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Countrywide Home Retention Department

Why does Countrywide appear to have so many folks with troubled loans?

by Moe Bedard

Question to Moe from a reader and Countrywide borrower, Melena

Several years ago when I worked for a local builder, Countrywide was one of our preferred lenders. They seemed to have a strong customer service base but is apparent that has changed. Why? Did they grow too fast? New management perhaps? Why don’t they seem to [...]

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Loan Modification Approved – Courtesy of Angelo Mozilo and Countrywide

by Moe Bedard

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 [...]

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Countrywide and ACORN Work on Blueprint for Home Retention and Foreclosure Prevention

by Moe Bedard

CALABASAS, Calif. and NEW ORLEANS, La., Dec. 21 /PRNewswire-FirstCall/ — Countrywide Financial Corporation (NYSE: CFC – News) and the Association of Community Organizations for Reform Now (“ACORN”) announced a joint initiative to develop a blueprint for home retention programs, with a particular focus on subprime borrowers. “Countrywide and ACORN share the belief that subprime borrowers [...]

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