Countrywide loan modification.
People think that I enjoy reporting doom and gloom. Some people out there in the bogsphere think that I get my thrills by bashing Angelo Mozilo and Countrywide. One person has went so far to say this about my blog, “He also pointed to me to what may be the most anti-Countrywide blog out there.” Thanks Jane Wells. (CNBC)
I am here for one thing. To report the truth on the mortgage industry and to report what lenders and servicers are doing in regards to their loss mitigation efforts.
If lenders and servicers are truly taking care of struggling homeowners, then I will give them credit where credit is due. If they are severely lacking and BS’ing the media and public, then I will blast them with a counter attack because I want the American people to know the truth. Like I have done many times in the past with Countrywide.
I am for the school of, “It’s not what you say, it’s what you do.” Countrywide finally looks like they are starting to put their loan modifications where their mouths are.