- Report: #76109
Report - Rebuttal - Arbitrate
Complaint Review: Countrywide Home Loans - full Spectrum Lending
Countrywide Home Loans - full Spectrum Lending400 Countrywide Way Simi Vally, California U.S.A.
Countrywide Home Loans, full Spectrum Lending ripoff! Deceptive fraud banking practices! Simi Vally California
*Consumer Comment: HELP!! ..I got papers on 8/17/04 letting me know CountryWide sold my home
*REBUTTAL Individual responds: loosing our home
*Author of original report: our mortage loan was paid in full
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On June 5th 2003 at 2am our house burnt down completely.
There is nothing left. We called countrywide homeloans and told them what happened. Countrywide told us that we were only covered for the amount of the mortage (which was around $62,000)and not for the house or contents. We were being charged $74.00 a month for this insurance. We were also told that no more payments were required from us because the insurance was taking over.
It is now Dec 29th 2003 and they are still charging us mortage payments and insurance payments. We are not the only ones that believed what they said in that letter. We were told by the inspector that came that he saw other people who were left homeless sitting on door steps with no place to go. These Mortage Companies are defrauding people and getting away with it. I would like to get a class action suit going.
This report was posted on Ripoff Report on 12/29/2003 11:33 AM and is a permanent record located here: http://www.ripoffreport.com/r/Countrywide-Home-Loans-full-Spectrum-Lending/Simi-Vally-California-93065/Countrywide-Home-Loans-full-Spectrum-Lending-ripoff-Deceptive-fraud-banking-practices-S-76109. 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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