Wednesday, April 1, 2009

Countrywide lawyers: don't believe that crap our PR guys say about helping homeowners

News from Countryfried:In marketing, advertising and testimony before Congress, Countrywide Home Loans has said repeatedly that it is working hard to modify the mortgages of financially strapped borrowers caught up in the subprime meltdown. But in a New Hampshire court, attorneys for the lending giant are singing a different tune, describing such assurances as “mere commercial puffery. Saying the modification offers are only Countrywide's vague advertisements, attorneys for the lender are aski

Read More...

No comments: