Tuesday, January 17, 2012

Mortgage typo fixed six years ago, but Bank of America sued anyway

PLANT CITY --

Bank of America sued Barbara and Rick Borchers for foreclosure because of an error on the deed to a home they sold eight years ago.

It turns out, though, the deed was already corrected – six years ago.

"I think Bank of America owes this couple an apology," said Warren Weathers, chief deputy for the Hillsborough County Property Appraiser's Office.

"Did they look hard enough? What kind of research did they do, because obviously they missed it, and it's not something that they could of, should of, easily missed."

This is the latest twist in a story first reported in The Tampa Tribune last week. It illustrates the complexity of foreclosure and how easy it is for innocent homeowners to get pulled into someone else's financial trouble.

It all started in 2003 when the Borchers sold their home. The title company made a typo on the deed, according to the lawsuit and public records.

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