Foreclosure whistleblower discovers Bank of America sued itself

The whistleblower who revealed the robo-signing scandal recently discovered that Bank of America sued itself for foreclosure. While this may seem like a joke it actually demonstrates how horribly large banks have mishandled foreclosure documents.

Lynn Szymoniak, a Palm Beach, Florida foreclosure attorney, who battled her own foreclosure with Wells Fargo and won $18 million for uncovering the robo-signing scandal, recently discovered that Bank of America sued itself for foreclosure numerous times throughout the month of April, signaling that even banks can’t identify who owns a mortgage.

According to Szymoniak, in one instance Bank of America foreclosed on a condominium listing Bank of America as the owner and is actually seeking damages from itself t in order to foreclose on the condo. Bank of America spokeswoman Jumana Bauwens told the Huffington Post, “We are servicing the first mortgage for an investor and we own the second mortgage. Naming the second lien holder in the suit is necessary to eliminate the junior interest.”

Despite Bank of America’s statement, Syzmoniak and other foreclosure lawyers say this indicates that banks are still using rob-signing to process foreclosure documents even though they have reassured the government this practice is no longer being employed.

Many people have wrongfully lost their homes to robo-signing and other fraudulent paperwork practices.  Some people, who hired savvy foreclosure attorneys, have been able to prevent an unjustified foreclosure, but there thousands of homeowners that could not. And the fact that banks may still be engaging in fraudulent practices means the foreclosure crisis may be far from over.