Safe Loan Modification Service
Stop Foreclosure Now!
Don't Walk Away
Take The Survey

 


  
Go Back   Loan Modification Forum - Loan Safe > Real Homeowner Stories of Real People Trying to Stop Foreclosure and Get a Loan Modification > Countrywide Home Loans - Tell Us Your Countrywide Story

Countrywide Home Loans - Tell Us Your Countrywide Story Due to the OVERWHELMING amount of Countrywide Home Loan stories, issues and problems, we at Loan Safe thought it would be best to have an entire forum dedicated to tracking what Countrywide is doing to HELP struggling homeowners and how they are treating their customers. Good or bad, let your voice be heard and your story be known.

Reply
 
LinkBack Thread Tools Display Modes

Re: Mozilo on distressed borrower's appeal for help: "disgusting"
  #51 (permalink)   IP: 72.220.118.52
Old 05-28-2008, 08:05 AM
faith faith is offline
Senior Member
 
Join Date: Feb 2008
Posts: 383
faith has a reputation beyond repute
Re: Mozilo on distressed borrower's appeal for help: "disgusting"

Amykohl,
Did I spell that right? Don't feel bad, we are all in the same boat, victims of predatory lenders like CW and also unavoidable circumstances.

I have been dealing with CW since 2007 also when I put my house in the market doing Short Sale and 6 buyers backed out citing long process. I have listed it again for another 4 months, 3 offers came but one backed out citing long process and one minute they say it's approved, the next minute it's not approved, one minute they say CW will payoff the 2nd mortgage for $14k the next minute it's only $5k, I have learned later that MI wants to settle the short sale for $20k which I don't have, and I don't know if CW will be able to pay the 2nd mortgage for $20k, we offered to give the money I've received from the income tax which is $3000, told them I am planning to hire a bankruptcy lawyer but instead I am willing to give them this $3,000 but they kept us on hold for too long. It's like you're approved, NOT, by the way we changed our mind, you're again approved NOT! The listing expires on June 2, 2008 and I told my agent my heart is ready to foreclose this house.
I found out that if I do short sale, IRS will not forgive the forgiven debts unless I am insolvent and that the 2nd mortgage IRS will not forgive only the 1st mortgage and the loss we have in this house, IRS website stated that we can not claim as deductible.

Just prepare your heart, I know it's easy said and done, I am like in a rollercoaster too. This is very emotional, draining, difficult, frustrating and painful experience one can ever have. I will never ever wish it happen even to my worst enemy.

I don't know if this will help you or not, I don't call my Negotiator every day, I emailed him 1 or 2 times a week sending copies to Andrew Gissinger, the one who replaced Angelo Mozilo, and Lisa Riordan, Mark Elbaum, and other names Cat and Moe put in this site. When I do that, my Negotiator calls my agent and update him on our situation.

Guard your heart and mind, this experience is very unhealthy for both our body and soul. I pray that everything will be ok for you and the rest of us, the Lord is the only one who can help us. God bless you and your family and the rest of you.

Faith

Last edited by faith; 05-28-2008 at 08:08 AM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote

Re: Mozilo on distressed borrower's appeal for help: "disgusting"
  #52 (permalink)   IP: 72.201.38.35
Old 05-28-2008, 09:35 AM
amykohl amykohl is offline
Member
 
Join Date: Oct 2007
Posts: 25
amykohl is on a distinguished road
Re: Mozilo on distressed borrower's appeal for help: "disgusting"

fAITH,
Thank you, and I am very sorry as well that you have to go through this as well. Its been a very vey stressfull struggle and as you Know I dont wish Countrywide as a lender to anyone! I hope all goes well for you and family. Thank you for the kind words!
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote

Re: Mozilo on distressed borrower's appeal for help: "disgusting"
  #53 (permalink)   IP: 67.177.243.104
Old 05-28-2008, 10:13 AM
Cat Damiano's Avatar
Cat Damiano Cat Damiano is offline
Administrator & Chase Success
 
