[quote="DIE_BofA_DIE"]Call the Office of the Comptroller of the Currency and howl bloody blue murder. The mod thing is designed to fail. Everyone knows it. Get OCC on the line and let them know how you are being abused.

Rip their faces off.



Ok fine, uh-huh, and the office of the OCC is going to go "Yawwwnnnnnn...." and remind you that these things take a lot of time, especially for the country's largest lender who is basically inundated....and will tell you that they are aware that BofA has now dedicated 20,000 associates to the mortgage accounts.

Do yourself a favor and call 1-800-432-1000 and ask for referral or email address or phone number for the office of Barbara DeSoer---that will get you farther than you ever imagined.

did you get a boa modification because they said you didn't qualify for a HAMP? there's only 4 requirements. you have to live in the home. you have to owe less than 700 thousand and something, your mortage must be from before 2009 and your mortgage, including taxes and insurance, must be over 31 or 33%. i never remember which one. my pay was reduced so much that my mortgage was almost 50% of my income. do the math and see if you qualify. if it's a boa modification, i can't help you and i'm sorry you have to deal with this. by the way, the HAMP rate is 2.65%. good luck.

awww! bossman's story sounds nice, but it's a story none the less. here's another story:

Bank of America Mortgage Modifications Vs. HAMP Modifications

Yesterday, December 04, 2010, 7:27:30 PM | John Watts & M. Stan Herring
Our friend Denise Richardson of givemebackmycredit.com has posted an article about one homeowner’s successful fight against the system to get a mortgage modification that will benefit her for many years to come.

Maria of Lexington, Kentucky says that she finally obtained a mortgage modification under the government’s Home Affordable Modification Program (HAMP) plan after battling for over a year with Bank of America. Her HAMP modification starts with 2% interest and tops out at 4.75% during years 8 to 32. The payment plan is for a long time period, but the modification has lessened the payment to an amount that is affordable on her income.

She was almost “duped” into signing a modification contract with Bank of America that would lower her interest rate from 6.75% to 4.75%. This sounds like a good thing, but when you add on fees and the escrow in the principal, her actual monthly payment only decreased $1 from the original amount, which is basically useless.

It took Maria 18 months to actually get the B of A contract physically in her hands and the instructions were for her to sign and return it within 11 days with a check for the December 1st payment.

I had already made November’s trial modification payment, was this to be December 1st payment? They didn’t indicate how it was to be credited, plus November’s payment had not been credited to the contract balance.Panic.. 10 days to read all the new terms and legalize. After reviewing, as best as I could, I had four basic questions I needed answers to. Oh no, not the Alice and Wonderland phone torture test again! Got to. Three and a half hours later, transferred from one department to another, disconnections, out-right misinformation, and threats of foreclosure if I did not sign and return by November 23 deadline. I had the answer to my first question, I think? For the next 5 days, I would have anywhere from 4 or 5 messages from B of A asking if I had signed and mailed their modification. What’s going on?

Maria had signed up for Lexington’s Community Ventures, a nonprofit, Making Home Affordable assistance program, and faxed the B of A documents to her case worker. The case worker responded a few days before the deadline stating that B o A’s modification “didn’t look like” HAMP. 48 hours before the deadline, another B of A package showed up only this time it clearly showed that it was legitimately a HAMP modification.

“With all kinds of RED flags waving and fast, fast pressure, I guess I should have realized sooner that this was some kind of scam, but still, Bank of America?I believe that Bank of America has completely and utterly spat on Obama’s Making Home Affordable program with total disregard for the spirit (if not the legal) design to help home owners in distress. Next time they need a taxpayer bailout….let them suffer the consequences of their own greedy business decisions.”

http://foreclosureblues.wordpress.com/2010/12/05/bank-of-america-mortgage-modifications-vs-hamp-modifications/

and this http://stopforeclosurefraud.com/2010/11/29/wa-state-class-action-hamp-modifications-soper-v-bank-of-america/ is a nice little read about a class action law suit against bank of america for:

COUNT I:
BREACH OF CONTRACT / BREACH OF DUTY OF GOOD FAITH
AND FAIR DEALING

COUNT II:
PROMISSORY ESTOPPEL, IN THE ALTERNATIVE

COUNT III:
VIOLATION OF CONSUMER PROTECTION ACT,
RCW 19.86.010 ET SEQ

Complained to the Office of the Comptroller of the Currency, Bank of America lied to them and they accepted the answer.

