Bank of America, another wrongful foreclosure?

March 9, 2010 | By Jim Kim

What's frustrating about gaffes that Bank of America (BAC) has suffered with its mangled attempts at home repossession is that they seem so avoidable. It's happened again.

Angela Iannelli, of Pittsburgh, has sued Bank of America in Allegheny County, claiming her mortgage payments were on time when a contractor for the bank showed up to take her home. The contractor allegedly damaged furniture, took her pet parrot, shut down utilities and pad-locked the door.

According to the Piitsburgh Post Gazette, Bank of America representatives were of no help, asking her to stop calling, saying they were "tired of hearing from her," putting her on hold and then hanging up on her. Later, Bank of America called to say it had "made a mistake." But they forced her to travel to another town to get her parrot back. Bank of America has allegedly "foreclosed" on the wrong house in other cities as well. The suits are piling up. In at least one case, the contractor hired by the bank simply got the wrong address.

For more:
- here's the article