Sweet, sweet justice: florida homeowners foreclose on Bank of America – We Interrupt Instead of Bank of America foreclosing on some Florida homeowner, the homeowners had sheriff’s deputies foreclose on the bank..

Black Knight: National Mortgage Delinquency Rate Decreased in April, Foreclosure Inventory Lowest since August 2006 More than 2.6 million borrowers are behind on their mortgages payments, which is the lowest number since august 2006. black knight financial services delinquencies foreclosures 2017-02-22 staff Writer

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Sweet Justice! Couple in Florida Foreclose on Bank of America. Posted on June 4, 2011 by lowtechgrannie lowtechgrannie | Leave a comment. You’ll all love this one! It’s a classic switcheroo! A Florida couple who paid 100% cash up front for their home was foreclosed by Bank of America.

Bank of America, one of the "too big to fail" financial institutions, has failed, and in several ways, in this story that seems sweet justice to those who blame wall street for the Great Recession: the bank was essentially foreclosed upon.

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According to this report from Collier County, Florida, Bank of America brought proceedings against Warren and Maureen Nyerges, seeking to foreclose on their home for failing to pay the mortgage. This was a shocking development for the homeowners, especially since they had paid cash for the house and never had a mortgage at all.

Lawyers for evicted homeowners. will scrutinize foreclosure documents, case by case. Peter Ticktin, a Florida plaintiffs’ attorney, said, "Pragmatically, it is impossible" for the bank to fix.

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