Bank of America Mortgage Complaint

Home equity loan or line of credit Settlement process and costs

Bank of America Mortgage department,

Home equity loan or line of credit Settlement process and costs North Carolina

Dear Sir or Ma'am : Please know that I am the executor of my mother 's will. Both my parents passed away within one and half years of each other. The house that my parents owned for almost 50 years was sold -/-/-. Or so we thought. During the sale of the house, we were notified of a lien on the property that was never released. The lien is recorded in the - County Registry of Deeds website under guarantee of - - - -. The release of the lean was never recorded. The lien is from - - - -, listed under - - -, Document # -, Book - recorded on -/-/- in - County Registry of Deeds in Massachusetts. The lien is for - - - in -, Massachusetts. According to the information obtained on the Registry of Deeds, the lien is as a result of a home equity line of credit established in -/-/-. A Home equity line of credit usually extends for a particular period of time until it expires. Please also note that there is no request for funds owed on a Mortgage of any kind for


Subsequently, - - was acquired by Bank of America. Bank of America was notified by our attorney -/-/-, - number - of the non-release of the lien. As of today, -/-/- Bank of America has not resolved the lien issue which is causing the buyer and myself unnecessary attorney fees. I would like to see a quick resolution to the inquiry. The lien should be released and recorded in order for the sale of the house. If the resolution continues then I would even like to see any expenses incurred for this delay refunded to the buyer and seller of the house due to the non-action of Bank of America. If you would like additional information you can telephone me at -. Sincerely, - -, -, - - - -

Bank of America customer in North Carolina
Oct 26, 2016

* Source: CFPB Complaint Database

Bank of America response to complaint:
Closed with non-monetary relief

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Contact Bank of America

https://www.bankofamerica.com/
(704) 386-5681
100 N Tryon St Ste 220
Charlotte NC 28202
Bank of America
Bank of America

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