Class Action Lawsuit Against Bank of America

I am morally opposed to class action lawsuits because most people who sign up for them really weren’t harmed and just fill out the paperwork for the prospect of “free money”. Meanwhile the only people who really make money from them are the lawyers involved on both sides.

However, in this case, I have the opportunity to screw Bank of America…so this document did not go straight into the shredder. I’m still deciding whether or not I feel right about filling it out and sending it in.

This is a document for a class action lawsuit against Bank of America.

This is a document for a class action lawsuit against Bank of America.

34 thoughts on “Class Action Lawsuit Against Bank of America

  1. If you were personally effected by what is entailed in the law suit go for it. Bank of America would foreclose on you if you owed them $5 left of a 30 year mortgage, so if they owe you anything you should defiantly collect!

  2. If you have damages, absolutely! I used to work there and this is how I would describe it……unprofessional, unethical and dishonest.

  3. I HAVE 20 LOANS WITH COUNTRYWIDE (BANK OF AMERICA) WHICH WERE ALL MANIPULATED FOR HIGHER APPRAISALS AND HIGHER COMMISSIONS FOR THE BANKERS AND NOW I AM IN A CHAPTER 7 BANKRUPTCY AND AM LOSING EVERYTHING BECAUSE BANK OF AMERICA WOULD NOT WORK WITH ME TO MODIFY MY LOANS, SO I HAD TO FILE FOR BANKRUPTCY. BANK OF AMERICA SHOULD BE HELD RESPONSIBLE FOR THE MILLIONS OF DOLLARS I AM LOSING AND THE YEARS OF STRESS THAT ARE RUINING MY LIFE.

    • The banking institution does not want to help the homeowners, that is obvious by now; And these third party modification companies are hit and miss and get denied by the banks as well. The ONLY proven way to get results is by suing your lender and twisting their arm. You have to fight fire with fire and not be bullied by these institutions. Here’s where to start http://www.LetsSue.com

      • This commenter left 7 comments advertising their website. I am allowing one because I would like to keep this an open forum regarding hatred for Bank of America. However I do not want this to lead to another Home Building & Loan Assn. v. Blaisdell – 290 U.S. 398 (1934).

  4. We were told that we qualified and were in a redemption plan with Bank of America. We were about 3 months behind. But we started sending cashier checks early, each month for 3 months. At the same time the called an unlisted phone number to request a copy of our electric bill. We never got the request and they never sent anything in writing. We had had our mortgage for over 14 yrs at the time. About 60, 000 in equity. They held those checks. One day someone came and said he had bought our house. We were totally blind sided by BoA. Their reason was no copy of our resident electric bill. Now with the review we received $500. There are petitions out demanding a re-review of theses foreclosures. But is all hope lost. Does BoA screw us again? Huge injustice! !!

  5. I too tried to modify my home loan with B of A after a life threatening illness has me out of work for a year and a half. I contacted them as soon as I could get back to work to see what I could do to get caught up. They told me I could modify and my payments would be as low as $500 a month. Three years later after hundreds of phone calls, faxes and emails, sending the same documents over and over, they said they could not help me and They were going to foreclose unless I did a short sale or deed in lieu of foreclosure. They strung me along with all kinds of promises for 3 years. Had i known I would be forced into a short sale I could have done something different in the beginning. I found out later that they never would have modified my loan not because I didnt qualify because I did. I fell under all 5 of the criteria for a mod, but because they said I still had equity in my home. It may have only been a few thousand dollars but they declined me for a modification. I ended up being almost $75k behind. They would do anything. I lost everything I had including my car and was in the middle of BK. I just feel very discriminated against that they could do something. They are truly only interested in making money and lots of it. They had already collected the mortgage insurance before they did the foreclosure so basically they were paid twice. Then they sold my home for $165k. I owed $188k which I would have gladly paid but they would not do anything about the $75k in arrears. They said if I can’t catch up the home or buy it for $260K then I should walk. So they sell it for $165k and I would have had to pay $260K? wheres the smarts in that? They would have made so much more off me. I told them I was willing to pay the $188 and if they cut the $75 in half and lowered my int rate from 7% to what everyone else was getting which was around 3% at the time then I could make it work but the bottom line is they didn’t want ME to have my home any longer. They had all the control. That’s why its discrimination. I’m so hoping to find a class action lawsuit that is going to get B of A punished for what they have done. It’s not like I bought too much house or decided not to pay my mortgage for the heck of it, etc. I had a catastrophic illness and was left destitute because of it. It’s just not right. Does anyone out there know what I can do?

