As I communicate with other attorneys, title companies and other parties who are involved in short sales, I am struck by the consensus of opinion that Bank of America is impossible to deal with or obtain any answers in a timely fashion to short sale requests.
Bank of America, more than any other institution has benefitted greatly from federal bailout money. What in God’s name are they doing with all this money when they sure don’t seem to be doing anything to actually benefit consumers? My personal experience with Bank of America has been just maddening….I’ve been told time and time again that documents have been received and that a decision will be made, only to be told later that no documents at all have been recieved…What in God’s is going on at Bank of America?
Only those inside really know, but I suspect that because Bank of America is fat and happy with the federal dollars we’ve given that they’ve lost any incentive to work with borrowers….we apparently still haven’t learned our lesson.