Homeowners File Class Action Lawsuit Against Bank Of America For Allegedly Failing To Modify Troubled Mortgages
A class action lawsuit was filed against Bank of America in U.S. District Court, Western District of Washington (Seattle), No. 10-00488, on behalf of homeowners alleging that Bank of America reneged on a promise to modify troubled mortgages as a condition to accepting twenty five billion dollars of federal bailout money, according to a class action news report at news.yahoo.com/s/nm/20100323/us_nm/us_bankofamerica_mortgage_lawsuit.
The Bank of America class action lawsuit reportedly alleges that Bank of America agreed to take part in the U.S. Treasury Department’s $75 billion Home Affordable Modification Program (HAMP) since it accepted bailout funds from the Troubled Asset Relief Program (TARP), but allegedly had an incentive not to modify loans because doing so might cause it to repurchase more loans, collect lower servicing fees, or assess lower default charges because fewer payments would be deemed late.
If You Have Thoughts On The Bank Of America Mortgage Modification Class Action Lawsuit, Share Your Class Action Comments Below.
Subscribe To Receive Class Action Comments Via Email
I think the best thing to do is to get an attorney and file a lawsuit against BOA. Calling HUD or your Attorney General isn’t going to do anything and it isn’t going to save your home. You just need to research attorney’s in your area and call until you find one that you can work with . Who knows there could be attorney’s out there that will take the case pro bono. The only way the mess is going to get cleaned up is if a lawsuit is brought against them, then they will know you are serious.
Yeah, looks that way. Just got off the phone with HUD. The HUD rep said they have the right to do what they’ve done. My reply was that they have the right to screw the public. He replied, “Well, I wouldn’t say it that way. They have some flexibility.” What?? They read the Kama Sutra, now???
Talked to the FTC, filed a complaint, and now I’m talking to the Office of the Controller who deals with BOA issues. I’ll be looking up attorneys, too. Got no money to pay for one, but who knows?
Steve: please stop complaining if you got it all worked out, so why do you need an modification? I’m not understanding this post, most of us have lost income due to job hours being cut back or injured on the job. explain.
It isn’t worked out. They are back-loading my original loan with $5,400 I already paid them, and calling it a delinquency because it sat in a partial payment account. I did the trial period. I played their game, and their “offer” doesn’t pass the sniff test. I’m only paying $7.90 less than my original mortgage payment, and my loan balance is $5400 more than it was???? You call that worked out??? This is how they help people keep their homes??? It isn’t complaining; they are crooks. BTW, I don’t need to justify why we needed a modification. It was already explained briefly.
Steve: explain your situation to an Attorney, an Attorney will send BOA letters to them, once they see your not playing with BOA, their get scared! don’t send me emails about what you don’t have to justify to me, I have my own problem with those a whole’s and don’t need your smart comments nor do I have the time, I gave my thoughts and my opinion to your post, this is a site for all of us, not just you or Joy, both of you are acting like children, don’t get yourself so upset if someone misunderstood you, get over it!
We turned down scum of americas midification offer and have spent two years of hell with them. They immediately ruined our credit and raised our original payment and sent it to foreclosure. We hired an attorney. He was all gung ho about it until just now telling us there is nothing we will get from them except our mortgage brought up to date. He was going to take 40% of whatever we got but now he is saying he will take nothing. A complete turn around. So did scum of am. get to him with green or what? No one is going to go up against this monster and no one is going to protect the little people. They are ruled against in so many cases–being ordered to pay millions and millions but our little 100,00 is what they are fighting.Thing is other people we know personally went through same thing, now thought they were all settled til one day SOA sends a person to their house to take pictures because the house had been deserted and no one lived there. There is NOTHING good that can be said about these scum sucking bottom feeders.
A lady who was loseing her home to Bank of America. she had put in for a modification paying on the modification it never went down BOA was getting ready to take her home. I refered her to our State Rerpersentive and she got good results. They call bank of america told them the law and she was able to keek her home. for get the lawyer for now. Use your state Repersentive the people you vote for and put in office.
I also contacted every person clear up to the white house and every letter I received said the same thing—there was nothing they or I could do. So that was all worthless.
To Joy: If BOA gave you a trail mod payment, girl take it and run, at least they are doing someone’s loan because they are jackass’s and money hungry people, I’m waiting to see what they are going to do with my loan,since they reopen it last month, I’d raised so much hell they became scared, I was told by an Lawyer what to say and how to say it and plus I’d paid a person from a good source that used to work with BOA, so she knows what to do, it you read my last week post, she stop the sale on my home last year in December, I trust her and she’s a bad ASS, She don;t play with BOA. otherwise folks file chapter 13 if you are not happy with the out come, DON”T LET THEM WIN AND TAKE YOUR DREAM HOME!
Sheliah, I don’t think you are understanding what some of us have said. Many of us have gone along with BOA’s trial modification program then turn around and your home has been foreclosed, some even while in the trial period! That is some’s beef. Of course I took what BOA offered and still I am in a trial after signing their final papers! BOA has never finalized it and won’t give me any info other than to say I am in my 4th month of the 3 month trial! This is what has happened to many on here. Filing a Chapter 13 does NOT guarantee you will be able to keep your home–many have lost it in the filing. And if it is not necessary for other reasons, why file a Chapter 13 just to try to keep your home and have that in addition to a foreclosure on your credit for 7 years? Bankruptcy is not the answer. I also don’t think Steve has been complaining, he has simply stated what all he has gone through and still be in the place he is. It really doesn’t matter why anyone has gotten to this stage—no reason is better than another. We don’t need anyone to try to run this site—it is for all of us and for all of us to work together to come to some solution to this problem.
To Joy: as far as I’m concern, I’m not trying to run this site, nor do any of us are Lawyers, every ones Mod is different, now so please don’t get upset, do to the fact we all American people are pissed off with BOA for doing their loans and the TARP funding money any kind of way, BOA was giving way over $50,000000 Billion dollars to assistant home owners, and if people like you and Steve don’t take advise from this site, get a Lawyer and let him or her fight your battle for you. don’t think just because someone told you that chapter 13 won’t save your home not true, yes my dear it can, and if you know for sure about your loan, please get legal advise, not from this site ok! we all are suffering too, just like you,me and Steve, I have been with BOA for 5 years, and Countrywide was my second lender who sold my loan to BOA and my first one was Principal and before them was Resource, so the example I’m giving to you’ll BOA have a lot of loans that they have screwed up, You have to fight, fight hard and deal with BOA everybody’s loan is different. and that’s that.
Joy, I’ve been reading everyones comments and I understand everyones position on their individual situations. I do agree that every situation is different as someone else had stated. One thing that I will tell you is that I have been trying to get this making it home affordable modification done since October of last year. This is my third application I have done. One thing Boa has told me is that I could pay my trial payments and that I had already satisfied my trial payments when all along I was never approved for trial payments. Luckly for me I only paid 3 trial payments before I found out I should’ve been paying my regular mortgage payment. I have contacted Boa in one day 7 times and got 7 different answers. So, understand that it is key to be on top of them and to call constantly to make sure that the information you are being given is correct. I wish you luck and hopefully throught everyones experiences that are shared there are answers or solutions revealed.
I went along with BOA for over 3 years after loosing my job to China in 2008 and notiifed them immediately. I missed one lousy paymen and they agreed on a temp modifiation payment which I made faithfulloy each month. It was suppose to only be 3 trail months but I did it “til Dec. 2010 at whcih time BOA Fed EXed me a letter stating my lender would no longer accept my payments and they were going to foreclose. S
Other than you Sheliah, no one has reprimanded anyone else for what they write on here and you know what your assuming does for you–who said Steve and I were not taking the advice from others? Taking advice from this site is not the same as getting someone with legal experince, i.e., an attorney. And my dear, it was a bankrupcty attorney who told me a Chapeter 13 may or may not save your home. Odd how you say this site is not for Steve and I—I do believe that is what I was trying to tell you. As far as I am concerned, if you can’t be nice like everyone else, stay the heck off this site. No one needs you to tell us what to do.
Joy, if you don’t mind ,PLEASE STOP sending childness emails to me, I told you everybody’s loan is different, apparently you are the one who is upset, and confused, I’m handling my business, and you need to do the same, that’s why you are sending nasty emails because you live out of town, lady grow up.
Sheliah,
You are rude and not so smart. I will not read your advice anymore and advise others to do the same.
I still have my house. I have been there. Everything you said is wrong. You are not Big enough to SCARE Bank of America.
People need to unite, and hurt them where they live. No individual can do this!
Do not move out of your homes. Make the prove they have a DEED. Do not pay Bank of America for any new “Scam” programs. Stop Paying period. Save the money-just in case. Do no work with them. Push for Foreclosure-bankrupt them! After foreclosure is filed-demand a Foreclosure Mediation. Once you are in front of a Judge-then you might get a fair hearing. Dont pay shister lawers to Save your Home. Make Bank of America give us all a Principle reduction. It has been 2 years, I still have my home. No Short sale and No Deed-in_lieu! If Bank of America say it is Day you know that it is Night. They are Liars. Agree to Nothing!
STAY IN YOUR HOME UNTIL FORECLOSURE THEN FIGHT!
Stand Together and Dont pay mortgage.
Only money talks
Marna …
I’m not sure if you noticed, but you’ve posted way back here in June of 2010.
The current conversation is taking place at —
https://classactionlawsuitsinthenews.com/class-action-lawsuits/bank-of-america-mortgage-modification-class-action-lawsuit-filed/
That’s the last page of this forum. There is also valuable information on a couple of pages before that. Simply click on “Previous Comments” in light blue at the top or bottom of the page once you get there.
Great post by the way. You hit the nail on the head.
I think that everyone on here is getting a little out of hand with the things they are saying. It looks like everyone is getting mad at one another when they should be mad at BOA. None of us would be in the situation we are in if it weren’t for our shitty economy and greedy corporate america. We are all in this together no matter the reason so we should show support to one another.
I agree with your comment, Thank you, and take care and good luck to each and everyone. Stay strong and put your foot down on BOA, they are money hungry people who have no feelings about what we are going through, they just have a desk and chair to do their dirty work. maybe if this situation happen to them, they would think twice about letting BOA get over on them.
Oh Joy! Just to add injury to insult; we now have the Obama “Neighborhood Stabilization Plan” which will help other people buy our foreclosed properties with help from the Government. Gee? It seems that the Banks all have a win, win ,win? Si? Is this Democracy? Or “Capitalism” moving into Government control? Maybe Glenn Beck IS on to something? (already knew He was… He’s proved it.)
I had gone to a seminar for Home Remodification at our local High School where all the major banks were represented to hear from those that needed modifications. I met with a loan officer who took my info and said a loan officer would be assigned. Sixteen months later with numerous calls my loan mod assigned number (no modification had taken place or even details discussed) was dropped due to B of A incompetence. Also I was forced into an escrow account which RAISED my payments $500.00 per month. At no time did B of A tell me I would be forced into an escow account if I just APPLIED for a loan modification. I was told IF the loan IS modified…then I would need an escrow account. Has anyone else had this situation? I was told to call Freddie Mac to have it reversed to no avail…I am now being forced into a forclosure and my credit is being ruined due to my payment being raised so extreme. My escrow payments are made after my tax refunds come through. That was how I had it set up originally with my budget.
BofA did the same thing to me. Gave me a three month trial period. Opened up an escrow account for the insurance and taxes . My payment then went up. Is this what they call helping the people. When it was all said and done with BofA denied my modification and I’m going to be escrowed my taxes and insurance. What am I going to do………
I was struggling with the original payment and now it is going to be more . I paid my insurance and taxes with my tax return money. They want us to fail
Yes William, we are in exact same position. SOA kept saying we had agreed to escrow just for ASKING about modification. They also said they had recordings of us agreeing. Yet they would not provide them to us or to an attorney. BECAUSE THEY DO NOT EXIST! Our credit was over 700 and they immediately began reporting to bureaus that we were paying parital payments and score dropped below 600. Now we send them payment and they return it and show on credit reports that we have not made a payment since 02/2012. The lawyer we found at first was all gung ho but now says we will get nothing which makes us very suspicious as to why. And as to the office of comptroller—-All they do is forward any correspondence on to Scum of Am. So they are worthless as well.
William Miller fromjune 6, 2010–can you email me with update of your case?
First and Foremost if you are at the beginning of a short sale with Bank Of American **** HIRE AN ATTORNEY NOW **** Protect yourself
This is awful that so much crap has happened to so many people wanting to make things right.
Our story is similar. I lost my job in Nov of 08, I immediately called Country Wide to find out about a loan modification until I can find work again, I was informed to wait until Dec. 08 to contact B of A since they were taking over, I did as they said and was later told that we did not qualify for any modifications and that we should put the house on the market for fair market value. We did Feb 09, but the market dropped further and it appear we would have to do a short sale, at this point we are still caught up on our payments, We missed our first payment and lower the price of the house, still no takers, missed our second payment and lower the price a little further, we then received an offer, at this point we owed 293K and we’re 2 payments behind, the offer was for $269,000 with $50,000 cash down. We thought it would be a slam dunk, Submitted the short sale offer which was less than 10 % short sale in April of 09, 5 months later the buyer backed out due to the process taking so long, 2 appraisals at that time, repeated calls for paperwork from us to which we complied within 24 hours of the request. We put it back on the market the first week of August 09, had another offer within a week of 50 k down and 260k, we thought how could they refuse this and it couldn’t take quite so long since they had all the information from the previous offer, 2 more appraisal, tons of paperwork, repeated calls and cancellations 6 different times by B of A over the past 8 months and still nothing. Finally got an answer as far as acceptance of the short sale offer in May of 2010. B of A wanted $9000.00 from us to make the short sale happen. I don’t have that kind of money. I spent 14 months dealing with the stress of trying to figure out what they are doing, collection calls (1 a week) , trying to keep two buyers from backing out of the deals, showing the house over and over (approx 100 looky loos ), looking for work, sending in bank statements (8 times), pay stubs (8 times) to proove I was unemployed, hardship letters (8 times), 7 negotiators which I could not actually talk to, 30 different people in the short sale department, 4 appraisals, 30 foreclosure auction dates (since 12/30/09) to have to postpone. oh it goes on.
