Countrywide Financial Kentucky Home Loans Sucks

COUNTRYWIDE HOME LOAN SUCKS!
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Countrywide Financial - Kentucky Home Loans - Equity Loan Mortgages SUCKS!

Kentucky Home Loans? Sub-prime (bad credit), Need money, Mortgage Refinance, Or Want A Home Equity Loan Kentucky and dont want to get ripped off or have hiden fees on your Home Loans?

Need A Home Loan KY, Refinance, Purchase, Or Make Home Improvements. Mortgage Rates Have Reached A All-Time Low Make Sure You Pick A Broker That Will find the right Home Equity loan at the best rate for you. We recommend that you conduct your own due diligence on mortgage brokers to find the one that is best for you. This site is a forum for users and should not be your only source of information about Countrywide Home Loan prior to choosing a lender.

This is what home loan customers in Kentucky (KY) have been saying...

Kentucky Home Loans Sponsored By US Home Loan
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Date: Thu 02/8/07 7:56PM
From: Me

Message: Countrywide also violates telemarketing laws. Although I had no previous business relationship with this thuggish firm, I have received numerous telemarketing calls from them, at all hours of the day.

I have reported them to the Kentucky Attorney General, yet the calls continue after more than a year.
Date
Left: July 26, 2006 By: In:

go file your overtime against these crooks. federal overtime is waiting...hahaha crooks at cfc.


Left: July 19, 2006 By: In:

she helped me when i thought i was alone just by her posts on these boards, she is the one posting go to the press and government, sounds like someone who could help those, not telling people to not talk to her etc..use the board here to tell your story, then inform the govt and press, bridgegirl is a past employee with many other employees who were ripped off and sexually harassed by superiors yet crushed when they compained and reported fraud!!!


Left: July 19, 2006 By: In:

why not contact bridgegirl@yahoo.com? she has been helpful to others and to me and only the company would not want anyone to get together and compare notes....ask countryfried chick and look at the posts of bridgegirl24@yahoo.com.







you can also go to the CFC stock message board and see her posts, as I know it, she was sexually harassed and crushed by CFC for complaining about it and other issues. she has fist hand knowledge, knowledge of others violated and overall helped me and many others, so anyone who claims she isn't is a Countrwydie employee sent here...nice try. post on this board if you do not want to email, but I will always help those whop ask for it and are clear about who they are and what they are trying to accomplish, you are not alone!!! brigegirl24!!! bridgegirl24@yahoo.com



Left: July 19, 2006 By: In:

why not contact bridgegirl@yahoo.com? she has been helpful to others and to me and only the company would not want anyone to get together and compare notes....ask countryfried chick and look at the posts of bridgegirl24@yahoo.com.







you can also go to the CFC stock message board and see her posts, as I know it, she was sexually harassed and crushed by CFC for complaining about it and other issues. she has fist hand knowledge, knowledge of others violated and overall helped me and many others, so anyone who claims she isn't is a Countrwydie employee sent here...nice try. post on this board if you do not want to email, but I will always help those whop ask for it and are clear about who they are and what they are trying to accomplish, you are not alone!!! brigegirl24!!! bridgegirl24@yahoo.com



Left: July 15, 2006 By: In:

I am on record that I don't think much of this mortgage company and, consequently, I should therefore not care about their employees, past or present, but since I am an honorable person I thought I would warn anyone thinking of contacting this person for help/or advice (bridegirl24@yahoo.com.) DON'T DO IT!!



Left: July 12, 2006 By: In:

if you were a past employee or current one who was wronged by this company please email me for help and to share and join together... bridgegirl24@yahoo.com


Left: July 08, 2006 By: In:

Everyone go to the press and tell your story, write them, write the editors and call the radio shows. It is the only way to get it out. Let the world know what scum this criminal company is. Give me one person who has complained and had the company thank them and admit they found something....damn scum, GO TO THE PRESS!!! The lawyers their are scum, Iam an ex-employee and speak from truth, numerous employees crushed when they have complained of stuff, numerous customers crushed when they complained, dared to sue, go get lawyers etc..don't call the press, write them and tell them the scum at cwide and their actions, its the only way.


