Countrywide and Landsafe Class Action Lawsuit

Bank of America is doing worse than Countrywide since aquiring this company. I know a appraiser that has been black listed for not compling with what Bank of America wants with lowering property values. Checks are mailed from Bank of America....

is there a class action aginst countrywide active in texas?

Country Wide aka BofA Home Loans, doesn't care about saving their customers credit or their own money. I lost my job due the economy and I couldn't make the payments so I set my house up for short sale. I have had 3 offers for more than what is owed on the primary loan and the 2nd loan has tried to get Country Wide to accept the most current offer so they can recover what they can. Country Wide has done nothing since January '09 when this has all started, no returned calls no apprasials, nothing but collection calls. The realitors said the people they assigned it to have left or it has been changed to other departments and no one knows who the person is to talk to. Today I received a notice they are starting the foreclosing process and it is going up for auction in November. Other homes in the area have gone to auction for 1/2 the price of my latest offer-- their loss, but my credit is worsened than if it would go for a short sale and my and fustration is beyond description. If I had the money I would sue them, but if I had the money I would keep the house.  The only thing I can do is never do business with BofA again-- I'm sure they care a lot about that too-- yeah right!

Countrywide refinanced our home for us back in 2007, I believe. They made us use Landsafe for our appraisal company and I wanted to use my own personal appraisal company and they wouldn't allow it. Landsafe came in, charged me and left. Needless to say I was so excited to hear that my home was now worth $140,000 and that all the remodeling had paid off. I didn't know until Dec 08 that my house in the neighborhood and comparible market, that my house would never sell for more than 98,500.00. I have been on the list for the modification loan since Aug 2008. I have all my notes, who I talked to, what they have told me and the date and time. I also have a printout from countrywide, now bank of america's website telling my modification would be done by Dec 25, 2008. I have been told not to make my payments, that it would mess up their numbers. The last payment I made is still sitting there, not-applied to my account.  When I go to make a payment it tells me I cannot make one at this time because of the modification. I haven't made a payment in 12 months now and am waiting to be foreclosed on. I lost my job and was unemployed for 11 months and thought beings I was talking to my mortgage company that it would all be ok, that they are the ones who knows what they are doing. I am still being assessed late fees like you wouldn't believe and also all these extra fees when they have me locked out of my account. Is this legal? I have called them and called them. They have never once called me about this matter. But it will be my husband and I, with our kids out on the street beings they have killed our 720 credit score down to the low 500's now. We are upside down in our loan, by 50,000.00 and they will not even talk to us about it. Now they say they will have an answer for us by Sept 30, 2009. Which means, we will be out on the street beings we cannot get a reasonable loan that we can afford to put us in a house. I have emailed senators, govenors, the whitehouse even and they all told me the same thing, talk to your lender.... what happens when I am the one calling them, they don't talk to me... They don't tell us what the plan is, but no one understands that.

Is there a class action lawsuit in Maine. We received a letter of a pending lawsuit. Thank you

For the homeowners , ARE YOU A LIC APPRAISER? ya didnt think so , i love how many homeowners assume they know what their house is worth , THE MARKET IS NO WHERE IT USED TO BE THANKS TO SHADY REAL ESTATE OWNERS AND BROKERS OUT FOR BIG CHECKS AND PAYING OFF APPRAISERS TO HIT A VALUE ,  that is why now there are many laws and restrictions in place , as in why Landsafe is a 3rd party , because lets face it if brokers and real estate agents and homeowners had their way influencing appraisers to hit a value this market would crash once again , there are many laws protecting appraiser from people like you & most appraiser Blacklisted is because they are hitting values and or coming up with crazy numbers , Landsafe reviews ALL appraisal submitted to ensure it meets not only guidelines but fannie mae , iam sorry your home didnt come in a value you had thought it was worth but you arent licensed to appraise homes , your house is compared to others , market conditions influence the value , how many homes are sold , etc.

We had the worst experience with Landsafe and B of A home loan, who charged our credit card $447 for the bogus appraisal.  A psychopathic mental patient came in as an appraiser, spent only ten minutes at the premises, took a few pictures, and then listed our 4-bedroom house as a 3-bedroom and appraised it $60K below the market value.  Why?  Because the biggest bedroom in the house used to have a closet but it was taken out by the former owners so they could open it up with a door attached to the adjacent bedroom. 

Mind you, our house is listed as a 4-bedroom with the LA County and the MLS, but this idiot decided that the biggest bedroom in the house didn't count as a bedroom because it didn't have a closet!  This caused us to abandon our refinance application with B of A and go with another company.  The new appraiser appraised it at $440K and in the end it all worked out to our advantage because we refinanced our home at 3.75% 30-year fixed, instead of 4.125% that the B of A was going to give us, plus we paid zero closing costs, instead of $2500 that the B of A was going to charge us.  In our opinion, B of A should have fired this idiot who cause us to leave them and go to another broker, but they are too big to notice these little things. 

Ultimately we won.  A much lower rate, no closing costs or appraisal fees, and everything happened in 2 weeks, instead of 2 months of waiting and being nitpicked on by B of A underwriters - all mental cases, paranoid about the possibility that some teacher/professor like me, with a Ph.D. degree and 2 stable jobs, 24 years of work experience, and a Fico score of 800, who MIGHT try to default on his home loan!!!  I mean what are the chances?  They failed to screw me over, so it was THEIR LOSS.  We are totally happy with the outcome even though we will have to pay the $447 credit card bill for this bogus appraisal.  This was the LAST TIME we were stung by Bank of America or one of its affiliates.  We will make up for this loss in one mortgage payment.  Try Cash Call if you wish to refinance.  They are wonderful.