California Real Estate Fraud Report

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06
Jun

Homeowner Forecloses on Bank of America

In a turnabout that’s poetic justice, a Florida couple served foreclosure papers on Bank of America.

Maurenn Nyergers and her husband had not only never had a mortgage with Bank of America, they had paid cash for their house. But that didn’t stop the mega-giant from filing foreclosure against them. The couple hired attorney Todd Allen, took Bank of America to court – and won a judgment against it for legal fees.

Five months later, Bank of America had still made no effort to satisfy the court’s order. So Allen called sheriff’s deputies in North Carolina, where Bank of America is based, and instructed them to remove cash from the teller’s drawer, computers and file cabinets. An hour after the “foreclosure”, the branch manager appeared with a check for the judgment.

Sweet.

Read the original article on Digtriad.com

© Copyright 2007-2017 Monique Bryher

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The information and notices contained on The California Real Estate Fraud Report are intended to summarize recent developments in real estate fraud, mortgage fraud, short sale fraud, REO fraud, appraisal fraud, loan modification scams, loan modification fraud and other real estate related crimes occurring in Los Angeles and California. The posts on this site are presented as general research and information and are expressly not intended, and should not be regarded, as legal advice. Much of the information on this site concerns allegations made in civil lawsuits and in criminal indictments. All persons are presumed innocent until convicted of a crime. Readers who have particular questions about real estate fraud, mortgage fraud and appraisal fraud matters or who believe they require legal counsel should seek the advice of an attorney.

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