McMillan Law Group
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October 2010 Archives

Banks are back in the foreclosure business

Bank of America announced October 18, 2010 that it was once again back in the foreclosure business. Having flouted laws in 23 judicial foreclosure states and often wrongfully foreclosing on homes they should not have Bank of America and five other major lending institutions announced a halt to all foreclosures in the country.
Two weeks later they claim to have rectified the problem and are once again marching like a locomotive to foreclose on American Home Owners.

Bank of America Foreclosure by Accident

As reported this week in the Huffington Post and many other major national Newspapers, Financial Institutions such as Bank of America and JPMorgan Chase have admitted that they may have accidentally foreclosed on American Homeowners.
This means that many homeowners who faithfully paid their mortgages were wrongfully foreclosed on. As well, we see that these Banks have initiated deficiency litigation against these Borrowers trying to collect a debt that is simply not due.
If you are facing wrongful foreclosure, contact the McMillan Law Group to bring an end to the frustration and misery of trying to seek resolution by dealing with someone on the end of a 1-800 number. Call 858 375 1816 to schedule a consultation with an attorney.


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San Diego, CA 92106

Phone: 619-880-4371
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