At the law office of Ira J. Metrick, we have defended borrowers against foreclosures from many different mortgage servicing companies including Bank of America.
About Bank of America
Bank of America is a financial services company based in Charlotte, North Carolina and operating throughout the United States. As of 2018, Bank of America is the second largest bank in the country. As a mortgage servicer, Bank of America manages the day-to-day administration of mortgage accounts, including collecting regular monthly mortgage payments.
Bank of America Foreclosure & Loan Modification Information
Bank of America has faced many lawsuits and investigations relating to fraudulent mortgage practices, most notably a $16.65 billion settlement with the Justice Department in 2014 for their role in the 2008 mortgage crisis. This consisted of $9.65 billion in fines and $7 billion in relief to victims of faulty loans, including principal reduction loan modifications.
On their website, Bank of America provides information on loan modifications they offer, and the steps involved in the application process.
If you are facing foreclosure on your mortgage serviced by Bank of America, we can determine the type of modification you may be eligible for, and we can give you an estimate of the modification payment terms.
Some attorneys that may represent Bank of America include:
- Milstead & Associates, LLC
- McCalla Raymer Leibert Pierce, LLC
- KML Law
- Powers Kirn, LLC
- Stern Lavinthal Frankenberg LLC
- Bryan Cave, LLP
- Parker McCay, PA
- Mullooly, Jeffrey, Rooney & Flynn, LLP
- Kivitz McKeever Lee, PC ( Pennsylvania member of KML Law)
- Romano Garubo & Argentieri
- Frenkel Lambert Weiss Weisman & Gordon, LLP
- Knuckles Komosinski & Elliott, LLP
- Stern & Eisenberg, PC
- Phelan Hallinan Diamond & Jones PC
- Shapiro & DeNardo, LLC
- Fein Such Kahn & Shepard PC
- Hill Wallack, LLP
Helpful NJ Foreclosure and Loan Modification Resources
- Foreclosure Defense Overview
- New Jersey Foreclosure Timeline
- New Jersey Sheriff Sale FAQ
- New Jersey Sheriff Sale Timeline
- New Jersey Loan Modification Information
Contact Ira J. Metrick Today
If your mortgage is serviced by Bank of America and your home is facing foreclosure, contact us today. We can discuss your situation and help you defend the foreclosure and determine if you are eligible for a loan modification. We also offer aggressive representation to assist in the loan modification process.
We can also ensure that the lender has followed all proper foreclosure procedures and has not violated your rights as a borrower. These violations can include, but are not limited to:
- Pursuing a foreclosure or sheriff sale while your loan modification application is still being reviewed (also known as Dual Tracking).
- Refusing to honor or review your loan modification.
- Not responding to your loan modification application within 30 days.
- Refusing to accept your mortgage payment or mortgage reinstatement.
- Declaring you in default and threatening foreclosure even though you are up to date on your payments.
If any of these or other situations have happened to you, contact the law office of Ira J. Metrick today to discuss your options.