3.2
August 22, 2011

For Shame: Bank of America forecloses on Terminally Ill Elderly Man & Wife who Paid Week Early.

Some choice comments:

How dare they pay early!

What’s the matter Bank of America? Run out of puppies to kick?

The sad part here is that “re-review” is only happening because they got caught…with this case.  How many more of these violations of human decency have they been allowed to get away with?

Make noise! Let’s share up this story, ask Bank of America’s president Brian Moynihan and aide Ana Olivera to think twice, do the right thing: the Bullington’s are ready and willing to pay their mortgage.

It worked for me, and my situation was far less dire. ~ ed.

~

James & Sharon Bullington of Tampa Bay.

For the full story, click here.

Seventy-year-old Sharon Bullington may lose her home because she paid her mortgage a week early.

That may not make much sense to the thousands of homeowners who are behind on their mortgages in Florida. But it seems it does to Bank of America, which has filed to foreclose on Bullington and her husband, James, 78, who is terminally ill.

“It’s like death to me,” Sharon Bullington said, her voice quivering on the phone Friday. “My husband is bedridden. It’s almost more than I can bear.”

Excerpt:

One of Moynihan’s aides, Ana Olivera, told Bullington the foreclosure could not be stopped. She wrote in a two-page letter that the payment due on Jan. 1, 2011, had been made in December.

“In accordance with the Trial Payment Letter dated December 15, 2010, it indicates that if you are not able to make each payment in the month in which it is due, you will not be eligible for a modification under the Home Affordable Modification Program,” the letter said.

Olivera told Bullington she could avoid a foreclosure by selling the home in a short sale or by signing it over to the bank. The letter said the bank values Bullington’s business and strives to provide exceptional customer service.

“I understand that you may be disappointed with our final resolution and appreciate the opportunity to clarify this matter,” Olivera wrote. “While this may not be the response you were hoping for, I trust I have addressed your concerns.”

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