We finally gave up, foreclose on the fucker, our credit is already screwed up forever because of all the delays, 14 months of late payments is just as bad as a foreclosure.
It goes on and on but it is pointless to continue, Bank of America short sale department is as incompotant as they get and if you are currently in the process of a short sale. Good Luck with that HIRE AN ATTORNEY NOW!!!!!! I wish I had from the beginning.
Lance
larsonlk@gmail.com
Lance, hiring an attorney will do you no good. We did and all of sudden he has said we will get nothing. (And he was to get 40% of whatever) And he will wave his fees?
BofA News!!!
Read all about: “Bank of America will pay $108 million to settle federal charges that Countrywide Financial Corp., which it acquired nearly two years ago, collected outsized fees from borrowers facing foreclosure.”
Here’s the website link for the rest of the story!
http://www.msnbc.msn.com/id/37553960/ns/business-us_business/
To everyone on this site,go to http://www.naca.com and see if they can help with your mod loan issues, they have managed to get BOA to reopen my loan file after I have consulted an Attorney in May 2010,NACA is a non-profit org. nationwide, check on their site to see when they will visit your town, the site again is http://www.naca.com and resg. with them
Sheliah, how can I be sending you emails of any kind seeing how I do not have your email address—how would I even get it? You are sounding more and more like a crack head with every thing you post. Now do have a good evening and leave me the hell alone! Grow up and act like an adult instead of a 19 yo.
Joy, first of all when you make comments on this site it will post to your email when you respond to people’s reply, and furthermore I do were a Nurse’s uniform 4 days a week, just went back to work last week from job injury, so this site is not just for people who are facing foreclosure, it’s for American people to come together as one, crack is wack and my blood and DNA is clean. just don’t reply to my comments and just move forward on in doing the right thing. no one has down you nor anyone else on this site, you and the other person, you know who I’m speaking of made nasty comments towards me, So God Bless You, I don’t have the time to entertain your MESS!
Wow, I thought by coming here I may find some type of information that would benefit me in regards to BOA and my issues. I see that I was incorrect. This so far has been a cat fight between people. Listen, I understand that we are all stressed because of the problems we are all facing, but to criticize and berate each other is just wrong. To me, your behavior is lowering yourselves to BOA standards. How are we all going to get through these rough times if we do not stick together and help our fellow American’s out? Just my opinion……….
I agree totally with you! I used to visit this site every day and it was encouraging to know I wasn’t alone but like I don’t have enough stress in my life then to see folks beating up one another verbally? These folks have lost site of the fact we are all in the same boat and on the same team so to speak. No situation is worse then another if we’re losing homes! Everyone get a grip and lets support each other????? Good luck to everyone because if the battles continue I think ill look for another message board. I don’t like feeling like I could be attacked if I say anything that someone doesn’t. Agree with. I certainly don’t need that at this trying time in my life and I came here for support and to read other experiences. Good luck to you all!
I haven’t been on this comment board for a couple of weeks for reasons that I will explain later. But now that I’m back on it and I’m reading some of the comments WOW. It seems that some of us would rather use the comment board to humiliate and to make fun of ones lack of education . When we do this we get off target on why were all here . And we forget the one bond that we all have in common . And that is THAT WE’VE ALL BEEN SCREWED OVER BY BOA .So it doesn’t matter what color you are , what religion you are,or how much education you have , if you are as smart as you think you are you wouldn’t be making comments on this comment board because BOA would know that your to smart to fall for what everybody else has fallen for . But your on this comment board and that tells me BOA doesn’t care about how intelligent you are .Look what I’m saying is were all in this together and by going off on one another only takes our focus off on what were trying to accomplish . As far as the negative comments .I look at it like this these comments are made by individuals that happen to just luck up on getting on the site and is using it for their on entertainment or either BOA has planted some of their people to make comments on the comment board . You all have got to remember this is their website . So lets take advantage of the little bit that their giving us right now and use this line of communication to our advantage to help each by circulating pertinent information that is going to help us fight these BASTARDS . I live in Charlotte NC I’m trying to get charter started here to where we can get our own attorneys to represent us in the class action lawsuit. I urge everyone this is what we should be doing getting together with the people in your sourounding areas to get representation . I would like to see protest gatherings in front of every BOA in the US . I would like to see people pull their money out of BOA . One thing that I’ve found out in my 53 years of being on this planet is that you hurt the Big Man the same way that the Big Man hurts you and that’s in the pocket, Now here my story the reason why I haven’t been on the sight for 2 weeks . Back in Dec. of last year BOA came up with a repayment for me I had to have my downpayment in by Dec. 19 along with the agreement plan . I had overnighted everything to them on the 15 of Dec. My first monthly payment wasn’t due until Jan. 19 . I got a letter from the attorneys of BOA telling me I had 10 days to move off of the property. I went downtown to the courthouse and found out that they had sold my house on Jan.4 Two weeks after they had accepted my downpayment money . I got Action 9 News to come out and do a story about my situaition 2 days later I get a call from BOA asking me what could they do I told them that there was execution to evict me in 10 days and could he put a hold on that until they got this all straightened out he told me no that it was in the courts hands . He told me to let him check into some thing and he would get back with me . He called me back and said that located the monies that I sent them but they can’t locate the contract and that if he was going to do anything for me I needed to send him proof that I sent the contract to them . I told him that I was the one who mailed everything to him and if the downpayment and the contract had to be mailed at the same time if you received the downpayment money then you received the contract because both were mailed in the same envelope . I told him these are the kind of games that you people have been playiny with me for nearly 2 years and I’m tired of them . He told me well then you just deal with Action 9 News then . and he hung up the phone. So I’ve already lost my home I have nothing else to lose but my Pride and Dignity and they will never take that from me . I’m more determined to make these BASTARDS accountable for the lives and families that they are destroying because our government has turned their backs on us . Thats why it so important for us to stick together and to keep informing each other . BECAUSE THE SAME THAT HAPPENED TO IS GOING TO HAPPEN TO YOU IF WE DON’T STICK TOGETHER This is my e-mail address krlaw@carolina.rr.com please reply back
Interesting to hear your story. I’ve had a very similar experience though, at least for now, I’m still in my home.
After months of calls and repeatedly refiling my financials I finally had, or so thought, a settlement. It was heavy handed, but I was so exhausted by the stress and aggravation of the process, I signed the contract and stripped my assets of $9000 the bank demanded to accept the agreement. I sent it to DALLAS by FEDEX on Thursday night. Monday I received another FEDEX-o-gram from a BOA office in PITTSBURGH offering another, more favorable deal. I didn’t understand the why of the second mailing because I had just accepted an agreement. I concluded more than one negotiator was working on my situation (interesting eh?). About a month later I get a cheery BOA collection call telling me my home is in foreclosure because I didn’t return the Pittsburgh mailing. I explained that I had already entered into an agreement. Initially they could not locate the payment and when they did, they could not locate the agreement. I was told this would be placed back in review. Today I’m sleeping in my home. Will I be tomorrow? I don’t know because I cannot spent 1-2 hours on the telephone each time I call in only to discover the bank and its staff are TOTALLY incompetent or, I hope not, corrupt. The recession is heavy on my shoulders and I wouldn’t be in this situation with BOA if I were willing to put employees on the street in a recession they didn’t start. I’d rather BOA step up to the plate and renegotiate the rate and payment structure of my loan. I am not and never have asked for a handout. I HAVE asked for an accomodation to help me, as a small businessman impacted by the Bank’s recession, weather the storm. I used to pledge allegiance to the flag. I’m not sure I can do it anymore.
Ooh, This sounds too familiar….It is obvious that the right hand does not seem to know what the left is doing. Wish Pittsburgh had made me a better offer than the modification! I’d not be sweating every time a FedEx truck rolls by my house! I finally got a phone number for the CEO/Exec offices in Charlotte and talked to a guy who seemed to have his head on his shoulders. He did a cursory review of my mod package and saw some irregularities. He told me not to sign the mod agreement until he had a comprehensive review. He even gave me his name, personal phone number, and took my email address. He even told me that if my negotiator contacted me, to refer the negotiator to him by name. Hope I don’t get a foreclosure letter in the next couple of days. Imagine, a foreclosure letter for paying as agreed! We’ll see what happens.
It is quite obvious that too many offices in too many geographical areas are involved in the process. Every one of the horror stories on this site has this common thread. And, on several occasions, BOA reps with whom I’ve spoken freely admitted that there are several offices and entities involved to enable them to track everything. They do have logs to track packages, but there appears to be little coordination and communication between the offices. You’d think with all the TARP and stimulus money they’ve received they could do better. Instead of too big to fail, they are failing because they are too big.
Oh, oh! There’s a FedEx truck out front! Just kidding; if we didn’t laugh, we’d just continue crying.
BOA IS AS CLOSE TO MAFIA AS ANY CORP CAN GET.WE HAVE THIS IMPRESSION THAT WE WILL AS AMERICANS GET A FAIR SHAKE.NO IT IS A GLOBAL ECONOMY AND WE ARE NO LONGER AMERICANS JUST NUMBERS ON THE BOTTOM LINE. BOFA AND MANY OTHER CORPS ARE TOO BIG TO FAIL AND THE GOV WORKS FOR THE MONEY MEN.THE YOUNG WHITE MALE MUST START TO STAND UP BECAUSE THEY CAN MAKE CHANGES WITHOUT RETRIBUTION
hi ken deleon here,sorry you did not get help from action 9 news,and hello to everyone in need of a lawyer. more people need to contact local TV news hot lines to get attention to there situtation.ken call me again 674-7279 you know area code.
It looks to me like we all have something in common, with the possible exception of Sheliah. Personally, I came across this site hoping to find others in my state who are ready to file a class action lawsuit. Whether or not I do find others, I don’t intend to take this lying down. BoA acts with contempt for the citizens this modification program was supposed to help.
What we have in common is that we applied and were told that we could make a trial payment. Mine lasted December to March. Nobody told me that I was declined. After five phone calls requesting a letter of explanation detailing all they took into account when they rejected my application, I finally got something saying that my expenses are 90% of my income. I could have told them that. I asked what they wanted that percentage to be, and I was told “about 50 to 55%”. If that were my situation, I wouldn’t have needed to apply!
Barbara, the only thing we can do is keep trying to get BOA to do the right thing, BOA are playing games with us American people and we have to fight with our last breath and take a stand, I took a stand and hired an Atty, that still does not mean that BOA will make my loan right, I just know from my experience with the Bank they are Messed Up! and don’t care.
To everybody, give BOA hell and give them back the bull that they are giving Us. GOOD LUCK TO EACH AND EVERY ONE OF YOU.
I would like to first start off by saying are focus should be trying to figure out how we can make them accountable for what their doing . I live in Charlotte NC . Which is the HEADQUARTERS of Bank of America . what they are doing here is their buying up all of the Foreclosure Attorneys . I had got in contact with 10 lawyers here in Charlotte that handle foreclosures 7 out of the 10 told me that they were affiliated with BOA in some capacity and that it would be a conflict of interest for them to take my case the other 3 never called me back .But because I put out enough information out there on this site and becuase people in the Charlotte area saw my story on Action 9 News people started responding .And thanks to BUTCH and Jean Wilson of Charlotte NC they found a lawyer for me . I’ve talked to the law firm they specialize in class action lawsuits . And BOA is one of the main companies that their going after right now . Again what I’m saying is that if we use this site to our advantage we can make this work for everybody. If you’re serious about doing something about this . I need you to go 2 sites piggybankblog.com and the law firms site unitedlawgroup.com Now the piggybankblog.com is a site that was created by one us that’s going through the same thing that we all are going through . But this site is an informative site designed to help those that really are seeking JUSTICE .So the catfighting and the negativity will not be welcomed. So please respect this because this is not BOA paying for this site it’s one of us trying to make a difference
KL,
Could you please email me w/info about the atty. you are using? My husband and I live in Wilmington, NC and are going through the same mess w/BOA and we have decided to hire an atty. Thanks so much for your help!
Sure Tara the name of the law firm is United Law Group their website is unitedlawgroup.com .I just recently got in contact with them so far all I’ve done was send them the information and I’m waiting for a reply after you have gotten incontact with them go piggybankblog.com it’s a site that was built by one of us that’s going through the same thing that were going through I think you’ll find it quite interesting . keep in contact you’re only the third person from NC to get in contact with me we need more people to step up from our state .
