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Bank of America Gets Pad Locked After Homeowner Forecloses On It | digtriad.com
  • Profile picture of the author seasoned
    I LOVE IT!
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  • Profile picture of the author Fernando Veloso
    Too bad we don't see this more often

    Go homeowners!!
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    People make good money selling to the rich. But the rich got rich selling to the masses.
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    • Profile picture of the author Steven Wagenheim
      Priceless...made my day.
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      • Profile picture of the author ThomM
        I read that article yesterday.
        I would of loved to see the branch managers face.
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        Life: Nature's way of keeping meat fresh
        Getting old ain't for sissy's
        As you are I was, as I am you will be
        You can't fix stupid, but you can always out smart it.

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        • Profile picture of the author Kevin AKA Hubcap
          How does a bank "think" it owns a mortgage to a house when there is in fact no mortgage at all on the property.

          Did they do even an ounce of research and what type of paperwork did they have and where did they get it from which indicated their ownership?

          This couple gave the bank exactly what they deserved but how many people have been bullied by actions such as these while congress and regulators look the other way?
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          • Profile picture of the author seasoned
            Originally Posted by Kevin AKA Hubcap View Post

            How does a bank "think" it owns a mortgage to a house when there is in fact no mortgage at all on the property.

            Did they do even an ounce of research and what type of paperwork did they have and where did they get it from which indicated their ownership?

            This couple gave the bank exactly what they deserved but how many people have been bullied by actions such as these while congress and regulators look the other way?
            MAN! I wrote an app one time, and I thought it was worth maybe $400! The LOW selling price was about $40,000!!!!!! YEP, one HUNDRED times as much! Sadly, I think less than 12 banks bought it, and I don't believe B of A did. 8-( It COULD have prevented this garbage.

            Anyway, houses are now traded like credit cards are charged. They USED to require a note and contract. NOW, they could be attached to a document, split into dozens of parts, and sold to various people in pieces. Sometimes, the buyers feel they own the property.

            And you know, I have not really had any problem refinancing my home. Considering that the last agent NEVER saw me, I did it via email and the phone, and I did it in a different state, I guess I can understand how someone could steal a home. Since the home ITSELF has no value, the easiest way is to steal the equity.

            Steve
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  • Profile picture of the author HeySal
    About time. I wonder how many are going to follow this one?
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    Sal
    When the Roads and Paths end, learn to guide yourself through the wilderness
    Beyond the Path

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