Lender telling borrower to walk away from house? WTF?

[patientlywaiting]

If the Countrywide is just the servicer and not the lender, they get to bill a fat servicing fee the foreclosure work.

Servicing fees are now like the origination fees of yore.

The financial services industry lives on fees. They need to generate fees no matter what.

It’s just like Realtors telling buyers that foreclosures are “great opportunities.” Everyone is looking to make lemondade out of lemons.

[nostradamus]

Thanks patiently, that’s very insightful. I’ll ask when I see my friend again if it was the loan servicer, probably was.

xbox, it’s my thread, you can hijack it all you like! Besides I like to chat about whatever comes out, which isn’t necessarily always in line with the OP. You have a great attitude, even though your running career was shortened you see the glass half-full in that you still have a knee to gripe about. Those Ducatis are fun but I think you did the smart thing to give it up for your family. You never know when you’re going to get blindsided. My bike doesn’t have that kind of acceleration being a 453 lb cruiser so I take it easy but still I’ve had my share of close calls both with other vehicles and with gravel patches.

[nostradamus]

Thanks patiently, that’s very insightful. I’ll ask when I see my friend again if it was the loan servicer, probably was.

xbox, it’s my thread, you can hijack it all you like! Besides I like to chat about whatever comes out, which isn’t necessarily always in line with the OP. You have a great attitude, even though your running career was shortened you see the glass half-full in that you still have a knee to gripe about. Those Ducatis are fun but I think you did the smart thing to give it up for your family. You never know when you’re going to get blindsided. My bike doesn’t have that kind of acceleration being a 453 lb cruiser so I take it easy but still I’ve had my share of close calls both with other vehicles and with gravel patches.

[nostradamus]

Thanks patiently, that’s very insightful. I’ll ask when I see my friend again if it was the loan servicer, probably was.

xbox, it’s my thread, you can hijack it all you like! Besides I like to chat about whatever comes out, which isn’t necessarily always in line with the OP. You have a great attitude, even though your running career was shortened you see the glass half-full in that you still have a knee to gripe about. Those Ducatis are fun but I think you did the smart thing to give it up for your family. You never know when you’re going to get blindsided. My bike doesn’t have that kind of acceleration being a 453 lb cruiser so I take it easy but still I’ve had my share of close calls both with other vehicles and with gravel patches.

[nostradamus]

Thanks patiently, that’s very insightful. I’ll ask when I see my friend again if it was the loan servicer, probably was.

xbox, it’s my thread, you can hijack it all you like! Besides I like to chat about whatever comes out, which isn’t necessarily always in line with the OP. You have a great attitude, even though your running career was shortened you see the glass half-full in that you still have a knee to gripe about. Those Ducatis are fun but I think you did the smart thing to give it up for your family. You never know when you’re going to get blindsided. My bike doesn’t have that kind of acceleration being a 453 lb cruiser so I take it easy but still I’ve had my share of close calls both with other vehicles and with gravel patches.

[nostradamus]

Thanks patiently, that’s very insightful. I’ll ask when I see my friend again if it was the loan servicer, probably was.

xbox, it’s my thread, you can hijack it all you like! Besides I like to chat about whatever comes out, which isn’t necessarily always in line with the OP. You have a great attitude, even though your running career was shortened you see the glass half-full in that you still have a knee to gripe about. Those Ducatis are fun but I think you did the smart thing to give it up for your family. You never know when you’re going to get blindsided. My bike doesn’t have that kind of acceleration being a 453 lb cruiser so I take it easy but still I’ve had my share of close calls both with other vehicles and with gravel patches.

[equalizer]

Had case where rear ended at 40mph, totaling both cars. Mercury Ins, tried to bribe me with $500 first week, mentioned that what if there are injuries, they said your HMO will cover it. (Is that not outright fraud, only 1 year to file claim in CA) Didn’t sign, unfortunately there were back injuries and hired lawyer, and he and chiro made most of the money.

Heard story of someone’s vehicle was broadsided, he saw doctor once, but had recurring pain. Wrote “sob” story to Allstate or Statefarm, stating that make $100/hr, hurts 3 hrs a day, give me 6K. They sent a check for $5K the next day with No documentation. No wonder Allstate rates are high. Both examples show regardless disregard for customers and/or shareholders. Moral of story is to drive a big ass vehicle, and drive safely. If you do get hit, hope that other party has generous insurance.

