Do You Have A Loan Originated By Countrywide, Now Serviced By Nationstar?

anna17

LoanSafe Member
Nov 11, 2009
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You may stand to benefit from the Deutsche Bank settlement announced earlier this year. See this website for details:
https://deutschebankmortgagemonitor.com/about-the-settlement/

A lot of us former Countrywide folks missed out on the Bank of America settlement because the servicing on our loans had been sold by BoA to Nationstar. The double whammy was that many of these loans had been securitized by Deutsche Bank, whose servicing agreements placed major restrictions on loan modifications. DB was the source of many "the investor doesn't allow modifications" denials.

The details are still being worked out, but this could be good news for some of us who have thus far fallen through the cracks.
 
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Moe Bedard

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Thanks for posting this information for other members anna17. Way to pay it forward :)