Consumer complaint received 2016-03-31
Company: BANK OF AMERICA, NATIONAL ASSOCIATION
State: TX
Product: Mortgage
Sub-product: Other mortgage
Issue: Settlement process and costs

Complaint:
I purchased a home from Bank XXXX XXXX in XXXX they commit mortgage fraud and the illegally sell of my property to an investor XXXX XXXX at XXXX XXXX XXXX, XXXX who purchase my home through Bank of New York mellon my way of XXXX XXXX XXXX they never possessed the note for my property XXXX XXXX XXXX did not have possession of the note when they roll my property over to Bank of New York mellon to be sold to the investors that 's a aillegal purchase and sell they also use a mortgage electronic registration system ( aka ) XXXX '' this is also illegal in the way they manipulated it, there was an improper change over of the deed with no signature of the original deed holder which is illegal in Texas and used a falsified affidavit to conduct the business of the sale of the house the affidavit is defective under temerity rule of civil procedure XXXX ( a ) there have been many court cases with Bank XXXX XXXX and Bank New York many of these cases they have lost due to the same activity I listed above I will continue my fight with no end until me and my family are back in our home, we have Been hurt deeply with long suffering my lawyer did not recommend this letter. 
Laws and Regulations TILA CFPB XXXX XXXX XXXX XXXX Truth in Lending Act1 The Truth in Lending Act ( TILA ), XXXX U.S.C. XXXX et seq., was enacted on XXXX XXXX, XXXX, as title XXXX of the XXXX XXXX XXXX XXXX XXXX XXXX. L. XXXX ). The TILA, implemented by Regulation Z ( XXXX XXXX XXXX XXXX, became effective XXXX XXXX, XXXX. 
The XXXX was first amended in XXXX to prohibit unsolicited credit cards. Additional major amendments to the XXXX and Regulation Z were made by the Fair Credit Billing Act of XXXX, the Consumer Leasing Act of XXXX, the Truth in Lending Simplification and Reform Act of XXXX, the Fair Credit and Charge Card Disclosure Act of XXXX, the Home Equity Loan Consumer Protection Act of XXXX. 
Regulation Z also was amended to implement section XXXX of the Competitive Equality Banking Act of XXXX, and in XXXX, to include adjustable rate mortgage loan disclosure requirements. All consumer leasing provisions were deleted from Regulation Z in XXXX and transferred to Regulation M ( XXXX XXXX XXXX XXXX. 
The Home Ownership and Equity Protection Act of XXXX XXXX XXXX XXXX amended the XXXX. The law imposed new disclosure requirements and substantive limitations on certain closed-end mortgage loans bearing rates or fees above a certain percentage or amount. The law also included new disclosure requirements to assist consumers in comparing the costs and other material considerations involved in a reverse mortgage transaction and authorized the Federal Reserve Board to prohibit specific acts and practices in connection with mortgage transactions. 
The XXXX amendments of XXXX dealt primarily with tolerances for real estate secured credit. 
Regulation Z was amended on XXXX XXXX, XXXX to incorporate changes to the TILA. 
Specifically, the revisions limit lenders ' liability for disclosure errors in real estate secured loans consummated after XXXX XXXX, XXXX. The Economic Growth and Regulatory Paperwork Reduction Act of XXXX further amended the TILA. The amendments were made to simplify and improve disclosures related to credit transactions. 
The Electronic Signatures in Global and National Commerce Act ( the E-Sign Act ), 15 U.S.C. 
XXXX et seq., was enacted in XXXX and did not require implementing regulations. On XXXX XXXX, XXXX, amendments to Regulation Z and the official commentary were issued to simplify the regulation and provide guidance on the electronic delivery of disclosures consistent with the E-Sign Act. 
In XXXX XXXX, Regulation Z was amended to protect consumers in the mortgage market from unfair, abusive, or deceptive lending and servicing practices. Specifically, the change applied protections to a newly defined category of " higher-priced mortgage loans '' that include

Company public response: Company has responded to the consumer and the CFPB and chooses not to provide a public response
Company response to consumer: Closed with explanation