Tara I’m sorry I don’t go on this website very often I’m with piggybankblog.com It’s a much more informative and entertaining website. The website for the attorney’s that I’m using is unitedlawgroup.com they just received all of my information the other day , but was told I should hear something from them today. Check out both websites I think after going on to piggybankblog.com you’ll stop blogging on the other site .
Why not spend some of our tax/TARP dollars requiring a legal review of foreclosure and mortgage modification from the borrower’s advocate prior to permitting either to be executed? Perhaps too, require the banks to accept an arbitor’s modification of their “deal”.
Banks have a major dis-insentive to lower rates or payments that would help borrowers through a recession largely caused by the banking industry. Yet, with our tax dollars they have retained teams of well paid negotiators and attorneys to drive borrowers into submission accepting modifications that are truly heavy handed and unfair. Borrowers, on the other hand, are already at an economic disadvantage or they wouldn’t be facing foreclosure…would they? They are not typically in a position to retain counsel to protect their rights and economic interests. It’s a real David and Goliath situation and the FED’s should step in on the side of consumers in this one. After all…they’ve already given Goliath a shield (the TARP) to prevent David’s stone from felling them decisively.
Fairness and equity are words that no longer apply to life in America. It’s time to put them back in Congress and Mr. Obama.
Ted Simons
I like your comment it has substance and solution to it and those are the kind of comments I look forward to . What your talking about are guidelines . Which is the root of this whole problem . When President Obama and his croonies set up the Tarp program they didn’t set any guidelines and the guidelines that they set worked only in the Banks favor . So our government told the Banks Hey here’s 37 billion dollars of the tax payers money help the people out . And our government turned it’s back . And as we all know the Banks did what they wanted to do with the money . WHY BECUASE THERE WERE NO GUIDELINES SET ON HOW THAT MONEY WAS SUPPOSED TO BE SPENT What I’m saying is that the Banks are definitely wrong and need to be held responsible for their actions or lack of .But I feel that our government needs to be held responsible for allowing the banks to do what they are doing by not putting real guidelines in the Tarp program that would protected the tax payers monies that was given to help the tax payers . One more thing . These Banks had all these houses insured before the sold them off as junk bonds to third parties . They knew the housing market was going to fall . But the thing is they can’t get paid on the insurance until the house goes into foreclose . Well when they set up the Tarp program when it came down to what to with the houses after they go into forecloser our government told the Banks we are not in the housing business that’s your end of it you get rid of the houses . So now after they foreclose on your house and collect the insurance money off of it . Now they can turn around and resell your house and make even more money off of your misfortune . When your in an accident and your car gets totalled your insurance company pays you off for it ,but they don’t let you keep the vehicle . So I feel that our government has to be responsible for their part in this mess for not putting any guidelines in the Tarp Program that should had protected the TAX PAYERS money
I have gone thru the same experience with B of A and would like to add my name to the suit. Who can I contact to do this? Thanks
Has anyone read the article in the June 10 issue of Rolling Stone???
“Wall Streets War”
BOA is the big bad monster here, but it’s our government and congressmen who are going along with it and even befitting.
What really needs to happen is about 3-4 thousand of us descend on Washington DC to offset the 2,000 lobbyist bet banking industry employ, ..
Its really going to take a major call to action from a group working together.
c
I’m ready to join a class action suit, but I don’t know who has one going or how to go about it. Has anyone else reasearched this? I live in Minnesota, but it seems like the lawsuits are in other states. I don’t know whether I have to live in the same state to join a lawsuit.
Barbara: the problem I have found with these class. Action suits is the lawyers involved (at least in Las Vegas) wants $5,000 to join. I don’t have that kind of cash to take a risk and maybe not win! I had always thought you didn’t pay with a class action suit but I guess I am wrong. Good luck. What I have recently done was I wrote my state Senator and Congress woman. I got a response from my Senator saying he was going to help and I filled out a privacy release form and mailed it back and now am waiting for his answer but November is not too far away and he’s a Democrat so he is trying for votes so we”LLC see what happens. I’m not paying $5,000 though so be careful. Good luck all!
I have already decided to skip the class action stuff and just get mey own attorney. I’m not going to wait until it just keeps on getting worse. I just sent all the paperwork to him this morning. If it turns out well, I will definitely post the contact information.
ted has it right as i said one time and got told i was wrong on here,BOA knew when they purchased country wide thats what would happen,that they would profit from insurance on defaulted loans.so they bs customers into thinking they could get help from feds plan.they trained a special customer service division just for this.some one needs to send this blog sight to someone in the main stream media and let them read the past blogs of foreclosers . i lost mt house after 8 months of BS from them.
deleon: We’re of the same mindset regarding large media. I’ve submitted this to ABC News, specifically Chris Cuomo. He is an attorney and is supposed to be doing investigative reporting. Let’s see if he, or someone else at ABC picks up the ball. There is strength in unity. Separately we are weak together we can be a force to be reckoned with but….the hook…we have to be persistent and united and know what we’re asking for. I know of no one I’ve read here who is looking for a handout. We all seem to be looking for fair treatment and a bridge to better times.
I just spent another two hours of my life that I’ll never get back talking to two different BoA reps, and I was able to find out that my application was denied not by BoA, according to the first one, but by an “investor”. I asked who the investor is, and she said she couldn’t tell me. I asked whether she knows who it is, or whether that information is secret from me and not her. She became very uncomfortable and said she is prohibited from telling me. I called the toll free number she gave me, and aftr hearing the same introductory music and message before I was put on “hold”, the person on the other end told me the investor was “probably Fannie Mae”. So that shed a little light on the subject, and if any of you got the same treatment being told about a secret investor, this may be the right information. Or not. It came from Bank of America.
Evidence of Brian Moynihan, Bank of America Racketeering Filed with Law Enforcement, US Congress -Read link to story at piggybankblog.com
If it walks like a piggy, talks like a piggy, by golly it’s a PIGGY!
WHERE IS MY LOAN MODIFICATION BANK OF DESTROYING AMERICA!
BofA and it’s CEO Brian Moynihan reminds me of that song by John Lennon and George Harrison titled “Piggies” I invite you to listen to this song on youtube and see if it appropriately fits.
http://www.youtube.com/watch?v=NTmeHM-Hojg&feature=related
Have you seen the little piggies
Crawling in the dirt
And for all the little piggies
Life is getting worse
Always having dirt to play around in.
Have you seen the bigger piggies
In their starched white shirts
You will find the bigger piggies
Stirring up the dirt
Always have clean shirts to play around in.
In their ties with all their backing
They don’t care what goes on around
In their eyes there’s something lacking
What they need’s a damn good whacking.
Everywhere there’s lots of piggies
Living piggy lives
You can see them out for dinner
With their piggy wives
Clutching forks and knives to eat their bacon.
When I filed my lawsuit against Bank of America, myself and United Law Group thought of the many others out there in the same situation. It was then that we decided to educate the public on what these piggy banks are doing, as well as unite us all together as one voice. Please help me turn this David vs. Goliath modification process, into a Goliath vs. Goliath.
Please stand with me and United Law Group and send an email to Bank of America that states that we will no longer tolerate their potentially illegal, fraudulent, irregular and abusive business methods.
So please send your email directly to Bank of America and include the following:
1. Your name
2. Your complaint concerning your experience with Bank of America.
3. Please end your email “I support John Wright vs. BofA Lawsuit!”
4. Please send a copy of your email to johns-wright@hotmail.com
5. Please send your email to BofA CEO Brian Moynihan:
brian.t.moynihan@bankofamerica.com
I HAVE HAD ENOUGH AND I AM FIGHTING BACK!
John Wright Vs. Bank of America-
Please join my fight or show your support through your comments at unitedlawgroup.com or find information and friends at piggybankblog.com
Divided we might have fell America. UNITED WE MUST STAND!
Johns-wright@hotmail.com
piggybankblog.com
I decided, after reading everyone’s comments, and after all the back and forth with BoA, that I would just go ahead and see about getting a lawyer. I am still in the “free consultation” mode with one from American Residential Law Group, but he shed some light on what can and can’t be done. These folks charge $1,650. I talked to one in CA that charges $2,800. I will shop around based on track record and price.
Barbara: Thanks for picking up this task. It is another key element to applying pressure on BOA and other mortgagees. I’ll be very interested to know as many details as I can learn. I see that some on this list have retained attorneys individually. I’m not in a position to do this anymore and qualifying counsel that is sufficiently motivated and talented to present our case is no small task. If I can help, please say so. To borrow from another comment and the film “Network”, I’m mad as hell and not going to take it anymore. BOA will strip us of our personal wealth and credit worthiness if we don’t fight back from main street to Capitol Hill and the White House.
I have contacted two places now. I spoke o Onye at American Residential Law Group, who says his company is “a service provider for mitigation services”, and when pressed further, he said this is not a law office. thy do have attorneys on their staff. They promise a 2-month turnaround. They only do modifications, and are regulated by something called “HaloMac”. I don’t know yet what HaloMac is, but I’ll research that. He claims attorneys aren’t regulated by HaloMac,. Their fees are $1,595-2,895, and they are located on Long Island.
The most successful CA legal practices have deep pockets and charge class members only nominal fees, but often spend millions themselves on the case. Don’t hire a behind a curtain smelling some income. I expect to talk with a successful firm this week and will pass the information along to all
They got us too 🙁 we started a modification in November of 09 we made every payment on time and in full .we called them several times during the 6 month process to find out where the process was going and we were told every time that our application was in review. In May we made our last payment of the 6 month program, called again to find out where to send June’s payment and was told they did not know, but thought we should send in a full payment ( no the modified one ) to an address she thought might be the right place. Needless to say I wasn’t sending 2,000.00 to someplace she wasn’t sure of. so we sent in the modified amount to the address we had been sending to to for the last 6 months They called us 3 days later saying we were in default. they also said that it was because we never sent in the paperwork they sent us in December ( we never got papers in Dec)I asked if these papers were something that we signed for because we never received them and the woman go nasty and said we don’t have to prove anything to you ! their customer service is awful! I had a rep refuse to put a manager on the phone and I also had a rep that refused to give me her name ! They are such a shaddy operation. I hate Boa ! We took our checking account out of their bank for a reason ! if you do go into foreclosure have your lawyer file a petition to make them “produce the note ” its very important because if they cant produce the original note the you signed ( and up to 40% of banks cant find it because the loans have been passed around ) no judge will force you to pay a loan if the bank cant prove they own it .Your foreclosure will stay in limbo until the note can be produced. some people have been living mortgage free for 5 years ! Remember these 3 little words
” PRODUCE THE NOTE “
I asked an attorney about this “living free for 5 years”, and I was told that he is aware of a couple in New York who ended up with forgiveness of the entire thing when this situation was starting to be more in the news. He said that since then, the banks got more savvy, and the law has changed so that they don’t necessarily have to produce an original note if the mortgage has changed hands.
I have initiated an authorization with an attorney who will contact BoA to see if they will work with him. I have decided that, because I’m a scared borrower who doesn’t know what loopholes the bank will use, and who already feels burned by BoA, I need this. I’ll let you know how this goes. The attorney is in Florida, and I’m in Minnesota. I didn’t find anyone in my own state who specializes in this exact thing. Believe me, I looked.
My situation is getting more bazaar by the day In Dec. of 2009 BOA came up with a repayment plan for me . Last month I received a court order that I had to vacate the property in 10 days . I called down to the sheriff ‘s department to see if there was an eviction on my property and they said yes as a matter of fact in put in on May 14th and that the sheriff’s department should be coming there to serve you the eviction notice any day now . In fear of my family being put out in the streets . By the grace of God I found a place and moved out . It financially drained me of all my resources . I got a call today from some rep from BOA telling me that he was working on my modification . These jerks don’t even know that I moved out . Igot in contact with local news station and they want to do story on me . Also as I’m writing this I’m waiting for my attorney to call me back. This truly tells me they don’t know what the heck they’re doing
ken call me and tell me if web sight is legit,704-674-7279m leave msg or phone number.what about people who have been forclosed on?some help
As I said I never got eviction notice they went in my house nov of 09 had taken my belongings out of house.had already gave to a realtor who changed locks and so on….they told me for 6 months they were working on a plan for me.I went to court house and saw records .the paper work said I only owed 3,000 to getcaughtup they toldin dec to cough up 6,ooo dollars.I had sent two payments.when I went back to work they had no record.I live in charlotte have friends that work for BOA…If I said what they have herard it would sound like conspiracy bs.if anyone has goodnews callme 7o4-6747279 some people have quit customer service jobs because of bank practices.Or were whistle blowers.to media
Unfortunately, my story is the same as most. I have been attempting to work with B of A for 18 months. I have documented my experience which includes no less than two dozen phone calls with different people, departments, etc all of which give a different story. In addition, I have sent registered mail with offers to pay cash on the table as good faith measures that have been ignored. I have made calls to their corporate legal department that go unanswered. I have spoken to their local foreclosure attorney who has tried to give me names of B of A reps to speak with and when I do have conversations with those people, they agree all of this makes no sense and is a tragedy but state that they can do nothing. I have contacted an attorney who said that this is typical of B of A and to wait until I am served with foreclosure papers and then file a chapter 13 to restructure the loan. Last week, I was served with the papers.
This is beyond belief and has caused my wife great emotional distress. I have gone from depression to anger and now want to file a suit against them for this nightmare. I am not looking to escape my debt. I am simply trying to work out a plan to pay it and save my home. B of A takes federal money (which means the taxpayers money which means our money), uses it to save their own butt, and then puts the screws to us. They need to be accountable as enough is enough.
