Comments on: Class Action – Bank of America Sued by Homeowners for Withholding Federal Bailout Funds

By: John McCulloch

John McCulloch — Wed, 03 Feb 2016 04:30:34 +0000

Here we are in 2016, we left our home in Jan. 2011 after B of A threaten to evict us. We both lost our jobs in the fall of 2008, also had major damage to our home in Nov. 2008 which wiped out our cash an cds. We had a loan modification in the making in summer 2009 with Taylor and Bean, but they went bankrupt and “threw us under the bus” to B of A. B of A denied us their help. We then applied with B of A on two more occasions but they wouldn’t really help us. So we offered through Keller Williams short sale options. We had several real offers from qualified buyers, one waited 9 months but gave on B of A. Finally, after leaving the home better than we bought with improvements inside and out we had no choice but to file bankruptcy in 2013. We were upset and want some justice but got none, and, we were willing to let bygones be bygones. When we filed bankruptcy B of A sold our loan to Carrington. The two institutes proceeded to bill us repeatedly over the next few years. Finally, this week we learned we are about to get yet another beating due to a foreclosure coming up in April. John L Scott offered to try a short sale again,either way we lose the last 2 and a half years of rebuilding our credit and won’t be able to own a home again until May 2018. All of this frustration and unfairness is due to a Bank who couldn’t care less to do their job in a competent or professional manner. We need relief and help!!! We can’t endure another financial fiasco. Please let us know what can be done.

contact no. 435-419-0782
email address: itisabouttimejohn@yahoo.com

By: Lia Brissey

Lia Brissey — Fri, 14 Jun 2013 21:15:21 +0000

I am presently in the my home I have not been allowed to make a housepayment in 2.5 years….I have had to stop 3 sale dates…..Fighting bank of america…..I have been doing this for almost 8 years….Can tell you story after story…..of what I have been through with this bank….I am now facing another sale date…..People we need help….I have hired two attorneys got know where what do we do…..I would love to go public and try that are there anymore people out there willing….I joined a classaction lawsuit a long time ago Bank Of america just sent me 300.00 wow for all I have been through that nothing Still fighting We need help any one have anymore ideas…..something that works….912-586-2407 My name is Lia Brissey Sincerely

By: April Pendergrass

April Pendergrass — Mon, 04 Mar 2013 21:43:30 +0000

My loan was with Country wide and sold to BOA.. In Jan 2010 I looked into a MHA loan. I thought that’s the modification I was given. It had over 2 points in the closing costs. The closing costs were over 4000 dollars and lowered my payments only 70 dollars… The only mention of MHA was in the conditions addendum. It stated “closer was to pull new MHA calculation tool – including anyPOC fees paid- including cash to borrower and per deim…I was never notified that my interest could be lowered.. I was working on this situation and suddenly informed today my loan was sold…

By: Denise

Denise — Fri, 25 Jan 2013 22:29:54 +0000

In reply to PatG. It is sad to hear your problem. I can't believe these mortgage servicers are putting you through the same bs and playing the same games they put me through in 2007. This entire fiasco is the greedy bankers' creation.

