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Monday, September 26, 2011

Paralyzed Oregon Man, Living On $22,000 A Month And Able To Pay, Fights Foreclosure

This is the story of one man’s Kafkaesque mortgage nightmare: Days after Bank of America told Robert Galanida it was investigating a discrepancy in his home loan and that he could withhold payments in the meantime, the bank moved his home into foreclosure. Though he had the money to pay, the bank quickly sold his home and moved to evict him.

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1 comment:

Anonymous said...

Bank of America is not only 'too big to fail' but too big to operate as a company in any form or manner. All I see from the news is that they do not have a clue as to what they are doing as a bank or business. They need to be broken up and disolved into seperate corporations!!