- Report: #431460
Report - Rebuttal - Arbitrate
Complaint Review: Countrywide Financial Corporation
Countrywide Financial Corporation27001 Agoura Road, Suite 200 Calabasas, California U.S.A.
Countrywide Financial Corporation Is Licensed Under The Following, And Related Ronald A.Countrywide Financial Corporation Is Licensed Under The Following, And Related Ronald A. Refinance Screw Job Calabasas California
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New finance company calls several days later to close the loan and we all get on the phone in a conferance call myself, countrywide and new finance company..
Countrywide says i have two late payments on record and new company says that is one too many so the whole thing is cancelled and im left out in the cold..
This would have reduced my payments by over $450.00 a month and taken this insane mortgage insurance off the loan also you know the one that i have to pay the preminum costs but countrywide gets the money payoff from if i default on the loan and im left without a house even though im paying the insurance policy!!
Racketeering is what that crap used to be called now its perfectly legal !!!!
So im stuck with an $1800.00 a month payment and my income has been reduced to 2500.00 and below. my employer has laid me off for the winter and my wife is ill and cannot work i have a mentally handicapped son and debt coming out of my ears with no end in site and everywhere i turn all i get is sorry and it could be worse... Well so much for the government bail out !!! what a ripoff joke our government is !!! and that is the popular opinion of the masses!!!
This report was posted on Ripoff Report on 03/06/2009 12:03 PM and is a permanent record located here: http://www.ripoffreport.com/r/Countrywide-Financial-Corporation/Calabasas-California-91301/Countrywide-Financial-Corporation-Is-Licensed-Under-The-Following-And-Related-Ronald-ACo-431460. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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