By: PatG

PatG — Thu, 10 Mar 2011 22:48:51 +0000

;} I used Universal Lending to execute a modification (FTC closed their operations for fraud), then had to do it on my own. I had a friend who offered to finance the home, but after three months Bank of America still hadn’t responded to multiple requests for payoff. We contacted the attorney in Monroe Louisiana who was handling the forclosure and was told they couldn’t get an answer either. They finally sent me a modification just days before my home was up for auction. I signed them and sent them back FedEX. Two days later I recieved another offer. I called and told them I had sent the package off, and was told that it contained an adjustable rate and they could get it waived.. It also added back interest of over $18,000 to the balance due of $118,000 making the total due of over $145,000. Since I was caught between the old rock and hardplace, I told them to go ahead with it and was put on a trial period. I fulfilled the period, (supposedly 3 months, but took over 6 months) and was sent a letter saying I qualify for the modification. The letter also in multiple places said they were preparing Agreement papers and as soon as I got them get them back in the time period stated. The wording actually was “to accept this offer, you will need to sign and return a Modification Agreement that includes the terms and conditions of the permanent modification. We are in the process of preparing your Agreement and will be sending it to you soon. Please be on the lookout for a package in the mail and return the Agreement to us by the requested date so we may finalize you loan modification”. I did not recieve them within 4 weeks so I called on and was told if not recieved by June 23, 2010 call back. I waited til June 23 and still no packet. I called and was assured it was “APPROVED” but they were running behind pretty badly. They said call back if not recieved by July 23, 2010. No packet so I called on July 25,2010. Again I was assured it was “APPROVED” and not to worry, it was taking several months to get all the paperwork out. I was told to just continue making the modification agreement payments as I had been doing. I was disabled in Janruary of 2010 and put on weekly disability payments. In Oct 2010 I was put on monthly payments paid on the 21st day of the month so I called and talked to John on the 5th day of December at 12:53 CDT. I explained the situation and he said don’t worry, it would not change anything. He asked if I could afford the modification payments where they were and I told him yes. He also told me I could use direct pay by my bank at that time. He also assured me I was approved for modification and would see my paper work soon. On February 23, 2011 I recieved a call from BOA. I returned the call and was told I had been turned down. They transfered me to the DESIREE TEAM. I talked with a supervisor named Julie Nye. She said my payment was $1184.96. I explained that I had been approved each of my statements showed to continue the $983.32 Payments. She asked me to fax all that to her and she would post it to my folder. I also asked her about the turn down, and she said it did not reference that in my account. She said it showed I was still under “REVIEW”. I explained the approval letter and she asked that it be sent also. Then last night, February 23, 2010 I recieved another call from another dept of BOA. I was told I had been turned down and I would be sent another packet. She also said not to be surprised if I recieved a forclosure notice and not to ignore them. She said they were sending me another package to see what other program I qualify for. So eleven months after I was sent an approval letter , and over 18 months since the process started they are now wanting to steal my home. I am now on permanent disability and would probably not qualify for any program. Where do I go from here? I have already went to the Federal Trade Commission and Louisiana’s AG

By: Jim Bachie

Jim Bachie — Tue, 01 Feb 2011 16:55:37 +0000

We filed for a modfication in November 2009 after hearing from our bank that because of our loss of income we would qualify, Winthin 20 min or so the reduced our monthly payment by almost 400 dollars while the modifiction processs was going on. After 3 months we were infored that we were turned downed for that program but there was another prrogram that we might quailfy for but would need to provide the same information as we did on the first attempt another 3 months went by hearing nothing called several times got the same answeer every time “it under review” then came the bad news we did not qualify for that plan but there was another program we might qualify. once again you got they wanted the same information we sent previously and them denied our mod finally we hired a loaw office out of California who gauranteed they would get us a mod we are now going into the 6th month without a mod only threats of foreclosure, my atorney keeps telling us thaty its not unded forclosure. We had to refile the same paper work which we did howeveer some one lost it or mis placed it so we got turned down we called aour attorney and advised them of situation and had proff via receit that we faxed paperwork to them to the tune of over 19 dollars guess what they found the paperwork and faxed it over to them thye went ahead and reopened our case and said the house is not under forclosure. Then yesterdaay 1/31/2011 we recevoed a letter from the bank saying we needed to start paying our orginal monthly payment begining on the 1st or we we be forreclosed o n. It should be noter that our attorney advised us to stop paying our mod until we payed them off now that they are payed off we started payiing the old orginal modification that is when we got the letter of wanting us to start payin our mortgage. In our hadship letter we provided we indicated that my wife and I arfe on disability due to multipul disabilities and still got denied. We keep doing as we are told and still nothing happens. We also have filed bankruptcy over a year ago and can’t file because of the mod if we do file we probably will lose the chanceof getting the mod. So if you want to put my name down on the suit list please do and please provide me with some advise if posible

By: Mark Goodman

Mark Goodman — Fri, 28 Jan 2011 16:31:11 +0000

same story over and over. Mine is no different. After waiting to hear from BofA since Feb of 2010, I called them numerous times only to hear, “we are currently reviewing your file”. Last week I get a denial because I didn’t contact them? Didn’t know I was suppose to other than the several other times that I called them. Yesterday I get a letter stating that possible foreclosure steps could take place but BofA is still reviewing my case? What the…to make it even worse, I initially hired Law Office of Peter O’Toole to help initiate this remodifiction. Now they closed their office and moved my file to their “sister” office who doesn’t even handle this. So I’m currently out my $3K that I paid them and I feel soon out of my home. My wife and I both work and struggling to make it as it is. We have a 4 year old son and, because of the economy, my brother-in-law has to live with us. We have no place to go if we loose our home. We are paying BofA each month but cannot get caught up on 2 months worth of payments. Now, with their penelty rates, we owe them waaaay more money than what our home is even worth. Yet, we still want to live in our home…that is why we bought it. Sign me up for any class action lawsuit you have against BofA. All I want is the remodification done and save our home.

