• Report: #608207

Complaint Review: BANK OF AMERICA N.A.

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  • Submitted: Fri, May 28, 2010
  • Updated: Fri, March 18, 2011

  • Reported By: Rob — Crosby Texas U.S.A.
BANK OF AMERICA N.A.
100 North Tryon Street Charlotte, North Carolina United States of America
  • Phone: 1-800-862-1111
  • Web:
  • Category: Loans

BANK OF AMERICA N.A. Bank of America = BoA Mortgage Fraud Charlotte, North Carolina

*Consumer Comment: COFFEE POEM

*Consumer Comment: Oink oink oink oink feasting at the public trough Welfare Queen Brian T. Moynihan

*Consumer Comment: *Rob, If you 'Google' this- ORIGINAL DISSENT WHO CONTROLS THE U.S. ECONOMY?, you can go to that site and see all of the people who are pictured....

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Be warned about Bank of America Mortgage Practices!! Bank of America has committed mortgage fraud in our home loan contract by changing the status of our loan type and structure of the loan, by adding PMI, "AFTER" the closing, and without notification that they were changing our loan within their system!! And they most certainly have done this to hundreds, if not thousands of others throughout 2008 & 2009.

If you do not pay PMI to Bank of America, then you need to conduct a thorough examination of your loan documents and run the figures through an amorization calculator. There are actually 3 different ways that they could have calculated your loan. I suggest running all 3. We found out the hard way that our loan type was changed when we tried to refinance our current loan with another bank! We had already payed for the appraisal ($350.00 dollars) and the new bank was pulling the payofff amount and found that within the BoA system, the type of loan we had was actually different than what was on our loan documents.

When I contacted Bank of America about this they stated that they had payed for the PMI issucance "AFTER" our closing. The PMI department at Bank of America then stated to me that PMI costs were added into our APR and that is why the percentage rate is higher. I then ran the figures and sure enough the difference in the interest rate over the life of the loan came to within a few dollars of the amount that BoA had supposedly payed for, but had actually charged to us in the annual percentage rate!!

I have made complaints to the regulatory agencty that governs National Banks, the "Comptroller of the Currency Administrator of National Banks or OCC", they sent the complaint to the bank, the bank responded and apparently directed them not to discuss or release any ionformation to me about this issue. I have also filed a complaint about this with the Texas attorny Generals Office. If you suspect that you are a victim of this fraud as well, you can file complaints on-line as well. Please do so so this can be stopped before anyone else if ripped off by Bank of America!!


This report was posted on Ripoff Report on 05/28/2010 09:48 AM and is a permanent record located here: http://www.ripoffreport.com/r/BANK-OF-AMERICA-NA/Charlotte-North-Carolina-28255/BANK-OF-AMERICA-NA-Bank-of-America-BoA-Mortgage-Fraud-Charlotte-North-Carolina-608207. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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#1 Consumer Comment

COFFEE POEM

AUTHOR: Karl - (USA)

COFFEE POEM

Coffee is up over two percent
Light crude's down and so is brent
Wheat is up and so is corn
All is true on Friday morn
This poem's over gonna pet my dogs
Cocoa's up- so are lean hogs.

End.

Anyone can 'Google' this- CNNMONEY, and go to that site and click on- 'Oil', and see that coffee, wheat, corn, cocoa, and lean hogs, are all up in price as of 10:00 AM ET on Friday, March 18, 2011.

Thank You

"Knowledge is power."

POWER TO THE PEOPLE

 
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#2 Consumer Comment

Oink oink oink oink feasting at the public trough Welfare Queen Brian T. Moynihan

AUTHOR: Carmen - (USA)

Oink oink oink oink feasting at the public trough Welfare Queen Brian T. Moynihan.

 

All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.  The truth about this Hell of a recession is that it corporate executives bad decisions and fraudulent behavior that created and maintains this Hell of a Recession.

 

Beware Of Fraudulent Foreclosure Notices - (((Redacted)))

 

Oink oink Welfare Queen Bank of Americas highest-paid executive, queen, welfare queen in 2009 was NOT its retiring oink oink feasting at the public trough Welfare Queen CEO Ken Lewis, but Fellow Avarice Mogul Welfare Queen Thomas Montag, president of global banking and markets, who received nearly $30 million.  Why?  Thats $30 million taken from you, your family, and your community.

