We applied to Countrywide for their loan modification program as we have a sub prime mortgage and our 6.125% lortgage has skyrocketed to 10.75%. We can barely afford our mortgage. It recently dropped to 9.75%. We applied in June, we were asked to submit a lot of information the bank along with 2 ...
We owe $423,000 on our primary home which is appraised for $195,000. We owe $265,000 on our rental which is appraised for $109,000. We received a notice in Dec stating our primary residence payment would go up from $2460 to $2730. I contacted Countrywide and asked for a modification for our primary ...
Countrywide broke truth in lending act! I was never told nor did I sign anything about Texas A-6 laws. I am not late on this ARM but they will not even refiance there own loan. I am looking for some legal help on this I have plenty of paperwork or should i say lack of paperwork on there side about ...
I have been assisting a friend in handling his home in foreclosure. After two home listings, the second listing expired without a sales offer due to the retention departments unwillingness to let us price reduce aggressively with the down turns in the market. To add injury to insult, we were told ...
After my husband lost his job for 5 moths, we tried to work out a deal with Countrywide to avoid foreclosure. When we were told that the owed amount will be re-finance and put at the end of the loan we were relief. After following their instructions and sending the required money amount to put our ...
Did a re-finance on the phone with Countrywide on 7/16. Thought I was getting a 30 year fixed rate loan with a 5 year interest payment only. When paperwork arrived - it said mortgage was an ARM. (I had just taken a mortgage (thru Quicken) a little over 1 year ago - to get out of an adjustable rate ...