Bank of America Mortgage Complaint

FHA mortgage Loan modification,collection,foreclosure

Bank of America Mortgage department,

FHA mortgage Loan modification,collection,foreclosure California

- - -, HUD Housing Specialist, tel # -, ticket # - informed us this morning that this Borrower does not qualify for the FHA Preforeclosure Sales Program due to the delinquency of over 43 months. She stated that this was a Bank of America error. She stated that it was up to the lender whether or not they would accept or reject a pending offer. No one from Bank of America has ever advised or disclosed this information to us or the Borrower. In fact, the information that was given us was that it was HUD that would not allow the postponement of the scheduled Trustee Sale scheduled on - -. No one from Bank of America has offered any " other '' Short Sale programs that the Borrower may qualify for. Compounding the problem is that we have 2 appraisals with a significant difference in value. Due to this oversight, we request that the sale be postponed. We are submitting a new all cash offer for $250000.00 today. We request that this offer be considered for a HAFA short sale or any other alternative short sale. But, we need time to properly prepare the Closing Documents based on whatever program the Borrower qualifies for. Any consideration less than this would not be in good faith due to the discovery of this oversight. Please escalate this to the highest level. Thank you!

Bank of America customer in California
Dec 05, 2016

* Source: CFPB Complaint Database

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

Consumer disputes how Bank of America handled their complaint

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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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