The bulk of oink oink feasting at the public trough Welfare Queen Thomas Montags 2009 compensation came from a sign-on stock AWARD this little piggy received when he was first hired by Welfare Queen Merrill Lynch, a month before it was purchased by Welfare Queen Bank of America.  Why?  A month before.  A month before sign-on bonus.

Meanwhile, oink oink oink oink feasting at the public trough Welfare Queen Ken Lewis, who retired from oink oink feasting at the public trough Welfare Queen Bank of America on Dec. 31, 2009, collected some $83 million in retirement.  Thats some retirement.  Now thats an Avarice Mogul.  Why? 

How many executives, queens does B of A have in total? Thats right.  A lot.  You'd say your home foreclosures are funding these corporate executives, queens quite handsomely.  Why?

 

The truth about this Hell of a Recession is that the lenders CAUSED it. Then it was all about Insider Mortgage Fraud.  Got that?  The truth about this recession is that the American lenders CAUSED it.  Then it was all about Insider Mortgage Fraud.  Got that?

 

The truth about this Hell of a Recession is that the lenders are KEEPING it going. Now, it is all about Insider Foreclosure Fraud.  Got that?  The truth about this Hell of a Recession is that the American lenders are KEEPING it going.  Now, it was all about Insider Foreclosure Fraud.  Got that?

 

Youre So Happy About All This Fraud You Cant Stop Crying.

 

A Mortgage Loan Officer died. She met St. Peter at the Pearly Gates where she presented herself for admittance to Heaven.

 

Peter said, Well, you did a lot of good helping people get homes and access their equity and you also donated a lot to charity. You even worked with Habitat for Humanity. But you told too many little lies to the underwriters and were very rude and unkind to your processor, office staff, appraisers, and clients, and you skimmed over way too much.

 

So, weve decided to give you tours of both Heaven and Hell and let you decide where you feel most comfortable.

 

In Heaven, the Mortgage Loan Officer really liked the streets paved with gold and the big mansions, but she found all the harp music to be a bit irksome.

 

When the Mortgage Loan Officer toured Hell, she saw that everyone had their choice of playing tennis or golf, chilling by the pool smoking and drinking, or playing cards and dancing in the clubhouse. She said to St. Peter This is a hard choice! Can I sleep on it?

 

When they asked the Mortgage Loan Officer the next month, she begged, Oh please send me to Hell! When they opened up the doors of Hell to the Mortgage Loan Officer, it had completely changed! It was torture, fire and brimstone. It was so hot and horrible with people burning and screaming!

 

Hey this is not what you showed me last month!! the now panicked and very frightened the Mortgage Loan Officer accused, tears and sweat pouring down her face.

 

St. Peter replied: I know. Pity you didnt read the small print we mailed you last month. I have NEVER put anyone into Hell that was not fully explained to them during the Hell process. Then, the Hell disclosures are sent out on each and every Hell application that details the Hell they are applying for and how it works. When it is time to close and sign their Hell documents they go to the title company where the escrow officer, ONCE AGAIN, fully explains each and every page of the Hell package in great detail. During this 30 day (or so) process I have, and always will be, reachable by cell phone or office phone, and make myself FULLY AVAILABLE to answer any and all questions that clients have.

 

All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.  The truth about this recession is that it corporate executives bad decisions and fraudulent behavior that created and maintains this Hell of a Recession.

 

Pity You Didn't Read The Small Print -

http://www.broowaha.com/articles/5170/pity-you-didnt-read-the-small-print

 

Taken as Your Push Back from the page of Loan Officer Training 101.

 

Why is it always the Republicans and Corporations who are always running to weeping profusely to government, we the people, for a welfare bail-out, hand-out, protection, subsidy, etc!?  Thats what bankruptcy is for!

 

Among OTHER why taxpayer funded assistance, oink oink feasting at the public trough Bank of America Corp., Americas largest bank, welfare queen, received $45 billion in federal funds from the Troubled Asset Relief Program (TARP), PLUS a U.S. government guarantee to limit losses on $118 billion of troubled assets, including those acquired by Bank of Americas purchase of Merrill Lynch.

 

LESS than one year after receiving TARP funds, Bank of America was lobbying against new regulations on derivatives trading, including meeting with Rep. Barney Frank (D-Mass.), who chairs the U.S. House Financial Services Committee.