If anyone knows of an attorney that is or would be willing to file a class action against their unfair and potentially illegal practives, please e-mail me as I certainly will join.
Thanks
I am reading all of the comments and have experienced most of them, since I’ve been trying to get my home refinanced/modified for over a year now. I would be happy to be added to a lawsuit to make BOA attend to their customers in a professional manner and offer results. I am more than disappointed with their home assistance program.
Let me know…
I embarked in a loan modification with Bank of America Home Loans currently (BAC Home Loans) in July, 2009 and did a 4-month trial (I have all paperwork and letter confirming my trial period), well 11 months later without consistent follow-up they have contacted me via phone (Monday, June 14th) to say that I was not eligible for loan modification and is demanding $9k, deed in lieu or to place my house on the market for short sale. For the past 11 months I have not missed one payment of the $1109 they required during the trial period which is exactly $205 less than my normal regular payments of $1314. I was told to quick collect all payments and fortunately for me, I have kept all records of the monies. I was not behind or delinquent in any way when I started the process, they even had me to waive the June, 2009 payment that they are now saying they did not tell me to do. I contacted the bank on Monday, June 14th and after speaking with countless number of reps; I reached the payment research department and she told me that I had 7 months of payments equaling $6664 in a holding pattern that had not been applied to my account. No one can give me an explanation of why these payments have not been applied and when they will be applied. I’m constantly told that they are researching. In the meantime they are demanding these funds from me that they already have. And, have given me a July 7th final date.
I am a real estate agent and I’ve heard of Bank of America doing this to people, but I never thought I would be one of these people. I was hoping to receive a lowered monthly payment or reduced interest is what I was promised during the initial process. Now, they are trying to take my home. I am devastated to say the least.
If your paperwork reads the same as mine, if they decline you, they want all those back months of the difference between your trial payment and your original payment. My situation changed for the worse during the process, but they never called once to verify anything or to let me know they were still looking at my application. I called them every month and was assured that I was not delinquent and that they were still processing it until March 31. I called to make my April payment, and then I was told my application was declined. You need a lawyer ASAP.
i have contacted the law firm in ca. has any one done the same? as KL has left info .ken call me leave message as to what they told you 674-7279.the stories are the same on here man!
I am dealing with the same BS SCAM with Chase Home Finance. This loan modification process has been going on for 11 months! At the beginning of the loan mod process – They never informed me that the loan modification payments would be considered less than an actual payment, AND THEREFORE make me have “rolling lates” – consistent late payments. Now my credit is even worse. Actually, I could have paid the actual mortgage payment when I started the process, but they kept telling me to “keep making the trial payments – keep sending them in by Western Union – not a check.” The loan mod process is still not complete! I am stunned that Chase has the unscrupulous nerve to do this to me – their paying customer of 6 years!!
Just 2 months ago, They denied my loan mod for “failure to provide documents” (which is BS I’ve sent them many, many, many documents 100 times over) and then they have the gumption to mail a letter denying my loan mod – to the property address. The only thing is that I don’t live at the property address!!! It is a rental and my tenant who lives there is essentially paying the mortgage with her monthly rent. (I’m living with my boyfriend to pay off other bills). So the letter was returned to chase. I never saw that letter EVER. A month later, the next thing I see is an Accelerated Foreclosure letter sent to my Mailing Address (where I actually live and they know I live there because they have sent me *MANY OTHER* documents in the past year!!). The letter also states that I am deliquent $15,000 and basically saying that I haven’t made a payment since March 2009! What??!! It is June 2010. I make an advised “trial payment” every month. Only the trial payments are less than optimal and not a full payment – leading to repeated delinquency!!
So, when if/when I finally get a new interest rate with this Phantom Loan Mod- it will be based on a higher rate based on poor credit showing “delinquent rolling lates.” Thank you, Chase, for messing up my credit!! You’re the BEST!!
Bank of AMERICA IS SO FULL OF IT, I WAS A TAYLOR BEAN , AND WHITAKER CUSTOMER, AND NOW I AM WITH BANK OF AMERICA , BANK OF AMERICA PROMISED A MODIFICATION AND THEY HAVE YET TO FOLLOW THRU WITH THIS PROMISE, NOW MY HOUSE IS IN FORECLOSURE. I WANT IN ON THIS CLASS ACTION SUITE. pLEASE SEND INFORMATION TO MCTHAYALEXIS@YAHOO.COM
I know how do we start a class action suite in Georgia against BAC Home Loans for the foot dragging that they are doing in modifying mortgages.
I was given a modification complete all tasks as requested. Now I do not hear anything from them.
Hello Quincy,I’ve read your email, what county are you located in Georgia? Lets email each other here in Georgia, I know a lot of people in our state who would like to file a class action lawsuit against BOA, right now I’m still waiting for they to do the right thing on my FHA loan, I’ve been waiting since last year, BOA are telling some of us that the investor of our loans don’t want to be a part of the TARP program or Making Home Affordable, the investors are being gritty and resale your home for their pockets and don’t care if we lose out, BOA knew that most of the investors were not interested in helping the home owners and still made billions. so If you would like we can form a group of people here and put our minds and money together until we have enough to file against them, right now if you are still in your home, fight back with all your might, don’t just except any thing from them if you can. please take care everybody, right now I’m stressed out but focus and trying to get my Nursing Home Health Care Business up and running. Good luck to everyone, and Quincy looking forward to hearing from you soon. take care.
Hi Sheliah,
I live in Clayton County. The waiting game that they are playing with us is to push us into default then blame us.
I will be contacting you via email.
I really what to pull as many people together on this in this state.
I know that there is already a firm in Washington State and CA who is moving forward with a Class Action case against BOA for this very same thing.
I called them and they told me that we will need more people from our state to join.
So please let us not just talk about it i have spent countless hours on the phone with different agents i have logged all my calls to them.
How they are telling me that I have to wait…sent the paper work in over a month ago..
Quincy.
Hi Sheliah,
I forgot to give you my email: quincy.guerra@gmail.com
Hey guys,
I live a state over in Alabama, would I have to live in the same state to be apart of your suit. Just reading all of the stories and I too was treated the exact same way. Took more than six months but finally got my mod approved but nothing changed. Then not actually went up about $50.00/month, but the terms are still the same. My escrow did not get applied and I was about to loose my house for taxes in Feb because my taxes weren’t paid in Dec. After that situation fixed I kept getting forclosure notices for nonpayment but I had and still have never missed a payment. Hope that is situated now (but you can never be sure with them). They totally messed up my credit when loan was originated because they checked my credit 13 times in a 3 month period and my credit score dropped (over 100 points), then they tried to deny me the loan. It has just been one big mess since they have taken over my loan. I am fed up. Then to top it off I find out that eventhough Ihave never missed a payment they have been reporting me as late to the credit bureau and my report says that I am 180 days late on my mortgage. I only missed the payment they told me to miss once modification was started. Can’t refinance and the mod I got because work hours were decreased is more than it was to begin with.
Hey Lee, and everyone!
They did the same to me. Truly the most frustrating ordeal I’ve ever been through. Disbelieving in a conspiracy theory, I think it’s wholesale incompetence. Can we hope for a whistleblower within BA?
After much research I’m getting the impression that law firms don’t want to take this on on the typical “contingency” arrangment because damages would be difficult to quantify, plus every case is a little different. I would be aware of firms asking for a fee up-front until they provide a game plan and explain exactly what they are going to do. Let’s all keep up the Googling til be hit paydirt!
I too have added my name to the class action list. B of A foreclosed on my home after months of run-around, false statements, claims of HAFA review “in process” when it never started, multiple requests for information that was “being sent” and never arrived, etc. etc. They even told me that I didn’t “meet criteria” for modification but that they “don’t tell people what the criteria are because then they would figure out how to qualify.” This needs to be stopped…
Hi Becki,
What state do you live in?
To those of you who wonder who the mysterious investor is, I got someone at BoA to actually tell me. It’s Fannie Mae, another organization that’s in hot water.
does anyone even realize what it is thats going?? its time to wake up! hello??? they WILL not help you! they never planned on helping you! if you see someone posts they received a mod its bull. they are most likely bank employees lying to make it look good. i cant believe how many people are still falling for this!! lets see how bright people really are… shall we??
What they tell you….. of course we can help you!! but……
1. in order to qualify you must be in trouble (in need of help)
2. you must stop paying your mortgage for 3 months (making sure your deeper)
3. you have to wait for process (stall tactic to collect info for real plan)
4. sorry!! denied. you don’t make enough money (see 1.) ??
5. default notice (see 2.)
6. foreclosed.. (refer to 3.)
hhhmmmmm????????? does this make sense yet?????
It seems all the TARP money is going to pay the salaries/commissions of professional “Grifters” retained by the banks. What’s happening to people who are serious about addressing their financial difficulties is no less slimey than a sideshow shell game. Where IS the beef?
Mr. President, you’re not on top of this one AT ALL. Like your job? Want to keep it? FIX THIS!!! Throw a few overpaid white collar “BANKSTERS” in the can and watch this start to turn around. This debacle is bringing the American middle class to its knees.
I applied for this, sent in EVERYTHING they asked for, and was turned down because my hand-written signature wasn’t on my electronically filed tax form (duh!). I re-applied, and was turned down a month and a 1/2 later because of NPV. Now they want not only the money I saved during the trial periods, but also late fees (about 12 grand!). I wasn’t behind on payments BEFORE starting this, now I’m in worse shape! The only people this is going to be “affordable” to is the ones who buy these houses after foreclosure. It makes me sick. I’m a single struggling mother who meticulously complied with the entire process, and was turned down twice. I would love to not only SEE more lawsuits, but also to join in on one. If nothing else, to get the late payments removed (since they INSISTED I only send in the lowered trial payment).
SINCERELY,
Sharon: Jacksonville Florida
want to do a class action law suit, bank of america mortgage department.
iam a permanently disabled, i live in a ranch house, witch makes it easy to get around in, in 5 years , BoA, has screw up my mortgage, o will help you! Boa says a lot BS. I started at a 290.000.00 mortgage and now BoA. has push it to 350.000.00 with the modifications. i went from 1900.00 a mo. to 3200.00 a mo. they have run my ass around and around, and also with out telling me have taken my mortgage from a 30 year, and push it now to a 40 year, not telling me a thing. and wont fix it.another note to all.. a person on phone told me the big people dont like the presidents deal and wont do it.so after 6 years i will have no house because of BoA. my wife and i would like to sue BoA,but dont have the money to get into a class action law suit i need a lawyer that will take part of the fee from the money from the law suit,i been throw all the crap the people who blog in. I just want to have a home, i have a morphine pump in my spine, and my body is a total mess,i want my wife happy, can some one help me now, i want my home, i dont want to live on the street were BoA has put me now, please help. allan in new jersey
want to do a class action law suit, bank of america mortgage department.
iam a permanently disabled, i live in a ranch house, witch makes it easy to get around in, in 5 years , BoA, has screw up my mortgage, o will help you! Boa says a lot BS. I started at a 290.000.00 mortgage and now BoA. has push it to 350.000.00 with the modifications. i went from 1900.00 a mo. to 3200.00 a mo. they have run my ass around and around, and also with out telling me have taken my mortgage from a 30 year, and push it now to a 40 year, not telling me a thing. and wont fix it.another note to all.. a person on phone told me the big people dont like the presidents deal and wont do it.so after 6 years i will have no house because of BoA. my wife and i would like to sue BoA,but dont have the money to get into a class action law suit i need a lawyer that will take part of the fee from the money from the law suit,i been throw all the crap the people who blog in. I just want to have a home, i have a morphine pump in my spine, and my body is a total mess,i want my wife happy, can some one help me now, i want my home, i dont want to live on the street were BoA has put me now, please help. allan in new jersey please someone help,I WANT TO PUT B.O.A ON THE STREET.. THIS WHAT YOU DO TO A DISABLE PERSON YOU CRAP ON THEM, TAKE THER MONEY, IF YOU DO THIS YOU GO TO JAIL, WHY NOT THEM, LET ALL PUT THEM BOA IN THE JAIL HOUSE NOW, START THE REVOLT NOW, IF WE ALL STOP PAYING ARE MORTGAGE NOW SEE HOW FAST THEY FALL TO THE STREET
want to do a class action law suit, bank of america mortgage department.
iam a permanently disabled, i live in a ranch house, witch makes it easy to get around in, in 5 years , BoA, has screw up my mortgage, o will help you! Boa says a lot BS. I started at a 290.000.00 mortgage and now BoA. has push it to 350.000.00 with the modifications. i went from 1900.00 a mo. to 3200.00 a mo. they have run my ass around and around, and also with out telling me have taken my mortgage from a 30 year, and push it now to a 40 year, not telling me a thing. and wont fix it.another note to all.. a person on phone told me the big people dont like the presidents deal and wont do it.so after 6 years i will have no house because of BoA. my wife and i would like to sue BoA,but dont have the money to get into a class action law suit i need a lawyer that will take part of the fee from the money from the law suit,i been throw all the crap the people who blog in. I just want to have a home, i have a morphine pump in my spine, and my body is a total mess,i want my wife happy, can some one help me now, i want my home, i dont want to live on the street were BoA has put me now, please help. please someone help,I WANT TO PUT B.O.A ON THE STREET.. THIS WHAT YOU DO TO A DISABLE PERSON … YOU CRAP ON THEM, TAKE THER MONEY, IF YOU DO THIS YOU GO TO JAIL, WHY NOT THEM, LET S ,ALL PUT THEM BOA , IN THE JAIL HOUSE NOW, START THE REVOLT NOW, IF WE ALL STOP PAYING ARE MORTGAGE NOW SEE HOW FAST THEY FALL TO THE STREET. PLEASE HELP, ALLAN FROM SUSSEX NEW JERSEY
we have a E 7 preferred stock $10,000.00 that is registered under Scottrade as wuhcp# 400 shares We have your statement identifying this stock should we put the scottrade symbol on this yellow page so it can be identified?
hi again ,i have been here before.they got my house jan. of 10 well have looked for pro bono lawyers for classs action no takers.a guy here ken found a site but they want money.i have no monies for attorney.BOA did me the same way as they have treated everyone here.pls call me leave me message if you have new info.704-674-7279
In early July 2009 my husband and I were behind on our mortgage payment. I was very concerned about this and contacted our mortgage holder Bank of America to see if we could get on a repayment plan. I was talked out of doing this and convinced to apply for the Making Homes Affordable restructure loan.