  6. I was2 months behind due to missed time at work illness with no money coming in I called boc after the fir5st month and whithin the first three days of the call they told me my options were to forclose with a short sale so I called senator mendezs office in new jersey and told them what options boc gave me then whithin one day I received a call from the bank after I went seven months of a promise of a modification with all the paperwork I get a call I was denied because I was told I had to be 3 months behind to qualified why was I jerked around for 7 months when they knew from the start that I had to be three months behind so I called the senators office again in new jersey and told them how they gave me the run around for 7 months got a call whithin 24 hours from boc again with a new case workerthis is my 7th case worker whithin one year I let my credit go bad like they wanted me to do to qualify and after another 6 mon ths I just got the modification but the rate should have been a lot lower and they told me they couldn’t do it because of my credit well they were the ones who destroyed my credit to begin with telling me I had to be three months late to qualify someone should go back and listen to all my phone calls to bank of America which are being recorded congress should listed to what the bank tells people if they did they would find boc wrong all they have to do is listen to my case any attonery would deffinatly win whith out a doubt

  7. Bank Of America: I hate as well…..I have paid modification company, two attorneys joined a class action lawsuit which boa had to pay me Now I owe a mortgage I am behind but they are paying me…..7 years into this night mare and still don’t have it straightened out….Something is not right….

  8. This back illegally over draws accounts then tacks on overdraft fees and when you call them they to you s supervisor will call they never do!!! This bank just keeps on screwing over people. How do I find the right lawyer to go into a class action law suit??? This has got to stop.

  9. Those politicians in Washington aren’t affected personally by all this, because they have great paying jobs……this situation with BOA is a major crises, and the current presidential administration is not doing a damn thing to help…..makes you wonder huh? whose BOA got on their side?…our government is falling apart…..

  10. does anyone know of a lawyer I can contact in regards to the problems I have been having with bank of america and my mortgage? A telephone number or any other information ?

  11. Please do. I cannot think of any other entity that deserves a lawsuit more than BOA. Truly the most hated bank in America…even surpasses Wells Fartgo.

  12. Bank of America is screaming for a Class action law suit against them. They od your accounnt, hide transactions that were paid 3 days back. Deposits are credited when they want and then pays the largest amount of the checks first and the smallest later so they can charge an OD.; How can they get away with this is incredible. You think that no institutions supervises them. Yes, supervisors never call you back.

  13. Bank of America took our home after several attempts to get help from them after my husband had a heart attack and a quadruple bi-pass. I would like to join in any class action lawsuit against this bank.

    • Bank of America foreclosed on my home three times after I notified them that I was out of work and recuperating from Open heart lung surgery. I went to a lawyer to stop one foreclosure and they foreclosed two other times. They have promised me modifications which they put through and I also asked them for a reverse mortgage which they will not do. They have raised my payment saying that interest went up. Now that I can no longer work and my husband is also disabled and we have got behind again on payment they are trying to force me into a short sale which I have no intention of doing and told them I would sue them if they try again to take my home. I then called my bankruptcy attorney. I do not have an attorney yet to take the case but I am still working on it.
      I feel everyone who has and is being done wrong by Bank of America and make up a petition for each one to type their name to and someone send it to the Attorney General’s Office. I have had enough of Bank of America’s lies and promises. They kept telling me they were so sorry about my health problems and they would help me any way they could to get a modification. That to me was a cover up to take my home. I am also a senior citizen on a limited income.

