Mortgage -- Closing on a mortgage -- Complaint #4937188

Complaint Overview

Complaint ID: 4937188

Company: Bank Of America, National Association

Product: Mortgage

Sub-Product: Conventional home mortgage

Issue: Closing on a mortgage

State: Florida

ZIP Code: 33487

Date Received: 2021-11-22T12:00:00-05:00

Date Sent to Company: 2021-11-22T12:00:00-05:00

Company Response: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

XXXX problems with the closing for our house on XX/XX/2021 ( XXXX weeks ago ) : 1. Our bank, Bank of America, still collected the payment for XXXX and has not sent us the money ( {$2000.00} ) 2. They also have not sent us our escrow monies ( {$5900.00} ) I called the bank 3 times, immediately after they took an extra mortgage payment and XXXX times over the next few weeks ( XX/XX/XXXX and XX/XX/XXXX ). The last time I spoke with XXXX on XX/XX/XXXX at XXXX. Each time they assured me that the mortgage payment was collected in error and that the money would be sent to me within a week. They also said they would send it express mail. It has been XXXX days ( XXXX weeks ) and we still do not have our money. What if we depended on that money ( especially the extra mortgage draw? ) to pay rent or eat? This is unethical and unacceptable! Please advise how we can get our money.

Frequently Asked Questions

What is Complaint #4937188 about?

Complaint #4937188 was filed against Bank Of America, National Association regarding Mortgage specifically about Closing on a mortgage. It was received by the CFPB on 2021-11-22T12:00:00-05:00.

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

The company responded with: "Closed with monetary relief". 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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