Left: June 20, 2006 By: Truth Commission In: USA

THIS IS IN RESPONSE TO "JOE D" and his worthless post on June 11, THIS IS FOR ALL PRO-CW AND ANTI-CW READERS.

You don't seem to get it.

For many years Countrywide HAS BEEN #1 in customer service. But guess what? Countrywide is soon to be a HAS BEEN.

I know all this because I had just recently quit Countrywide to work for another mortgage company.

Countrywide didn't use move operations over to India, BUT NOW they do! That will be bad for customer service.

COUNTYWIDE IS NOW TOO CHEAP TO KEEP UP ON ITS COMPUTERS AND COMPUTER SYSTEMS. When I worked there, computers froze up at least 5 times a day, and application information was always getting erased.

That is why the number of customers complaining about missing payments has been increasing in the last few years.

That is why it is now taking Countrywide 30 to 40 days to close a loan. Also because Countrywide now has a lot of untrained, inefficient, and disorganized underwriters and processors. (Countrywide may now also be too cheap to hire an adequate staff)

That is also why payoffs and other items are now coming out wrong.

Also Countrywide requires just about all of its loan originations to use LANDSAFE appraisal, a company owned by Countrywide itself. Their appraisals are extremely conservative, and 9 out of 10 of mine and other A/Eís came in OVER $10K less than comps. Even if the home was in good condition. This forces the A/E to restructure the loan a higher rate, less cashout, fewer bills paid, or a some combination of the factors. Their appraisals set the road for disguised predatory lending, and bait and switch.

Wake up Joe D! Have you ever studied the life cycle of an organization? Check it out. It comes in four stages: Introduction, growth, maturity, and decline. Right now, Countrywide is slowing down in the growth stage about to hit maturity. The only thing holding right now is the brand name its built from its past. And if Countrywide continues with its path, it will not be long until it is in its decline stage.

ENRON WAS ONCE A FORTUNE 500 COMPANY. Countrywide is riding in the same path.

Also Countrywide was recently sued in California from its conduct as an employer, and apparently it never learned from the lawsuit. Another lawsuit will happen.

Joe D. you are not in the position to call the people here "Jerk Offs". Especially if you're another goon in Countrywide's management. Because only someone in CW management would stick up for Countrywide the way you just did.

Not to meantion Joe, you posted your same pathetic post on all 50 state pages here, claiming to be from different local cities.

And to the Pro-CW idiot who keeps taking up the excessive space in the forum with blank lines. GET A LIFE LOOSER.

You will not keep others from reading the previous posts.

And to the Countrywide Full Spectrum Employee who just posted a meassage. You are exactly right! I worked for Countrywide Full Spectrum Lending, and that's how managers in Arizona and Califoria operate. By brainwashing employees, and they act like scamming customers, schmoozing customers, loans taking 30+ days to close, having customers sign at 11:00PM, and other stupidities is ok! And if this is happening in Kentucky too, it's happening everywhere!


Left: June 15, 2006 By: Country wide Full Spectrum Employee In: Louisville

Countrywide brain washes their employees to believe their philosphy and behave like they know what they are doing. They are ripping off their customers in more ways then you know!


Left: June 13, 2006 By: In:

CHL = Enron


Left: June 11, 2006 By: Joe D In: Lexington

Hey jerkoffs..CW ia a member of the S&P 500, Fortune 500, and #1 in customer satisfaction..this website's sole purpose is to drive business to US-Home Loans.com...get a life you stupid a**holes...



Left: June 11, 2006 By: In:






Left: June 11, 2006 By: Joe D In: Louisville

Hey jerkoffs..CW ia a member of the S&P 500, Fortune 500, and #1 in customer satisfaction..this website's sole purpose is to drive business to US-Home Loans.com...get a life you stupid a**holes...



