Countrywide Mortgage
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1 stars | | (12) |
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Category: Business & Finances
Contact Information United States
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Countrywide Mortgage Reviews
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October 4, 2007
Bogus advertising
I have emailed Countrywide three times on this issue and the only after I heard that they were an issue in the news for their poor business practice. I refinanced my house with them based on a mail_in that stated that I would be able to qualify for a $250K with a payment in the $700 range. I applied and they gave me an interest rate and payment that was not what I was expecting. I brought the subject of the mailed offer and they told me that that was old and didn't apply anymore.
What could I do... I needed to refi for a cash out for a business investment.
While we were waiting for the paperwork to be processed, I got the same mailed offer as earlier. I told them about it and they said, "sorry."
Now that I have heard about their over aggressive practices with getting people to into their grasp, I complained and I'm complaining now, to you, to see if there is anything I can do about this. I only refi'd for $145K with a payment that is around $970. Over a thousand with other fees. Can you help me with this or direct me to a consumer advocate to address this with Countrywide. I am sincere and I did email them three times with no answer. I even filled out their survey with negative responses without a reply.
Thank you, William Harvey
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June 21, 2007
Unorganized company
I have a complaint against Countrywide Mortgage.I live in Southeast Texas which was the area directly hit by hurricane Rita in September 2005. While we were evacuated I called Countrywide and notified them of what was going on and they suspended our payments until January 2006. We then began our regular payments as advised in January, and months later we were notified by Countrywide Mortgage that we now needed to pay them back for the three months we did not have payments. Countrywide then set up a repayment plan that began with a payment of $800 and the for the next six months we paid $650.05. Our regular monthly payments are usually $450.00. We made all payments to the exact amount and on time as advised. We finished the repayment plan in April 2007. At that time I was told our regular payments would began again in May, so I made our regular payment in May and then again in June,all payments are now current. The problem is ever since I finished the repayment plan I am being harassed by Countrywide because they will call or send letters saying I haven’t made a payment, or that we still owe 269.99. I have spent so much time on the phone with them trying to figure out where the error was made on their end,and no one can figure it out.On June 6,2007, I spent 1hr and 45 minutes on the phone with four different people, two of which I could not even understand because of their strong middle eastern accent. All four people I spoke with could not figure out where the error was made or give any explanation as to why I owe $269.99. I then get another phone call last night from a man who was calling from Countrywide to ask where my June payment was? I told him he must be kidding and gave him the confirmation number from the June payment. It seems like no one with Countrywide has a clue what is going on,they take my money every month and do who knows what with it? I am then put in a situation of not knowing what to do. I am not paying the money they say I owe,because they have no explanation for it, but yet they could easily report me to the credit bureau. What kind of company is Countrywide? I do know they are very unorganized, especially in the escrow department, because I have had problems with them even before the storm in 2005.I hope this story will be read by someone who is considering using Countrywide, and it will change their mind. I would advise them to use someone local who is easy to communicate with and with whom you can trust with your money.
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