About a month ago we brought you the story of a man who was willing to risk his house going into foreclosure unless the bank refunded a $25 fee it had wrongfully charged. He crossed his arms and stopped paying his mortgage. Fees mounted. The bank ignored his letters. His house was scheduled for foreclosure. It was the ultimate in real estate brinkmanship. Now, four days before the auction, the bank has blinked. [More]
heroic gestures
Man Lets House Go Into Foreclosure Over $25 Fee
By 11.16.10
I think this qualifies as cutting off your face to spite your nose.
UPDATE: It seems our reader may have the last laugh, letting the house go into foreclosure, then buying it back at a discount.