[equalizer]

Had case where rear ended at 40mph, totaling both cars. Mercury Ins, tried to bribe me with $500 first week, mentioned that what if there are injuries, they said your HMO will cover it. (Is that not outright fraud, only 1 year to file claim in CA) Didn’t sign, unfortunately there were back injuries and hired lawyer, and he and chiro made most of the money.

Heard story of someone’s vehicle was broadsided, he saw doctor once, but had recurring pain. Wrote “sob” story to Allstate or Statefarm, stating that make $100/hr, hurts 3 hrs a day, give me 6K. They sent a check for $5K the next day with No documentation. No wonder Allstate rates are high. Both examples show regardless disregard for customers and/or shareholders. Moral of story is to drive a big ass vehicle, and drive safely. If you do get hit, hope that other party has generous insurance.

[equalizer]

Had case where rear ended at 40mph, totaling both cars. Mercury Ins, tried to bribe me with $500 first week, mentioned that what if there are injuries, they said your HMO will cover it. (Is that not outright fraud, only 1 year to file claim in CA) Didn’t sign, unfortunately there were back injuries and hired lawyer, and he and chiro made most of the money.

Heard story of someone’s vehicle was broadsided, he saw doctor once, but had recurring pain. Wrote “sob” story to Allstate or Statefarm, stating that make $100/hr, hurts 3 hrs a day, give me 6K. They sent a check for $5K the next day with No documentation. No wonder Allstate rates are high. Both examples show regardless disregard for customers and/or shareholders. Moral of story is to drive a big ass vehicle, and drive safely. If you do get hit, hope that other party has generous insurance.

[equalizer]

Had case where rear ended at 40mph, totaling both cars. Mercury Ins, tried to bribe me with $500 first week, mentioned that what if there are injuries, they said your HMO will cover it. (Is that not outright fraud, only 1 year to file claim in CA) Didn’t sign, unfortunately there were back injuries and hired lawyer, and he and chiro made most of the money.

Heard story of someone’s vehicle was broadsided, he saw doctor once, but had recurring pain. Wrote “sob” story to Allstate or Statefarm, stating that make $100/hr, hurts 3 hrs a day, give me 6K. They sent a check for $5K the next day with No documentation. No wonder Allstate rates are high. Both examples show regardless disregard for customers and/or shareholders. Moral of story is to drive a big ass vehicle, and drive safely. If you do get hit, hope that other party has generous insurance.

[equalizer]

Had case where rear ended at 40mph, totaling both cars. Mercury Ins, tried to bribe me with $500 first week, mentioned that what if there are injuries, they said your HMO will cover it. (Is that not outright fraud, only 1 year to file claim in CA) Didn’t sign, unfortunately there were back injuries and hired lawyer, and he and chiro made most of the money.

Heard story of someone’s vehicle was broadsided, he saw doctor once, but had recurring pain. Wrote “sob” story to Allstate or Statefarm, stating that make $100/hr, hurts 3 hrs a day, give me 6K. They sent a check for $5K the next day with No documentation. No wonder Allstate rates are high. Both examples show regardless disregard for customers and/or shareholders. Moral of story is to drive a big ass vehicle, and drive safely. If you do get hit, hope that other party has generous insurance.

[Anonymous]

This is strange. Telling a borrower something like this is something a lender should never do. In her dissatisfaction in being underwater, I suspect this woman may have bugged the hell out of countrywide concerning her best course of action. They may have just gotten fed up hearing it and told her to walk.

[Anonymous]

This is strange. Telling a borrower something like this is something a lender should never do. In her dissatisfaction in being underwater, I suspect this woman may have bugged the hell out of countrywide concerning her best course of action. They may have just gotten fed up hearing it and told her to walk.

[Anonymous]

This is strange. Telling a borrower something like this is something a lender should never do. In her dissatisfaction in being underwater, I suspect this woman may have bugged the hell out of countrywide concerning her best course of action. They may have just gotten fed up hearing it and told her to walk.

[Anonymous]

This is strange. Telling a borrower something like this is something a lender should never do. In her dissatisfaction in being underwater, I suspect this woman may have bugged the hell out of countrywide concerning her best course of action. They may have just gotten fed up hearing it and told her to walk.

[Author]

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