 

Along with Insider Mortgage Fraud, a type of derivative, an instrument, known as credit default swaps fueled then ignited the financial melt-down by creating inevitably large losses as it was only consuming itself and linking the health of financial institutions to each other which amplified the horrific collapse when it inevitable happened.

 

Overall, Welfare Queen Bank of America turns out is a terrorist also. 

 

Welfare Queen and Terrorist Bank of America spent $3,680,000 lobbying in 2009. Terrorist Bank of America lobbied U.S. federal officials and lawmakers on financial issues that include the creation of a consumer protection agency for financial products, over-the-counter derivatives and credit default swaps, TARP oversight and executive compensation.

 

According to Bank of America lying hypocrite oink oink Welfare Queen representative James Mahoney, Bank of America AGREES with the policy direction of a Consumer Financial Protection Agency (CFPA) and is NOT lobbying for or against the agency.

 

Welfare Queen and Terrorist Extraordinaire Bank of America is lying here.  Again.

 

The Welfare Queen and terrorist bankers association, where Welfare Queen and Extraordinaire Bank of America has its extravagant lavish lush vast elegant beautiful immense magnificent headquarters, takes a different view of oink oink James Mahoneys public lie.  They ARE openly lobbying AGAINST Consumer Financial Protection Agency.  FOR themselves and ON behalf of oink oink Welfare Queen terrorist Bank of America.  WITH lying hypocritical Welfare Queen and Extraordinaire Bank of Americas MAJOR financial support.

 

What are the foxes doing in charge of your hen house anyway?

 

Why are terrorists in charge of your financial system?

 

Terror is a state of intense fear, one or something that inspires fear, a frightening aspect terrors of invasion, a cause of anxiety, worry, an appalling person or thing. That's all very clear and straight forward to you.

 

Terror is EXACTLY how you and your family and feel from these home lenders and mortgage investors.  Got that Avarice Moguls Bank of America and Brian T. Moynihan?  My community, my family and I, hell most everyone I know these days, are more afraid, way more afraid of YOU AND YOUR CANT PROPERLY POST A PAYMENT than we ever were or remain over the 9-11 terrorists.

 

Our industry group is beyond adamantly opposed to the CFPA. Wed use whatever word is stronger than adamant, smugly bragged terrorist Thad Woodard, president of the North Carolina Bankers Association whose members proudly include their Welfare Queen hands in your pockets Terrorists Extraordinaire Bank of America and Brian T. Moynihan.

 

And THAT is just more sick, sad, disgusting, anti-American, anti-patriot behavior frightening as hell to us home borrowers.  It is a terror.

 

Terror is a state of intense fear, one or something that inspires fear, a frightening aspect terrors of invasion, a cause of anxiety, worry, an appalling person or thing. That's all very clear and straightforward to you and me in my continuing nightmare of terror with Terrorists Extraordinaire Bank of America and Impac Mortgage.

 

Terror is EXACTLY how you and your family and feel from these home lenders and mortgage investors.  Got that Avarice Moguls Bank of America and Brian T. Moynihan AND IMPAC MORTGAGE AND STEVE CURRY?  YOUR community, YOUR family and hell most everyone YOU know these days, are more afraid, way more afraid of THESE TERRORISTS GUYS AND GALS AND THEIR CANT PROPERLY POST A PAYMENT THEN ILLEGALLY FORECLOSE ON YOUR HOMES than YOU ever were or remain over the 9-11 terrorists.

 

Trust Me, I'm A Corporate Executive

(((Redacted)))

 

NOT happening on yours or my watch!!  You and I are not ditto-heads.  Lenders and mortgage investors, expect Americans to fact check you.  And for you to immediately correct your errors.


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#3 Consumer Comment

*Rob, If you 'Google' this- ORIGINAL DISSENT WHO CONTROLS THE U.S. ECONOMY?, you can go to that site and see all of the people who are pictured....

AUTHOR: Karl - (USA)

there, correct?

Maybe you should send all of those people a copy of your Ripoff Report. Since they're controlling the U.S. economy, it might be a good idea to let them know what's happening in our economy, right?

Thank You

*****************************MORTGAGE ALERT******************************

*Make sure to go to the MERRILL LYNCH page of this site and read all of St. Clair's Ripoff Reports. 
St. Clair also stated that changes were made in their mortgage too! (Bank of America now owns Merrill Lynch & Countrywide.)

"Only a pawn in their game." - Dylan




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