I currently have an 80/20 mortgage with Countrywide. I am in good standing and have not been late on a single payment. I also have close to perfect credit and a great job. How can I take advantage of the bailout plans? My house has lost 20% of its values since I bought it last [...]

I have 4 properties- 2 investment, 2 residential. My main home is with WaMu and has a second with Countrywide. The mortgage person told me he could get a second on one of my investment properties that he refinanced, then I could use that cash to re-fi my main home, I would be able to [...]

We have our mortgage thru Countrywide Home Loans. We received out 1098 that shows the amount of mortgage interest we paid. However, part of our mortgage payment goes towards the escrow acct that then pays our insurance and real estate taxes. Will we get another form that shows what we paid or do I need [...]

I have a conventional home loan and one of the mortgage companies is countrywide. How will it effect me if countrywide goes bankruptcy????? what will happen?? Could I shop for another company to take over that loan for a better interest rate or add it with my abn amro mortgage???? Any lender that goes out [...]

There seem to be issues for Countrywide Home Loans and the "B" word seems to be surfacing in some news items and discussions. If something were to happen such as a lender going bankrupt, what happens to the mortgages? Would mortgages be sold off to other lenders and terms remain the same, effectively making the [...]

Does anyone have any idea as to the effect of AHM filing bankruptcy and what kind of effect it will have on the market as a whole? Countrywide released a statement yesterday afternoon and said they were doing away with Alt A Loan Programs. They will not buy these loans and they will not offer [...]

This has become crazy! I am currently over a year behind on a terrible arm mortgage with Countrywide and no matter what hoops I jump through with them they continue to give me the run around! What has happened to the billions of dollars given for this purpose? And what can I do to save [...]

…to people that could not afford them? Please prove me wrong by providing such a link. I actually LOVE being proved wrong. Also, if you canNOT provide the evidence, will you stop parroting the Faux News assertion? BTW, Countrywide went belly up due to bad mortgages and was bought out by Bank of America. es.erwin [...]

As we all know, they are facing bankruptcy. I am one of the last ones that they offered 100% financing with, and my terms are great, even other mortgages companies told me they cannot beat what Country Wide offered me. So what can happen to my loan if they go bankrupt? Also, should I try [...]

my son has been trying to sell his home in Dolton and has had three buyers but once they get past the appraisal and an offer is accepted Countrywide gives the buyrers such a run around they never get to a closing and the buyers give up. Is there anything he can do? Is there [...]