I was unaware of this program at the time and the bank rep explained it to me.
I initially had a lot of questions and inquired about the acceptance and denial process, I was assured by the bank rep that once you were accepted into the program the only way you could be denied was if you failed to meet and complete what they required of you. First you had to see if you were approved, so I started the process with him at that time over the phone, he wanted all financial incoming net and gross monies we received each month and an itemized list of all outgoing obligations. I provided him with all of that and was then informed I would receive something via FedEx with in 30 to 45 days explaining the process and that at that time I would be required to send further documentation.
On August 10th we received a letter from FedEx welcoming us into the program and congratulating us on doing what we needed to do to stay in our house. On August 17th we received the exact same letter again asking for copies of our checking account, paycheck stubs and tax returns, we complied with all requests and sent them. Not once but twice as they apparently lost the first ones we sent them, they had record of them showing up but no one knew where they were. So could we send them again which we did.
I stayed in weekly and bi-weekly contact with B of A inquiring if we had completed everything on time – I was repeatedly reassured that they had all that they needed and for us to continue making our monthly house payment. Which we did.
Finally after many phone calls to B of A we got a FedEx envelope on December 20th 2009 thanking us for our financial documentation. We again received same said letter from them on December 24th 2009 saying that we had entered into the trial payment modification part of the program, it stated that we needed to make 3 trial payments of $1782.50 the first on or before 2/1/2010 the second on or before 3/1/2010 and the third on or before 4/1/2010. I again called them and said I had just made Decembers payment and I wanted the terms of the trial modification clarified and outlined for me. The rep told me that the December payment I had made had actually constituted the first trial payment that was to be made on or before 2/1/2010 – I asked him if I needed to make another payment in January and was told NO, your December payment will be applied to your first trial payment, I then said to him if I don’t make a payment in January then I will be behind another payment, and he said yes you will but that it would all get worked out in the loan modification, they will either put them to the back of your loan or incorporate them into your new modified monthly payment at a lower interest rate when the process is completed.
I stated to him that I was uncomfortable technically getting behind another payment and he then informed me that if I brought my house payment current it would kick us out of the program, I was not to waiver from the guidelines they set forth and had to comply with all they asked exactly they way they asked or we would be out of the modification program, I was again informed the payment I made in December was my 1st trial payment. I then said my regular monthly payment is $1780.39 and that the 3 trial payment vouchers they had sent me asked for $1782.50 it was a only a couple of dollars difference so not a big deal, he then said to me make your 2nd trial payment on or before 3/1/2010, I thanked him for his time, but deep down this information seemed just wrong. I waited a couple of days and called back with the same questions and once again was given the same answers, and told do not waiver from the program guidelines we set forth or you will be out of the program.
In February when we got our taxes back I called again and asked if I should apply them to our mortgage and was adamantly told NO do not do that it will kick you out of the program. He did say I cant tell you I wont take your money but I can say it will kick you out of the program if I do.
I made 2nd trial payment before 3/1/2010 still keeping in constant contact with bank making sure we had crossed every t and dotted every i and jumped through all their hoops, I was repeatedly told yes you have done everything we have asked just keep making the trial payments you are in the modification process follow the guidelines we have given you, do not waiver from them.
I made the 3rd trial payment before 4/1/2010, as May was approaching I called the bank again and asked them how I needed to proceed, as the 3 trial payment vouchers they had sent us we had already used for making the 3 trial payments, I was informed that they were way behind on processing the mod loans and to continue to pay the trial amount to put loan # in memo section of our check and to continue to send $1782.50, that it may take several more months. I paid the 4th trial payment in May.
In June I tried to make the 5th payment in the branch as I always had and it would not accept my payment, I came home and called the bank and was informed that a letter had gone out saying we were declined for the MHA modification since our current payment was not equal to or more then 31% of our total gross income….( Shouldn’t that have been determined long before we were ever accepted into the program? I think so if it had we would never be in the position we are in right now ) at this time I was once again reassured that we had gone straight into an in house program with the bank that would ultimately have the same outcome for I loan…so I paid the June payment, the 5th in this trial period only this time I had to now make payments of $1818.88 our original house payment had gone up due to our property taxes going up…okay I was fine with that and was told keep making the $1818.88 payment your still under review for in house restructuring. Again this was on June 18th 2010.
In a letter dated July 2nd 2010 we received a notice of intent to accelerate, I was beside myself and called them demanding to know what was going on with my loan, after speaking at great length with a rep and getting nowhere and no answers, I asked to talk to a supervisor. I did eventually get a supervisor and explained all we had been through from the beginning to currently getting her on the phone, she then stated your loan restructure was denied and closed on June 23rd. I then asked her when they planned on informing us of this, and she said it is not our job to keep you informed, it is your job to see where things stand…( are you kidding me? What did they think I had been doing through out this whole process? it is documented how many umpteen times I had called and tried to constantly and consistently stay on top of this whole thing.)
She then very matter of factly wanted to know if I could come current by August 1st 2010 in the amount of over $7000.00, I told her I did not have that kind of money and that there was no way I could get it in basically 3 weeks, I was then advised the ONLY thing she could do would be to split the past due into 5 payments that would be added to my monthly mortgage payment thus resulting in our house payment for the next 5 months being $2926.80, this is all she could offer and the only thing that could save our home from being foreclosed on…I had to take her deal because I had no other choice and losing or walking away from our home is not an option for us, we love it and have always had the intent of staying here and not walking away like so many other people have been forced to do.
I am so disheartened, disillusioned and plain mad as hell that the bank can do this to people and get away with it. Had I gone with my original plan over a year ago our missed payment would have long ago been caught up, but by taking their advice and doing what they requested and never waivering from the guidelines they set forth they have screwed us. I was 100% repeatedly in contact with them, I thought I had asked all the right questions and complied with all the terms they set forth…they had the ultimate decision to put us in the program or not, we were not aware of the 31% rule they have for their approving or declining process, someone at the bank dropped the ball big time with this and they allowed it to continue by accepting our trial payments for 5 months now they expect us to be able to financially pick up the pieces of their mess and their mistake.
I was also informed during my last phone call with them that federal guidelines had not even been implemented into their program until April 12th 2010 so how then could they even start the process or expect anyone to stay within their strict guidelines if they did not even know what they would be. I also asked at that time for a copy of the agreement I made with them for the repayment plan be sent to me in witting as I felt at that time I could not and would not be able to trust a single thing I heard out of anybody working on the their behalf. I am hopeful that someone on your end will be able to help us get some answers that make sense.
All of our stories sound exactly the same. I have found out some information that I found interesting. When BOA purchased Countrywide, they knew that most of the loans they were purchasing were “high-risk” loans. They knew ahead of time that these loans would eventually default. BOA is NOT going to help you modify your loan. Why? Because if they let the home foreclose, they get all their money from the Mortgage Insurance premiums. If you short-sale your home, like I am doing, they will only get a portion of what the mortgage amount is. They dragged me through the coals for 14 months before telling me “NO.” I have an offer on my home now. I owe 252K and the offer is 180K. Pretty sad. Either way I lost my home.
I have talked to a class action attorney, and she informed me that most class action attorneys are keeping an ear and eye open on what is going on. They are aware of what is going on. She told me that they are researching at this point and there will be a class action lawsuit sometime in the future. She also said that BOA is being very careful at what they are doing. She said they are not breaking any laws at this time. She said that they will “slip” and that is what they are watching for. If you are or were a BOA customer, watch your mail for information about joining a class action suit.
slip lol they have !this site kills me you people need to wise up they have tried in charlotte nc to hire attorneys.For class action they all say is conflict of intrest…i.e. the home office is there..they have not followed any fudiciary processes since it started….they took posession of my house via realtor two months before for closure date..chanbed locks etc no evic notice no sherrif…Bev was right about contry wide merger…no attorneys will champion because of BOA..is using realtor attorneys for forclosers in many states …..have any of u noticed this is not in main stream media…as in nobel prize reporting lol
Not breaking any laws?, .. I can’t see how leading us into being several months late on your mortgage, promising to modify, .. getting us behind by thousands of dollars we don’t have, .. then pulling the plug, ..
How is that NOT Fraud ??????????????????????????????????????????????
Everyone here needs to write a very clear account of what happened, just like a few have posted here, .. and they all need to be packaged together and sent to to Attorney Generals office AND the office of comptroller DEMANDING action.
Bitching about it on some web site wont do anything, action has to be taken as a group, and once the two offices see the scope of the issue, .. they have no choice but to do something.
I did get a reply from my complaint from the office of comptroller, ..
the BOA reply was just as full of lies and miss-information as the rest of their correspodence, .. I replied with copies of paperwork and made them look like the idiots they are to the office of comptroller, .. haven’t heard back yet.
NO ONE should be sitting around waiting for something in the mail, .
the power of the group right here, and all of this testimony IS THE POWER. Make your accounts and have they notarized and send it to me, I’ll physically carry all of it to the office of comptroller and attorney general.
curtis@cboggs.com
Curtis-
In regards to your comment “Not breaking any laws?, .. I can’t see how leading us into being several months late on your mortgage, promising to modify, .. getting us behind by thousands of dollars we don’t have, .. then pulling the plug, ..
How is that NOT Fraud ??????????????????????????????????????????????”
Promising something is not against the law. If it was, then my ex would be in jail for not following through on promises made to my kids. If only I was so lucky.
The attorneys have to be very careful in preparing for a class action suit. They have to prove fraud and not proving it by a bunch of letters from us complaining. BOA will suffer and they will be brought down. I am sure of that. The attorneys have to find the “loopholes” they need in order to proceed. I felt very confident after I spoke with this attorney.
Usually if you notice, class actions suits are made to light so long after the fact of wrong doing by a company. We have no choice but to sit back and wait.
Maybe organize a march of some sort or protest?
Yes I just started in the modification process back in Oct. 09, approved trail payments as of Feb. call every week they say it’s in review, really whats in review cause it’s now August and Eminant Domain says “what” we don’t even have any paperwork saying you were approved for trial payments. What a bunch of screw balls from the Hope team (yeah real hope), to retention to Eminant Domain. To beat the band thye say just keep making the payments then follow up with about 10 calls a days saying I’m behind pay up and then I get a foreclosure notice. Right ruin my credit make me fall behind when there was never even a grace period used in 15 years only to have 3 depts drop the ball and now I can’t even get anyone from BOA to consider a refi. BOA is too big and someone needs to get ahold of all the dept’s and train them. No one is accountable for dropping the ball and all they do is pass the ball along, what are we to do when then say oh ya you qualify. I’m convinced they just want all our homes!
This program is a real scam. I don’t know what they are trying to pull but someone needs to look into what they are doing. They offer to help and then never call. When we call all they say is,” we never got your papers”! We faxed the papers 5 times and after being told, “its in underwriters, no more documents are necessary” the next call they told us, “Your file is not complete, you need to fax the papers again”! Someone needs to help!!!!!This is going on 5 months.
Bank of America not only misslead and lied to me dozens of times, but they told me to send them a $10,200 bank check and again updated finacials to postpone a foreclosure date then strung me along saying don’t worry we have recieved all your info. it just takes time to enter it into the system and postpone, they stall right up until 3 days befor and then said it was to late the investor said they would not extend or review my information so close. I even proved that thay were lying ablut even contacting the investor, meanwhile they said the only way to stop it was to give them $33,000 dollars which I told them I could but I needed my $10,200 wihich they informed me was on its way back, and said no we won’t postpone to let you get the maoney back in hand so they took my home of 10 years. I am still awaiting arrival of my check!
I just placed my named on the request list as well. 7 months of promises and told me not to make payments, and then declined me.
Heather, have you found out who your invester is? I believe I may have found hope. Fannie Mae has informed me that if they get our home back (and they have) they will assign it to an eviction attorney who will notify us that we need to imedietly pay 10% of what we back owe and will then have 30 to bring it current and if we do it just goes back to servicing (hopefully not back to BOA) but it sounds like a whole clean start. I’m keeping my fingers crossed, although I am not holding my breath.
Heather,
Can you tell me where I go to place my name on a class action list, I haven’t found any for New Hampshire yet.
