Report: Mortgage note request may have led to credit downgrade

This is a very strange story that could be a lawsuit waiting to happen against Bank of America. If accurate, the mere request to Bank of America to know who actually owns the mortgage note has resulted in a hit to one customer’s credit rating. This may be an isolated issue or it could be part of a larger practice of punishing any consumer who dares ask questions in this Wild West mortgage system. Click through to see the perfect payment history and more details of this bizarre case.

An American in Paris, France. BA in History & Political Science from Ohio State. Provided consulting services to US software startups, launching new business overseas that have both IPO’d and sold to well-known global software companies. Currently launching a new cloud-based startup. Full bio here.

Share This Post

© 2020 AMERICAblog Media, LLC. All rights reserved. · Entries RSS