Banks in their zeal to foreclose are forgetting the basic principal of due diligence and foresight. Bank of America, by far is, the most despicable bank in its response to loan modification request. Its customer service is horrible, slow, lazy and would tell you quite often that they never received faxes, letters or financial statements despite you sending them many times. It has eaten up lots of bailout money, very slow in customer service and in doing loan modification, continuously lose all the papers sent to them, and mostly manned by rude customer and loss mitigation people. These folks have no basic milk of human kindness. Their stock is continuously going lower everyday but still they are not learning any lesson. This news came from Florida where the homeowners paid all cash for his home yet BOA still foreclosed their home.