I have been waiting for nearly a year and a half to GET the loan modification! They keep changing the rules. According to HAMP guidelines, I am fully qualified, but BofAhole has its own internal rules they change on a regular basis. I could not get a person on the phone. They did not communicate with me at all. I am one of those people who was with Countrywide, but got swallowed up by this banking monster. I am continuing to pay my mortgage, but it is tighter and tighter every month, and the credit cards at the end of the month are the only way I can make it through (one of which is now BofAhole too, because they swallowed up MBNA).
I finally got fed up, and sent a complaint to my states' attorney general. Funny, about a week later, I got a call from BofAhole "vice president of customer relations" (yeah right). "We are working on your account, and are sorry you are having so much trouble. We are behind in our processing, so it is taking time to get through....bla...bla...bla...". "We are assigning (specific person) to your account, and he will be in touch within a week."
4 weeks later, he calls, I am not home, so he leaves a message that I should call him back to get the status on my loan. Once again, I can get no response, even though his voice mail says "I will return your call within 24 hours". I STILL do not know the status of my account.
Your experience is helpful (sorry you are going through it), so I can try to make sure I do not get that treatment IF and WHEN I get approved.
My father, 30 years ago said "NEVER bank with bank of america...never get your mortgage through them...they will screw you". Unfortunately, I got them not by choice, but through buy-out.
They are so big, I don't think there is anything we can do, short of a class-action suit, but who has that kind of money?!

I got a modification 8 months ago. We were in court with BOA attorney, and BAC home loan servicing. They signed off on everything for the modification. I have made my payments for 8 months, and they still have us in foreclosure, and when I call in, there is no modifcation in place. Yet, I have court documents where they agreed, settled and accepted us into this modifcation. When I call in, they have placed our money into a holding account? Nothing is being applied. My year end statement was sent in January for taxe purposes. I filed my taxes, used my mortgage statement ( interest). Now, I recieved another mortgage statement yesterday saying they took it all back? I am tired of calling in and not getting any answers!! No one listens, no one helps. I am ready to sue.

Will the government please nationalize this evil and corrupt organization!!! B of A is worse than the mafia!

;} I used Universal Lending to execute a modification (FTC closed their operations for fraud), then had to do it on my own. I had a friend who offered to finance the home, but after three months Bank of America still hadn't responded to multiple requests for payoff. We contacted the attorney in Monroe Louisiana who was handling the forclosure and was told they couldn't get an answer either. They finally sent me a modification just days before my home was up for auction. I signed them and sent them back FedEX. Two days later I recieved another offer. I called and told them I had sent the package off, and was told that it contained an adjustable rate and they could get it waived.. It also added back interest of over $18,000 to the balance due of $118,000 making the total due of over $145,000. Since I was caught between the old rock and hardplace, I told them to go ahead with it and was put on a trial period. I fulfilled the period, (supposedly 3 months, but took over 6 months) and was sent a letter saying I qualify for the modification. The letter also in multiple places said they were preparing Agreement papers and as soon as I got them get them back in the time period stated. The wording actually was "to accept this offer, you will need to sign and return a Modification Agreement that includes the terms and conditions of the permanent modification. We are in the process of preparing your Agreement and will be sending it to you soon. Please be on the lookout for a package in the mail and return the Agreement to us by the requested date so we may finalize you loan modification". I did not recieve them within 4 weeks so I called on and was told if not recieved by June 23, 2010 call back. I waited til June 23 and still no packet. I called and was assured it was "APPROVED" but they were running behind pretty badly. They said call back if not recieved by July 23, 2010. No packet so I called on July 25,2010. Again I was assured it was "APPROVED" and not to worry, it was taking several months to get all the paperwork out. I was told to just continue making the modification agreement payments as I had been doing. I was disabled in Janruary of 2010 and put on weekly disability payments. In Oct 2010 I was put on monthly payments paid on the 21st day of the month so I called and talked to John on the 5th day of December at 12:53 CDT. I explained the situation and he said don't worry, it would not change anything. He asked if I could afford the modification payments where they were and I told him yes. He also told me I could use direct pay by my bank at that time. He also assured me I was approved for modification and would see my paper work soon. On February 23, 2011 I recieved a call from BOA. I returned the call and was told I had been turned down. They transfered me to the DESIREE TEAM. I talked with a supervisor named Julie Nye. She said my payment was $1184.96. I explained that I had been approved each of my statements showed to continue the $983.32 Payments. She asked me to fax all that to her and she would post it to my folder. I also asked her about the turn down, and she said it did not reference that in my account. She said it showed I was still under "REVIEW". I explained the approval letter and she asked that it be sent also. Then last night, February 23, 2010 I recieved another call from another dept of BOA. I was told I had been turned down and I would be sent another packet. She also said not to be surprised if I recieved a forclosure notice and not to ignore them. She said they were sending me another package to see what other program I qualify for. So eleven months after I was sent an approval letter , and over 18 months since the process started they are now wanting to steal my home. I am now on permanent disability and would probably not qualify for any program. Where do I go from here? I have already went to the Federal Trade Commission and Louisiana's AG One good way of dealing with this senior Enron group is email every exec in BOA, The federal trade commission, US Attorney General, State Attorney General, All US Senators and congressmen from your state and your State Attorney General.. Title the email "Bank of America Modification Fraud. Also go to www.makinghomeaffordable.gov. They are a free service and are totallly familiar with the modification laws and will contact BOA with you on the phone and work with you/them to settle this scam BOA is doing.