According to a NYTimes article, the Countrywide Financial Corporation fabricated documents related to the bankruptcy case of a Pennsylvania homeowner, raising new questions about the business practices of the giant mortgage lender at the center of the subprime mess.
The emergence of the fabricated documents comes as Countrywide confronts a rising tide of complaints from borrowers […]
Countrywide ‘Recreating’ Documents in Bankrupty Court
January 7th, 2008 · No Comments
Tags: Foreclosure Information · Foreclosure Statistics · Mortgage Litigation · Mortgage Scams
Just what is a predatory mortgage?
November 27th, 2007 · No Comments
There has been much talk about predatory lending and how unscrupulous lenders have been taking advantage of unknowing homeowners. In general, the tendency is always to blame the home owner “.. should have read what they were signing..”, unfortunately sometimes people just do not know any better. Here is an example of how one person […]
Tags: Foreclosure Information · Mortgage Scams