http://www.winknews.com/Local-Florida/20...-for-homeowner-

Shame on you Bank of America for letting this go to this extreme and way to go homeowner for taking charge and going after Goliath!

All this to collect $2534.00?? Looks like a publicity stunt for the attorney. I'm sure his fees along with all the trucks and workers far exceeded the amount recovered leaving the homeowner still getting screwed....first by the bank and second by his attorney. The attorney probably received tons of calls from defaulting homeowners as a result of this charade.

Absolutely a parlor trick - I bet they had fun doing it. A little over the top - but hey when you are ticked off - you'll do a lot of crazy things. Lets not forget the cost of the movers and trucks - set outs are expensive. Lets say six guys - at $25 an hour each - and you gotta pay whether they touch anything or not. I had to have cost them more to go through with this little trick then what they got back - but I bet they are still laughing.

I bet you are a lot of fun at parties.

Hell who cares what it cost, sometimes you have to pay up something to have some fun with these knuckleheads.

This is hilarious! And BOA deserved it. Good for the homeowners' morale, good for the atty's business, and good for the little guys all over the country.

Good for the attorney and the wrongfully foreclosed homeowner. No sympathy for the bank from me. Anyone with common sense who worked for the bank would have paid the money owed to the homeowners and closed the file.

This is an example of poor management if you ask me and is why I do not work for large corporations today.

Banks historically have acted however they wish, have never been held accountable by their customers. You NEVER argued with a bank. Bankers were "respected" under the perception that they were honest and upstanding. It was assumed that they were always right.

The dirty secret is that they have been and always will be, mismanaged, petty fiefdoms from the corner bank to corporate, and they don't care.

In the default crisis people have come to believe that banks are "mean" because of their destructive behavior. They're not. They're just stupid, disorganized and reckless top to bottom.

I think this is too funny, I wonder how that particular branch will ever get over that bad press. I am wondering why the people didn't go after emotional damages.

This happened in my town. They had the guy on the news. I guess he is now looking for attorney fees to cover his cost from pulling this stunt.

Unfortunately, for the general public, banking regulators are always behind the banks themselves when it comes to what they do and how they operate.
Forty years ago, the PA state banking regulations only allowed banks to operate in the counties of their headquarters and in any contiguous counties (counties that their county shared a boundary with). We only had the big banks in Philadelphia and Pittsburgh. When the regulations changed, it brought in the big financial service companies with their uber banks.
Now with mergers and acquisitions, almost all of the "local" bank branches have top management out of state sitting in protected towers oblivious to the everyday working customer.

The banking system overall is really a giant confidence game. That was what the whole financial crisis in the Fall of 2008 was about. A huge loss in confidence. The only way fractional reserve banking functions is a bet that only a certain/small amount of people will withdraw their money at the same time. If confidence falls and you have a massive run on the banks, there is not enough money in the system to pay everyone their deposits.
This is the result of a fiat money system, and its not just a problem here in the US. All banking systems in the world follow this system, even currencies that are supposed to be backed by metal(i.e. British pound and the Swiss franc) are still structured by fractional reserve banking.
If confidence goes away, so does the economy. Its unfortunate and scary, and is a big reason why we're going to eventually have to start a serious debate about re-introducting a hard currency standard that is tied to metal like gold, but without the fractional reserve method. A great book to illustrate this is "The Creature from Jeckyll Island", that does a pretty solid job of explaining how the international banking system works.
I think one very interesting fact that no one ever talks about is this - from the late 1700s until 1914 a US Dollar was worth the same, inflation was almost 0 during that entire period. Why? Because we didnt have a fractional reserve banking system to manipulate our money supply. The economy grew to be the largest on earth in that period, so its a misnomer to say we will have no economic growth without an increase in money supply. What happened in 1914? The creation of the Federal Reserve and our modern banking system. It had 2 mandates - price stability and full employment. Well you can debate what you want on the employment picture, but it has been an utter failure on price stability. The US Dollar has lost over 95% of its value since then. Productivity growth is the only thing that has kept us alive in this fiat money system.