Countrywide Home Loan’s problems continue as accusations of predatory lending practices continue to be reported by the media. If you are in the process of refinancing your mortgage with a loan from Countrywide you might want to think twice after watching this video.
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that can save you thousands of dollars on your next home loan.
Countrywide isn’t the only mortgage giant being accused of predatory lending practices. Wells Fargo Bank is stealing the spotlight with similar accusations of predatory practices including excessive fees and mortgage rates, prepayment penalties, hidden variable rates, balloon payments, and falsifying information to the credit bureaus.