By: LaCrecia Beard-Hunter

LaCrecia Beard-Hunter — Tue, 02 Nov 2010 01:23:17 +0000

I need more information on classs action suit. Can someone please contact me a.s.a.p. I would like to become a part of the class action suit however I am limited with infomation on the procedures. I feel I and my family are victims of the Bank of America scams. Help! Help! Help!

By: Wayne + Deb

Wayne + Deb — Sun, 24 Oct 2010 01:09:14 +0000

10/23/2010

I have been a Bank of America customer for over 30 years, now that being said the following is an outline of the events leading to up to the dilemma we now face.

Our home mortgage was serviced through Countrywide home loans which as we all know is now B of A. In November of 2008 we spoke with a loan specialist at our local B of A branch about refinancing our home to possibly lower our interest rate. We were directed to try applying for a “loan modification” as advertised by B of A. I called the appropriate phone number to BAC home loan servicing LP and spoke with a representative there, she took some general information and said that we likely would qualify and the process would take about 90 days to complete, also that someone would be calling to gather more information. A month went by and no call, I called back several times and finally got to talk to a person that took more information and said we would be receiving an application package in 7 to 10 days and that during the application period we were to make trial payments that were near 300 dollars less that our normal mortgage payment. The representative also noted that during this trial period there would be a note on our credit reports that indicated a less than normal payment was being made.
The application package was sent to us via FedEx, which we filled out and returned promptly. A month went by with no notice or update about the status of our application to modify. Again I called the BAC home loan servicing LP center and asked about our application, I was told they did not have an application from us in their records but they would send another one for us to fill out and return. Which we did, promptly…. We repeated this process 5 times until May of 2009 when we received a letter from BAC home loan serving LP that stated they were unable to process our request for loan modification because they had not received the necessary application forms!!!

(side note, At this time our home/auto insurances had come due and because of the notation on our credit reporting from BAC home loan servicing LP our insurance premiums increased by 300 dollars per month!! )

I had to question WHERE were all of the forms that included much of our sensitive personal information? In desperation I sent emails and faxes to every B of A corporate person I could find an address for. One day later I received phone calls and emails from B of A department heads and was given a phone number to a person that would be handling our modification. I called and spoke with that person, confirmed some of our information and was told we would receive notice of our modification status within a week, of which we did. We were told we would be receiving the new contract and payment coupons via FedEx. We did receive a new mortgage contract with a new lower interest rate and monthly payment, which we signed and returned WITH the first payment, but did not receive any payment coupons. As there were no payment coupons to state how the payments were to be made or mailed to, I called once again to BAC home loan servicing LP to obtain this information. So we have been mailing our mortgage payments to the location we were told in Van Nuys, Ca. (called a second time to confirm) as our on-line banking has not yet been corrected so that we may make the payments on-line, additionally our on line banking shows us delinquent. And now we are receiving notices by mail that we have not made our mortgage payments and are in danger of foreclosure. I have tried to call BAC home loan servicing LP to the same person that was “handling” our modification and was told “our loan is being handled by someone else now and that person will call us”. We are still waiting. I have called BAC home loan servicing LP in an attempt to find out what is going on only to speak to another nice lady that explained we are receiving notices because we have not been making our full mortgage payments, when I tried to explain that we had a completed modification she informed me that she showed no record of that but that she would send an email to the department that handles that.
Which brings us to date, now we have received a NOTICE OF INTENT TO ACCELERATE from the Van Nuys office. We have made ALL of our payments in the amounts we were told to make, to the location we were told to make them to.

I have called BAC H.L.S. LP so many times I have memorized the number 1-800 669-6607. Each time I have called I get a different story. I do know this, we have done everything that has been asked of us and in return B of A has screwed us.

We can see where this is heading, we could lose our home and maybe after a year in court we might get it all straightened out but by then it will be too late.

It is bad enough that we have lost any equity we had in our home because of the housing market collapse, but to add this dilemma on top of it… all things considered we now understand why so many have chosen to just walk away.

I have dates, times, numbers, names and copies to substantiate all that has been said here, and more.

The Kirks in AZ

By: Anonymous

Anonymous — Wed, 13 Oct 2010 18:10:57 +0000

If you read the copy of the lawsuit that is enclosed in the article, the lawyer’s contact info is at the bottom. It includes his phone number, fax number, physical address, email address. Contact him and join the lawsuit.