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BAMAPHIN 22
06-07-2011, 11:38 AM
In a modern-day evocation of David's slingshot triumph over Goliath, a couple of foreclosed homeowners in Naples, Florida reportedly foreclosed on a Bank of America branch last week, their attorney actually having moving trucks pull up in front of a Naples branch to execute a foreclosure judgment against the bank.

What must have seemed to observers like a scene out of a parallel universe - you can see some video below - was actually the fair and logical conclusion to a situation which, the court had ruled, had an unfair and illogical start. In 2009, retired police officer Warren Nyerges and his wife, Maureen Collier, paid $165,000 cash for their 2,700 square foot home in the Golden Gate Estates subdivision, and never took a mortgage out on it. So imagine their surprise when, in Februrary of 2010, Bank of America initiated foreclosure proceedings against them. The Nyerges hired an attorney, Todd Allen, to defend them against the wrongful foreclosure, and the Bank eventually abandoned the matter.


See Video: http://link.brightcove.com/services/player/bcpid34830125001?bckey=AQ~~,AAAAB_xxr4E~,KlXoaM3qDg45myEW5EEZs3qW_eVNLS6g&bctid=975232488001

http://news.yahoo.com/s/time/20110606/us_time/httpmoneylandtimecom20110606homeownerforeclosesonbankofamericayesyouheardthatrightxidrssfullnationyahoo

Tunaphish429
06-07-2011, 11:43 AM
Saw this on Yahoo..What a great story..What I dont understand is how Bank of America would even try to foreclose on their house when they had nothing to do with them? Makes no sense?

NY8123
06-07-2011, 12:01 PM
Good. The ****ers take take take with no recourse or accountability, and they say organized crime is bad the banks and lawyers are nothing more then legalized organized crime.

X-Pacolypse
06-08-2011, 12:03 AM
Good for them. I've seen other Bank of America stories similar to this one, and it just pisses me off. The other one I saw was where these @ssholes were trying foreclose on the home of a deployed soldier.

WeVie
06-08-2011, 01:39 AM
Saw this on Yahoo..What a great story..What I dont understand is how Bank of America would even try to foreclose on their house when they had nothing to do with them? Makes no sense?

This is what I was wondering too. How could they even try to foreclose on something that they never loaned money against in the first place. Maybe the couple owed the bank money for something else.

Bumpus
06-08-2011, 08:08 PM
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