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<?xml-stylesheet type="text/xsl" href="http://www.mortgagenewsdaily.com/utility/FeedStylesheets/rss.xsl" media="screen"?><rss version="2.0" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:slash="http://purl.org/rss/1.0/modules/slash/" xmlns:wfw="http://wellformedweb.org/CommentAPI/"><channel><title>And Yet the Sale of Countrywide is Going to Happen</title><link>http://www.mortgagenewsdaily.com/6262008_Countrwide_Lawsuits.asp</link><description>The sale of Countrywide Mortgage to Bank of America absorbed another blow this week as three states took legal action against the lender. The attorneys general of California and Illinois and the Washington State department that regulates financial institutions</description><dc:language>en</dc:language><generator>CommunityServer 2008 SP2 (Build: 31106.96)</generator><item><title>re: And Yet the Sale of Countrywide is Going to Happen</title><link>http://www.mortgagenewsdaily.com/6262008_Countrwide_Lawsuits.asp#110871</link><pubDate>Mon, 05 Oct 2009 00:21:31 GMT</pubDate><guid isPermaLink="false">2bb7a989-b681-446d-a7f2-bd5f0562f228:110871</guid><dc:creator>diane hewelt</dc:creator><description>I&amp;#39;m having a tough time since jan. to get a loan mod. twice they sent me one higher then my monthly paym. I&amp;#39;ve talked to 25 different people and they all tell me something else. They will not let me talk to their supervisers. I don&amp;#39;t know what to do I&amp;#39;ve become disabled since I took this loan. Is anyone else having a problem with Countrywide(Bank of America)?&lt;div style="clear:both;"&gt;&lt;/div&gt;&lt;img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=110871" width="1" height="1"&gt;</description></item><item><title>re: And Yet the Sale of Countrywide is Going to Happen</title><link>http://www.mortgagenewsdaily.com/6262008_Countrwide_Lawsuits.asp#94623</link><pubDate>Thu, 23 Jul 2009 18:21:52 GMT</pubDate><guid isPermaLink="false">2bb7a989-b681-446d-a7f2-bd5f0562f228:94623</guid><dc:creator>Lani Holdt</dc:creator><description> We are currnet in our payments to countrywide!! they are just crooks!!!! We don&amp;#39;t have phone or tv so that we can pay our bills. We have no credit cards--it&amp;#39;s not extrevgance that put us in this position it is liras and cooks at coutrywide!!&lt;div style="clear:both;"&gt;&lt;/div&gt;&lt;img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=94623" width="1" height="1"&gt;</description></item><item><title>re: And Yet the Sale of Countrywide is Going to Happen</title><link>http://www.mortgagenewsdaily.com/6262008_Countrwide_Lawsuits.asp#94613</link><pubDate>Thu, 23 Jul 2009 18:02:29 GMT</pubDate><guid isPermaLink="false">2bb7a989-b681-446d-a7f2-bd5f0562f228:94613</guid><dc:creator>Lani Holdt</dc:creator><description> These people are crooks and scam artists. They have done the same thing to me and my husband. There should be a special place reserved in hell for people like this! Lani&lt;div style="clear:both;"&gt;&lt;/div&gt;&lt;img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=94613" width="1" height="1"&gt;</description></item><item><title>re: And Yet the Sale of Countrywide is Going to Happen</title><link>http://www.mortgagenewsdaily.com/6262008_Countrwide_Lawsuits.asp#91361</link><pubDate>Fri, 10 Jul 2009 17:56:31 GMT</pubDate><guid isPermaLink="false">2bb7a989-b681-446d-a7f2-bd5f0562f228:91361</guid><dc:creator>Andrea Jones</dc:creator><description>It&amp;#39;s easy for those who don&amp;#39;t know to try and blame homeowners for countrywides faults.  I signed a loan modification with countrywide.  However they never updated the info in their records even though I had been paying the whole time and sent me into foreclosure. A year and a half later they have researched THEIR OWN confirmation numbersand determined i was never in foreclosue and acknowledge they were in the wrong, they still refuse to report this info to the credit reporting agencies and have ruined my credit.&lt;div style="clear:both;"&gt;&lt;/div&gt;&lt;img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=91361" width="1" height="1"&gt;</description></item><item><title>RE:And Yet the Sale of Countrywide is Going to Happen</title><link>http://www.mortgagenewsdaily.com/6262008_Countrwide_Lawsuits.asp#8371</link><pubDate>Fri, 01 Aug 2008 11:00:00 GMT</pubDate><guid isPermaLink="false">2bb7a989-b681-446d-a7f2-bd5f0562f228:8371</guid><dc:creator>Mike</dc:creator><description>Countrywide sold me a home and land for $97,000. Except they didn&amp;#39;t have the title to the home.  