Hurricane Victims Claim Countrywide Broke Promises...now threatening foreclosure

By Denise Richardson on December 15, 2008 11:45 AM | 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

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