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Did anyone see the San Diego fires?? Yes — that is exactly what is happening...

Submitted By Juan – in response to a post on LoanWorkout.org in regards to “the pending loan modification campaign” spearheaded by US Secretary Treasurer Henry Paulson. If all these homes were on...

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I might lose my home. My home!

Kelly Hansen WELLS FARGO, dba, AMERICAS SERVICING COMPANY TURNING THE AMERICAN DREAM INTO A NATIONWIDE NIGHTMARE My lovely home of seventeen years is up for a Sheriff’s sale on October 3, 2007. My...

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Facing Foreclosure With Chase

First let me thank Moe for this site, it is great! Where do I begin? In June of 05 we bought our second home. We did a 2/28 with a starting rate of 8.5. Not a great rate but it worked. Our payment was...

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Countrywide Gives Three Lucky Homeowners a Break With Loan Modifications

If anyone understands just how difficult it is to obtain a loan modification, they will tell you that getting one is almost like winning the lottery. The odds are severely stacked against you andÂ...

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Subprime Crisis or Stated Income Crisis?

Loose lending practices extended beyond subprime during the housing boom. Option ARMs accounted for up to 90 percent of the profits some lenders made in the hottest housing markets. Although option...

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Stimulus Plan to Include Housing Relief Provisions

Although exact details are lacking on the mortgage relief provisions of the economic stimulus package, we do know policymakers plan to use the FHA, Freddie Mac and Fannie Mae to pump life into the...

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Home Equity Loan Defaults on the Rise

Home equity loans and lines of credit are putting lenders in an even bigger pinch as the number of home equity defaults rises to record levels. Countrywide Financial Corp, the lender with the nation’s...

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Countrywide Foreclosure Assistance – I need help with Countrywide they are...

Countrywide Foreclosure Assistance – Homeowner story submitted by Jennifer   I have been dealing with Countrywide Home Loans since 10/07. I spend more time stressing than anything else these days....

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More Struggling Borrowers Decide to Quit Paying Mortgage

As home prices drop and mortgage payments rise, an increasing number of borrowers are handing in the keys to lenders and walking away from their mortgage. A new term has been coined for the envelopes...

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THIS IS THE WAY COUNTRYWIDE TREATS OUR MILITARY PERSONNEL!

A Homeowner trying to stop foreclosure with Countrywide – Patie Ann Ten yrs. ago, I purchased my 2nd house through Countrywide, because they were the “new home” lender and this was my 2nd new home....

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