Bank of America Mortgage Complaint

FHA mortgage Credit decision / Underwriting

Bank of America Mortgage department,

FHA mortgage Credit decision / Underwriting Minnesota

COMPLAINT AGAINST BANK OF AMERICA AND - We had difficulty paying our home mortgage and sold the house on short sale 2013. The mortgage was with Bank of America. Bank of America approved the short sale and accepted the proceed for full satisfaction of the - ( first and second ) mortgages on the property. We have all the documents to that effect. The second mortgage is entered in my credit report as a debt that I am owing. It is showing in - - and - that the debt was transferred to another lender. In the same report it is stated that the debt is legally paid in full. - - entered it as a delinquent mortgage. It appears Bank of America sold the mortgage after accepting the proceed from the short sale as full settlement. Bank of America and - - are in collusion in these transactions. These - derogatory entries in our credit report are adversely affecting our credit rating seriously. As a result we are having great difficulty getting a mortgage to buy a home. This is causing us serious pain and distress..

Bank of America customer in Minnesota
Dec 15, 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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