Countrywide's Mozilo stinks at mortgages & email
Check out Scott Reckard's story in today's Los Angeles Times. A homeowner behind on his mortgage payments emails Countrywide Financial, which has been plastered by bad housing loans, asking for a reprieve.
My number one goal is to keep my home that I have lived in for sixteen years, remodeled with my own sweat equity and I would really appreciate the opportunity to do that.
He gets this email back from Countrywide CEO Angelo Mozilo:
This is unbelievable. Most of these letters now have the same wording. Obviously they are being counseled by some other person or by the Internet. Disgusting.
Mozilo apparently found the request in his inbox along with many other similar ones and tried to forward it to somebody inside Countrywide with his comments. Instead he hit the "Reply" button.
Comments
What Countrywide is doing to people like me and millions of others when it comes to selling our house or to try to get some kind of negotiation with them is insane. There is NO HELP. They do not care & they are not willing to help us out in any way at all.
I have lost 4 buyers after I put my house for sale in 2007 and every time I get an offer my bank stalls every offer I get. I have proof of all the attempts I have made in trying to resolve this situation and they do not care. OUR CHILDREN, our American children are being hurt in the meantime. I am not trying to put the blame on the banks only but the bailout money they have received has not been helping us at all. Unfortunately, our children suffer along with us with so much stress in this whole issue. PLEASE, I NEED SOMEONE TO HEAR US, HOMEOWNERS WHO ARE SUFFERING & BANKS WHICH ARE NOT WILLING TO DO ANYTHING BESIDES FORECLOSING ON OUR HOMES TO TURN AROUND AND MAKE HUGE PROFITS ON PEOPLE'S SUFFERINGS!!!! PLEASE HELP ME GOING ON TV, and maybe Mr. President Obama, will be aware of what the banks are doing.
Karla Spinelli
Posted by: Karla Spinelli | April 17, 2009 1:37 PM