Countrywide Success!

[Moe Bedard]

Thats great news sswiz. I got your emails and figure we might as well keep our discussions public so everyone learns.

You said you were approved for a refinance also with Indymac. Is the refinance a better deal or is your loan mod? Meaning better rate and fees etc?

[elpjohnson]

That's great news sswiz! Congratulations!

[Andrew]

Yes much better rate 6.5% fixaed for 30 yrs. MY ltv is 80%. IM finally approved with indymac. Brian I have a question if i sign those papers with countrywide will that screw me up with rescinding the loan that we talked about. If so how would i go about rescinding the loan with countrywide with the violations you found?

[Moe Bedard]

sswiz, I am not sure if Brian has seen this thread but I have been involved in many of these and when I worked at the law firm. Every single loan modification had a clause that said that by agreeing and signing to the loan mod, that you cannot bring suit against them in the future. So, essentially when you sign it, you give up all rights to legal recourse against your lender for anything. Fraud, TILA, everything.

If you rescind successfully that 80% may go down to 70% and you would be in a much better spot. But, nothing is guaranteed. We'll see what Brian says.

[atrombley1]

Originally Posted by sswiz

You will never believe this Angelo Mozilo's office called me, lol. The lady i spoke to was very sympathetic. Gave me everyones direct numbers and called all them while I was on the phone and left messages on my negotitors voicemail and her supervisors voicemail. I could hear everything being said since I was on conference. I wonder what will happen now. Also this lady said no my file wasnt closed out. And its weird cause now I cant access their website again. I wonder if the letters I emailed, faxed and mailed yesterday had anything to do with it. I sent them to Angelo Mozilo, all the board members, most execs within countrywide, ca attorney general, pa attorney general, bbb, 995hope, naca, acorn, vice president of the us, my senator and congressman, ny attorney general.

Can you post the letter that you sent to everyone or would you be willing to email me them? I'm about to take the next step and start with letters but I'm not sure what to say or were to send them?

[Andrew]

Orignally i sent a RESPA letter back in dec. Pretty much the same as that other members with the phone call log. That really didnt do anything i dont think. The letter i sent the other day did i think cause i sent it to all different email addresses some are below others were faxed and letters nextday air
pressroom@countrywide.com, david_bigelow@countrywide.com, angelo_mozilo@countrywide.com, chris_oltmann@countrywide.com, vice_president@whitehouse.gov, OCIP@do.treas.gov, customer_service@countrywide.com, service@naca.com

I originally took out a mortgage which was a 2/28 arm which adjusts come Feb. 1 2008 and my payment will go up 500+ dollars. Countrywide owns the loan. In October I had applied for a loan modification to fix my current rate for a certain set of time, because my wife went out of work last January due to medical reasons resulting from a twin pregnancy. The twins were born on XXXXXXXX but my wife has been unable to return to work fulltime (she only went back one day a week since child care would cost to much) I have made numerous phone calls to check status and kept on being told to call back in one week. I have phone logs to prove if you need them. Then every time I called they would ask for updated financials and I kept on telling them that it’s the same and my position didn’t change since I applied. Then when I called today 1/2/2008 A women with an attitude answered (she wouldn’t supply name but was in the workout dept) and said my file was declined and closed because financials were never updated. Meanwhile every week they asked for updated financials and I supplied it which has been the same since I started in oct. The phone call I made on dec 31st asked for updated financials too and John the representative told me my negotiator would call me today. But when I called today they said they had sent a request on the 31st to reopen my acct and it would be sent to another negotiator and start all over. I can’t wait another 3 months for this my rate adjusts Feb. 1st. I’m in a complete depression over this now. BTW I have been sending faxes and letters after each telephone call like my attorney has stated to do. Also my attorney has pointed out TILA violations and RESPA violations. Which enable to rescind the loan if I would like within 3 yrs instead of 3 days. I even asked about the President Bush proposal on loan modification for 5 yrs and was told it was joke.




P.S. This was fowarded to BBB, Vice President of US office, PA attorney General, CA ATTORNEY GENERAL, NACA, NY ATTORNEY GENERAL, MY CONGRESSMAN, FTC, ACORN, 995-HOPE, & LOCAL NEWS MEDIA



THANK YOU,

[Moe Bedard]

Good stuff sswiz!

[Andrew]

The press room just called, david whiteheads office. They said my acct is being monitored now because of the letter I wrote and they want to make sure everything arrives in a timely manner on the modification and is to my satisficiation. The lady promised to call me back tomorrow and gave me her direct line. Wow i cant believe all the phone calls.