Now I own a $30,000, acre lot with some one elses home on it. Add to the fact that I still owe $97,000 for a 1 acre lot. So, I own a $30,000 acre but owe $97,000, Unbelievable.  &lt;div style="clear:both;"&gt;&lt;/div&gt;&lt;img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=8371" width="1" height="1"&gt;</description></item><item><title>RE:And Yet the Sale of Countrywide is Going to Happen</title><link>http://www.mortgagenewsdaily.com/6262008_Countrwide_Lawsuits.asp#8368</link><pubDate>Tue, 22 Jul 2008 11:00:00 GMT</pubDate><guid isPermaLink="false">2bb7a989-b681-446d-a7f2-bd5f0562f228:8368</guid><dc:creator>dee</dc:creator><description>Countrywide is the most fraudulant company that I have ever dealt with from the underwritters on up.  They lied from the getgo just to get the deal with us.  The underwritters told us we would be paying one mortgage  amount and when we got the first statement it was more money.  I cannot wait to get out from under this comapny and they really need to get english speaking people that can understand you when they call you or you call them.  &lt;div style="clear:both;"&gt;&lt;/div&gt;&lt;img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=8368" width="1" height="1"&gt;</description></item><item><title>RE:And Yet the Sale of Countrywide is Going to Happen</title><link>http://www.mortgagenewsdaily.com/6262008_Countrwide_Lawsuits.asp#8370</link><pubDate>Fri, 11 Jul 2008 11:00:00 GMT</pubDate><guid isPermaLink="false">2bb7a989-b681-446d-a7f2-bd5f0562f228:8370</guid><dc:creator>ANONYMOUS</dc:creator><description>WE HAVE COUNTRYWIDE AND WE DONT HAVE A PROBLEM. IF PEOPLE WOULD STOP BUYING THINGS THAT YOU DONT NEED AND PAY YOUR BILLS, YOU WONT HAVE A PROBLEM PAYING YOUR MORTGAGE&lt;div style="clear:both;"&gt;&lt;/div&gt;&lt;img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=8370" width="1" height="1"&gt;</description></item><item><title>RE:And Yet the Sale of Countrywide is Going to Happen</title><link>http://www.mortgagenewsdaily.com/6262008_Countrwide_Lawsuits.asp#8369</link><pubDate>Wed, 02 Jul 2008 11:00:00 GMT</pubDate><guid isPermaLink="false">2bb7a989-b681-446d-a7f2-bd5f0562f228:8369</guid><dc:creator>Scrooged Myself</dc:creator><description>Give me a break.  We all new what we were getting into.  We just wanted the houses.&lt;div style="clear:both;"&gt;&lt;/div&gt;&lt;img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=8369" width="1" height="1"&gt;</description></item><item><title>RE:And Yet the Sale of Countrywide is Going to Happen</title><link>http://www.mortgagenewsdaily.com/6262008_Countrwide_Lawsuits.asp#8366</link><pubDate>Mon, 30 Jun 2008 11:00:00 GMT</pubDate><guid isPermaLink="false">2bb7a989-b681-446d-a7f2-bd5f0562f228:8366</guid><dc:creator>Anonymous</dc:creator><description>It&amp;#39;s time for cosumers to recieve some justice from state to state!!!&lt;div style="clear:both;"&gt;&lt;/div&gt;&lt;img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=8366" width="1" height="1"&gt;</description></item><item><title>RE:And Yet the Sale of Countrywide is Going to Happen</title><link>http://www.mortgagenewsdaily.com/6262008_Countrwide_Lawsuits.asp#8365</link><pubDate>Fri, 27 Jun 2008 11:00:00 GMT</pubDate><guid isPermaLink="false">2bb7a989-b681-446d-a7f2-bd5f0562f228:8365</guid><dc:creator>Marty</dc:creator><description>Where is Georgia in all this? Countrywide picked up HomeBanc, the state&amp;#39;s largest and most notorious lender. CW absorbed a company that wreaked with illicit practices and HomeBanc flaunted their size and ego to other mortgage lenders in Georgia. We all knew HomeBanc would someday slither into the darkness, and they found someone similar enough to accept and reward them. HomeBanc was a major part of the mortgage disaster in Georgia, and the only ones left suffering are their customers. I still hear realtors tell me, &amp;quot;Well, HomeBanc could have closed this one!&amp;quot;&lt;div style="clear:both;"&gt;&lt;/div&gt;&lt;img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=8365" width="1" height="1"&gt;</description></item><item><title>RE:And Yet the Sale of Countrywide is Going to Happen</title><link>http://www.mortgagenewsdaily.com/6262008_Countrwide_Lawsuits.asp#8364</link><pubDate>Thu, 26 Jun 2008 11:00:00 GMT</pubDate><guid isPermaLink="false">2bb7a989-b681-446d-a7f2-bd5f0562f228:8364</guid><dc:creator>al</dc:creator><description>Hey, don&amp;#39;t forget the loosening of appraisal standards. 

