This Is All Kinds Of Wrong of the Day: When Bank of America told a Texas man that his home was being foreclosed upon, he thought that was a bit weird. You see, Brad Gana’s home was destroyed by Hurricane Ike three years ago.
Gana had been dutifully paying his mortgage since despite not having a physical home in the hopes of being able to rebuild. But Bank of America raised Gana’s rate after it incorrectly placed homeowner’s insurance — on a home that doesn’t exist — and didn’t bother letting him know.
BoA said it had mailed several notices, but Gana points out, again, that his non-existent home didn’t have a mailbox. Gana says he gave the bank an e-mail address and two phone numbers, none of which were used.
Making matters even more infuriating, the foreclosure notice came two days before his property was due to go on the auction block. “Bank of America is ruthless in their incompetency,” Gana told Local 2.
A BoA rep released a statement saying they “have contacted Mr. Gana” and “will work with him directly to address his concerns.”
[kprc / huffpo.]
The Bank of DIAF is more like it.
Here’s my own BoA horror story:
My wife and I were on our honeymoon and stayed at a B&B chosen at random in St. Augustine, FL on our way to Savannah, GA.
We liked it so much there that we planned on stopping there again on our way home from Savannah.
However, once in Savannah, we determined that it would be best to just drive straight home to save some money so we canceled our reservations at the B&B in St. Augustine. We gave them at least 48 hours notice.
So a couple days after we get home, I check our bank account online and see that about 15-20 automatic transactions in the red and a negative balance of over $300!
Apparently, the B&B charged us one night’s stay because we didn’t give them a week’s notice of our cancellation. This stipulation was nowhere to be found on any of the documents we had signed. And the clerk never mentioned this when we called to cancel. We made copies of our receipts and sent them to BoA. They refunded our money back but then, for some reason, they took our money and gave it back to the B&B which resulted in even more negative transactions taking place.
It literally took several months just to get back in the black from all the damn overdraft/insufficient fund fees.
I have had a severe disdain for BoA ever since and honestly wish they fail their assess off. And if I ever win the lottery, I’m buying that B&B and bulldozing the shit out of it with a bulldozer made out of dynamite.
That was the crappiest way to start our marriage. Yes, after 5 years, I’m still bitter about it.