  14. BoA forced me into foreclosure does anyone know of a lawyer I can contact in regards to the problems I have been having with bank of america and my mortgage? A telephone number or any other information ? I feel nothing can be done to this to big to fail BoA. my wife is dying of cancer been fighting since 2008,needing some good news…

    • you can File complaint with Office of currency of the Controller which I did. I am doing everything I can to find a way to sue them and save my home. As I stated I am a senior Citizen on a small income and can not afford to sell and move elsewhere. Bank of America needs to be stopped at what they are doing to people. I sent them a payment which they told me to send them and they sent it back to me twice.

  15. Bank of America continues with the very same practices that got them sued prior to the March 2012 settlement. Per the settlement, ” must provide easily accessible and reliable single point of contact for first mortgage borrowers” Seven months and seven different customer relationship managers, lost documents numerous times, claims of not receiving documents (sent certified/return receipt), etc. After all this time , effort, energy, etc. they sold my loan ! No phone call from my customer relationship manager. Clearly they are not abiding by this stipulation in the settlement.
    As lawyers say, they are papering up the file. No intent to modify your loan. I have kept a detailed record of my phone calls, faxes, Fed Ex document sent, etc. Seven pages that details everything by date and time from the date I sent in my Home Loan Modification Application till today. I have sent letters (with my contact log) to my Attorney General and the Office of Mortgage Settlement Oversight. New York and Florida Attorney Generals have filed a post settlement lawsuit.

    Mine was a simple request.Convert my 15 year mortgage to a 30 year. I have large equity in the property and recent loan to value was 47.0 %. Simple. Not for B of A.
    I am 30 days behind on my mortgage payment. Seven months to make a decision whether to modify my loan ? Criminal as there is intent on the part of B of A.

    Write your Attorney General, your congressman, Office of Mortgage Settlement Oversight and anybody else who can bring this fraudulent behavior to light.

    • I called bank of America after they sent me papers for modification to see how they were progressing with the modifications and they told me that they never received papers. At that time I informed them I was holding a letter in my hand as we talked claiming they had received all the papers they needed and that they had started on my modification. She conveniently found them in front of her. They have done this. I also have documentation of Conversations I had with Bank of America employees. I wrote down the time I talked with them name of person to whom I spoke with and as much of conversation that I could take down. I also have copy of Fax from Bank of America telling me to send them a check which they sent back that that faxed to me and a representative of Bank of America to a Bank of America office. I have got to the point that I don’t care if they get a payment from me or not. They have told me numerous times to send them what I can as they have to accept it. I think that everyone that is having problems with them should do the same. They are not going to do a modification or reverse mortgage as they promise you, as they rather take the home from you and resale it as they are trying to convince me I should do. No way I am selling out if I have to send them $5.00 a month. I am a fighter and I will continue to fight them until I have won my victory of having my home and them out of Business if possible. All I can say to all of you out there with the same problem don’t give up keep fighting them with every fiber you have in you.

  16. I have tried for about four years or more to have my mortgage modification with no avail and for all the well known reasons the banks are using to deceive the applicants. I would like to join the suit just because it will damage B. o A. regardless of the financial awards. The financial system is corrupt to the core and damaging people world wide enough is enough.

  17. I would like to know how to get in this lawsuit. THey did the same damn thing to me, and if I hadn’t went to Quicken Loans, then I would have lost everything. Here is what pisses me off. I too am in the underwater situation, and I would appreciate it very much if anybody knows where to lead me to the traugh, because BOA, is a bunch of crooks along with the Countrywide, which I was part of also. Please help me with this info, I deeply appreciate it.

