This is NOT Bank of America. I spoke with Bank of America and their security department is now opening an investigation into these SCAMMERS. Report them to [email protected]
Dude and AC,
Those are some very good tips. I should never have been allowed to get a mortgage from anyone, but, thankfully, Countrywide and their subprime mortgage plan came along. Between my low-paying, temporary job and my high credit score, they saw me coming from a mile away and jumped on me like a cheap suit in 2005. Then the real estate crash came, Bank of America took things over and it all turned into a big joke. Buying my own piece of real estate was supposed to be a good thing and I was very proud at the time, but it has turned out to be the single biggest mistake I've made in my life.
I've talked to real estate attorneys, foreclosure and bankruptcy attorneys and they all said the same thing. That is-----the bank does not want any more homes and would prefer any other option. They are also terrible at resolving these re-payment issues due to their incompetence. But the banks all have worthless departments dedicated to trying even after foreclosure notices. These attorneys know many BofA customers who have been living in their houses and especially condos for many years (6 years is the longest I've heard) and the bank sends one letter after the next. If you don't reply or pay, they have no idea that you still live there.
While this situation can't go on forever, it can go on long enough for people to secure other housing off the grid, and hopefully get a better job. Do yourself a favor, watch the movie "The Fifth Estate". It's about the man who founded WikiLeaks because he thought it was important that the public know the truth that everyone around the world was hiding from us. Pay close attention to the part where WikiLeaks took down a Billion-dollar bank, Julias Baer, a Swiss bank that cheated US customers out of billions of tax revenues.
That's one of the many reasons we can keep a roof over our heads without paying for it. Good luck!
Bank of America, Debt collector. That's a joke. The only debt collector I recognize is the IRS. And I take them seriously.
Big Banks are still as crooked as they became 10 years ago when sub-prime mortgages become the norm. Put your savings in a small credit union and start writing checks again for your bills. And no matter how young or old you are, don't buy real estate. It's not the investment that it was when my parents and grandparents purchase their homes.
They've called my cell # twice in the past week but they only let it ring one time and then hang up. I am sure it is in regards to a loan modification request which they declined. I have an interest rate over 6% and current rates are as low as 4% but they can't be bothered to work with me to reduce my payment when my income has gone down. I owe $417K and they say the house is worth $485K and suggest I short sell it. WTF? Why would I want to sell a home for which I've been paying an outrageous mortgage on for 10 years - never late, not behind on. And why would they want me to sell it for less than the loan amount? Don't they want to pay the 10 staff members who've been chasing me for the past 2 months to email, fax, FedX, upload, reply to this or that so they could take a day to review and reject me. Thanks BofA!
i attempted and was approved for a loan modification with Bank Of [***], they modified it to 500.00 more a month and interest rate of 6% didn't decrease. I say the next time these morons have a banking crisis we let them go out of business. Sadly though they will take America down with them, everyone should get your money out of the banks and start stuffing mattresses cause when they go down your money goes with them
It was legit. They are rude and unprofessional but it's a legit extension since it is a designated b of a number. They call to check on the status of the homeowner to see if there is any changes.