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According to this report from Collier County, Florida, Bank of America brought proceedings against Warren and Maureen Nyerges, seeking to foreclose on their home for failing to pay the mortgage. This was a shocking development for the homeowners, especially since they had paid cash for the house and never had a mortgage at all.
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Sweet Justice! Couple in Florida Foreclose on Bank of America. Posted on June 4, 2011 by lowtechgrannie lowtechgrannie | Leave a comment. You’ll all love this one! It’s a classic switcheroo! A Florida couple who paid 100% cash up front for their home was foreclosed by Bank of America.