Money Manifest

Countrywide Mortgage

Countrywide $4.99 We believe it is important to preserve what makes music special, and make it easy to craft listening experiences. At MOG, browse millions songs and play them instantly. Or just turn on radio where you can stop and replay songs. You can also create playlists for any occasion, and even download songs to your mobile. We are dedicated to employing the cleanest but most powerful technology so you can enjoy music as much as ever.

The Foreclosure of America: Life Inside Countrywide Home Loans, and the Selling of the American Dream $16.3 From Countrywideas former Senior VP of Marketing, the first engrossing inside look at Countrywide Home Loans, how the mortgage crisis startedaand where it may end. In July 2004, Adam Michaelson entered aThe Vaultaaan underground bunker at Countrywide headquartersafor a meeting about a new loan product that would allow borrowers to pay less than their minimum monthly payment. After the afinance jocksa proudly made their case, Michaelson asked one question: aAre you "nuts"?a Countrywideas decision-makers believed these new exotic loans were aworth the risk.a The booming housing market would only get bigger, with ever-increasing home values supporting homeowners in a never-ending cycle of borrowing against the virtual value of their homes and refinancing later. They were dead wrong. With both an insideras knowledge and thorough reporting on the ripple effects on American families and the economy, this fascinating, witty, and wide-ranging book not only examines the morality of a career spent marketing mirages and the market forces that destroyed a company, but addresses the question that everyone is asking: can corporations serve the public good and profit at the same time? Most importantly, it offers creative thinking on how to prevent such a meltdown from ever happening again.

Mortgage $14.99 The Mortgage Answer Book answers the most common mortgage and loan questions asked by borrowers today and breaks down the complex mortgage industry with straightforward, easy-to-follow advice on finding the loan that is right for you.

Mortgage Stressbusters $19.95 Dreaming of being debt free? Wondering what a tumultuous property market will mean for your financial future? Wanting to buy, sell or invest in property without being ripped off or paying a mortgage for the term of your natural life? If you answered ‘yes’ to any of these questions, then Mortgage Stressbusters is a must-read. This plain-English, Q&A guide to mortgages and residential property will help you to end mortgage stress once and for all. Not only will you learn how to save money — and time — on your mortgage, but you’ll also learn the tricks, tips and tactics that will get you ahead in the property game. Inside you’ll discover: how to get the best mortgage deal how to buy property successfully, no matter what the market is doing how to pay off your mortgage — fast what to do if you can’t pay your mortgage. Whether you’re stuck in the mortgage mire or just trying to stay ahead, Mortgage Stressbusters is the book for you!

60 Minutes – Prosecuting Wall Street $17.95 Airdate: 12/04/11 Two whistleblowers offer a rare window into the root causes of the subprime mortgage meltdown. In this two-part piece, Eileen Foster, a former senior executive at Countrywide Financial, and Richard Bowen, a former vice president at Citigroup, tell Steve Kroft the companies ignored their repeated warnings about defective, even fraudulent mortgages. The result, experts say, was a …

Hangtown Foreclosure $19.95 HANGTOWN FORECLOSURE THE TRUE FACTS ARE YOU WILL NEVER GET A LOAN MODIFICATION AND THE BANKS WILL TAKE YOUR HOME BECAUSE THE SYSTEM AND LAWS ARE ON THEIR SIDE…NO ONE REALLY CARES! GET OUT!This reality homemade film exposes the TRUE STORYS and interviews of families who have been trying to get a loan modification only to find out that they are being set…

Toxic Assets (Bank) $3.99 Caroline Gerardo’s novel, TOXIC ASSETS Caroline worked in the mortgage industry for twenty years. This fictional literary story reveals the inside of the business from a perspective never seen before, from the eyes of a strong female character.”Katherine McVeigh is the strong woman president of “Nationwide Bank.” The beauty is healing from a failed marriage. When she accepts a job, she does not re…

Chain of Blame: How Wall Street Caused the Mortgage and Credit Crisis $3.36 An updated and revised look at the truth behind America’s housing and mortgage bubblesIn the summer of 2007, the subprime empire that Wall Street had built all came crashing down. On average, fifty lenders a month were going bust-and the people responsible for the crisis included not just unregulated loan brokers and con artists, but also investment bankers and home loan institutions traditionally…

Countrywide Short Sales

A Question From A Homeowner About Countrywide Short Sales

A while back I saw a question from a homeowner that is going through a short sale and more specifically Countrywide Short Sales. Here was his question:

Advice For Countrywide Short Sales

My wife and I are willing to be patient for a couple months. If my REALTOR and the listing agent are very persistant is there a good chance that this deal will get done by the end of the year [the next 3 months]? Or should i try and contact the negotiator that actually has my offer package and build some rapport so they hopefully put more of a priority on my package?”

I sent them a response to their question

“I’ve done over 1000 short sales so here is my free advice. You only have a 50-50 chance of pulling this off. It’s really important that you are working with people that have a lot of short sale experience. The art in this is pricing it right – at a level that the lender will take and a buyer will close on. Until a real buyer makes an offer, the lender won’t even look at your file (most of the time). Get a buyer ASAP – if you don’t have one, then lower the price until you get one (or find an investor that will take the deal). You can call the lender [for Countrywide short sales, or any other bank for that matter, you will want to contact the loss mitigation department], but you’d better know what to say (and not to say). Never admit that the home is vacant, that you have money saved, or that your hardship is just temporary. The best advice I can give is to have your real estate professional handle this for you.”

Short sales, not just countrywide Short Sales, can take a considerable time, so it is best to just have patience. There is no crystal ball when it comes to countrywide short sales or short sales with any other bank.

Bank of America Home Loans $52.8 Used – Bank of America Home Loans. Subprime mortgage crisis, United States housing bubble, New Century, Countrywide financial political loan scandal, Mortgage, Mortgage bank, Loan servicing

Bank of America Home Loans $43.99 Bank of America Home Loans. Subprime mortgage crisis, United States housing bubble, New Century, Countrywide financial political loan scandal, Mortgage, Mortgage bank, Loan servicing