Consumer complaint received 2025-05-13 00:00:00
Product: Mortgage — VA mortgage
Issue: Struggling to pay mortgage — Foreclosure
Company: BANK OF AMERICA, NATIONAL ASSOCIATION
State: GA

Complaint narrative:
This situation of Bank of America Forclosure on XX/XX/year> without looking into the information that was given to the office with out any investigation taking place raises serious concerns and could potentially indicate theft or fraudulent activity, depending on the specifics.The fact that it was information that should have been carefully exposed and sent forward to SEC. Here 's a breakdown of why and what needs to be investigated : Why it Could Be Theft or Fraud : Selling Property Without Clear Title : If BofA XXXX XXXX XXXX XXXX XXXX sold a property to a XXXX XXXX XXXX in XXXX without having the legal right to do so ( i.e., without a clear title ), this could be considered fraud. Selling an asset you don't rightfully own is a fundamental element of theft. 
Owner Sold Interest in Shares : The statement that the " owner of the property was sold in the interest of shares '' is particularly alarming. This phrasing suggests a scenario where the ownership of the company that held the property was transferred through the sale of shares, potentially without the explicit consent or full understanding of the original property owner. 
Lack of Owner Awareness of No Title : If the original property owner was unaware that there was no clear title to the property, it suggests a lack of transparency and potentially deceptive practices. 
Possible Scenarios and Implications : BofA XXXX XXXX XXXX XXXX XXXX Never Had Clear Title : If BofA XXXX XXXX XXXX XXXX XXXX never legally owned the property outright but still sold it, this is a clear indication of potential fraud. Their " control number '' might have related to a lien or some other form of security interest, not full ownership. 
BofA XXXX XXXX XXXX XXXX XXXX Acted on a Faulty Premise : They might have mistakenly believed they had the right to sell the property due to errors in their records or a misunderstanding of the legal situation. While not necessarily intentional theft, it could still have severe legal consequences. 
The " Sale in the Interest of Shares '' Was Coercive or Misleading : If the original property owner was pressured or misled into transferring their ownership of the company ( which held the property ) through a share transaction they didn't fully comprehend, this could constitute fraud or other illegal activity. 
The XXXX XXXX XXXX in XXXX XXXX XXXX in a Scheme : It's possible this company was knowingly involved in acquiring the property under questionable circumstances. 
Why the " Control Number '' is Relevant : The control number indicates that BofA XXXX XXXX XXXX XXXX XXXX had an internal system for tracking this specific property. This suggests they were aware of the asset and their involvement with it. If they sold it without proper title, this awareness strengthens the possibility of intentional wrongdoing. 
What Needs to Happen : Immediate Legal Action : The original property owner needs to seek legal counsel immediately. A real estate attorney specializing in property disputes and potentially international transactions is crucial. 
Thorough Investigation : A full investigation needs to be conducted to determine the exact chain of events, the nature of BofA XXXX XXXX XXXX initial interest in the property, the details of the sale to the XXXX company, and the circumstances surrounding the owner being " sold in the interest of shares. '' Title Search : A comprehensive title search should be conducted in the relevant jurisdiction to ascertain the true legal status of the property 's title. 
Potential Legal Claims : Depending on the findings, the original owner may have grounds for legal claims against BofA XXXX XXXX XXXX XXXX XXXX, the XXXX XXXX XXXX in XXXX, and potentially others involved. XXXX XXXX is the party involved and the control number is or was XXXX for BofA XXXX XXXX XXXX XXXX XXXX and to our concerns He has higher addition as President of another company There were 3 Full Audit that we received and have declared Fraudulent Activity.There are 99 Heirs associated with the property address being XXXX XXXX XXXX XXXX XXXX  XXXX. 
A Complet Full Mortgage Audit XXXX was sent to us from the XXXX XXXX XXXX concerning XXXX XXXX XXXX XXXX and we Thank him for this information. We will review it carefully. 
We have received his concerns and will look into the matter. 
This is concerning information. We will consider the next steps. 
Office of SEC

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