Loan Modification Forum - LoanSafe.org - View Single Post - Home in Foreclosure due to CW error-Pls Help

Moe Bedard · 08-19-2008, 10:44 AM

Hi rmanning,

Welcome to the forum and thank you for joining..............

This is something that the real estate agent should be able to negotiate with Countrywide on your behalf.
Or you might have to consult with a Real Estate attorney to see if they can help you in anyway.

For now.........
Have the agent contact:
1-800-405-0078

Not getting your paperwork copies at the closing is an issue, however, one of the papers that were signed at the closing was the "Truth in Lending Disclosure Statement" and at the bottom of the document there are boxes that are checked right above the signature line that states that the loan may or will not have a prepayment penalty, so that would not have been deceptive, but the fact that you didn't get these copies is the issue, and it looks like you don't have time to QWR the file to get them.

Please keep us updated on how it goes.............

08-19-2008, 10:44 AM	#4 (permalink)
Moe Bedard Founder Join Date: Aug 2007 Location: Southern California Posts: 16,887 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Bayrock and countrywide, never disclosed pre pay pen. need help fast.... Hi rmanning, Welcome to the forum and thank you for joining.............. This is something that the real estate agent should be able to negotiate with Countrywide on your behalf. Or you might have to consult with a Real Estate attorney to see if they can help you in anyway. For now......... Have the agent contact: 1-800-405-0078 Not getting your paperwork copies at the closing is an issue, however, one of the papers that were signed at the closing was the "Truth in Lending Disclosure Statement" and at the bottom of the document there are boxes that are checked right above the signature line that states that the loan may or will not have a prepayment penalty, so that would not have been deceptive, but the fact that you didn't get these copies is the issue, and it looks like you don't have time to QWR the file to get them. Please keep us updated on how it goes............. __________________ Moe Bedard Founder LoanSafe.org "America's #1 Home Loan Forum" LoanWorkout.org "America's # Loan Modification Blog" Get My FREE Loan Modification E-Book \| Please donate to LoanSafe.org \| Loan Modification Training For Attorneys \| Rate Your Mortgage Servicer The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Here.