Comments on: $8.4 Billion Countrywide Settlement http://www.foreclosuretruth.com/blog/sean/84-billion-countrywide-settlement/ Tue, 27 Jul 2010 17:07:33 -0700 http://wordpress.org/?v=2.8.5 hourly 1 By: dallas refinancing http://www.foreclosuretruth.com/blog/sean/84-billion-countrywide-settlement/#comment-14430 dallas refinancing Sat, 10 Jul 2010 23:47:52 +0000 http://new.www.foreclosuretruth.com/?p=374#comment-14430 Denton Apartments | Moving Before the Economy Recovers A good cause for pause is deciding whether to rent or buy. In the current economy, some people think renting is best because it affords time to save, assess and make a composed decision. But buying also has advantages. Home prices are extremely low. .... Denton Apartments | Moving Before the Economy Recovers A good cause for pause is deciding whether to rent or buy. In the current economy, some people think renting is best because it affords time to save, assess and make a composed decision. But buying also has advantages. Home prices are extremely low. ….

]]> By: Nic http://www.foreclosuretruth.com/blog/sean/84-billion-countrywide-settlement/#comment-5231 Nic Sun, 14 Feb 2010 23:59:20 +0000 http://new.www.foreclosuretruth.com/?p=374#comment-5231 You are claiming that 125,000 people with loans or had loans through countrywide will receive around 28,000 in the settlement...but it states a minimum payment of less than 1,200 and will go up depending on sent in their claim forms. Did you forget attorney's fees? I don't think it will be anything close to that amount, and although some should receive the help, I believe you are giving false hope. You are claiming that 125,000 people with loans or had loans through countrywide will receive around 28,000 in the settlement…but it states a minimum payment of less than 1,200 and will go up depending on sent in their claim forms. Did you forget attorney’s fees? I don’t think it will be anything close to that amount, and although some should receive the help, I believe you are giving false hope.

]]> By: LJ http://www.foreclosuretruth.com/blog/sean/84-billion-countrywide-settlement/#comment-2553 LJ Thu, 10 Sep 2009 22:54:00 +0000 http://new.www.foreclosuretruth.com/?p=374#comment-2553 <p>I received a mod from C/W that is 3.5% on a $920K loan with a house worth $500K! It goes up in two years to 4.5 and then in two more years goes up to 5.5%. And my wife and I are on SS!!!! And they modified it without including the taxes which run $10K per year. Its a train wreck.</p> I received a mod from C/W that is 3.5% on a $920K loan with a house worth $500K! It goes up in two years to 4.5 and then in two more years goes up to 5.5%. And my wife and I are on SS!!!! And they modified it without including the taxes which run $10K per year. Its a train wreck.

]]> By: Cheap Domain Names http://www.foreclosuretruth.com/blog/sean/84-billion-countrywide-settlement/#comment-2573 Cheap Domain Names Wed, 12 Aug 2009 11:24:00 +0000 http://new.www.foreclosuretruth.com/?p=374#comment-2573 <p>The real estate market can turn around quickly as buyer confidence returns and the pure diminishing supply vs. growing pent-up demand, real estate will lead us out of this recession just as "greed" related to real estate led us into it. 5 years may very well be enough time for everyone's equity to become positive.</p> The real estate market can turn around quickly as buyer confidence
returns and the pure diminishing supply vs. growing pent-up demand,
real estate will lead us out of this recession just as “greed” related
to real estate led us into it. 5 years may very well be enough time for
everyone’s equity to become positive.

]]> By: Edward Peckham http://www.foreclosuretruth.com/blog/sean/84-billion-countrywide-settlement/#comment-2572 Edward Peckham Mon, 03 Aug 2009 18:32:16 +0000 http://new.www.foreclosuretruth.com/?p=374#comment-2572 <p>We are entering a new phase in the foreclosure market. Banks now have an inventory of home loans which are in default of about 3 years. That means we will have this housing foreclosure problem for another 3 years. Many of the loans which are in default are not being added to the inventory on the market because the banks don't want to drive the prices down any further. Time is on their side. They got their bail out and now have the money to wait out the return of the market. Now is the best time to start working with the banks on modifying your loan. If you are upside down or behind in your payments, call you lawyer right away. Get things moving. Don't wait. You may be one of the few who can acutally save your home if you move quickly.  </p> <p>My law firm has a very high success rate in modifying loans. We don't take NO for an answer. We work the bank until we get the terms we want, not the ones they are willing to GIVE us. Call us. </p> <p>Si Se Puede Yes We Can Legal Services</p> <p>805-349-3866</p> We are entering a new phase in the foreclosure market. Banks now have an inventory of home loans which are in default of about 3 years. That means we will have this housing foreclosure problem for another 3 years. Many of the loans which are in default are not being added to the inventory on the market because the banks don’t want to drive the prices down any further. Time is on their side. They got their bail out and now have the money to wait out the return of the market. Now is the best time to start working with the banks on modifying your loan. If you are upside down or behind in your payments, call you lawyer right away. Get things moving. Don’t wait. You may be one of the few who can acutally save your home if you move quickly.  

