Hurricane Victims Claim Countrywide Broke threatening foreclosure

| No Comments | No TrackBacks
Countrywide made a promise to help homeowners struggling after Hurricanes Katrina and Rita, but is now reneging on that promise and cashing in on their hardship.  The company is slapping homeowners with interest and penalties and sending homeowners into foreclosure if they don't pay. 

CNN money profiled one family who's been victimized. A former Countrywide employee comes forward. Read more

For more info on Countrywide see earlier blog: 11 States and $8 Billion Settlement; Countrywide Foreclosures Suspended, Mortgages to be Modified

No TrackBacks

TrackBack URL:

Leave a comment

A memoir exposing the steep price consumers pay when facing mortgage servicing errors, inaccurate credit reporting, illegal debt collection practices, identity theft and weak consumer protection laws. THE BOOK » DENISE'S STORY »