Consumer complaint received 2016-01-07
Product: Mortgage — Conventional adjustable mortgage (ARM)
Issue: Loan servicing, payments, escrow account — 
Company: BANK OF AMERICA, NATIONAL ASSOCIATION (CA)

In XXXX I purchased a home in XXXX XXXX Nevada for {$310000.00}. My loan servicer was BAC HOME LOANS. This property was located in a Home owners association. The monthly association was {$25.00} per month. On XXXX XXXX I send in my HOA payment in late, the payments were returned stating that I was in collection and the collection company demanded almost {$900.00} when I only owed {$75.00} they refused to give me a breakdown of the charges. The collection company ended up foreclosing on my property over owing {$300.00} they auctioned my home for {$20000.00} I was left with a {$280000.00} mortgage, the bank plays dumb and acts like they did n't know what was going on. The attorneys for BAC HOME LOANS, are the ones behind these corrupt acts, they purposely allowed my home to be foreclosed on. I have evidence that they knew and did nothing to help. BofA attorneys are the ones behind a lot of the HOA fraud, they want us to loose our properties, this gives them cases to try in court. They are the ones that aid the collection companies to take our homes from us, the person that is buying the homes at these auctions are straw buyers under fake XXXX. It is they attorneys that actually own the properties, while the victim like myself receives the monthly payment. These attorneys begin to falsify documents on the chains of tile to end up transferring the property into a fake trust company they themselves own. This trust company is a shield for these properties, held there so no one forecloses on them, this gives the corrupt attorneys years and years of free rent. No one is monitoring any of these fraudulent acts. These HOA foreclosures are done on purpose, they violate the Federal Fair debt practices act. BAC HOME LOANS was on the title of my property however the loan servicer was XXXX but this never was recorded so it was BAC that was receiving notices but did nothing but allow this corrupt collection attorneys take my property over owing a tiny debt. According to the Dodd Frank regulations the HOA 's were suppose to collect to make the association whole not to steal people homes. These superlien states like Nevada need new reform, unfortunately they are all corrupt, this all comes from the top starting from the Governors office all the way down. BAC HOME LOANS, needs to be held responsible for the acts of their corrupt attorneys that aid the collection companies to take our properties. The lender still pays the taxes and insurance and the HOA, for the person on title while we receive the monthly house payment, this is corrupt and these people need to be prosecuted. The worst part is that no one will help, it is not ok to be left with the mortgage payment and no house. The state courts do n't work I finally filed my law suit in federal court. At least there they seem fair, more people need to fight these corrupt attorneys that are ripping off XXXX XXXX, we need to file complaints to the fraud division and the FBI. Now I have no property just the loan, this is a violation of the XXXX th amendment to the constitution. It is always the attorneys making things worst and getting away with all this. It is not ok that now they are paying the HOA after I lost the title to my home this really shows that what they did was malicious, and that all this people are working together to steal our homes. Now I am left with just the house payment and no house, this is not legal in any state, BAC needs to own up to the corrupt acts of the attorneys they claim to be representing them in court like the XXXX attorney firm in XXXX XXXX. Because these attorneys have done nothing but sit in the case and stall, they are likely the ones taking the properties for themselves this is why they stall, this always more years of free rents from the thousands of properties they have taken with the help of the corrupt associations and the collection agents