  18. I have been waiting for a mod for the last 3 yrs. I wasn’t even late on a payment but asked for a loan mod through BOA, after they bought out Countrywide. Lost my job in 2007 and hadn’t worked for 2 yrs. BOA said no problem, sent me papers to sign and gave me a lower payment to pay. I payed this lower payment for a year and finally I saw they were reporting me as late pay for the entire year on credit report. I called and asked why and got the answer you only have been paying a partial. l payment and you now owe 12,000.00 in rears or we foreclose. That day I hired a lawyer and my load mod is still not approved. I have lived in my house for 23 yrs. and never had a problem with any mortgage payment until BOA came along. I think it’s criminal what they done and should make it right to everyone they lied to and tried to and did take their homes. If a law suite is started I want to be it it.

  19. This is my last letter to Bank of America.

    I understand that it is convenient for Bank of America to skip over the human element and refer to the facts of my account history in order to attempt to justify Bank of America’s actions. Bank of America attempts to identify with that same emotional aspect of their customers by stating, “We know this is a difficult time, and we’re here to help.” This exact quote is used in numerous pieces of Bank of America correspondence, brochures and webpages. If you would like copies to refresh your recollection of its’ use, I will be happy to provide them for you.

    Clearly, Bank of America has no idea how difficult my time was when my house burned down taking with it a cherished family member. Clearly, Bank of America is not interested in the number of nights that I lay awake or cried myself to sleep wondering if I was going to have a place to live after the rebuild of the house and after I endorsed and mailed Bank of America a $152,091.11 insurance check. Why did Bank of America continue to request financial information and documentation from me if, due to the house fire, they were not considering offering me a home loan modification? Bank of America even sent a company, Titanium Solutions, to my location in order to meet with me to collect documents to help Bank of America review my loan during this time frame. What is the reasoning behind not granting a home loan modification due to the house not being occupied because of fire? Most people are not occupying homes they want to purchase and yet they are offered home loans.

    Through no fault of mine, my home burns down; I am destitute without a change of clothes. I’ve lost everything I own to the fire, yet I endorse and mail Bank of America insurance check after insurance check, help to manage the rebuild of the house and Bank of America refuses to consider a home loan modification for me. Would Bank of America consider that being there to “help during a difficult time?” Did Bank of America take it into consideration when I was paying the INCREASED payment on the 2012 loan recast, how I was able to afford those increased payments was because I was paying with all my insurance money that was suppose to be for furniture, clothing, family heirlooms to be replaced due to the fire? That is why when the insurance money ran out I was forced to default on the loan. I understand why Bank of America would not want to address these issues. Because Bank of America would have to justify ignoring and turning a blind eye and their backs on a customer in crisis that really needed a tiny bit of compassion and maybe a small reconsideration for an affordable home loan modification.

    Would Bank of America be interested to know that due to me sending Bank of America a large part of my insurance money that was meant to be spent on replacing furniture, clothing, family heirlooms, personal items that I no longer have the money to replace these items? Would Bank of America care that everything I have was donated or given to me by people and organizations that actually are there for people during difficult times. I did not get to replace my beautiful living room set or my comfortable bed. I took what I was given in order to stay in my home in the ghetto.

    I tried to do the right thing when everyone told me to take the money and run. When I look back at all the heartbreak, emotional pain and suffering I have endured largely due to Bank of America’s actions, I wish I would have taken the money and ran.

    I will NEVER consider Bank of America again for any financial services I need in the future. I am going to look for a refinance now for my $100,000 home and place a clause in the conditions that says, “Bank of America, in any capacity, is NEVER allowed to purchase this loan.” It is unforgivable they way Bank of America kicked me when I was down.

    And you might want to reconsider talking to me about submitting current financial information and documentation because I am somewhat organized and I have individual folders for each and every submission of documentation and information to Bank of America, which I will be happy to provide to you as proof that current and complete information and documentation was submitted each and every time Bank of America requested it. I also have copies of everything I submitted at each and every “Homeowner’s Event” Bank of America put on in the Sacramento area. I spent entire days at each of these events trying to work with Bank of America toward an amicable solution.

