Comments on: New Bankruptcy Bill Moves One Step Closer

By: dave

dave — Mon, 20 Apr 2009 20:39:57 +0000

I THINK THIS BILL IS A GREAT IDEA.
IT WILL HELP HOME OWNERS WHOSE VALUE HAS DROPPED WELL BELOW WHAT THEY ARE PAYING
FOR. IT WAS THE BANKS THAT ARTIFICALLY
INFLATED VALUES, HOW WAS THE HOME OWNER
TO TELL THAT THEY WERE FOOLING US.
THESE PEOPLE WERE SUPPOSED TO KNOW WHAT THEY WERE DOING. WE TRUSTED THEM. IF
THE GOP DOES SEE THAT THIER BLIND.

By: PIST

PIST — Thu, 05 Jun 2008 13:46:21 +0000

Do you think CountryWide will ever get their S**t together?

I would have thought after the Angelo Mozillo incident, they would have been more helpful, it seems the fat cat (A. Mozillo) is still sitting pretty in his overlytan self…

He is a true thief ! he did ex- emplyees wrong (still oweing them months of commission checks), current employees are working their a$$ off, current borrowers are trying to make it, but with his policies etc, if you call one customer service dept. you go to India, if you call another # you are in some other place, file have been misplaced, WE need Loan Workouts / Modifications NOW, before we keep clogging the foreclosure courts and people are in the streets with their families.

HELLOOOOOOO CountryWide wake up ! we need help NOW !

By: Rafael

Rafael — Thu, 05 Jun 2008 13:09:13 +0000

have im a countrywide employee if u guys need any sugestions wid ur mortgage email @ virtualmaniac@gmail.com

By: Lou

Lou — Tue, 13 May 2008 21:48:35 +0000

Countrywide is the biggest ripoff company ever. I suggest you do as I have done get yourself a tape recorder and tape every conversation you have with them document who you talk to. They claim they are trying to help people in this foreclosure crisis but they only add fuel to the fire. I have several associates and supervisors lying to me on tape. Reasons why I got denied for a loan modification, my reasons went from i make to much to not enough to the months I’m behind. I am fed up with them and will try not only to start a class action lawsuit but to bring to everyones attention just how deceptive these lenders are. Join me lets band together and fight them and let them sit in the hot seat. Also note they kept telling me they were working on the re-modification for 4 1/2 months then 2 days before my 300 dollar increase I was conveniently denied. thanks Countrywide for nothing

By: Beverly

Beverly — Fri, 02 May 2008 18:00:30 +0000

I am yet another disappointed customer of Countrywide. I have had to make some short payments in order to survive and now they won’t take them any more…they returned my check and then charged me a late fee! They also raised my monthly payment by 250.00 to cover the short payments, I can’t pay it!!! It will start adjusting in July and will probably go up again. I will probably lose my house; I am considering bankruptcy. I don’t know what else to do? Countrywide is NO HELP AT ALL. God Bless each of you going through this situation.

By: DebbieR

DebbieR — Wed, 09 Apr 2008 22:28:06 +0000

Moe,

Many companies use to offer a payment deferrment plan for those experiencing hardship. Is there any law that requires them to offer this. I have my loan with Chase Home Finance and have had a recent issue with escrow and home owners insurance. Long story short, after a refinance my home owners’ insurance was not paid by Chase. A year later Chase sent me a letter telling me I did not have insurance. I called my insurance company and after doing some in depth research and phone calling found out that A) the insurance company had not sent the bill to Chase or B) Chase had not paid the insurance company. Come to find out I did not have home insurance for about a years time. Chase has subsequently gone back and charged me for the year of insurance in arrears. Is this legal? I have sent a certified letter to Chase asking for a copy of the policy and a copy of the reciept of payment for the policy. This added amoung of money to my escrow account has cost me over $200 per month in my payments, which I am currently one month behind and have been for many months. I am trying to work something out with them. Really frustrating. Was glad to read all of the info on your site, very helpful.’=

Do you have any information on the lawsuit that was filed against HomeComings Financial? I received something and believe I completed and returned the form to be included in this, and have heard that some folks received renumeration, so was wondering if you might know who to contact. Thanks.

