BofA Sorry After Padlocking House Not in Default, Taking Owner's Parrot

Bank of America Corp. apologized after its local contractor entered the home of a mortgage borrower when she was away, cut off utilities, padlocked the door and confiscated her pet parrot, Luke. A Bank of America spokesman said Wednesday a bank employee erroneously believed the house was vacant and sent the contractor there with instructions to install a new lock and otherwise "secure" the property. The bank spokesman said those instructions were inappropriate because the homeowner wasn't in default and the house wasn't vacant.

Read about the lawsuit and Bank of America's response @