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Bank: Early payment foreclosure a mistake


UPI News Service, 08/23/2011 

Bank of America said it made a mistake in filing to foreclose on a retired Florida couple who made their mortgage payment a week early.

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The bank said Monday James Bullington, 78, of New Port Richey, and his wife Sharon, 70, will be returned to their loan modification plan and foreclosure proceedings will be halted, the St. Petersburg (Fla.) Times reported Tuesday.

The Bullingtons said they made their mortgage payment for January a week early, when it was still December. Officials told them the bank dropped the couple from their plan and filed for foreclosure because the payment was not made during the month in which it was due.

"We apologize to the Bullingtons for this error, and we hope to have a response for them shortly," Bank of America spokeswoman Christina Beyer Toth said.

James Bullington is bedridden with a terminal illness and Sharon serves as his sole caregiver, the couple said.



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