WITNESS VERIFIES ADMISSION OF ILLEGAL FORECLOSURE BY BANK OF AMERICA
A new legal tool in the foreclosure crisis is suing for wrongful foreclosure. Jacqueline Horton’s condo was illegally foreclosed on by Bank of America and her property sold at auction July 7, 2010. On September 9, 2010, she hired Axsmith Law to fight back and is suing for $3,508,500.00 under DC law.
Ms. Horton is suing Bank of America for not only illegally foreclosing and selling her property, but then buying it in a directly self-dealing transaction. While it is common practice for banks to buy properties they have illegally foreclosed on, it is also fraud. Axsmith Law intends to attack this fraudulent scheme.
When Bank of America sent Jacqueline Horton a letter with a phone number on it, she expected it to be correct. When that phone number was given as a source of information about her mortgage loan, she expected the information given to also be correct. It wasn’t. Her home was foreclosed on illegally by Bank of America while she was told to not take legal action because the foreclosure process was put on hold. She lost her home as a result and faces homelessness for her and her children. And we’ve got a witness: DC Housing Counseling Services, 2410 17th Street NW, Suite 100, Washington, DC 20009.
Christine Axsmith, Esq.