CountryWide foreclosed on our home in TX and refused to work with us. We DID pbtain a loan modification. My husband was tired of their mishandling of payments and started sending our payments via Western Union—suddenly, they were posted on time! We were 3 days late and they started foreclosure proceedings. Yep, we were foreclosed on due to my husband absolutely refusing to file bankrupcy—he is "morally against this". Me, I'd have filed in a New York minute. We got behind due to medical bills and reduced income as a result of sickness. Countrywide got our home of 12 years which is on a bit over 5 acres. They have it on the market for $15,000 LESS THAN OUR LOAN PAYOFF AMOUNT. It's a shame that the government can't help all us Americans who have LOST our homes. We are now living in a small 900 sq ft rental property. Was told it would be three years B4 we could even think about buying another home; even if we could possibly come up with a down payment. Our lives have taken a downhill pace with no end in sight. I have been looking for a job since September without receiving even one interview. Why, do you ask? Probably because I'm 55 - no one seems to want an "old person" on the payroll here in the DFW area. My advice is If you have a Countrywide/BOA adjustable mortgage; get out of it as soon as you can! They WILL take your home and are a really shifty, bottom-sucking company! Good Luck to all of you reading this post. 12-18-08
Mrs. No Homeowner Anymore in TX
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