I found your message online and was wondering if you have found any other people in N.H. I applied for a loan last February. I gave all the necessary documentation and paid all my trial payments on time only to find out christmas eve that I didn’t get the loan. I still haven’t gotten a concrete answer as to why I was denied.
Please let me know what you have found out if anything by emailing. Thank you.
Alexis
Alexis …
Couple of things.
First, I don’t know whether you’ve noticed or not, but you’ve posted way back here in July. Most of the folks from back then are long gone. It’s possible but not likely they’re still around.
The most active page can be found at …
https://classactionlawsuitsinthenews.com/class-action-lawsuits/bank-of-america-mortgage-modification-class-action-lawsuit-filed/
Another thing is that there is no class action lawsuit to simply sign up for, particularly on this web site. You are correct in looking for people in your State since that’s how contract law functions, State by State. “Some” lawsuits are being formed here and there, mostly in larger States than New Hampshire, such as California.
But there are many other things you can do besides simply looking for a class action.
For whatever reason, we’ve been conditioned in this country to believe class action lawsuits are A) bad for the company you’re suing or B) good for you.
B) is only partially true if you have no other recourse … or resources. You “might” get something out of it … maybe … over a long period of time … and maybe you won’t. But also, it’s highly unlikely a class action can further stall a foreclosure.
A) is certainly NOT true.
Companies being sued with class action LOVE IT.
They only have to send one, small legal team to take down the people attacking them. Were each of us to individually file against the banks, they would be SWAMPED with defending themselves, having to send THOUSANDS of lawyers to do so.
A class action is a piece of cake for the banks.
But again, there’s more than scrounging around for these non-existent lawsuits that you can do. Through this forum and my own research, I’ve found about 20 items that can help get some action on your case. The trick, however, is that YOU have to LEARN and ACT.
Sorry to be blunt, but the banks LOVE the fact that there are no heroes in this situation. We have to be our own heros. They also LOVE the fact that we don’t know the law and are depending on lawyers to save us. Lawyers are RUNNING as fast as they can FROM this situation, not jumping in to save us. Some forum participants report that lawyers tell them they know more about real estate law than the lawyers themselves.
I’ve compiled a list of action you can take. Eighteen of them can be found at …
piggybankblog.com/2009/11/08/piggybankblog-writer-don-sweet/
… and two new additions are below.
You might also like to read my “metaphorical” story about how this all came about at …
piggybankblog.com/2008/11/08/don-sweets-latest-article/
Learn to fight, and learn to fight HARD. Put the pressure on. Don’t give them and inch of space and FORCE them to behave under the law.
The following are two more items will be added to the 18 point list …
19 ) Although it’s controversial and you should check your State and local laws before hand, you can record your conversations with the bank WITHOUT telling them. When they say “This call may be monitored or recorded …” they have broken a basic principle of law called the “privacy covenant,” where phone calls have a basic expectation of privacy. Once they say that, you can record to your heart’s content. But again, some attorneys express caution, so check your State’s laws.
20 ) Research is showing that filing for Quiet Title can be tricky and possibly expensive, although not impossible. It’s my opinion that it’s going to be based on a LOT of research before you dive in. Apparently, the courts will be VERY careful to dot every “I” and cross every “T” and several people are suggesting a Quiet Title specialist attorney.
Of course, introduce “attorney” into it and you immediately add $$$. Make that a specialist and I’d imagine you’d easily double it.
That’s probably where the research plays a critical role … including ramming a RESPA/TILA letter down the banks’ throats, as well as hunting down actual paper records of your loan in your county/parish.
It’s not going to be as easy as “the bank did me wrong, so I want my house” and the judge saying “ok.” There’s going to have to be provable fraud or broken “chain of transfer” eliminating their right to your property.
Even before you approach an attorney, you’ll need to know these things AND have accessed the documentation to prove it, or you’re wasting your time. It’s far from impossible, and could even be highly likely given the MERS debacle … well, shall we call a fraud a fraud … but going the Quiet Title route is going to be work, work, work.
Here’s what I am/have experienced with Bank of America home loans since the “crisis” began back in “2008” (?). (My loan was closed by eLoan, taken for 90 days by an entity called American Servicing Company, then sold to Country Wide, hence transferred in a block of their loans to Bank of America as a result of that Bankruptcy.)
1. Was out of work due to the slowdown of mid-to-late 2008 into 2009. After 90 days of living off of small bits of saving, investment account, and a cashed in IRA (tarp wiping my short positions off the board) and hiring freezes almost everywhere, I was able to get rehired after falling 2 months behind, and signing the dotted line with BOA for their 6 month forbearance plan, with the understanding that if completed successfully, the would reevaluate my loan for a modification.
2. After I completed their six-month forbearance program without any missed payments and my personal finances were slowly moving towards normal cash-flow wise (no savings, no retirement, not nominal, but somewhat more normal) they were have completed their evaluation for mortgage adjustment within 90 days. It took them almost 5 months, in which time, they indicated that I could either :
a. continue to pay the forbearance adjusted payment; or
b. pay the initial amount or any amount in between.
I chose to pay the lesser amount to them, as they indicated I had a choice.
3. After 4 1/2 months of waiting for an answer regarding their decision to modify the loan, they denied the modification based on the fact that my working income was to high for their guideline, told me that I now owed the bank the equivalent of 10 months in mortgage fees (plus ongoing late fees)and gave me a notice of intent to foreclose…..but “please submit all you financial work again, you “might”qualify for forgiveness of these arrears under another government plan”…give us a break, smoke and mirrors, b.s. in my humble opinion.
LET’S ROLL!
Does anyone have a name of a lawyer that would handle a suit against BOA pretaining to the MHA loan progam in Texas or is their a suit that I can join up with at the present time in texas.
Robin,
talk with me, I am wanting to form a class action suit in Texas
boaisgoingdown@yahoo.com
Doing a search to see if anyone knows of a class action lawsuit in the State of Georgia regarding mortgage modification. We’ve been on the merry-g0-round with B.O.A. for almost a year. Modification was *approved* on April 30th. We’ve never missed a payment during this entire year and now suddenly we’re $4,000+ in arrears.
Enough is enough.
🙁
Hello Linda Lee, if I hear of any Attorney,who is located in Georgia about the class action law suite I’ll be happy to pass on the information, right now I’m still waiting on my documents to be sent to me. so right now nothing has change, except different attorney’s are telling people here in Georgia that if you have already lost your home in the states that are listed in the class action lawsuit its a conflict of interest and those bastards BOA has blocked further action here in Georgia, this state is scared of this bank. Boy I’m not, I feel mad as hell right now, I still have no sell date and just looking for those doc’s. uh right now I still have a lady here who help me last year when I was out on worker’s comp. and so far, no word from BOA in mail or nothing. but we must not let them win. my home health business is taking off now, money is coming in, more than before when I was working for an agency, so I’ll just let the Lord handle them and keep putting money up. so If you need anything please fel free to contact me through this post. Take Care.
Is there a *consumer afairs* office we can contact in Georgia? Or perhaps the Attorney General’s office? Have our state representatives been contacted?
It’s just a bank, after all. An elective official or an advocate group somewhere should have the gonads to stand up to these bullies.
My husband (a homebuilder) has been unemployed for 18 months. I’m trying to keep this house for at least 2 years until my son graduates from high school (we don’t want to move out of this attendance zone). After that, I don’t think I care if the house burns down. Let B.O.A. foreclose on a pile of ashes.
$60,000 equity I had in this house at one time…
Sux
*elected
(sheeeesh…. I can’t even compose a post anymore. Stress is killer.)
let us join together and help one another- let us contact our attorney general office, state business commerce etc and other grassroots- nationwide will make bank of america gone like countrywide.
I am an attorney practicing in Georgia and currently looking into a class action lawsuit against BOA for lending practices. I will gladly speak with anyone who has any information that might be relevant. Thanks.
If you have a name of a lawyer in Georgia could you please provide it to me also. I am experiencing the exact same things.
Thanks
My husband and I are looking for information about a lawyer in Georgia as well. BOA has not done good by us. We made an arrangement for a repayment plan and then got a letter in the mail about a foreclosure. When we made the repayment arrangements we were told that we would not have to face foreclosure but, when we got the letter we called and the person we talked to did know about the repayment plan until she had to look more into the account (so she said). Then she told us we would not be given a foreclosure date but could still get letters about a possible foreclosure. Every time we call, we get a different answer, noboby knows about the repayment plant. And to top it all off, every time we send a payment they post it as a partial payment, which seems to put us behind in payments. My husband and I do all we can, just like others to pay our mortgage and it may not be on time but, it is never 30 days late, only about 10 days. People are trying to do what they can, going to work everyday and trying to keep a roof over their heads for their family. This is the biggest institute and they only care about themselves. I am truly trusting in God for a solution, whatever it may be.
Same story for me. Over a year. Now they’ve farmed it out to HMP program that’s handled by an outsource company. Year ago when I was current they told me I had to be 2 down to qualify, so it did that, and eventually went 5 down hoping the sum would be added to the end of the loan . Due to fear of a surprise foreclosure I took $ from my retirement and brought it current. $16,000 in late charges alone. I recently learned I could have qualified for an FHA refi at 4.5%, but not now as I have had a “past due mortage payment within the last year” which has destroyed my credit.
Unfortunately incompetence is not a crime. Gross negligence with resulting damages may offer some hope for a future case. However, by then we will have suffered beyond repair and only the lawyers will make-out!
After my comments above, when I said that I had decided not to wait, I did go get myself a law firm to help me get a mortgage modification. It’s been about 6 weeks, and guess what! I got the modification approval today. I’ll let you know how it goes from here on, but basically my payment will be around $300 a month less, and I don’t have to wory about playing catch up on arrears. It cost me $1150, which meant getting further behind on my mortgage for a month, but the savings on the lower payment with the new interest rate will take care of that cost over a short period of time. Anyone who wants the name of that company can reply to me.
What is the name of the company. I am interested. BAC is playing dirty with everybody.
The name of the firm is American Residential Law Group. You can find them online. You should also go through looking them up with the American Bar Association, Better Business Bureau, and any other regulatory agency you can think of. It will make you more comfortable with your decision to go with them or anyone you might choose.
I also would like to know what the name of the law firm
Sorry it took me so long. American Residential Law Group, or they also go by an acronym “ARLGO”. My first payment to BoA under the new terms is due September 1. I’ll let you know how that goes for me.
Could you please provide me with that info. I have had it with these idiots.
Thanks so much
American Residential Law Group, see the comments above.
Attorney that helped you referral please.
American Residential Law Group, see my postings above.
I have been getting the run around from B of A regarding loan modification. They requested the same paper twice, sent a letter stating they had the necessary documents. Today I get a call wanting the same documents. On June 20 I was told my application would be “walked through” by a person named Ken. He also stated he would call once a week with status updates. Never heard another word until today when a person named Stan called wanted the same information.
I have been told this is standard B of A practice to simply give people the run around.
I went through that same thing, and some of the paperwork I sent at least 3 times. At the end of it, they didn’t even bother to tell me that I wasn’t approved until I phoned in to make my next payment, which I was told would be over $300 more than my regular payment because it included late fees for the amount I would normally pay, and I’d only made the amount of my trial payment during those months. I got myself a law firm, figuring what the heck, it still will get worse if I don’t try using lawyers. I paid $1650 total, a flat fee (yeah, instead of my house payment). Today I have infront of me paperwork that says I have been approved for a loan modification. The process so far has taken 6 weeks. My new payment will be less than my old payment, because the interest is less. If you don’t have time to wait around for a class action suit, you may want to try this option. There are firms out there that will assist you. Check with the Better Business Bureau and the legal board of whatever state your attorneys are in, and do all the research you can before you get involved with anyone. I live in Minnesota, but my firm is in Florida because that’s where I found the best price and the best ratings.
Where in Florida did you find a firm? I live in Florida and afraid I will have 2 miss a payment also to get a flat rate attorney to handle my mtg. modification.
Thanks.
What is the name of the firm you used.
attorney referral please
Check out american Residential Law Group. See my potings above.
Barbara,
I too received approval papers which I signed 4 months ago yet I am still in a “trial modification” and they don’t even know when they will decide if I qualify(?) so please don’t be fooled into thinking you are safe now that you received their “approval”. Now I keep getting phone calls, which my answering machine picks up, the message left is never a complete message—somehow they start in the middle of a message. They do tell me when I receive papers via FedEx to call to discuss this. They leave no phone number and when I call BOA, they claim ignorance. I have recieved nothing by FedEx since March and there was nothing to discuss, it was them wanting my info. At first I was worried about this but it has been 2 months of occasional calls and I still get no papers from FedEx, BOA still doesn’t know where the calls originate and most importantly, I haven’t received foreclosure notice yet. I guess I’ll really worry whenever they get around to doing what ever it is they are going to do. Dirty bastards!
Did your papers actually say at the top, “You have been approved for a loan modification”? Mine do, and my lawyer is in the process of reviewing. I don’t intend to sign until I am satisfied that I won’t be in a worse situation than before. BoA sent them directly to me, and I wasn’t going to be in a rush to assume that this was correct. The attorneys said I did need to have this reviewed by them, and it’s included in what I paid.
