Real estate blog entries tagged with illinois by Clark Garrison, "LOAN MODIFICATIONS" (Taylor 1 INC)

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Home : Blogs : Clark Garrison, "LOAN MODIFICATIONS" : Clark Garrison, "LOAN MODIFICATIONS"'s Blog : Tag "illinois"

illinois: States Begin to Fight Back!! Countrywide in trouble...AGAIN - 06/25/08 01:24 AM

It appears the state of Illinois has had enough. The state of Illinois is suing "Countrywide Mtg. Co. claiming it has participated in deceiving homebuyers. If you ask me it was only a matter of time for States to begin fighting back against an "It's not our fault" attitude most lenders have made their creed. Mortgage brokers and Lenders have participated in their fair share of causing our Nations greatest housing colapse in almost 30 years!
In recent months, The city of Cleveland, OH sued 21 banks due to terrible subprime lending guidlines. Massachusetts sued a prominate mortgage brokerage (Lehi Mortgage … (16 comments)

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