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My bank has denied my application for loan modification under HAMP Program on grounds which are contrary to financial information I supplied. Further when contacted by phone they give reasons which are not in their denial letter. When I ask them to confirm their new grounds in writing they refuse to do that. I feel they are trying to hide something to deprive me of the benefits under the Federal program. Do I have a legal remedy against the Bank in this case? Thanks and regards. Durga xxxxxx
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But I have seen a Report by Reuters dated June 14, 2013 that some borrowers filed a civil case against the Bank of America in 2010 and are now seeking class certification for Bank's mishandling of mortgage modifications. Do you have any comment on this?
I guess the intention of my bank is to lead me to foreclosure or to a refinance program whereby the bank gains most at my cost.
Do I have a legal recourse in that case?
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