mike1981

Countrywide: The Lender Who Helped People Save Their Homes

Recent political pressure in the form of proposed bankruptcy law changes that would force lenders to accept loan modifications in connection with homeowners filing Chapter 13 bankruptcy may be having an influence on Countrywide's position.

The recent protests against Countrywide around the country by consumer activists (NACA & ACORN) may also be having an effect on Countrywide's attitude adjustment.

The proposed Federal class action lawsuit against Countrywide filed in Massachusetts alleging race discrimination might also be contributing.

I wonder if Countrywide is simply just posturing to take the heat off it and the industry?

For links to additional information on the above, see HomeEquityTheft.blogsp...

Countrywide: The Lender Who Helped People Save Their Homes

Recent political pressure in the form of proposed bankruptcy law changes that would force lenders to accept loan modifications in connection with homeowners filing Chapter 13 bankruptcy may be having an influence on Countrywide's position.

The recent protests against Countrywide around the country by consumer activists (NACA & ACORN) may also be having an effect on Countrywide's attitude adjustment.

The proposed Federal class action lawsuit against Countrywide filed in Massachusetts alleging race discrimination might also be contributing.

I wonder if Countrywide is simply just posturing to take the heat off it and the industry?

For links to additional information on the above, see HomeEquityTheft.blogsp...

What's the Problem with Real Estate Short Sales?

For a way for homeowners to minimize the income tax effect on real estate short sales, check out the following blog post at The Home Equity Theft Reporter:

Dodging The Income Tax On Foreclosure & Real Estate "Short Sales", link at:

HomeEquityTheft.blogsp...

Mike Morris