When the Obama administration launched HAMP in 2009, Bank of America was by far the largest mortgage servicer in the program. It had twice as many loans eligible as the next largest bank. The former employees say that, in response to this crush of struggling homeowners, the bank often misled them and denied applications for bogus reasons.
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Homeowners Claim Bank of America Schemed to Steal Their Homes. June 29, 2017 June 30, More than 100 Florida homeowners claim Bank of America fraudulently delayed or destroyed their applications to modify the terms of their mortgages to steal their homes and sell them at a profit. Read more.
Government help for homeowners may be available through the U.S. Department of Housing and Urban Development (HUD), as well as the HOPE NOW alliance.. Homeowner Counseling.. Link your Bank of America Interest Checking account to your Rewards Savings account
When you make a payment. When you make a bill payment using Online or Mobile Banking you can be confident that it will be processed correctly. In the unlikely event that we fail to process your payment in accordance to the payee, amount and date you specified, Bank of America will reimburse you for any late-payment-related charges incurred.
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Bank of America in Florida Foreclosed On by Angry Homeowner. In Florida an angry homeowner whose home was wrongfully foreclosed on by Bank of America gets revenge by foreclosing on the bank’s local branch. In Georgia, in a different property dispute, a city court judge threatens to jail the local BofA branch manager for contempt of court.
Tips & Techniques for Bank of America Property Claims Services. Even if you managed to find Bank of America’s phone number on their website (or follow their web address from here), remember to use the phone number that we provide as the number listed on their Property Claims Services page is not their direct number!
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Foreclosure lawsuits have been filed in multiple states, alleging banks and third parties acted illegally when foreclosing on homes. In 2010, Bank of America suspended foreclosures across the US.
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