[Andrew]

No joke I have received 4 different calls today from countrywide. Thats more then I ever received throughout this dilemma.

[Andrew]

ok my new bill dropped and I downloaded it, look at this part at adjustable date i wonder if i dont have to sign anything?
Loan Type and Term

Loan Type 30 Yr Adj Rate Mtge
Current Interest Rate 8.29%
Contractual Remaining Term 28 Years, 1 Months

Upcoming Dates

Adjustable Rate Mortgage (ARM) Change 03/2013

[momof3boys]

I just want to jump in SSWIZ and give you a HUGE congrats!!!!!

[Andrew]

thank you momof3boys. I'm a dad of twin boys who are seven months old. It's crazy

[Moe Bedard]

Looks like they fixed it for 5 years. They will definitely make you sign and notarize.

[californiagrape]

http://www.hud.gov/offices/hsg/sfh/res/reslettr.cfm

for the rest of us wondering what the Section 6 RESPA letter was..

this is FHA/HUDs official website example of this letter.

Good Luck to all!

[Andrew]

If you go back an read some of posts I have been worried about my mortgage for a while now. I had originally called in August and asked about it but was told since im not late they couldn't do anything. Then in October when I called again I was told that I could apply. After months and who knows how many hours on the phone (I luckily had the time to make all the phone calls or I would have probably used Brians Loan Mod service otherwise) I was finally approved for a 5 yr freeze on mortgage. This site along with the Help of Brian Korte reviewing my docs helped me tremendously. I even had to go as far as threaten to rescind my loan and send respa letters with the violations Brian had found. I really am very grateful of Moe for this site and Brian for his wisdom and guidance. I feel very stress free right now. I will be staying on this board to help others who were in my predicament too. THANKS AGAIN MOE AND BRIAN!!!!

[Andrew]

This is current bill look at adjustment date now

Home Loan Details

Monthly Payment Breakdown as of 01/02/2008 Loan Type and Term
Principal and Interest Payment $XXXX.XX
Total Monthly Home Loan Payment XXXX.XX

Loan Type 30 Yr Adj Rate Mtge
Current Interest Rate 8.29%
Contractual Remaining Term 28 Years, 1 Months

Upcoming Dates

Adjustable Rate Mortgage (ARM) Change 03/2013


We may charge you a fee for any payment returned or rejected by your financial institution, subject to applicable law.

[Moe Bedard]

That's awesome news sswiz.

OK, ladies and gentleman, sswiz is one of the first people to visit my blog when I fist started it 7 months ago and also a member of this forum from the beginning. He has been fighting Countrywide for 7 months, trying to get help and he never gave up. He was never late on his mortgage, but it had reset and was unfordable.

With new twins and more bills, he knew he had to get Countrywide to modify his loan.

This just show that with time, tenacity, persistence and good old fashioned "will power", you accomplished saving your home. Also now, you have peace of mind in a place where we all should feel calm and safe, our homes.

Congrats sswiz. I truly appreciate the help you have been around here from day 1 and I hope you stick around and help others in their plights and fights!

[Brian K.]

Thank you for the letting us help you. Although you have given Moe and I much credit, I truly believe that it was your letter to Vice President of United States of America, Dick Chaney, that did the trick (for those reading this post--he really did it).

Again, a very big Congratulations on winning!

[Andrew]

I did actually receive a personlized email back from my congressman. Also received a response from the FTC.

[evel1999]

That is great news. So glad you finally got everything worked out with Countrywide on your loan modification. Congratulations

[Andrew]

Received an apology letter and loan mod via fax from countrywide office of the president. Secretory of Mozilo called and asked if they can fax along with mail the documents. Maybe tomorrow ill send moe and email with the scanned letters to post.

[Moe Bedard]

That is too great sswiz! I'll post that letter today as soon as I get through these posts and help some of these homeowners.

[momof3boys]

sswiz - I was wondering how you got all the execs and board members names and addresses for countrywide? I have been searching for those people for homeq and I can't seem to find anything...I am going for your tactic, of emailing, faxing and mailing everyone a qwr letter about the details of my loan mod, why it was denied, etc..

[californiagrape]

HomeQ Servicing Corp: (a subsidiary of Wachovia Bank) www.themoneystore.com - per the 2006 version of the Lane Guide.

i hope this helps.. Loss Mit: 866-822-1471

Good Luck

[momof3boys]

Thanks California, but I believe they are no longer a part of Wachovia....It's like this compay doesn't even exist....I google for info, and I cant find anything that is current, ugh!