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Archae

(46,311 posts)
Thu May 31, 2012, 06:55 PM May 2012

Bank of America is so corrupt, they should be closed down for good.



A Phoenix, Arizona woman is taking on two mortgage giants, Bank of America and Fannie Mae, and the case is making its way through federal court. Lilly Washington is representing herself, and seeking ownership of her home and compensation for belongings that were thrown out when her home was wrongfully foreclosed.

Washington was in the middle of a loan modification with Bank of America when her son who is in the military was wounded and sent to a hospital in Germany. She informed the bank that she needed to go be with her son, and BoA assured her in a letter that they were aware of her trip and: "will await your return so that we can finish the loan modification process." She thought everything would be fine until her return.

But just days after leaving, the bank foreclosed, and Fannie Mae took ownership of her home:

http://occupyamerica.crooksandliars.com/diane-sweet/bank-forecloses-while-woman-visits-wou
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Bank of America is so corrupt, they should be closed down for good. (Original Post) Archae May 2012 OP
yep. nt limpyhobbler May 2012 #1
Unless she is an attorney, she doesn't have a chance in Federal court. That's just the way it is. AnotherMcIntosh May 2012 #2
They lie all the time. YellowRubberDuckie May 2012 #3
Bloodsuckers lpbk2713 May 2012 #4
Hear, hear! slackmaster May 2012 #5
Lilly Washington needs to seek better counsel taught_me_patience May 2012 #6
 

AnotherMcIntosh

(11,064 posts)
2. Unless she is an attorney, she doesn't have a chance in Federal court. That's just the way it is.
Thu May 31, 2012, 07:17 PM
May 2012

Judicial appointments have been obstructed and delayed. The current judges are swamped with pending cases. None of them have the time to act like a small-claims court judge. The BofA, in contrast, can hire all the legal talent that they want. They can raise objections under rules which Lilly Washington has never heard of. The easiest thing for a Federal judge to do to lighten his load is to dismiss a case.

YellowRubberDuckie

(19,736 posts)
3. They lie all the time.
Thu May 31, 2012, 07:19 PM
May 2012

Something I have been finding out more and more since I started really looking at the mortgage company I now no longer work for. It got to be too much!

lpbk2713

(42,750 posts)
4. Bloodsuckers
Thu May 31, 2012, 07:25 PM
May 2012



I'd like to see BoA get what they deserve but I'm not optomistic.
They grease too many palms in the apparatus that regulates them.


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