Left: March 14, 2006 By: In:

BEWARE OF MANAGEMENT ADVISORS INTERNATIONAL OR MAI. THEY ARE A CUT THROAT RECRUITING FIRM OUT OF HICKORY AND CHARLOTTE, NC, AND FLORIDA. THEY RECRUIT YOUR EMPLOYEES OUT OF YOUR COMPANY THEN CALL YOU AND REQUEST THAT YOU PAY THEM A RETAINER TO FILL THE OPEN POSITION. A YEAR LATER AND THEY COME RIGHT BACK AND RECRUIT THAT SAME CANDIDATE THEY FILLED THE OPEN POSITION WITH. THEIR GAME IS GETTING RETAINERS. IF YOU RETAIN THEM THEN WALK AWAY FROM THE DEAL, YOU OWE THEM 75%. IF YOU RETAIN THEM BUT FILL THE POSITION WITH A CANDIDATE YOU FIND, YOU OWE THEM THE FULL FEE.


Left: March 13, 2006 By: Rachel In: Rush

I have had nothing but problems since refinancing my home with Countrywide. After filing bankruptcy, which did not include my home.
Countrywide sent a letter stating that it was in foreclosure. I called to see what was wrong, and found that I had to pay attorney fees and filing fees for Countrywides expense. This incidient increased my payment by $500 more on the month for one year, or so the agreement stated. I am currently in the 8th month of that year, and I just recieved a letter, with the return of my Feb. payment, stating that the house was in foreclosure and the amount that was sent was not the amount that they needed. Mind you that this amount was agreed upon for the term of one year, has been paid for the past eight months, and suddenly it is not the amount. I do not know what is going to happen, but Countrywide had better pray that I do not lose my home because of them. I will make someone pay! I hate Countrywide because of the lies, extra so called fees that I have had to pay, and not communicating well with me as the homeowner.

Rachel


Left: March 02, 2006 By: In: Kentucky

I am a former employee at Countrywide Home Loans in Kentucky. And let me tell you, they are not all they are cracked up to be. For one, they only try to help them get more money in their own pockets. If a person makes this amount of money and the bank says that they will need to pay pmi, they will go back and raise what you actually make so that you will not need pmi... they raise your income enough that they will not need documentation regarding this. The bank will never know that you actually make less than you really do. This is illegal. CHL will also raise the valu of your home on appraisals. So that they will be able to pocket more money. I could go on and on about the way CHL works, but it would take forever. I also had a cousin and and aunt wanting to refinance his home, but CHL took so long and told them not to make a house payment cuz they would be closing soon, that if I would not have told them that if they dont make the payment by the end of the month, there will be a 30 day late on their credit and that the bank may not be able to help them then. CHL does suck and I would not recommend them to anyone.


Left: February 03, 2006 By: In:

NO ONE CAN LIE LIKE COUNTRYWIDE CAN

Homeowners need cash? Get a No-Closing Cost Home Equity loan only from Countrywide. Thatís right, no application fee, no appraisal fee, no title fee, no underwriting fee, NO CLOSING COSTS.

NEVEVERMIND THAT ITíS A VARIABLE RATE ARM (Prime Rate+) LOAN.

NEVERMIND THAT IF YOU PREPAY THE LOAN BEFORE THE TAKEOUT AMOUNT PERIOD ENDS THAT YOU END UP PAYING THE CLOSING COSTS (PREPAYMENT PENALTY).

NEVERMIND THAT YOU PAY THE CLOSING COSTS THROUGH AN ABOVE MARKET VARIABLE RATE HOME EQUITY LINE OF CREDIT. THIS IS NOT A FIXED RATE SECOND MORTGAGE.

No one can screw you like Countrywide can.


Left: February 03, 2006 By: jake In: cali

Improper Home Charges

Read then File a complaint

www.zimmreed.com




Left: January 29, 2006 By: In:

NO ONE CAN LIE LIKE COUNTRYWIDE CAN

Homeowners need cash? Get a No-Closing Cost Home Equity loan only from Countrywide. Thatís right, no application fee, no appraisal fee, no title fee, no closing fee, NO CLOSING COSTS.

NEVEVERMIND THAT ITíS A VARIABLE RATE ARM (Prime Rate+) LOAN.