I am not on or in the class action lawsuit but would like to be if someone will tell me where to go or what website to go to to put myself on it? I was not aware there was one till I visited this site but will gladly get in on class action lawsuit as we have been strung along for almost a year on a home remod from bank of america and they still want more paperwork; they also sent us paperwork from lawyers office last saturday which was a motion-order for an amendment to the last paperwork they sent back in the winter and I tend to think it is for a sale date on our home before the home remod can be done. So will gladly get in on class action lawsuit if I know where to go to get on it. Thanks Dellany Lexington, Ky
I found an address for a VP who is in charge of customer advocatacy. I sent her via FedEx at detail break down of the issues encountered while attempting to get a loan mod. I included copies of all correspondence, and names, dates and phone numbers of people I have spoken with.
As expected I did not hear back from Stan today, so will rattle his chain tomorrow. I intend to call him everyday until he manages to locate the paperwork.
I’ve heard others say that it can be counter-productive to harass B.O.A. If you p*ss someone off, they’ll just return your case to the bottom of the pile — again and again.
Kind of puts us in a pickle, doesn’t it?
Damned if you do. Damned if you don’t.
🙁
Is there a lawsuit in Florida? How do I sign up? BAC has been giving me the run around since Oct 2009 and telling me I dont qualify and they dont have the funds to help me.
Barbara,
Yes my papers actually said I had been approved for a loan modification. They even gave me the new payment amount which is $100 more than the trial payment. Unfortunately I went ahead and signed it and returned it without legal consultation but that was before I found this site.
I would like to get in on the class action. my dad passed away in January, and i have been helping my mom make the payments on the house, but i cannot any more. the payment is over 1300 a month and my mom only gets around 1200 now b.a. is starting foreclosure, as a result, my 70 year old mom will be forced out. she has been turned down for a modification because she does not make enough money. i thought they were supposed to help us. not hurt us.
Hi everyone! Please pass this link along. This shows why banks do not want to modify your loan, and why we have been wasting our time while they give lip service to this fraud.
So, all of this Obama BS about “Making Homes Affordable” is being undermined by his own FDIC (Dept of Treasury). Please copy and paste this to your browser.
utube.com/user/fiercefreeleancer.com
Sorry folks! I went into this blog and could not get the link info I gave you to work for me.
Please google “IndyMac Boys get sweet deal” and you’ll get the idea.
Does anyone know a great attorney in CA for suit against B of A?
I have a thick folder of all my calls and correspondence to BOA and the hell they put me through. How can I join the Class Action Suit so this never happens to another person again?
Can any one tell me how to join this class…send a link or an address?? Been fighting them for over a year and can’t get through to anyone. Its like starting new on every call to their agents. Don’t they keep notes on previous arrangements??
I had basically the same problems, a big run around.
I found the following person, copied all correspondence, along with phone log showing dates, time, person etc. and FedExed them in with signature required. That was on a Tues. On Friday I received a FedEx letter stating my modication had been accepted. It worked for me, give it a try.
Send material to:
Ms Nancy M. Condos
VP/Customer Advocate
Bank of America Corporate Center
100 North Tyron Street
Charlotte, NC 28255
We had TB&W and had requested a loan modification in July 08 and was told not to pay for three months Oct, Nov & Dec 08 and then contact them to get information and guidance on how we can be eligible (non-payment for three months) for modification. Got no response for over a month. Got one, then told they didn’t have our info. Sent it again and told to not pay for another three months and they would contact us like before. No contact for two months (this is now June 09) told the they’re backed up, it’ll take time. It wasn’t until Aug 09 we heard (via internet) that they went belly up and in Oct 09 we got a notice that BoA took over our loan and that they knew nothing of TB&W dealings with us and that we owe over $17,000 in back payment with fees and they want it now. Called BoA’s home retention department and was told to send our information again (financials,etc) and they would contact us in a week or two. No response until late Nov 09. Once again, they stated they didn’t receive our information and that they are sending us a hardship packet for us to fill out and send back. We did and they told us they would contact us in about 6 weeks to discuss our loan and what we needed to do to be eligible for this modification. No response until late Dec 09. BoA then told us it will take up to 90 days to even go to any negoatiations to even be considered for modification. We hired a underwriter in Dec 09 with no luck from then to present date (don’t want to talk about that one). Then in Feb 10 we got a sheriff deputy knocking on our door handing us a foreclosure notice. Called BoA and they said they never have received anything from us at all. We start this mess again and two months later is told that we will lose our home because we didn’t agree to a offer from BoA of a modification that was over a $100.00 more then our monthly payment was to begin with. We never missed nor was late on a payment since before we requested a modification with TB&W in Oct 08. We’ve recently sent letters to our congress and senate requested help and why the goverment hasn’t stepped in to stop this crime now then to let it get worse. We are going to lose everything! We’re from Ohio and want to be a part of any class action lawsuit against BoA/TB&W and not lose our home too. I want to see this company go down in flames. I have fought for my country with blood and sweat in foriegn lands, now it’s time for our country to fight for us and for us to have due process and give us our rights back as homeowners!!! If there’s any help or infor, please email me oaksters1969@yahoo.com immediately. Thank you
PLEASE HELP US WITH BANK OF AMERICA,NO HOME NO PLACE TO GO, DISABLE HUSBAND AND KID, B, O. A WANTS US ON THE STREET. NO LUCK SENDING A NOTE TO THE PRESIDENT….
SOME ONE DROP US A NOTE IN ARE E MAIL WHO CAN DO A
CLASS ACTION ON BANK OF AMERICA….
WE HAVE NO MONEY TO RETAIN A LAWYER, BUT HE CAN TAKE WHAT COMES OUT OF THE CASE.
THANK YOU ALL WHO ANSER. PRRGGONE@YAHOO.COM IS ARE MAIL BOX AND LAST HOPE,,,
I tried the modification as well. Started making my trial payments in Feb. 2010. Three months go by,…nothing. I call. Continue to make payments, your loan is being reviewed, they tell me. Then I get a FedEx package saying I didn’t send in everything they needed (I most certainly did) and if they don’t have it by the end of the next day I’m done. I sent it all in along a with a cover sheet indexing the contents. Now they say that they only received have of the information. What a bunch of Bull! I tried to get back in the program but now I don’t qualify. Come up with three months payments or lose the house. My credit was good before this experience. Now it’s trashed.
I was a countrywide mortgage holder and a long time BofA bank customer. Last year I finally reached the wall after losing my husband to a 10 year battle with cancer and then suffering two strokes while trying to raise three children. I called BofA and was told I did not qaulify for modification because I had a conventional loan, and that they would only consider me if I was delinquent on my payments, so I stopped paying. I was then approved for MHA program. I went through the 3 months of trial payments, and still received no finialization on the modification. I was told to continue making payments in accordance to the trail payments. I continued to do so and in March I was sent out final modification paperwork. I completed it and now I owe 40 years on my home with a huge ballon payment at the end of those 40 years. I will be 88 years old at that time. I signed the papers as it was that or be homeless right. BofA signed the docs in April and sent them back to me. However now they are telling me that I am 2 months behind on my payments because they did not apply the money I was paying in accordance with the MHA. I have spent the past month and a half talking with everyone from customer service to the corporate office. I was told that once the MHA is completed the funds can not be moved to show that I made my payments. I am still getting letters asking if I want to sign my property over to Bof A. I finally spoke with a person in the CEO’s office today who stated that she could see that I had made my payments, but there was a clerical or accounting error. She stated that she had delt with something like this before and it took her 2 months to resolve but she did. She asssured me that she would be able to resolve my situation, but it would take her about 2 weeks or so. So even though I have made my payments I still owe them two months. What a horror.
Common story, Rob. It’s BoA (or “Bank of Satan”, if you prefer.) I finally got my mod run-around up to the Office of the President and CEO. Mind you, I’ve been in this process for over a year now. I’ve been turned down twice because of the paper chase issue. My negotiator, Abdul Kahn, was supposed to contact me three times, because the mod offer was completely screwed up. He never contacted me, and later fed the Customer Advocacy a BS story that I didn’t return paperwork he had requested, which was completely false. The person at Customer Advocacy told me NOT to sign the agreement, and not to return the paperwork, with which I complied. He would conduct an investigation. I continued to pay the trial period amount in July (Marking the 10th month under trial payments). I made arrangements to pay the August payment for the full amount, because I’m near $1,000 in delinquent principal. I am also selling off a lot of my military collection to pay back the delinquency, knowing that the delinquency could result in BoA doing a repo on me.
On July 30th I received a letter that I had been refused the mod because I didn’t return the mod agreement! I called the Customer Advocacy rep, told him, and he had no idea that it had happened. He only knew, as mentioned above, that I was missing paperwork. So we start all over again. Abdul Kahn isn’t fired; I have to start all over on applying again.
There may be a legal precedence, however. When we started the process, we had a contract with BoA. We had to enroll in a debt consolidation program, and give proof. The trial payment period was to last four months, and there would be a decision on the mod. BoA did not honor that contract if they kept you on the trial period longer than four months. It’s pretty obvious by now that that ploy is to put the mortgagee in a negative cash flow situation from which he/she cannot recover, then they can do a repo and get rid of the toxic asset. The government is aware of this, BTW. A HUD rep acknowledged that when I went to file a complaint. If there is anyway you can pay the full monthly payment, do it. Work on paying off the delinquency, if possible. At least pay something on it each month. They can’t really get you for failure to try to pay.
I wish I’d never done this. For the first time in my life I’m behind on a house payment, and in danger of foreclosure if i don’t stay one step ahead of BoA. I should have just tried getting used to the dog food.
I am supposily in Bank of America’s HAMP program. over the pass 3 month
In May I was told that I was excepted into the program. after making the required trial period payments . and forwarding back through FED EX all the documents, upon which I received returned documentation that I had been excepted into the HAMP prg this was June 2010, all documents were received by FEDEX to BAC by 5/21/10
I was to my mortgage payments were reduced and I told to pay the reduced amount . I sent in the specified amount in June, based on what was noted in the HAMP approval notification fom BAC, but I received a regular Mortgage payment bill, which is not the reduced payment that much more than the HAMP specified amount . Since then I ve been told that I was suppose to make regular mortgage payment until Sept 2010 this I was just told today. all my payment since including May have been the amount specified by thee Program, I been given conflicting stories everytime I call, about mnot sending complete payments because of that I was charged late fees,
I was told my payments mistakenly was all sent to prinicipal, yet my principal balance has increased $3000, I talked to a multitude of different people, each time I call I am given different information the so called Hamp people say one thing , BAC customer service another
I NEED HELP. WHAT ARE THESE PEOPLE DOING WITH MY MONEY Now they claim the HAMP program payments are not effective until SEPT. 2010
J H Dabner
I am having similar issues withPNC Mortgage. Anyone with issues with PNC?
I need help! Bank of America forclosed on my home and left me and my daughter homeless after months of trying to get a loan modification. Our home loan was extremely predatory and our loan officer put false things in my loan application, and now I am facing mortgage fraud charges!! Someone please help me with what to do. I plan to get any and all media attention. If someone is interested in starting a class action lawsuit please let me know!
641-512-1320
Same frustrating comments as many above. Is there a Class Action Lawsuit establised in NC. I’ve got as interesting a case as anyone.I was never behind on my mortgage payments, paying 7.8% interest.
Tried to enter mod. program toget a better rate and possible lower payments. They finally sent me last month a Modification, still the same shameful interest rate and up on mortgage payments. . Almost perfect credit before, no way down because of this great new BOA Help the homeowners I have theory that I think everyone should take note! This program Expires in December 2010…Think about it..they will be off the hook.You can not believe anything they say…..get a lawyer, save your house before its too late.
I started my modification with BOA on 12/22/09 followed up with them weekly; hearing that it taked 45 days to process. I heard that every week until the first week in July when a CSR told me I was declined. Not only was I declined but my mortgage increased by $300.00 as they put my mortgage that was not originally escrowed into escrow. I am recently divorced, had a loss in income and qualify on more than one count for the modification YET I was declined…what do you do? How do you fight? Suddenly, the sun shine state isn’t so sunny after all 🙁
Bank of America has lied to me, they told me I can get a modification, then they lied. My credit is messed up becasue BOA, only thought about BOA. I have moved out of my home, hoping to do a short sale, and they have been slow walking me every since Oct 2009. I would like to get on the class action lawsuit, they took my equity, and stated that all the homes in my area, is losing value. BOA owes me about $8,000 dollars or more, how can I get on the class action lawsuit, and retrieve the funds, that was taken from my equity before, I have came into financial hardship. Please give me a list of attorneys that is taken on this class action suit, so I can be a part of the lawsuit. They owes me. I have tried from May 2008, to get modified, my home loan was sold to countrywide, please help, then BOA could not fix the situatiion my loan, so I was forced to lose my home,. PLEASE HELP
I became dis abled and applied for the Modification Program. I was awared one program and then had that taken away and given another. I paid for 11 months and I called monthly wondering what would happen to me. I questioned a final modification offered to me in May and I was told it would be reviewed. I called every week through July and I was told not to worry. I finally got a letter on July 31st and I was told I did not qualify and I owed $20,000 immediately or they would start foreclosure. I was so upset I fell down a flight of stairs and ended up in the hospital. Please help me. I have nothing and I was lied to and mislead and cheated. Please contact me.
I am also interested in a class action in Ohio. Still waiting month after month to see if they will approve my modification and praying everytime FedEx comes down the street that they don’t have foreclosure papers for me! Please contact me also if you know of a class action on Ohio.
