Foreclosing on a property the bank did not own.
Now I’ve heard everything. Can you imagine a lender accidentally foreclosing on your home and throwing all of your belongings out on the streets? Imagine how embarrassing and shocking that would be for you if you paid for your home in cash and owed nothing on it. Imagine further that you informed the bank’s agent and said agent repeatedly informed the bank that they had the wrong house. The bank foreclosed on the property it did not own anyway.
Well it sounds unbelieveable, but leave it to Bank of America to foreclose on a house it did not hold a note on.
