Countrywide Home Loans, Loan Modification Scam CLASS ACTION SUIT! Loan Modification entered into then cancelled Simi Valley California

I would like to begin a CLASS ACTION SUIT against Countrywide Home Loans, and their subsidiarys. This company is acting fraudulantly and denying homeowners their housing rights.

The CLASS ACTION SUIT needs to consist of homeowners that have entered into LOAN MODIFICATION AGREEMENTS with this lender.

My story is below:

I fell behind on my payments in October 2007 due to family illness and other hardships. I requesed a loan modification in February of 2008 to come current on my mortgage payments. I was told that I was pre-approved for a loan modification. I kept weekly contact with the lender until May 2008 when it seemed as though I was getting no where.

I then hired a "modification company" to get the loan modification to go through. They were having issues with Countrywide Foreclosure department as well. In August, the company I hired was told that the modification had been denied. After hearing this, I was frustrated. I called Countrywide on my own and was told the same.

However, a week later, I received loan modification documents in the mail. I quickly put together the $6000 to send the signed and notarized paperwork back to the company. The paperwork stated that my first payment would be due on October 1, 2008.

On September 30, 2008, I overnighted a payment for the month. This payment was sent back to me on October 20. The payment came back with a letter stating that the funds were insufficient to bring the loan current. I called Countrywide and was told to re-send the payment. I did so, and again it was rejected. I have been going through this process with them now since them.

Recently they have told me that the loan modification was cancelled. I have called them on the acceptance of the funds and that they accepted these monies and entered into a legally binding agreement with us. They are now telling me that they can offer us no assistance and will continue to persue the foreclosure avenue.

I need others homeowners in the same situation, win or lose. We need to come together and put a stop to Countrywide's FRAUDULENT bu8siness practices.

Kristen
Bound Brook, New Jersey
U.S.A.