Reasons BoA gave for foreclosures.

[flippinout]

We all know that there have been a lot of foreclosures in the recent past and that many of them were questionable as to techniques used to do the foreclosures.

But even more disturbing are some of the reasons used to make the foreclosures. Here are a few by Bank of America.

The troubled bank has also had its fair share of bad press as a result of allegedly improper foreclosure practices. In just the past year, BofA has threatened foreclosure on an elderly couple for making a payment too early, as well as on a man whose home was destroyed by Hurricane Ike in 2008. Most recently, a man in Tampa almost lost his home when he was $0.80 short on a loan modification payment after dialing a "0" instead of an "8" while trying to pay over the phone.

Does anyone read the actual reason the people made mistakes and why foreclose on someone just because they made their payments early? What a load of crap.