    Your letter states, “Depending on the delinquency of an account at the time of the modification, monthly payments may increase. Additionally, the principal balance of a loan may increase as the delinquent principal, interest, fees, and escrow balance are added to the principal balance in order to bring the account current.” My account would not have been delinquent if Bank of America would have given me a home loan modification when I originally asked for one, when I became disabled and lost my job! But because Bank of America put it off for two years, the account was two years delinquent. No surprise there. How about helping a customer who has just become disabled and lost her job? Instead, Bank of America increased the stress and emotional suffering by ignoring all my submissions for help and sending out increasingly aggressive notices about my loan default and imminant foreclosure.

    One of the problems here is that Bank of America can only see Bank of America’s side of things. And, realistically, that is all Bank of America cares about. That is why there are so many unhappy and dissatisfied Bank of America customers currently.

  20. Please help me find a class action lawsuit to join I’m weeks away from loosing my home. I’m disabled at 40 years old and can never go back to work again. I’ve tried working with bofa for the last 2 to 3 years and can get nowhere. Please help I’m desperate.

    • LITIGATION AGAINST YOUR LENDER

      The Berger Law Group, P. A

      4100 W. Kennedy Blvd., Suite 300, Tampa, FL, 33609

      http://www.TheBergerLawGroup.com

      ian.berger.@thebergerlawgroup.com

      ADVERTISING MATERIAL

      To Call For Assistance: 866-781-0725 ask for Corey Lassiter

      Monday – Friday, 9am – 8pm EST

      Saturday, 10am – 5pm EST

      1 Why are you getting this notice?

      If you have already retained a lawyer for this matter, please disregard this letter. Is your principle loan balance more than what your home is worth? Have you exhausted your requests for help from your lender in getting your loan modified?

      Our office is in the process of filing a Complex Tort Action (lawsuit) against lenders on behalf of homeowners throughout the country for potentially fraudulent lender/servicer actions. We are not in the business of seeking loan modifications as statistics have shown that loan modifications are not a long term solution to homeowners’ problems.

      The goal of this litigation is to reduce the interest rate, monthly payment, and

      principal balance for qualified borrowers through litigation. Additionally, we will seek monetary compensation for damages.

      If you are experiencing foreclosure or sale date problems, our team can help guide you in the proper direction.

      To determine whether your loan or mortgage matches the criteria being considered for a potential lawsuit, please contact this office to learn more, CALL 1-866-781-0725 and ask for Corey Lassiter

      The Berger Law Group, P.A., is a collective of attorneys investigating the methods and practices used by banks, originators, servicers and other participants to induce borrowers into financing or refinancing high cost or high interest rate mortgages.

      Factors that we consider and investigate to determine your eligibility as it relates to Alleged Deceptive Practices and Investigation of AllegedMisrepresentation:

      (i) The Defendants’ deception in inducing Plaintiffs to enter into loans and mortgages from approximately 2001 through 2010 and which were acquired or are serviced by Defendants;

      (ii) The illegal use of MERS (The Mortgage Electronic Registration System) in connection with those loans and mortgages, and Mortgage Note Origination;

      (iii) The Defendants’ failure to perform their obligations required pursuant to accepting modification TARP funds;

      (iv) The Defendant’s breach of Plaintiffs’ statutorily protected rights;

      (v) The Defendants’ breach and willful violation of numerous consumer and homeowner

      protection statutes, and the willful violations of unfair business practices statutes;

      (vi) Accepting money, transferring alleged assets, and foreclosing upon alleged assets in instances where the alleged assets do not exist, and which these Defendants have no right, title, or interest upon which they can act, Patriot Act Violations/Unlawful Funding of Note;

      (vii) Defendant’s continuing tortuous conduct.

      Please be advised: Statutes of limitations have begun to toll, and this is a factor which may bar your claims in the

      future.

