Mortgage news

News, trends and analysis of the mortgage and credit market

Wednesday, August 1, 2007

Is Countrywide still a good mortgage company?

Share your opinion!

Some mortgage companies have been accused of contributing to the spike in mortgage defaults and foreclosures by encouraging borrowers to take risky loans and by charging excessive fees.

Here is what a consumer had to say about Countrywide:

"How can the average person trust anyone in the mortgage industry when you are listed on the internet promoting the worst mortgage company left in the industry? Countrywide Home Loans is the reason for the industries failures.

Why don't you people check out what you are saying first. Countrywide has a horrible rating. Their CEO himself said it in a Forbes Magazine interview. Everyone in the industry blames them for illegal loans, defaulted loans and the list goes on.

We will not ever trust this web site."

Who are the best mortgage companies? Vote here!


At August 5, 2007 at 10:15 AM , Anonymous Camiseta Personalizada said...

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