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Loan Modification

: Mortgage Lender Implode-o-Meter

Fannie?s Cozy Ties to Countrywide

By Implode-Explode Heavy Industries

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"The Obama Administration managed to move financial regulatory reform in July with almost no mention of Fannie Mae and Freddie Mac, a feat that could be likened to cracking down on fast food without mentioning McDonald's. But the latest revelations about the federally backed mortgage giants could give even the most hardened everyone-deserves-a-house-they-can't-afford Democrat pause."

Full post as published by Mortgage Lender Implode-o-Meter on August 18, 2010 (boomark / email).

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Lawsuits and Settlements

Countrywide Financial Corp
Served with Two Lawsuits

Countrywide Financial Corp.
allegedly charged borrowers improper foreclosure fees.

Countrywide
Faces Class Action over Strong-Arm Tactics used to Intimidate Appraisers

KB Home and Countrywide Financial Corp.
allegedly conspired with appraisers to boost housing prices as the market crashed.

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