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Thursday, September 23, 2010

Hey, it's only fair. The banks can do what they want...


Bank of America forecloses on a man who has no mortgage

Jason Grodensky, a Fort Lauderdale man who bought his house with cash last December was surprised to discover that Bank of America had foreclosed on him, though he has no mortgage. Florida's foreclosure mills being what they are, the checks and balances against erroneous foreclosure have eroded to the point where banks can seize and sell homes they have no interest in.

Read more:
http://www.boingboing.net/2010/09/23/bank-of-america-fore.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+boingboing%2FiBag+%28Boing+Boing%29

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