Countrywide said that the housing market won’t recover until at least 2009. Stocks lost major ground again–falling 311 points. Many homeowners are facing reality in terms of higher interest rates, mortgage payments and a record number of home foreclosures–not to mention a glutton of unsold homes on the market. Is this what Bush meant by [...]
Category Archives: home mortgage countrywide
Is the subprime mortgage meltdown a sign of things to come?
Making a mortgage deal with Countrywide..?
I live in Atwater, CA. and home prices have gone down just like everywhere else. My family moved to this house in jan. of 2006, we paid 260,000.00 for the home. we pay 1,600 each month, my parents don’t think that it is in their best interest to continue making such a big payment on [...]
Can I switch to a different mortgage company?
I purchased my home about 4 1/2 years ago through a local mortgage company. They sold my loan to Countrywide. I HATE Countrywide. I can never talk to an actual person when I try to call them. I just want to switch to a different company. Can I do this? Any recommendations? pay it off [...]
Why doesn’t Countrywide Home Loans turn around and help these people they gave loans to?
It was their fault for qualifying them in the first place. They could at least turn the tables and help them out by reducing the mortgage rate so they can make payments. Wouldn’t a steady stream of money coming in be better then not having any money coming in? The company is going bankrupt all [...]
How can I find out if my home loan is backed by Freddie Mac/Fannie Mae , currently it is held by Countrywide?
Would like to know where I could obtain this information as I heard that some mortgages are held by one company but could be back by Freddie Mac or Fannie Mae. Countrywide refused to tell me who owns my loan too. Here’s how you do it on your own. There is an inquiry form at [...]
Why do people choose to separate mortgage, prop tax, insurance payments?
Why do some people choose to separate their mortgage, property tax, & home insurance payments and pay all separately to the mortgage company, municipality, and insurance company instead of paying the lender (such as Countrywide) one escrow payment and letting them pay the bills separately? It seems easier to pay one bill instead of 3, [...]
Has anyone else had problems with Countrywide Mortgage company being sneaky and dishonest?
I have a mortage with them, and I got a very good deal on my house. I went to refinance after a year to get a better interest rate and they had snuck into the contract that if I tried to refinance before a two year timeframe that I’d have to pay this HUGE early [...]
Can you buy a mortgage without living in the state that property is located in?
I live in Miami but want to purchase a home in San Antonio, Tx. I wouldnt be moving there any time soon since I stil have to finish my school program. I intend on buying and renting out until I decide to make the big move in like a year or 2. I recently found [...]
Can you check my gramma about this permission letter please?
I want to give my friend, a real estate agent full permission to access and pull out my mortgage loan to see how much I own something like that. Dear Countrywide Home Loans Bank, We are the property owner of ….hereby grant full permission to Ms. Lancy to have all related information of our home [...]
Countrywide Cut My Door Knobs Off?
A foreclosure in the State of: Arkansas I was informed today by Countrywide Mortgage that they cut my door knobs off and changed locks on my vacant home back in February. I asked them when they were going to notifiy me or the realtor who has had the listing for the past year. She could [...]