Tuesday, July 14, 2009

Money & Business

The Home Front by Alex Markels

Police Say Man Stayed in Foreclosed Home

July 22, 2008 12:21 PM ET | Luke Mullins | Permanent Link | Print

Expect to see more stories like this as the national housing crisis rumbles forward.

From the Lincoln (Neb.) Journal Star:

Police arrested a 53-year-old man on suspicion of trespassing after he refused to leave his southeast Lincoln home, foreclosed upon a year ago.

He had moved back into the house after Nov. 16, 2007, according to a Lincoln Police affidavit. On that day, a US Bank real estate employee called police to say [Kerry] Donovan had refused to leave the property that was deemed in May 2007 to belong to the bank.

Bank agents were unable to gain entry to the house, in part because of security lights and security dogs Donovan placed there, the affidavit states.

This was apparently not Donovan's first run-in with US Bank:

According to the Journal Star:

This spring, Donovan protested with a handwritten message on a sandwich-board sign outside Lincoln US Bank branches.

The back of his sign read: "USBank 4Closes Illegal." The front: "Honk if USBank Sucks."

Tags: Nebraska | police | housing | foreclosures

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Reader Comments

figure it out, since when does SWAT get involved in bank business? It is only getting worse, I've spoken with many others who have also been similarily victimized & had the unlawful use of police force used against them when they are fighting back against illegal foreclosures!

lame

HAHAHAHAHAH I KNOW HIS SON!!!!!! KIDS IN A SAND BOX!!!! HAHA. WELCOME HOME BUDDY!

i think thats a bunch of bull S*it.

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Associate Editor Luke Mullins tracks the treacherous housing market and explains how to unload a five-bedroom McMansion or even find that dream home.

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