Connecticut Is Latest to Sue Countrywide

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I was tould my house pymt would not go up for 2 years and when it would it would only go up once evary 6 mounths but no it went up three times thay took my house my house pymt was three times it was when I got the loan.thay would not even talk to me or help, lucky I had a friend to rent his house to me much smaller family of 5 tight fit mad as hell

P wiss of MN 4:18PM October 06, 2008

I was tould my house pymt would not go up for 2 years and when it would it would only go up once evary 6 mounths but no it went up three times thay took my house my house pymt was three times it was when I got the loan.thay would not even talk to me or help, lucky I had a friend to rent his house to me much smaller family of 5 tight fit mad as hell

P wiss of MN 4:18PM October 06, 2008

it's not true i have put down payment $150,000.00 and they encruage us to do 2 years loan the refinance , but what hapend the house lost %50 of his value , the should share the home owner in this lost .

Salah Elshekh of CA 7:38PM August 16, 2008

The blame falls on the buyers of these loan products. The buyers had every right to review all documents pre-closing and at closing. The buyers wanted more house than they could afford and buyers were buying with speculation in mind.

In Real Estate there's a teaching "Caveat Emptor" which means buyer beware.

Licensed Real Estate Broker in AZ & TX

Dominique of TX 12:36PM August 14, 2008

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The Home Front

The Home Front

Associate Editor Luke Mullins tracks the treacherous housing market and explains how to unload a five-bedroom McMansion or even find that dream home.

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