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Countrywide...Still in the news

Bank of America Corp is preparing to buy Countrywide Financial Corp, but they may be in for a little more than they expected! Federal Bankruptcy judges are starting to look more into the business practices of the problem ridden mortgage co. The latest - Countrywide admitted to not correctly crediting borrowers payments that have been made during the bankruptcy. They have not been applying them to the pre-bankruptcy debt - PROHIBITED! If Bank of America moves forward, they may be left with a list of potential legal liabilities from Countrywide. Borrowers are suing in class-action and individual suits for supposed abuse by the company.

The Moore Team

480-545-1043

www.tonymoore.com

Oh By The Way... We are never too busy for any of your Arizona referrals!

Posted by The Moore Team on 01/14/2008 03:42 PM

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countrywide, bank of america, arizona, mortgage co, bankruptcy, the moore team

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The Moore Team

Gilbert, AZ

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Keller Williams Integrity First Realty

Address: 2500 S Power Rd, Mesa, AZ, 85209

Office Phone: (480) 545-1043

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The Moore Team and Keller Williams Integrity First Realty would love to help you with all of your Real Estate needs in the Greater Phoenix Area! Come experience The Moore Team difference, receive the service you deserve! We are never too busy for your referrals!

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