fedex about a letter i received?? NOT!
California Oct 07th, 2011
Calls ALOT! Says Fed Ex about a package but unable to get anywhere no matter what button I press. Called the number on caller ID it says Home Retention team loan modification program for Bank of America. Again, no matter what button I press it just keeps cycling through the automated message. Another fine annoyance from Bank of America. Thanks a lot.
Got a message from some outfit representing Bank of America about some Mortgage Dee-Fault Prevention Program? They wuz saying that I was goin' to get sum letter from Federal Express. Whuz up wit that?
I read this in this mornin's paper:
NEW YORK (Reuters) - American International Group Inc is suing Bank of America Corp to recover more than $10 billion over a "massive fraud" on mortgage debt, deepening the litigation morass facing the largest U.S. bank.
Bank of America shares fell as much as 16.4 percent to their lowest level since April 2009, underperforming its main rivals, amid a broad market decline that followed Standard & Poor's downgrade of United States credit ratings.
AIG said it expects to pursue other litigation to recover losses from counterparties that "sought to profit at our expense." Taxpayers still own 77 percent of the New York-based insurer, which received $182.3 billion of government bailouts.
Monday's lawsuit may complicate Bank of America Chief Executive Brian Moynihan's efforts to contain losses from the bank's $2.5 billion purchase of Countrywide Financial Corp, once the largest U.S. mortgage lender, in July 2008.
That purchase is now considered a disaster for the Charlotte, North Carolina-based lender because of the costs of litigation and writing down bad loans.
Moynihan "inherited a ton of excess baggage," said Michael Mullaney, who helps oversee $9.5 billion at Fiduciary Trust Co in Boston, which has sold nearly all its Bank of America stock. "Bank of America's stock price will remain under duress," he said.
The AIG case is among a growing number of lawsuits by investors seeking to hold banks responsible for losses on soured mortgages that contributed to the financial crisis.
BANK OF AMERICA SAYS AIG KNEW BETTER
AIG accused Bank of America and its Countrywide and Merrill Lynch units of misrepresenting the quality of mortgage-backed securities, including more than $28 billion it bought, and lying to credit rating agencies about the underlying loans.
According to its complaint, AIG examined 262,322 mortgages that backed 349 offerings it bought between 2005 and 2007. It said the quality of 40.2 percent of the mortgages was significantly inferior to what had been represented.
"Defendants were engaged in a massive scheme to manipulate and deceive investors, like AIG, who had no alternative but to rely on the lies and omissions made," said the complaint, filed on Monday in the New York State Supreme Court in Manhattan.
No how u like my bank.. theyz makes money the ole' fashion way, theyz stealin' it! How u like my Bank now?
Massachusetts Aug 08th, 2011
Same comment as Lee's. We have received this identical recorded call every morning for the past 2 weeks. When I follow through and "press 1" to the point where I am told I will be connected to a live person, I get a dial tone! I want to tell them to stop calling! We have no debts, but it is so obviously a collection-type call that I am angry! (We have received no letter or parcel from FedEx, BTW)
I received a call at 12:45pm June 14, 2010 from 877-422-1761 (caller ID shows "TOLL FREE CALL" 877-422-1761) and the recorded message says, "This message is in regards to a recent letter that you have received via FED EX. We ask that you review this letter and contact us at the number on that letter at your earliest convenience. Thank you." We have done a loan modification on our home and this message is in regards to that modification.
Call Type: Debt Collector
Loan Company - We did a Modification with them
similar to previous comment. fedex calling to find out if i had received letter. automated call. i didn't receive a letter thru fedex. probably calling old numbers.
They leave a message saying that they sent me a letter through Fed-Ex and that we need to call the number that is on the letter. No letter has came. WTF