Old 07-23-2009, 04:06 PM   #1 (permalink)
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Countrywide loan

My in-laws have a house that they received when her brother died. They are now in their 70's living on social security. Countrywide let them have 2 mortgages on the house. Was that right, knowing they didn't have income. Now they still have a high payment, large balance, don't know if the appraisal amount would even be the amount owed.

Is there anything they can do? They can't keep it up.


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