Currently viewing the tag: "Countrywide"
Analysis of Recent Loan Mod Lawsuits Filed vs. Bank of America
December 18, 2010 by CULIK LAW
The New York Times reports that the attorneys general of both Arizona and Nevada have filed major fraud lawsuits against Bank of America, the largest mortgage servicer in the United States, for its failure to comply with loan modification requirements. The Nevada lawsuit claims that Bank of America misled vulnerable homeowners in numerous ways, including [...]
Continue Reading →More Mortgage Companies Being Sued for Predatory Lending (CNN)
October 8, 2009 by CULIK LAW
CNN reports that predatory lending lawsuits are increasing, and many homeowners are winning: “While many of these suits are still winding their way through the legal system, some banks have already settled for millions of dollars.” Defendants include some of the biggest names in the mortgage business — Wells Fargo, CitiMortgage, and Bank of America [...]
Continue Reading →From Mortgage Lending to Loan Modification
September 18, 2009 by CULIK LAW
Technorati Tags: Massachusetts,loan modification,Countrywide,mortgage Many of the mortgage brokers who helped get homeowners into unaffordable loans are now billing themselves as “loan modification” providers to their former clients, helping them mitigate the mortgage mess that they share the responsibility for creating. Now, former Countrywide executives have take this idea to a new level: they’ve formed [...]
Continue Reading →Emotional-distress claim allowed in suit against mortgage servicer Countrywide
September 8, 2009 by CULIK LAW
A federal magistrate judge has denied a mortgage servicer’s motion to dismiss a homeowner’s claims of emotional distress, ruling that claims for emotional distress are “actual damages” permitted under RESPA and the Fair Debt Collection Practices Act (FDCPA). In their claims, the homeowners seek actual damages, alleging that Countrywide Home Loans failed to properly credit [...]
Continue Reading →From the Denver Business Journal: Bank of America Corp. — owner of the former Countrywide Financial Corp., which in 2007 was Massachusetts’s biggest mortgage lender —is mailing letters to borrowers in Massachusetts and elsewhere who may be eligible for foreclosure relief. The program is part of an agreement the bank made with state attorneys general [...]
Continue Reading →Untitled Document "I cannot thank you enough for the stellar work you did on my Loan Modification. I tried it myself with no success. You were the expert I needed! You were friendly with me and relentless with the bank. You never lost patience nor spirit. You took it to every level necessary to win. AND WIN WE DID. The Modification you obtained cut over a thousand dollars from my monthly mortgage payment! I can keep my house!" Sincerely yours, Robert N.
CONTACT CULIK LAW | (800) 962 9570
