Mortgage -- Trouble during payment process -- Complaint #4550500

Complaint Overview

Complaint ID: 4550500

Company: Bank Of America, National Association

Product: Mortgage

Sub-Product: Home equity loan or line of credit (HELOC)

Issue: Trouble during payment process

State: Pennsylvania

ZIP Code: 19082

Date Received: 2021-07-17T12:00:00-05:00

Date Sent to Company: 2021-07-17T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Tags: Servicemember

Consumer Narrative

Dear CFPB, I file a complaint against Bank of America last year XX/XX/2020. They had escrow my account for my home mortgage and to pay my taxes. I completed a refinance of the exiting loan with another banking company at the end of XX/XX/2020. My township where I live report that none of the taxes where paid from the escrow account, which total over {$10000.00} in escrow. I am unable to speak with an agent over the phone at the number Bank of America provided me with XXXX extension XXXX, even though I have left messages. I feel it is not right nor fair to have to pay back taxes on a loan that had an escrow account set up to pay the taxes, sewer and water. Thank you for your continued assistance to this matter.

Frequently Asked Questions

What is Complaint #4550500 about?

Complaint #4550500 was filed against Bank Of America, National Association regarding Mortgage specifically about Trouble during payment process. It was received by the CFPB on 2021-07-17T12:00:00-05:00.

How did Bank Of America, National Association respond to this complaint?

The company responded with: "Closed with explanation". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Mortgage) and describe your issue in detail.

Can I see other complaints against Bank Of America, National Association?

Yes, visit the Bank Of America, National Association company profile at readthecomplaint.com/company/bank-of-america-national-association to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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