My law firm has a very high success rate in modifying loans. We don’t take NO for an answer. We work the bank until we get the terms we want, not the ones they are willing to GIVE us. Call us. 

Si Se Puede Yes We Can Legal Services

805-349-3866

]]> By: club penguin http://www.foreclosuretruth.com/blog/sean/84-billion-countrywide-settlement/#comment-2571 club penguin Mon, 08 Jun 2009 08:57:00 +0000 http://new.www.foreclosuretruth.com/?p=374#comment-2571 <p>The real estate market can turn around quickly as buyer confidence returns and the pure diminishing supply vs. growing pent-up demand, real estate will lead us out of this recession just as "greed" related to real estate led us into it. 5 years may very well be enough time for everyone's equity to become positive.</p> The real estate market can turn around quickly as buyer confidence
returns and the pure diminishing supply vs. growing pent-up demand,
real estate will lead us out of this recession just as “greed” related
to real estate led us into it. 5 years may very well be enough time for
everyone’s equity to become positive.

]]> By: Printing Software http://www.foreclosuretruth.com/blog/sean/84-billion-countrywide-settlement/#comment-2570 Printing Software Fri, 15 May 2009 06:46:00 +0000 http://new.www.foreclosuretruth.com/?p=374#comment-2570 <p>The deal is good for nothing. There isn't nearly enough to go around.</p> The deal is good for nothing. There isn’t nearly enough to go around.

]]> By: Work At Home http://www.foreclosuretruth.com/blog/sean/84-billion-countrywide-settlement/#comment-2569 Work At Home Sun, 10 May 2009 21:16:56 +0000 http://new.www.foreclosuretruth.com/?p=374#comment-2569 <p>Mortgage loans has become more like a race among bankers and other competitors these days. That is why they approve the loan even for bad credit people. If you know that they don't have good credit payment records and pretty sure that they are not going to pay you as well, why you want to loan him? It is a simple management fault that runs a big loss in billions of dollars. I'm guessing it is trillion.</p> Mortgage loans has become more like a race among bankers and other competitors these days. That is why they approve the loan even for bad credit people. If you know that they don’t have good credit payment records and pretty sure that they are not going to pay you as well, why you want to loan him? It is a simple management fault that runs a big loss in billions of dollars. I’m guessing it is trillion.

]]> By: Arthur in Lakeland Florida http://www.foreclosuretruth.com/blog/sean/84-billion-countrywide-settlement/#comment-2568 Arthur in Lakeland Florida Thu, 23 Apr 2009 20:14:34 +0000 http://new.www.foreclosuretruth.com/?p=374#comment-2568 <p>I agree with the above poster "Ed Peckhad"...I was recently having a extensive discussion with my neighbor a couple weeks ago, and he apparentyl had underwent a loan modification.  He was literally forced, as the poster said, to be locked into an agreement that initially looked extremely enticing, however after neglected details were uncovered, was actually just not financially feasible for him and his family.  It is regrettable that such seemingly "professional" services can be so misleading.  Dissappointing, and quite frightening.  Thanks...</p> I agree with the above poster “Ed Peckhad”…I was recently having a extensive discussion with my neighbor a couple weeks ago, and he apparentyl had underwent a loan modification.  He was literally forced, as the poster said, to be locked into an agreement that initially looked extremely enticing, however after neglected details were uncovered, was actually just not financially feasible for him and his family.  It is regrettable that such seemingly “professional” services can be so misleading.  Dissappointing, and quite frightening.  Thanks…

]]> By: edward_1 http://www.foreclosuretruth.com/blog/sean/84-billion-countrywide-settlement/#comment-2567 edward_1 Fri, 13 Feb 2009 19:30:36 +0000 http://new.www.foreclosuretruth.com/?p=374#comment-2567 <p>If you have a loan which was obtained between 2001 and 2007, there is a good liklihood that the original note has been sold overseas and lost or destroyed. These securized loans violate SEC laws and open the door to persons who are in default on their loans to get them modified under reasonable terms. If you are interesed in having a lawyer help get that modification send me an e-mail at <a href="mailto:edward@peckhamlaw.com">edward@peckhamlaw.com</a> and I will have my staff contact you for further communications. I am the lawyer for Se Si Puede Yes We Can America Legal Servics and we use law based influences against the lenders to help our clients modify loans. </p> If you have a loan which was obtained between 2001 and 2007, there is a good liklihood that the original note has been sold overseas and lost or destroyed. These securized loans violate SEC laws and open the door to persons who are in default on their loans to get them modified under reasonable terms. If you are interesed in having a lawyer help get that modification send me an e-mail at edward@peckhamlaw.com and I will have my staff contact you for further communications. I am the lawyer for Se Si Puede Yes We Can America Legal Servics and we use law based influences against the lenders to help our clients modify loans.

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