Countrywide Home Loan Modification Procedures and Policies - Customers Beware!

Countrywide Home Loan Modification Procedures and Policies - Customers Beware!

www.allianceshortsales.com Click Here to Visit our Website Known to most real estate agents as REO Trans, the new Bank of America system Equator is in full swing. Want to know the best part? We get to image our own files! That means, at the very least, Equator should eliminate...

http://leafgardenpress.com/ Bank of America's short sale equator

Bank of America bought Countrywide in July of 2008, announcing a new effort to help struggling homeowners pay their mortgages.

Many Countrywide customers have expressed dissatisfaction with Countrywide practices, complaining of poor communication between Countrywide employees (resulting in customers being given different information with each call) and between Countrywide employees and callers. Countrywide was sued in 2008 for predatory lending practices.

Since that lawsuit, Bank of America and Countrywide have begun a mortgage adjustment plan, reducing high mortgage payments to 34% debt-to-income ratios. This would reduce payments, applying a step-rate increase, gradually bringing the amount back to its original level. Only buyers who own and occupy their houses would qualify for this approach.

Another assistance option called HOPE for homeowners is an FHA refinancing plan designed to help people who have lost equity in their houses because of falling home prices.

However, if the owner sells the house, he must share a percentage of the equity with the FHA at sale time. Other assistance efforts include interest rate reduction and principal forbearance by Countrywide.

If you are having difficulty paying your Countrywide loan, apply for loan modification. Bank of America may be improving Countrywide loan policies, offering loan modification plans and contacting delinquent borrowers by mail with new alternatives.

There are many other things you should be aware of when opting for a loan modification, especially if you plan to go through Countrywide's financial department. Fortunately, there are many banks in America that can and will be more than happy to modify your loan with great customer service to boot!

Suggest Countrywide Home Loan Modification Procedures and Policies - Customers Beware! Topics

Question by : How does my resume look? FYI I took off the cities and other personal information ACHIEVEMENTS: -Received high marks on six evaluations for my customer service expertise. -Met monthly goals two years in a row for cross-selling products and services -Was recognized for my proficiency using a personal computer with the Windows operating system numerous times by past managers SUMMARY: -Ready, willing, and able to deliver excellence independently or collaboratively -Two years experience with cash handling -Familiar with Microsoft Word, Excel, Outlook, and PeopleSoft -Proficient with 10-key WORK EXPERIENCE: Bank of America/Countrywide Home Loans June 2008 to February 2009 Treasury Operations- Data Entry Contractor High volume data entry on the internet; high volume filing, scanning, faxing, copying; prepared and processed documents 1st Pacific Credit Union January 2006 to March 2008 Teller Basic transactions: deposits, withdraws, transfers, and loan payments; cross-sold products and services; balanced the vault; month-end reports; inventory of brochures and office supplies United States Navy June 2003 to July 2004 Hospital Corpsman Admitted patients, checked basic vital signs; Set up and assisted with minor surgical procedures (i.e. colposcopy, flex sigmoidoscopy); exercise stress tests; cleaned and prepared exam rooms for outpatient visits Villagio & Vintage Inn and Spa January 2000 to December 2002 Reservations agent/ PBX operator Received, transferred, and completed calls; assisted with front desk duties; filed paperwork; data entry; processed incoming and outgoing mail/packages; inventory and ordering of all office supplies. EDUCATION: Napa Valley College August 2004 to present General Education Vintage High School September 1998 to June 2002 Any advice will be accepted and appreciated. Thank you in advance. Best answer for How does my resume look?:

Answer by Irene
What is this? A show-off? I suggest you upgrade your knowledge concerning your PBX operator experience. There are now Hosted and Virtual PBX systems in the market.

Answer by Daniel
Impressive resume but it needs some more improvement on the categories. You can use bullets or at least bold the headings to add highlights.

[countrywide home loans customer service bank of america]