Tips & Techniques for Bank of America Property Claims Services. Even if you managed to find Bank of America’s phone number on their website (or follow their web address from here), remember to use the phone number that we provide as the number listed on their Property Claims Services page is not their direct number!

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About $7 billion in the settlement will go to consumers "harmed by the financial crisis precipitated by the unlawful conduct of Bank of America, Merrill Lynch and Countrywide," according to the Department of Justice. The relief will be delivered as principal reductions and loan modifications for homeowners who are underwater on their mortgages.

Banking, credit card, automobile loans, mortgage and home equity products are provided by Bank of America, N.A. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend.

Moreover, many of Bank of America’s borrowers have defaulted on their FHA mortgage loans and have either lost or are in the process of losing their homes to foreclosure. "As a Direct Endorser of FHA insured loans, Bank of America performs a critical role in home lending," said U.S. Attorney Loretta E. Lynch for the Eastern District of New.

Homeowners Claim Bank of America Schemed to Steal Their Homes. The report, which was given to Congress, also expressed concern over the tens of thousands of application still backlogged and the possibility the bank may resort back to old habits to meet the program’s final deadline in September.

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Bank of America Sued for Seizing Wrong Homes. Some 2.8 million homeowners faced the threat of foreclosure last year, but it wasn’t supposed to happen to Charlie and Maria Cordoso. In 2005, the New Bedford, Mass. couple paid in full — in cash — for a house in Springville, Fla.,

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