NEVERMIND THAT IF YOU PREPAY THE LOAN BEFORE THE TAKEOUT AMOUNT PERIOD ENDS THAT YOU END UP PAYING THE CLOSING COSTS (PREPAYMENT PENALTY).

NEVERMIND THAT YOU PAY THE CLOSING COSTS THROUGH AN ABOVE MARKET VARIABLE RATE HOME EQUITY LINE OF CREDIT. THIS IS NOT A FIXED RATE SECOND MORTGAGE.

No one can screw you like Countrywide can.

GO GET A BETTER RATE & SERVICE AT YOUR LOCAL BANK OR CREDIT UNION.



Left: January 20, 2006 By: roy In: tampa

Notice: Must Read
Sweat Shop Employees www.gdblegal.com
Appraisal Overcharges www.sherlocklegal.com
Wrong Doings www.jameshoyer.com
www.ripoffreport.com
file your complaint


Left: January 16, 2006 By: In:

Tips on making payments to Countrywide.

If you have multiple properties and mortgages with Countrywide do not combine payments in the same envelope. Send each one off seperately. Do not staple the check to the statement.

If you pay online for 3 strait months or more they stop sending you paper statements thinking that you want paperless - pay online.

In January of every year ask for a 12 month payment history and escrow analysis from Countrywide. this is great for your tax accountant too.

Set up a file for each mortgage you have and review the monthly statements every month. ASSUME Nothing when it comes to Countrywide.


Left: December 18, 2005 By: hintonhill@hotmail.com In: Georgetown, Ky.

I have been "working out" with chl for 4 years. this started when someone put the payments for my 13 rental properties in account"0"( as they call it) It took chl 2.5 months to find it, after I was on the phone, many hours on many days, for 2.5 months. My credit was dropped tremendously, and I was assured it would be fixed. 5 months later the same thing occured. This act took my credit into the gutter. I was then informed they would be foreclosing on my properties as I owed some past due fees, ( from their mistakes) now I am informed I also owe attorney fees. This is about $2500 per home. I filed a Chapter 13 to keep from losing my properties. After 4 years of making the payments and paying a Trustee extra money, you would think it would be over, but NO. I put my homes on the market for sale and when I recieved the payoffs for closing, I now owe approx. $15000 per house. Chl has been putting my payments "somewhere else for 4 years. I now have to get another attorney, the Chap. 13 attorney doesnt handle this "sort of thing" and go after them. Could anyone recommend an attorney that has had experience with chl in the past.?? please help.


Left: December 09, 2005 By: In:

mark - you had a great experience with your loan officer, loan processor, and underwriter! these types of dedicated professionals are the exact people that countrywide is eliminating from their work force. isn't it sad that these types of people are losing their jobs, having their incomes cut in half, being forced to work harder for each deal, etc.. i'am glad that you had a good experience with your loan closing but you should thank the individuals who worked on your deal not the corporation that is making their work enviroment difficult.


Left: December 07, 2005 By: Mark In: Fort Thomas

I just had a great experience with Countrywide. They quoted a rate that was much lower than the local banks and a mortgage broker. Countrywide closed the loan in one week on the terms they told me over the phone. Keep up the great work Countrywide.


Left: December 03, 2005 By: In:

Current Customers should call customer Service and tell them you want NO CONTACT 1-800-669-6607

That means:
*No emails
*No Phone Solicitations
*No Junk Mail

Get customer service reps name and employee ID# and make a note of it.

Countrywide gets around the do not call list because of a loop hole that allows them to call their current customers. Why do you think they buy so many mortgages? So they can call you and sell stuff to you is one reason.


Left: November 23, 2005 By: confidential In: confidential

As an ex-employee, I know CW makes their money by the rape, theft and abuse of their employees. You don't make money at CW, you pay them to work there. They use you and eat you up and trap you into staying.