20 years doing this work, the bankers &amp;amp; brokers (or 95% of them) will not accept legitimate appraisals, only work made 
to order.
 
Don&amp;#39;t tell me they don&amp;#39;t know the appraisals were pure fraud, they have databases on all the appraisers and mortgage brokers which track their activities. 

The corrupt appraisers continue to work.  I still see new home builders selling homes at inflated prices, even in this market.
 
I wonder, why it is that two decades of honest work have not resulted in a boom of appraisal business for me?  
 
Brokers are still the same, and the 50% appraisal fees paid by the AMC&amp;#39;s mean its time to move-on.  
 
Imagine being a judge, but paid by only one party who is biased towards the outcome.  What incentive is there for pro appraisers to stay in this field, the crap rolls on, the jails should be full of crooks and I should be able to charge 2x as much, instead of half.  Strange, if appraisal is so easy, why are billions of dollars being lost? &lt;div style="clear:both;"&gt;&lt;/div&gt;&lt;img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=8364" width="1" height="1"&gt;</description></item><item><title>RE:And Yet the Sale of Countrywide is Going to Happen</title><link>http://www.mortgagenewsdaily.com/6262008_Countrwide_Lawsuits.asp#8363</link><pubDate>Thu, 26 Jun 2008 11:00:00 GMT</pubDate><guid isPermaLink="false">2bb7a989-b681-446d-a7f2-bd5f0562f228:8363</guid><dc:creator>Loie</dc:creator><description>and I am sure that they will find a way to blame the brokers for this.  This type of advertising comes directly from their retail operations or the outbound call centers.  I am tired of the entire country being punished for the sins of the Pay Option Arm and Subprime lending.  While the borrowers all claim ignorance as to what they were getting in to, the outbound call centers have some responsibility as well.  It wasn&amp;#39;t the brokers on this one!&lt;div style="clear:both;"&gt;&lt;/div&gt;&lt;img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=8363" width="1" height="1"&gt;</description></item></channel></rss>