In a Sign of Foreclosure Flaws, Suits Claim Break-Ins by Banks

From The New York Times: http://www.nytimes.com/2010/12/22/business/22lockout.html?_r=1&hp

By ANDREW MARTIN
Published: December 21, 2010

TRUCKEE, Calif. — When Mimi Ash arrived at her mountain chalet here for a weekend ski trip, she discovered that someone had broken into the home and changed the locks.

When she finally got into the house, it was empty. All of her possessions were gone: furniture, her son’s ski medals, winter clothes and family photos. Also missing was a wooden box, its top inscribed with the words “Together Forever,” that contained the ashes of her late husband, Robert.

The culprit, Ms. Ash soon learned, was not a burglar but her bank. According to a federal lawsuit filed in October by Ms. Ash, Bank of America had wrongfully foreclosed on her house and thrown out her belongings, without alerting Ms. Ash beforehand.

In an era when millions of homes have received foreclosure notices nationwide, lawsuits detailing bank break-ins like the one at Ms. Ash’s house keep surfacing. And in the wake of the scandal involving shoddy, sometimes illegal paperwork that has buffeted the nation’s biggest banks in recent months, critics say these situations reinforce their claims that the foreclosure process is fundamentally flawed.

“Every day, smaller wrongs happen to people trying to save their homes: being charged the wrong amount of money, being wrongly denied a loan modification, being asked to hand over documents four or five times,” said Ira Rheingold, executive director of the National Association of Consumer Advocates.

Continue reading at:  http://www.nytimes.com/2010/12/22/business/22lockout.html?_r=1&hp

One Response to “In a Sign of Foreclosure Flaws, Suits Claim Break-Ins by Banks”

  1. Andrea B Says:

    Local law enforcement should be questioned as to why they have not arrested these thieves. Excuses should not be accepted and should be dismissed as excuses not to uphold the law.

    Any police officer who refuses to arrest these people, should be investigated as to what other crimes they have covered up.

    Why has the people involved in this not been arrested.

    This is breaking and entering, plain and simple.

    Hopefully they have went across state lines making it a federal offence to get an even bigger jail term.

    They should be arrested and jailed.


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