Left: September 20, 2005 By: An observer In: Atlanta, GA

I don't know about all the name calling, etc. but one thing is certain. Something bad has happened to Countrywide in Atlanta and there won't be an end until it's destroyed. Someone hired people to run this part of the company that either have no interest in the company or just simply aren't qualified to run a company. There is no profit being made and everyone is unhappy -- customers and employees. Seems like a recipe for disaster. Sit back and watch it fall. Maybe a year, maybe not that long. They'll be gone, someone new will be along or they can close down Atlanta altogether. I don't think Atlanta would be missed by the rest of Countrywide.



Left: August 15, 2005 By: In:

When Countrywide took the property all liens had to have been satisfied in order for them to attempt to sell the property. Not all liens are enforcable. Some are BS and you need to investigate the nature of the lien before jumping to conclusions. Any time you take out a mortgage you need title insurance. It's the nature of the beast. The title company can issue a hold harmless if they are willing to do so which will hold them liable if the lien turns out to be legit. That's why they are bonded and have errors and omissions insurance and that's why title policies are issued in the first place. Sometimes it's good to take a step back and really investigate before jumping to conclusions.


Left: August 13, 2005 By: Roger In: Banner,

My wife and I have been trying for 8 weeks to buy a home that countrywide bought in forclosure. After we agreed upon a price through our realtor, (cent.21), we couldnt get countrywide to work with our bank at all. They kept pushing up the closing date. Finally we discovered that there was a lein on the property that country wide would not pay. They wanted us to buy title insurance in case it was inforceable??? Anyone knows that all leins are inforcable, and title insurance would not cover this. Our bank said they could not use the property for colateral because it already has a primary lein against it. After all this we decided that it was a no win situation. Cent.21 said Country wide could do the financing in 5 days. Our lawyer said no way,get out why you can. We really wanted this home and country wide really made this a terrible experience. I'll never trust a realtor again....


Left: July 26, 2005 By: In:

I'm going to post this in every state listed here. YOU MUST TAKE RESPONSIBILITY FOR YOUR OWN ACTIONS AND DECISIONS!! I have recently left the lending industry. I can site many reasons for this, however the top reason has to be dealing with borrowers and potential borrowers who had no concept of financial responsibility. Just because you have a 700 credit score does not mean you demonstrate good use of credit or that you are guaranteed the rate or terms you want. In fact, many people who have the best credit scores carry the most debt. What you people do not understand is that the lending institutions want you to carry debt, so if you carry alot of debt and pay it on time your score will be higher than someone who pays their bills OFF every month and only carries a mortgage and a car loan/lease. If you fall on hard times, pay your damn mortgage and let the friggin' Visa's go delinquent. Visa isn't going to take your house, your mortgage company is. People jump to quickly to file BK. Guess what, ole' GW has made that next to impossible for the average American. You're better off making arrangements with your credit card companies and paying your mortgage off as quickly as possible. Use good judgement, not the "I want it now!" mentality. Buy a Trailblazer instead of the RangeRover or the Hummer or the Lincol or Caddy or whatever. How many of you people that post on here have kids? What kind of behavior do you think your actions teaches them? Anyone who would voice their opinion is more than welcome to email me at michael_harman1976@yahoo.com. I would be more than happy to help anyone who needs some good advice on how to get themselves into a good financial position. I am not selling anything, I'm a former CW employee who feels an obligation to help those who have been taken advantage of.

Michael


Left: June 14, 2005 By: Brian In: Louisville

I have just signed on with Countrywide and they have screwed me around so much that I have had to change my loan 3 times. During this process they have managed to leave a bad mark on my credit! The paymets and terms promised over the phone never were the same at the closing table. It always managed to be higher then promised. I think I am going to look for a better loan with someone local before I get suckered into paying Countrywide.


