofA's Recent Illegal Padlocking Of Home Not In Foreclosure, Coupled With Abduction Of Homeowner's Pet Parrot Hits Major National News Media,
- BofA, Countrywide Strike Again; Mistakenly Seize Another Home Misidentified As A Foreclosure, Says Homeowner,
- BofA Mistakenly Seizes Home, Says Suit; 75 Lbs. Of Rotten Fish Leaves "Gooey Mess" Says Owner After Power Shutoff Creates "Halloween Horror,"
- Man sues after bank takes wrong house.
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