Posted on 09/09/2012 6:32:07 PM PDT by driftdiver
Alvin and Pat Tjosaas, a retired couple in Woodland Hills, Calif., had the bad luck of having their home mistaken for a neighboring foreclosed home and being cleared by contractors hired by Wells Fargo -- not once but twice.
(Excerpt) Read more at news.yahoo.com ...
perhaps banks should be required to post a bond and pay for a month of storage.
Usually houses in that kind of danger have already been vacated and nothing but junk left behind. That’s why the law hasn’t cared much about providing safeguards. But a bond against mistakes would make sense. That would provide a reason for banks to iron such mistakes out of their processes. Too bad SWAT raids can’t also require bonds.
Almost makes you wish John Dillinger, Baby-Face Nelson, and Pretty Boy Floyd would come back to life, doesn’t it?
oh, they’re insured. It’s just not talked about. You never divulge your insurance position as it promotes scams and such.
K&R is a big one to never talk about (kidnap and ransom). You work for a major U.S company and are sent abroad, you’re insured and don’t even know it.
These days, that's cheap.
Wells Fargo is dense when it comes to obeying the law. They are far too California centric.
Though I do advise all to stay FAR FAR FAR away from Bank of America. (like the plague)
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