Left: May 19, 2005 By: Realtor plus Countrywide: NOOOOOOOO! In:

Thank you so much for this website. Our realtor recommended Countrywide so strongly that we went to them for our mortgage. If you think Countrywide is bad, try going to a realtor who works hand-in-hand with Countrywide. Countrywide gave us an interest rate upon which we based our offer. As soon as the offer was accepted, Countrywide upped the interest rate so much that we knew we could no longer afford the house, but we had signed an offer to purchase that allowed that rate of interest (on the advice of Countrywide, who said it didn't really mean we would ever have to pay that higher rate, it was just something to put on the offer). So, we went to a bank, and they offered us a much lower rate. The bank called the realtor to start the loan process. The realtor turned around and called Countrywide, who then called us, to offer us a much, much better rate. Okay. But then, Countrywide wouldn't move. Not even an application to start the loan process. Each time I called they tap-danced about computers and "in the system," etc. We had no application, no written estimate, nothing. Twelve days before closing I called our local bank in a panic. They were able to do the loan at that interest rate and cut Countrywide out completely. They said if we had waited a couple more days it would have been too late. We believe that Countrywide was holding out until we had no other options before they would give us a loan, and the terms of it would have been at their pleasure.
THEN, we found out our realtor had not disclosed an encroachment. This alone could have been a deal-breaker, but we wanted the property so we worked out a deal with the man who owned the property on whom we were encroaching. We also got an attorney, and asked him to take over the closing, which we had been planning to do at the realtor's office. WELLLLLL---Here it gets fun. Countrywide and our realtor had worked into the purchase all sorts of "creative financing," so that we, the buyers, would be credited with approximately $3,500 at the closing, which would have been at the realtor's office, where we wouldn't have known what the hell he was doing with the money. But our lawyer and our bank did exactly that; they credited us with the $3,500. In fact, they ran out of places to credit us, so the seller ended up writing us a personal check for the balance. Our realtor was shocked when he found this out at closing. We had to stay an hour while everyone in his office and the lawyer's office looked for money, calculators clicking, pages flying. The realtor went outside and talked on his cell phone. We overhead him shout, "Well then we're screwed!" I kid you not! At another point in this comedy our lawyer asked him, "Well, where's the earnest money? I don't have it. Do you have it?" And the realtor said, distractedly, "Well yes, I have it, butÖ." and went back to playing with his calculator.
The way it finally turned out for us was beautiful. The seller actually ended up paying for part of our down payment, but it didn't cost him anything because Countrywide had him raise the asking price in order to credit us, in order to be able to get their thousands at closing. We paid NO FEES whatsoever, and walked away with a small check to the good. The seller paid a very low commission to the realtor (because the realtor quoted him a small commission, apparently because he, the realtor, was going to get a cut of the "creative financing" done by Countrywide at closing.) Watching this comedy of errors was truly enjoyable; however, it followed a month of anxiety and fear. I don't recommend Countrywide to anyone. And if your realtor recommends them, please be warned.



Left: March 14, 2005 By: Ken Geffeory In: Louisville, Kentucky

After reading thru some of the "horror stories" posted on this web site, I notice that almost all derogatory dealings with CW somewhere in the posting mentions that they had missed several payments or had filed CHAP 13. If I was the owner of a company that lent money to people on the good faith that the loan would be repaid as agreed upon in the contract, I would try to get my money any way possible too. Wouldn't you?
I am on my second CW home loan and have nothing but praise for my local CW office and the ladies that work there.
I wish you all luck with making it thru your tough times.


Left: February 28, 2005 By: In:

Below is a copy of an email sent to the owner aka whiner of this website on Feb 27, 2005 7:54 PM, CST



Hello,



Countrywide is voted the best of the best places to work. Countrywide is also the number one servicer and lender. Countrywide makes dreams come true to those that work hard and understand what it is to be financially responsible.



No matter how many web sites you put up, no mattter how much you whine, you will get no where. Countrywide continues to be number one and you will not be able to do nothing about it. Individuals like you never prosper!



Loving Countrywide,

Anomyous Like yourself.



P.S. If you really supported this site you would not hide from who you really are. At least state your name coward!




Left: December 08, 2004 By: lorraine In: fisherville

I am so glad I can across your web site. My husband and I are buying our first home and after reading the stories on your web site I started to worry what if our loan is sold to country wide then I read that I can put it on my loan papers to never let country wide or their associates service my loan. Thank you so much this web site has lots of great info. Good Luck to you all.

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