Bank of America Complaint - Bank of America= dishonest
If Bank of America tells you that they are going to give you a mortgage modification or reduce your payment BEWARE. B of A does this to collect as much money as they can before telling you that they are not going to give you the modification.
They will actually send you an unsigned un-executed contract with the new payment amount. I received mine in December 2009, signed, notarized and returned in December 2009. I have asked repeatedly for an executed mortgage modification agreement. They tell me repeatedly that it is under review. For 10 months??
B of A told me today September 6, 2010 that my modification request was mot accepted. December 2009 Bank of America gave me every reason to believe that I was going to receive a mortgage modification.
BofA sent me a Modified Agreement in December of 2009, the agreement included the new payment amount, number of payments, and the new interest rate but when I asked them they said that they had not executed the new agreement even though they wrote it and sent it to me.
DON'T EVER TRUST Bank of AMERICA
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