By: ROBIN CHILDERS

ROBIN CHILDERS — Wed, 02 Apr 2008 23:27:04 +0000

I HAVE MY MORTGAGE W/COUNTRYWIDE AFTER THEY BOUGHT IN JANUARY. IN MAY MY PAYMENT WENT DOWN, I CALLED CW AND THE REP TOLD ME IT WAS AN ADJUSTMENT FROM THE PREVIOUS MORTGAGE CO. I STARTED A REFINANCE IN JANUARY W/COUNTRYWIDE. EVERYTHING WAS GOING O.K. THE % WAS LOCKED IN. THEN I RECEIVED A 2ND PROPERTY TAX BILL UNPAID. I CALLED SHERIFF’S OFFICE. THEY SAID YOUR MORTGAGE CO HAS NOT PAID THIS–IT WAS SUPPOSE TO BE PAID IN NOV. I CALLED COUNTRYWIDE AND THEY SAID IT MUST BE DUE TO REFINANCING. I DISAGREED BECAUSE THE BILL SHOULD HAVE BEEN PAID IN NOVEMBER. AFTER TALKING TO MANY PEOPLE AT COUNTRYWIDE–I FOUND OUT THEY TOOK OUT MY TAXES WHEN THE PAYMENT WENT DOWN. SO BASICALLY THIS HAS PUT ME ANEGATIVE ESCROW. AM AFTER I WAS SO UPSET AND TOLD THE COMPANY MY FEELINGS!!! THEY TOLD ME THE REFINANCE COULDN’T TAKE PLACE AT THIS TIME. THIS WAS ALREADY LOCKED IN–THEY HAD MY INFORMATION. I KNOW THE TWO ARE CONNECTED. I HAVE BEEN DOING A RUN AROUND W/COUNTRYWIDE EVER SENSE. I WROTE LETTERS, PHONE CALLS, DOCUMENTED EVERYTHING. STILL NOTHING. I WAS EVEN TOLD BY ONE OF THE TAX DEPT REP THAT THEY CALLED THE SHERIFF’S OFFICE IN KY. AND THE SHERIFF’S OFFICE OFFICE TOLD THEM NO TAXES WERE DUE. NEEDLESS TO SAY, I DOCUMENTED THIS, CALLED THE SHERIFF’S DEPT. HE SAID NO PHONE CALL FROM COUNTYWIDE WAS MADE TO THEM. WHEN TAXES ARE INCLUDED IN THE PAYMENT THAT IS NOT HOW
IT’S DONE. YOUR MORTGAGE COMPANY KNOWS THAT!! I WANT TO SUE VERY BADLY, BUT I NEED HELP!!!ANY SUGGESTIONS!!!

By: Sherry P

Sherry P — Wed, 19 Mar 2008 02:15:22 +0000

I want a lawyer to do a class action lawsuit against Countrywide Home Loans for predatory lending asap. There’s got to be lawyers right now getting that ball rolling. What they did with their phony appraisals, lies, and they are the ones that completely ruined the housing market, and then sell our houses for pennies on the dollars to grave dancers to flip them when most of us have our life savings as down payments, and thousands more fixing the houses. They have caused what is turning into the worse depression since 1929, and what does Bush do, he bails out those who have caused nothing but misery for all of us regular people.

By: carolyn johnson

carolyn johnson — Sun, 09 Mar 2008 13:42:10 +0000

My daughter has a morgage loan with Countrywide.They put the loan in her name because her credit was better than her spouse.She does not even work.At the time she signed the paper work she was in the hospital and had just had a baby and had medication.The man took it on hisself to go to the hospital to have her sign the final paperwork.She has four little girls under tyhe age of eight years old.They are behind in their mogage and countrywide will take their home.She has not had a joband will never e able to work because her baby was born with a very rare blood desease.The baby requires special care around the clock.Can anything be done about this.The family has been helping them pay the morgage but no sooner than you make a payment another one is due.The payment is very high.We can not keep helping out because we are living on a fixed income and are senior citizens now.They were wrong in putting the house in her name with no job and going to the hospital after she just had a baby and had alot of medication in her body.What can be done about this.Can anyone give advise on how to save this family from this disasder. Having their home took awaway and nowere to go.Ido not no who to contact to even talk to about the way this loan was done.

By: Amy J

Amy J — Thu, 06 Mar 2008 05:39:38 +0000

If anyone tells you that Countrywide does short sales I can tell you that is a load of you know what. I have been trying to shortsale my house since November 07. I did not have on of these crazy sub prime loans. My husband got transferred and we had to move from Phoenix to San Antonio. I had a pre-approved buyer and a date to close. 1 hour before the closing the buyer backed out. I found out about this as we were driving to Texas. Unfortunately could not turn back so decided to sell. House sat on market for what was owed plus costs for 6 months. Eventually I told Countrywide that I could not get it sold and I coned anuld not pay the mortgage. THEY said to do a short sale. I sent everything that they wanted to that mystery fax number that everyone knows about. Everything that I sent clearly stated that this was a short sale request. I had an offer and I sent it and waited. 2 weeks went by and so I called. I was told that it would take anywhere from 4 to 16 weeks to get assigned a forebarence negotiator. I told them that I was asking for a short sale and was told rather rudely that that is the same department. After 2 months waiting my buyer walked and I called to tell Countrywide. They told me that I did not need a buyer because they might approve my forbarence. I just about pulled my hair out. I left a messege for a supervisor to call me back. (they never do) Anyway 3 days later I get a call from Tevy in India. She was calling with the happy news that my fax had been routed incorrectly and was in the wrong department. I should have been in the shortsale department. No kidding! Anyway we lowered the price more and did get another offer. K2 below the previous one. Resubmitted everything again to the magic fax number. Several call later I was assigned Julie. A rather rude woman who took delight in yelling at me down the phone that this takes time and I will just have to wait. That was on the rare occasion that I spoke to her. Mostly you just get that department general number and they cant help at all. 6 weeks later I have been informed that the file is with the “investors” for a decision. I was told by Julie that would take 2 to 4 days to get a response. That was 2 weeks ago. Today my buyer decided he could wait no longer and walked. I am now close to the foreclosure date and countrywide appears to want to foreclose on my house. So if they offer a shortsale option. Laugh really hard because I can tell you that they have no clue how to move at any rate of even snails pace, that don,t care what happens to you ro your house despite what they say. They lie about calling back. They just dont. They lie about how long things take and they can shove that fax number far up where the sun dont shine. They have “misplaced” my documents 8 times…and counting