New Bill Will Let Homeowners Sue Wall Street Over Their Subprime Mortgages

by Moe Bedard on May 3, 2008 · 7 comments

in Home Loan News

Please watch the MSN Video here

{ 7 comments… read them below or add one }

1 Helena May 5, 2008 at 9:04 am

Okay so what are we supposed to do if we have a mortgage with Countrywide and are seeking this opportunity?

2 steven kresha May 5, 2008 at 5:04 pm

I need some information on what I can do to lower my house payments and modify my sub prime morgage.

3 theresa May 6, 2008 at 2:38 pm

how can I find out more information about the sue case for wall street

4 sam May 6, 2008 at 7:46 pm

a pretty small drop in the 55 gallon drum of problems they created!!!

5 C. Mateos May 7, 2008 at 12:17 pm

i have tried contacting Counrywide several times, because i was out of reserves (i had about 50k) and am about to default on my loan. I had been unemployed for 8 months in 2007. and I recently got hired fulltime in a permanent position, but making a lot less than my previous employer. Between my husband & I we are living now paycheck to paycheck & this is horrible.
I have always paid on time and i am not able to make my monthly payment for May. I was requesting a loan modification, and the bank rep from the HOPE team (home retention dept), and they pretty much told me ‘tough luck’ until you are atleat 1 or 2 months late on your mortgage payment – we can’t help you.
It seems crazy to me that I am trying to prevent a default and continue to pay Countrywide and they do not want to help me unless i owe them months…. What can be done about this. Help !any suggestions?

6 Cynthia J. May 8, 2008 at 2:48 pm

Please help us with these loans

7 cal June 4, 2009 at 1:14 pm

LITTON LOAN MORTGAGE COMPANY NEEDS TO BE SUED NOW.TELL ME A LAWYER THAT IS NOT AFRAID OF SUEING THIS COMPANY.I KNOW THESE LAWYERS CAN MAKE TOP DOLLARS BECAUSE THIS MORTGAGE COMPANY IS A RIP OFF.

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