Connect with us

Hi, what are you looking for?

The American GeniusThe American Genius

Housing News

Elderly homeowner foreclosed upon for paying mortgage a few days early

Wrongful foreclosures increasing in number?

We’ve seen banks foreclose illegally on the wrong address, illegally foreclose on soldiers fighting abroad, foreclose on homes that are fully paid off with no mortgage, and even on homes that had new homeowners in them which they no longer held the mortgage for. It is not uncommon to hear stories of homeowners that were blindsided by banks’ hired guns showing up to their home while they are at work, only to come home to their house ransacked and empty. These tales, despite an unofficial freeze in foreclosures, are rising in number, mostly among the largest banks with the most complicated methods of communicating with consumers and mortgage holders.

70 year old foreclosed upon for early payment

Today, Bank of America has been persistent in foreclosure proceedings of 70-year-old Sharon Bullington in Florida whose husband is ill and bedridden which has led to high medical bills and financial difficulties for the couple, reports the St. Petersburg Times.

Bank of America granted Bullington a HAMP loan modification which she believed would save her home from foreclosure, but when she made her January 2011 payment on December 23, 2010, the bank notified her that the would no longer accept her mortgage payments and that foreclosure proceedings would begin. The reason? Bank officials say the foreclosure could not be stopped because “In accordance with the Trial Payment Letter dated December 15, 2010, it indicates that if you are not able to make each payment in the month in which it is due, you will not be eligible for a modification under the Home Affordable Modification Program.”

Cold response from Bank of America

Bullington says over the months, she has contacted Bank of America repeatedly but that no one would talk to her or return her calls. She appealed to the CEO of Bank of America whose assistant responded in a letter indicating that the only means of avoiding foreclosure was to sell her home in a short sale or simply sign it over to the bank. The letter closes with the cold line, “I understand that you may be disappointed with our final resolution and appreciate the opportunity to clarify this matter. While this may not be the response you were hoping for, I trust I have addressed your concerns.”

Advertisement. Scroll to continue reading.

Bullington has no children or siblings and is the sole caregiver for her ill husband, making it impossible to move while he is in this condition. The Times reports that she wants Bank of America to know how her situation feels. “I just don’t understand why they’re doing this. It looks like they’re out to get us.”

As in many cases that capture media attention, upon being contacted by the St. Petersburg Times, Bank of America said it is now going to “re-review” the case.

Tara Steele is the News Director at The American Genius, covering entrepreneur, real estate, technology news and everything in between. If you'd like to reach Tara with a question, comment, press release or hot news tip, simply click the link below.



  1. elizabeth cooper-golden

    August 26, 2011 at 4:37 pm

    WHY do folks continue to even consider BOA as a lender? I have buyers that don't get that this could be THEM. I am now hell bent on saving each of these articles, tracking down some old ones and making a file to show them each and every time BOA comes out of their mouths. Enough is enough.

  2. Steve Nicewarner

    August 26, 2011 at 4:37 pm

    Makes me wonder why Buffett was willing to put $5 Billion into such an unethical company.

  3. Paula Henry

    August 26, 2011 at 4:55 pm

    One step too far and yet they continually get away with this crap! I try to talk my clients out of using BofA. They have not closed one loan on time this year and make the most petty demands.

  4. Brad | Home Loan Artist

    August 26, 2011 at 5:59 pm

    Actually, I am not surprised Bank of America did this. They are so unorganized, I'm only surprised it doesn't happen more often!

  5. Joyce Cauthen

    August 29, 2011 at 3:06 pm

    Law enforcement, together with the regulatory, need to file a cease and desist against BOA – The regulators need to shut them down. If they don't, then the regulators need to be removed from office and every congress person along with them.

    The republican candidates are making laughing stock out of the peopole because they expect to get the people's vote, but by the same token, they do nothing to represent them against the pillage that is going on. In fact, the candidates are not even talking about it. Going to be more of the same.

    And I have to ask myself – WHY? Why don't we just build more prisons and put the people in them early on. AFter all that is what is happening if we don't end up at the slaughterhouse first.

Leave a Reply

Your email address will not be published. Required fields are marked *


American Genius
news neatly in your inbox

Subscribe to our mailing list for news sent straight to your email inbox.




Real Estate Technology

(TECH NEWS) It turns out that Internet of Things, like smart bulbs in homes, are not secure and give up your info - here...

Real Estate Marketing

(MARKETING) Your fancy, self-animating website might be making people violently ill, even if it is insanely beautiful. Sorry...

Real Estate Marketing

(MARKETING) Conduit is a CRM that does more than CRM, it analyzes your networking data to help you see how to improve your relationships.

Real Estate Corporate

(REAL ESTATE) Zillow has long been a data powerhouse, but a lawsuit about a $150M listing offers a look into listings claims.

The American Genius is a strong news voice in the entrepreneur and tech world, offering meaningful, concise insight into emerging technologies, the digital economy, best practices, and a shifting business culture. We refuse to publish fluff, and our readers rely on us for inspiring action. Copyright © 2005-2022, The American Genius, LLC.