      We are not sponsored by or affiliated with your current lender. Before making your choice of attorney, you should give this matter careful thought. The selection of an attorney is an important decision. Pre-selection criteria and audit of home loan consists of loan amount, loan to value percentages, date of loan, and residential jurisdiction. Eligibility status for representation is based on numerous criteria. Results will vary on a case by case basis. We do not guarantee a successful outcome. The Berger Law Group can help you determine whether the available legal alternatives are appropriate for your personal circumstances. This advertisement does not constitute legal advice. Our team of lawyers coordinated by The Berger Law Group, P.A., have substantial experience in lender fraud and related claims.

  21. The mere thought of what Countrywide & Bank of America have done to me knots my stomach, and reading some of these comments from others well … it’s REALLY not hard to see why some people just snap one day and do crazy things. Not hard at all. As for me, if I didn’t work full time and have a family to take care of I’m so royally ticked off at BoA for what they’ve done to me that I dream of setting up a lawn chair on the sidewalk in front of my local branch with a huge sign reading “BEND OVER AMERICA” and telling my story to each and every person that happened by and would spare me 5 mins.

  22. I seperated from my husband in 2011 and moved out of our home. the mortgage was solely in my name but I could not afford the note so he agreed to pay it. after a few months he stops paying the mortgage. I had lost my job and called Bank of America to see what my options were. at first I was told there was nothing they would do because I had no job, so the note went delinquent. I called over and over to try and get assistance. I I was told that I qualified for modification, filled out all the paperwork and supplied all the documents and then was told that I did not qualify. I was told someone will contact me for further options. No one ever called. so the process began again. I called, I was told I qualified for modification. I told them that I didn’t, they said i had bad information and that I needed to apply again. long story short I didn’t qualify. After months of calls with no response I got in contact with the presidential team. I worked closely with a representative that was going to do a deed in lieu. that didn’t work either. So we finally agreed they would start the foreclosure process. the paperwork was filed in the beginning of 2013. I’ve got the runaround ever sInce. still no date on foreclosure even though every time I talk to her I’m told it will be just a few more weeks. the stress is going to kill me and meanwhile my ex husband lives for free in my house. he won’t leave and the expense to have him removed is too great. anyone have any suggestions? Thanks

  23. I REALLY AM NOT IMPRESSED WITH Barak Obama.
    He gave tax payers money to these banks and the banks gave out million dollar bonuses but are screwing homeowners who are trying to save their home. He knew the banks would give home owners are hard time once they received the money.

  24. Same story here. I’ve been trying to get a loan mod for over two years, I’ve been approved and they keep saying I don’t have all the documents they need.I just received a foreclosure sale date today in the mail. I’m totally feed up with boa…I’m constantly wondering where my kids and I will end up..

  25. I have hated B of A for over 10 years now. My refinance was denied for 5 years and cancelled via letter at Christmas. I paid 10 years of Flood Insurance and am not in a flood zone. They have imposed additional escrow, insurance premiums, denied removal of PMI,, etc. You name it, I experienced it. I begin all of my customer service calls with, “I hate Bank of America, please send me to a supervisor or escalations”.

    This is by far, the worst institution I have ever done business with. As a function of so many of these lawsuits and settlements, I wish the government offered a credit for current customers wishing to change servicers. I am sorry for those that lost their properties and wish you peace of mind in the new year.

  26. BOA has lost several of our documents, told us if we work with NACA that can not assist us with a modification and denied our request for modification and send us foreclosure documentation. Please HELP!

  27. Why can Bank of America ruin a credit score when everything was done to save my home. I retired and requested to lower my house payment. For over 10 months. I took all the actions requested of me to lower the payment. Bank of America refused to lower the payment and foreclosed on my house. I never missed a payment on my house. Upon the advice of a lawyer I moved–BIG MISTAKE! Bank of America sold my house for 100,000,000 dollars less than what I owed on it. This company is ruthless and has the nerve to ask our government for bailouts.

Leave a Reply

Your email address will not be published. Required fields are marked *


6 + three =

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>