Join Date: Oct 2007
Location: Colorado
Posts: 8,253
Cat Damiano has a reputation beyond repute Cat Damiano has a reputation beyond repute Cat Damiano has a reputation beyond repute Cat Damiano has a reputation beyond repute Cat Damiano has a reputation beyond repute Cat Damiano has a reputation beyond repute Cat Damiano has a reputation beyond repute Cat Damiano has a reputation beyond repute Cat Damiano has a reputation beyond repute Cat Damiano has a reputation beyond repute Cat Damiano has a reputation beyond repute
Re: Mozilo on distressed borrower's appeal for help: "disgusting"

Amy,

Please don't post information you receive from a CW lending branch with their contact information.........this is from a broker for CW and has nothing to do with a modification.

This is not from the President's Office...........it is from a loan application that was filled out online for a refinance or loan.........
this really doesn't have anything to do with this thread..........
__________________
>Cat<
Email: Cat@loansafe.org


The LoanSafe Advocacy Group™

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. You should contact your attorney to obtain advice with respect to any particular issue or problem.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote

Re: Mozilo on distressed borrower's appeal for help: "disgusting"
  #54 (permalink)   IP: 72.201.38.35
Old 05-28-2008, 02:53 PM
amykohl amykohl is offline
Member
 
Join Date: Oct 2007
Posts: 25
amykohl is on a distinguished road
Re: Mozilo on distressed borrower's appeal for help: "disgusting"

sorry about that! I copied the wrong email to show. The one I was trying to paste to show was the email from Angelo Mozilo office, I am sorry about that. I am not the most computer Friendly with attachments and cut and paste. wont happen again sorry!
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote

Re: Mozilo on distressed borrower's appeal for help: "disgusting"
  #55 (permalink)   IP: 67.177.243.104
Old 05-28-2008, 03:05 PM
Cat Damiano's Avatar
Cat Damiano Cat Damiano is offline
Administrator & Chase Success
 
Join Date: Oct 2007
Location: Colorado
Posts: 8,253
Cat Damiano has a reputation beyond repute Cat Damiano has a reputation beyond repute Cat Damiano has a reputation beyond repute Cat Damiano has a reputation beyond repute Cat Damiano has a reputation beyond repute Cat Damiano has a reputation beyond repute Cat Damiano has a reputation beyond repute Cat Damiano has a reputation beyond repute Cat Damiano has a reputation beyond repute Cat Damiano has a reputation beyond repute Cat Damiano has a reputation beyond repute
Re: Mozilo on distressed borrower's appeal for help: "disgusting"

No problem...........

This thread is about the email that Dan received..........which came to him by mistake........

Almost everyone that is in the Success section has received emails from the President's office..........this was very different....
__________________
>Cat<
Email: Cat@loansafe.org


The LoanSafe Advocacy Group™

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. You should contact your attorney to obtain advice with respect to any particular issue or problem.

Last edited by Cat Damiano; 05-28-2008 at 03:07 PM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote

Re: Mozilo on distressed borrower's appeal for help: "disgusting"
  #56 (permalink)   IP: 71.105.59.106
Old 05-28-2008, 05:23 PM
padwors padwors is offline
Junior Member
 
Join Date: May 2008
Posts: 1
padwors is on a distinguished road
Re: Mozilo on distressed borrower's appeal for help: "disgusting"

When They Find Out How Cw Closed Loans That Should Not Have Been Closed By Area Managers And Branch Managers They Will Be Down For The Count.

Last edited by Cat Damiano; 05-28-2008 at 05:30 PM. Reason: removed information
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On

All times are GMT -7. The time now is 07:53 PM. Mark Forums Read | View Forum Leaders
Contact Us - Home Mortgage - Archive Privacy Statement Powered by vBulletin® Version 3.7.3
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.2.0 Copyright 2008 LoanSafe.org and MHL Pro Inc. All Rights Reserved. Home Loan, Loan Modification & Foreclosure Help Forum - Loan Safe

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50