Countrywide is raising millions by charging fees for refinancing your home and they have no intention of closing the deal. During the appraisal, they will so under value your property you will be in a reverse mortgage situation. Most will seek other mortgage companies or bank, however you will be out hundreds of dollars. Fees for running your credit, paperwork, and the appraisal fee. Don't waist your time. Go to another bank to refinance. Countrywide rates and fee will always be higher. And there customer service is terrible. The agents do not return your calls nor do they inform you on possible lower rates. Due to the financial troubles on Wall Street, they have no intention on giving you a good deal. They are only in this to make money off of you. They do not have your best interest in mind.
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