Friday
Jul012011
Bank Of America Forecloses On Wrong House: Dylan Ratigan With 82 Year-Old Tampa Man Who Returned From Vacation To Find Everything Gone
Video - June 29, 2011
The Daily Mail has the full story and all the details.
Fraudclosure victim Benito Santiago, Sr., and lawyer Scott Murphy join The Dylan Ratigan Show to discuss the incident in which Santiago lost $100k to wrongful foreclosure.
Can't watch videos at work? - Read the transcript at MSNBC
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We understand if you're confusing this with another recent story, as Bank of America is a serial offender of foreclosure fraud. Here's the story from a few weeks ago that garnered huge media coverage nationwide:
Reader Comments (19)
http://www.businessinsider.com/sheryl-sandberg-treasury-secretary-2011-7#ixzz1QrqUVoDV
http://blogs.telegraph.co.uk/news/andrewmcfbrown/100094470/why-thin-people-dont-drink-diet-coke/
If I was Mr. Santiago I would file a complaint and raise hell till the police charge somebody.
It's time, I thought, to put some egg on BofA's face--literally. To this end, I plan to put BofA on a one-egg-a-day diet. Henceforth I will mount my bike each morning with an egg in my pocket and won't return home until I've egged a different BofA branch.
As I tattoo an increasing number of BofA branches, of course, more and more people will witness my peccadillos and follow suit. Before long, BofA will find itself mired in viscous yoke, unable staunch the loss of customers fearful of errant eggs. BofA will be forced to shunt more and more money, ultimately leaving it at the mercy of its eggless rivals until it is, at last, dead.
cheyenne...read this garbage...
When we bought our cabin in 2000 I was 49 and would put on my Black Spandex Leggins and a C F Martian t-shirt....and would walk around the resort 5 times. I went back to sweat bottoms when the old ladys asked me to stop over and have a "Coffee, Tea, Beer"....... So they still work on the 65-75 year old Ladys.....! "LoL" ?
Carefull if yr down town by the lake shore park. The cute boys will pinch yr cheeks......!
Banker Ass Holes, doin what they do best, "Shit on People".......
A civil matter? The law defends the plunderer...
And the ugly ones will cave your skull in. Chicago is third-world and getting worse.
http://archive.chicagobreakingnews.com/2010/05/8-arrests-in-incidents-on-north-side-lakeshore.html
It's time for conservatives to face the truth: there is no conservative party in the United States. There is a leftist party, and a slightly-less-leftist party.
http://www.americanthinker.com/2011/07/the_need_for_a_militant_conservative_movement.html
http://www.boston.com/business/articles/2011/07/05/banks_closing_branches_at_rapid_rate/
[snip]
For the first time in 15 years, banks across the United States are closing branches faster than they are opening them, eliminating locations in Massachusetts, other parts of New England, and the rest of the country.
Bank of America, the nation’s largest bank, plans to close 1 in 10 branches nationwide by 2014, including some in Massachusetts. Webster Bank of Waterbury, Conn., plans to close a half-dozen branches, including one in Mansfield, in October. Rockland Trust and Community Bank of Brockton are each closing three branches.
http://www.boston.com/news/politics/articles/2011/07/05/bankers_son_has_job_of_raising_nearly_1b_for_obama/
See this testimony re: B of A/Merrill Lynch below... pay attention around 2:00 as it relates to the above story.
http://www.youtube.com/watch?v=vMKzt25exsg
http://www.rawstory.com/rs/2011/07/05/bank-of-america-bond-holders-challenge-subprime-mortgage-settlement/
[snip]
A group of bond-holders on Tuesday challenged Bank of America's record $8.5 billion settlement for losses on mortgage-backed securities, clouding its efforts to move past the subprime mortgage mess.
The proposed settlement was marred by "serious conflicts of interest" and "would extinguish the legal rights of hundreds of other investors," Walnut Place, the group of disgruntled bond-holders, alleged in a court filing.
http://www.boston.com/business/articles/2011/07/07/bank_of_america_plans_to_cut_150_jobs_in_malden/?p1=News_links
[snip]
The bank plans to shift the printing work to sites in Delaware, New Jersey, and Texas and complete the transfer by April. It will begin laying off workers next month.
Crawford said the bank will retain other operations in Malden, where it has more than 500 employees. Statewide, the bank employs 7,000, more than other retail banks in Massachusetts. That’s down from 9,000 in 2007.
“Our commitment to Massachusetts is stronger than ever and that is backed up by our local lending and charitable giving,’’ Crawford said. “We will remain a major employer in the Commonwealth for years to come.’’
Yesterday, the bank told Connecticut officials it will be laying off more than 100 workers in Hartford and East Hartford.
Spokeswoman Nicole Nastacie said the bank is eliminating 56 positions at its Hartford cash vault site, transferring the work to Dedham and Schenectady, N.Y.
The bank is also exiting its East Hartford lockbox site, affecting about 50 workers. The work will be relocated to Boston’s Dorchester neighborhood. The move was originally announced in 2009.
http://youtu.be/4qVfuRgx5Og