Fed Ex does not serve forclosure papers. A Sheriff will come to your door………………
Everyone in trouble with BOA should contact their Senators and Congressmen…they can set up a review and investigations, lawyers only jump if you wave easy dollars at them, and class actions only benefit the lawyers, if the expenses are low……Also file a complaint with the F.T.C..they won for us against BOA/Citywide for 108 million…………
hey everyone!! i have a little info 4 u!! im sick of BoA also.. i have found some nation wide atty im going to call.. check them out and call them 2.. if we all keep callin these attys they will see how many of us there is and maybe we will get somewhere… lets start here!!
Guth..530-822-9467
Butler Vines & Babb 865-622-7720
Freed & Weiss 1-866-779-9610
AGAIN THESE R CLASS ACTION ATTYS…
LETS CALL DAILY AND REPOST THIS ADD DAILY.. LETS STAND UP TO BOA.. THE MORE WE CALL THE ATTYS THE MORE PPL THEY HAVE COMPLAIN THE BETTER CHANCE WE HAVE..
My husband and I recieved a letter from Bank of America Home Loans informing us we were eligible for a home loan modification. When we called, we were told we did not qualify and to call back the same time next year. Our mortgage was tranfered over to Bank of America when Taylor Bean and Whitaker went under. We sent payment into the company and once Bank of America took over we were told we were 3 months past due and facing foreclosure. We were also told to disregard the foreclosure statement because they were waiting for Taylor Bean to release funds (which they never did). We had to pay all the money for the months we paid TaylorBean to Bank of America. We are facing harder times now, and we are still being told we do not qualify for a modification because we make too much money. Well, we would love to know where that money is and when we will see it.
I actually had a modification in place through countrywide before B of A took it over. In Feb of 09, they refused to honor the modification and told me they wouldn’t accept ‘partial payments’ from me. argued, sent copies of existing modification, called until I was numb with no result. Until now, that is when they filed the notice of default to begin foreclosure. I am looking for an attorney as we speak.
I’m interested. We too had CW with our perm mod approved and started pmts. 4-1-09. Made new pmts. Continued to get run around and receive “old” payment amount due on monthly statement. Past due kept racking up even more since difference of new and old pmt. amount. Finally in May 2010 got a phone number by accident from a man in India. Helped me. Got my mod completed. . . Oh but wait, they finalized my mod, then 2 weeks later sent my loan to the foreclosure dpt because of past due (from their dragging their feet) They need to be held accountable. Yes, I will join a class action for California against them. I’m also interested in getting an attorney very soon.
After working with a modification company for over 14 motnhs and making a modified payments approved by BOA for 5 months, they decclined my mod request saying we were not communicatin with the bank. I just received the NOA notice and am ready to give them my large house that is a jumbo loan, underwater by $200,000.00. Let them try to sell it for anything it’s worth. Oh, screw the home maintenance as well. Thanks a lot BOA…Bank of America??? Yeah, right!
AS EVERBODY HAS SED, ABOVE ME ,AND TOLD ME, TALK TO ME, BOA STILLL A ONE MAN GANG, BOA IS PUTTING ME ON THE STREET, IAM, DISABLED, DISABLED CHILD, AND A WIFE THATS OVER WORK,MY NOTES TO THE PRESIDENT OF THE GOOD USA, FOR A INVESTIGATION ABOUT BOA, YOU SENT ME A COMPUTER GERERATED NOTES, BUT THE PRESIDENT SAYS I READ ALL E MAILS, BS ON THAT!!! AND LEFT MY E MAIL OPEN FOR HELP, NOT ONE PERSON SENT ME A NOTE, LAWYERS SAY THEY WILL DO A CLASS ACTION HELP.,THER REPLY GOT SOME BIG CASH, WILL HELP YOU, USA .HOME MONEY HUNGRY BANKS AND LAW FERMS. SO ONE LAST TIME I NEED HELP IN DOING A CLASS ACTION TO BOA, MY DREAM IS ALMOST GONE, MY HOME, CAN SOME ONE HELP,YOU CAN HAVE A PERCENTAGE OF THE TAKE OF BOA. PLEASE E MAIL ME AT, PRRGGONE@YAHOO.COM. LETS TRY TO PUT THIS BANK IN JAIL NOW!!!! PLEASE HELP. AND MR PRESIDENT THANKS FOR THE NO HELP FOR MY FAMILY, YOU MUST BE A PART OF BOA, THAT WHY ALL AMERICANS ARE UP IN ARMS, AND YOU DO SHIT!!! ALLAN A HARD WORKING MAN WHO GOT HURT PROTECTING ARE CONTRY, THANK YOU ALL, THIS MUST STOP ,,ITS LIKE HITLER ALL OVER AGAN BUT IN A BANK
Please everyone file a FORMAL complaint at http://www.helpwithmybank.gov, they will assign you a case number and it gets forwarded to BofA legal department, they are now being forced to help me try to fix all of their mistakes….I had to take them $8879.88 last friday to come current on their terms and I will fight it out with them. I also contacted our local media in Oregon and tomorrow night on the 10:00 news they are doing a huge story from the person who does their investigative reporting, she has dug so much more dirt up on this PREDATORY LENDING BANK it is unbelievable. I have also pursued a class action suit on behalf of Oregon and will let you know when it is close to them filing in the courts. Also DEMAND that they fax or email you your loan payment history it will boggle your mind all the mistakes and posting descrepencies that have errored on. They even admitted to make multiple numerous bank errors. Stay on top of them don’t back down I have several direct phone numbers to contact the people in their legal department as well as names and email addresses…if interested please email me and I will pass them on mnicemomma@aol.com
Just occurred to me: Banks are FEDERAL Institutions. Try to recall Watergate? “I’m not a crook:? The big strong animals eat the small weak animals. It’s time for the “small”weak’ animals” to get strong. We’re in the “times” ya know? dude?….Sweet…
Had to add this. Picture bunk beds:….like….as many as you can think of. Well….all of these money guys are probably sleeping together. They have us in the “Pick a Bunk” game.
My circumstances echo, if not duplicate, every story on this thread. I’m in Pennsylvania. I’ve gotten my Congressman’s office, Patrick Murphy, involved, as well as Marguerite Quinn’s office, my local rep. I would willingly, happily join a class action suit, particularly here in Pennsylvania. My Sheriff’s sale date is Friday, August 13th … interestingly. That’s just two days from this writing. My politicians have escalated this case to The Office of the President of BofA, first for a postponement, then for a proper review, which I have NOT received in 12 months of living hell.
I’ve been shocked (hard to do) at how many people are repeating my own story across the country. This is clearly a planned, systemic problem and is likely simple greed … at our expense.
Please contact me at donsweet@verizon.net, particularly if you are in Pennsylvania.
How can I get added to this? I’ve been trying to get my loan modified for over 2 years–before the TARP and MHA programs–when they told me I had to be 3 months behind before they’d even consider looking at my application. I now have a sale date, which I’m trying to postpone, the initial Countrywide loan officers fudged my numbers and when I lost my job before closing, told me I had to go through with the sale or I would be sued. This has been a nightmare! BofA settled with the California State Attorney General, and they still won’t modify those loans and honor the settlement!
I was approved for the making homes affordable program in January 2009 ands told if I made all of my trial payments on time, in an estimated 3-6 months i would receive a package of paperwork to permanently remodify my loan’s interest rate making these my new payment for the duration of the loan
After 3 months of consistent on time payments and no paper work, long days on the phone with every dept. Bank of America has. I was shuffled around and told my paperwork to make my modification permanent was sent out or that i would be receiving it shortly. I never did. Same story after 6 months.
On Aug 1st 2010 i called to make my payment and it was refused. i was told then that my property was in foreclosure. I never received a letter of notice informing me my home was going to foreclosure. i wouldn’t have known it was going to auction. They then told me i was not in the making homes affordable program and that house was in foreclosure and would go to auction August 9th, 2010.
On Thursday, Aug 5th I was then told the investor on my loan had denied my approval due to my debt to income ratio. My only option was to reinstate my loan by coming up with 25k before my auction date (which was 4 days away) or file for bankruptcy.
The only hits on my credit are from B of A. So on top of the super speedy foreclosure, my house is gone and my credit is destroyed unjustly!
I honored my end of the deal. I was told, well… it wasn’t guaranteed. Where is the justice here?
To anyone who has asked me for contact information for the law office I used, here’s contact information: Faye Baxter fbaxter@arlgnow.com) and direct number (954-626-3159)
Okay I had contacted local medias investigative reporter several weeks ago regarding my situation with BofA and thay came to my home and did a story on this bank it airs tonight 10:00P.M. fox 12 in Portland Oregon, for those of you not local go online if you want sometime after it airs tonight and watch it. The reporter and I have been in contact numerous times and she emailed me today and said just the commercials they aired today regarding this story brought in a ton of phone calls and emails from many many people in our same situation.
I also have been in daily contact with BofAs legal department as they are being forced to help me try to resolve all the problems and damage they have done to my loan and credit, I told them this was airing tonight and that it was me in the interview and that they should watch me help expose their Predatory lending.
Here are direct phone numbers to people in BofAs legal department, call them and burn up their phones with questions and your VALID complaints, this message board is a great tool for all of us to come together but we all need to make our voices heard LOUD and clear, we all have to be willing to stand together no matter what state we are in ,because ultimately we all have the same problem with the same bank.
I also encourage you to document everything you possibly can phone calls, hold times how many different people you get passed around to how many times your disconnected and especially the name of the person you talk to and any information they give you….even though we all know at this point they are trained to lie to us and repeatedly give us misinformation.
Here I 2 numbers I have for the legal department
James Fullen 817-864-5996
Anne Bandle 336-805-488o
I did have several more but low and behold even though they were direct numbers with ext. they now forward you to guess where? Customer service……good luck to all of you against this predatory lending bank.
We went thru this nightmare with BOA they told us we werent eligiable because we werent behind ! We then decided if we couldnt get a modification that we should try to do a quick sale THAT was a NIGHTMARE we moved out of the house but before we had gotten all of our stuff out GOOD OLD BOA paid someone to BREAK into our home and change the locks as well as tell the neighbors we was in foreclosure mind you we were barely 30 days late on our first late payment. Not to mention we had the house listed with a realtor who called when we called her in a panic because the house was broke into , She then called the person that she had been dealing with at BOA and the lady told her it wasnt BOA we had to take the note off the door and fax to her to prove it was indeed BOA that had broke in and changed the locks, she then said sorry and that she had no idea why they had done such a thing. In the mean time i had called and the guy i was transfered to after a major run around then informed me thats how it goes that legally we didnt own the home that it wasnt our home until we made the last payment to them! they broke many laws but we arent rich and couldnt afford to hire an attorny they are bullies who bully consumers and get away with it. We had the house approved for a short sale so we hired a real estate agent BOA called us almost daily and pesterd us even thou they new we moved out of the house and had it listed and we were doing everything in our power to try and avoid foreclosure and a bad mark on our credit, After 4 months we called and offerd then died in lue and they expected us to jump thru more hoops and that even then there was no gaurantee they would grant us a deed in lue at this point after they work out lady didnt return my calls or my realtors and then closed the deed in lue for NONCOMPLIANCE i called and this time she answered her phone and called me a liar and also said my realtor had never called when we both had called and left her messages I got angry and said Yanno what thats it JUST FORECLOSE ON US we give up you win YOU can have our house we are thru trying to resolve this crap and the gal said she would forward our stuff to the foreclosure dept. GUESS WHAT A YEAR LATER they filed foreclosure on us in the mean time making sure they totaly destroyed our credit. O and did i mention in 2007 we were flooded from our home that we had just bought and the seller lied on disclosure papers after that and losing everything we owned we still made our payments we never asked BOA for anything thinking back ….the smart thing to do would have been to walk away then but we didnt we rebuilt the house and we didnt have flood ins because we werent aware that we was buying a flood home! very disappointed that people are allowed to boldly RIP people off and there is nothing one can do. anyways I would like to know how to get into this class action suite because I feel a huge injustice and that they are getting kick backs telling the GOV. that they are tryiong to work with people when the reality is THEY are leaving accounts open and not working with people and then making bank off of the kick backs for doing jack squat!! I BEG PRESIDENT OBAMA to please please get control of these mortgage companies that are totaly screwing over the american people. We were also screwed over by a switch and bait mortgage broker and thats another factor in our situation we were role model customers for 4 yrs never late never missed a payment we called them and begged them before we got behind for help and they basicly laughed at us and said you have been role model customers never late never missed a payment we are going to go ahead and raise your rate and you will continue to make your payments! we said at this point if you raise our rate we wont be able to make the payments as my husband was laid off because the logging industry took a major hit at the same time. anyways BOA is the most difficult company i have ever had the displeasure of working with! and to this day we still dont know what is the status it was supose to be auctioned off but we arent sure. We moved on gave up our dream of owning a home and now live with our kids!
hi nbillie they did the same to me lost alot of stuff they entered my house 2 months before the jan 142010 forclosure date.gave to realtor and changed locks with out evic notice with sherriff dept.realtor will not help now with records he has.Of when they gave house to him.they said house was abandoned..i was away working…i ahve persued this for 7 months for class action get court house records of your house for closure…and ..proof of when they enetered house
How can I get added to the lawsuit?
Help they are horible- I modified my loan over a year ago and have called and called and get the run around- now have recieved intent to accelerate paperwork and my payments are posting as misc…..