Posts tagged as:

Countrywide Foreclosure Assistance in California

7 lawsuits against mortgage lender Countrywide to the Southern District of California

by Moe Bedard

“San Diego will become ground zero for mortgage fraud litigation,” a very happy Michael Aguirre, San Diego’s city attorney, said Wednesday.

San Diego, CA— All lawsuits filed across the nation against Countrywide Financial Corporation alleging
predatory lending practices were ordered today to be consolidated and heard in San Diego in the Southern Federal District Court. Lawsuits have [...]

Read the full article →

The Year of Foreclosure Prevention Flops

by Moe Bedard

Looking back over the last year, I can’t help but notice the ridiculous amount of clever names used by our government and other consumer advocates in relation to homeowner foreclosure assistance and relief.
The latest Hope for Homeowners program has met little fan fare on this blog because quite frankly, I feel it is just the [...]

Read the full article →

Bank of America Announces Nationwide Homeownership Retention Program for Countrywide Customers

by Moe Bedard

Nearly 400,000 Countrywide Borrowers Could Benefit After Program Launches December 1
Nearly 400,000 Countrywide Borrowers Could Benefit After Program Launches December 1

CALABASAS, Calif., Oct. 6 /PRNewswire/ — Bank of America today announced the creation of a proactive home retention program that will systematically modify troubled mortgages with up to $8.4 billion in interest rate and principal [...]

Read the full article →

Are You a Countrywide Home Loans & KB Homes Client?

by Moe Bedard

If you have a mortgage with Countrywide Home Loans and are in a KB home tract where Countrywide was the preferred lender, then please contact me right away.
You may have legal rights that were violated and may be eligible for mortgage relief. Please contact me here and I will contact you ASAP with possible [...]

Read the full article →

BofA CEO Lewis On Mortgage Business And Countrywide

by Moe Bedard

He is speaking to a packed house at a Town Hall Los Angeles luncheon, and I will update later with video clips and Q&A. But here are highlights from an advanced copy of the speech.
Lewis says BofA wants to help struggling homeowners stay in there homes, but admits he can’t help everyone.
“The first step [...]

3 comments Read the full article →

Governor Schwarzenegger Signs Legislation to Help Protect Homeowners from Foreclosure

by Moe Bedard

Governor Arnold Schwarzenegger today signed SB 1137 by Senate President pro Tem Don Perata (D-Oakland) which requires lenders to contact homeowners and explore restructuring options before initiating the foreclosure process. It will also provide tenants with double the amount of time now afforded to them to move from a foreclosed property and prevent California’s neighborhoods [...]

0 comments Read the full article →

Illinois attorney general advises homeowners to review Countrywide loans

by Moe Bedard

I have been advising homeowners to do this for the past year online and I even started a company (Loan Safe Solutions) to assist attorneys and homeowners in reviewing their loan documents for legal violations.
Now, it appears that the Illinois attorney general feels that it is a great idea to have your current mortgage examined for federal, [...]

0 comments Read the full article →

Countrywide Sued for Predatory Servicing by US Trustee

by Moe Bedard

It is about time that these lawsuits start to hit our court system. I am not a big fan of court and everyone suing each other. But what needs to be done, needs to be done and it’s all for the better. Especially against these mortgage servicing companies that are abusing homeowners and charging bogus fees.
Attention [...]

5 comments Read the full article →

Countrywide Loves Foreclosing on Homes in California

by Moe Bedard

 Another disturbing fact from the Countrywide school of subprime horrors. One that I have not seen in the media and hopefully this will get some attention. I just ran the most recent stats on REO properties in the Countrywide portfolio as of 10/24/2007. I was astounded by the fact that Countrywide has a HUGE number of homes [...]

15 comments Read the full article →

Countrywide Hope Department Blues

by Moe Bedard

I would say that 90% of the calls and emails that I receive are from people that are having trouble in dealing with Countrywide’s HOPE Department. All I can say is that I understand exactly where they are coming from. If you need a loan modification, then be ready for a merry go round ride.
Countrywide [...]

36 comments Read the full article →

Countrywide Workout Department

by Moe Bedard

If you are looking for Countrywide’s Workout Department, then you have landed on the right website. The name of that division is called the HOPE Department and they handle all loan workout’s and loan modifications for people facing foreclosure.
That phone number is 800-262-4218. You will need to have your loan number ready and be prepared [...]

127 comments Read the full article →

Countrywide Foreclosure

by Moe Bedard

If you are a borrower that is facing a Countrywide Foreclosure, there is help for you. You can try calling the loss mitigation and home retention department, its’ called Countrywide’s HOPE. They will work with borrowers that have had financial hardships or their ARM has adjusted and they can no longer afford the payments.
The best [...]

11 comments Read the full article →

Stop Foreclosure With Countrywide

by Moe Bedard

I’m going to see what Countrywide is doing to help stop foreclosure and save their clients home.
The number I have is 888-453-3102. I just called it right now and it goes to the customer service announcement. It’s all automated and I just despise these machines. It takes about 3 minutes of saying no and pressing 2 to [...]

54 comments Read the full article →