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Countrywide FinancialCorp.'s Foreclosure practices are being investigated by the U.S. Trustee for the federal bankruptcy courts.
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Fast Facts:
- Two specific cases in Florida cited
- Issue is whether improper fees and charges are being added to the mortgage amount
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Countrywide Foreclosures Questions
What are the top 10 states with the highest foreclosure numbers or rates? 2 AnswersAccording to recent news, the highest forclosure rates are as follows: 10. OHIO, One in every 385 houses see forclosure 9. MARYLAND, One in every 384 houses se... read more
Was your last home a foreclosure deal? 1 AnswerNo, but it was real steal, unfortunately due to a divorce. We purchased it in 1999 at the bottom of the market here. I'm embarrassed to say how much it is wor... read more
How much a mortgage principle reduction should a bank offer to prevent foreclosure? 1 AnswerThere isn't a specific answer to this question, it depends on a few variables. The bank is going to assess how much is still owed on the mortgage, the current m... read more -
