Banks accused of illegally looting homes: Lawsuits detailing bank break-ins keep surfacing

Banks accused of illegally looting homes
'When a burglar goes in, they don't take your photos and your husband's ashes,' says alleged victim of wrongful foreclosure
By ANDREW MARTIN
December 22, 2010

TRUCKEE, Calif. — When Mimi Ash arrived at her mountain chalet here for a weekend ski trip, she discovered that someone had broken into the home and changed the locks.

When she finally got into the house, it was empty. All of her possessions were gone: furniture, her son’s ski medals, winter clothes and family photos.

Also missing was a wooden box, its top inscribed with the words “Together Forever,” that contained the ashes of her late husband, Robert.

The culprit, Ms. Ash soon learned, was not a burglar but her bank. According to a federal lawsuit filed in October by Ms. Ash, Bank of America had wrongfully foreclosed on her house and thrown out her belongings, without alerting Ms. Ash beforehand.

In an era when millions of homes have received foreclosure notices nationwide, lawsuits detailing bank break-ins like the one at Ms. Ash’s house keep surfacing.



Mimi Ash, seen at her home in Truckee, California

Read the full article at:

http://www.msnbc.msn.com/id/40777392/ns/business-the_new_york_times

First they write bogus loans and sell them as securities

And then because they have DESTROYED all the paperwork (Destroying Evidence) they now think they have the right to foreclose any home they choose