Countrywide, the Saga Sickens

[angela_n_hunt]

One of the letters in the mail waiting for me last night was from Countrywide.

They've denied our short sale. Say the buyer's offer is "too low."

Right.

Whatever.

I'm trying to not be sick.

Time to lawyer up.

At this point, as far as I'm concerned, they are deliberately forcing us into foreclosure and deliberately destroying our credit. They would rather get nothing, as far as I can tell, than something. They won't get a damn thing if they try to sell the damn house at auction.

I don't know why I bothered to do the right thing. I don't know why I bothered for the last fucking year. It's been a whole fucking year now. First with trying to keep the house and second with trying to be ethical and sell it, rather than have them foreclose.

I've filed complaints with the AG and the OCC. I've written letters (you saw one of them). Apparently for nothing.

Even if we go back on the market (because this just killed the deal with the buyer, if it's the truth), there's no guarantee we'll find another buyer. We certainly won't, asking for more money. The neighborhood doesn't support it. The comps aren't there, unless you look a mile away in the Beverlywood Association proper, where, hello, they don't have the fucking crime. More importantly, the house isn't in the Assoc... But whatever.

It doesn't really matter, does it?

The husband is for letting it go and releasing it, not considering it worth the karma to fight. We're moved and the sooner we're done with the house, the better, foreclosure or not, destroyed credit or not.

I...want vengeance and justice. I don't want to just let them destroy my credit. I want to see every branch of Countrywide burning, the ground salted so they can't come back. I want some reparation for having lost a year of my life to dealing with these people.

My husband has a point. I just don't know if I'm evolved enough on the subject to go that way. I don't think I am.

So. Lawyers now. If we don't have a leg to stand on, there it is. They'll let us know.

Anyone know anyone at the LA Times that I can talk to as well? There's no way I'm letting this vanish into the night.

So that's the update. I wish it were good news. But it's not.

Yeah.

Fuck.

UPDATE: Spoke to people and got advice/counsel. We've got nothing. No recourse. So, no lawyering up.

I'd still like to speak to the press, but I think I'm going to try and find a different channel for this energy. Something. Make some really angry art and burn it.

Fuck.

Comments

[jimkeller.livejournal.com]

And they wonder why people strip houses that are being foreclosed out from under them.

Good luck. You should be seriously looking at a deed-in-lieu-of-foreclosure now. Also, be sure to ask your lawyer when the new bankruptcy rules go into effect, because they've added provisions for people in exactly your situation.

FWIW, a good friend of ours had her bank do exactly this to her during the last housing crash, and she's managed to buy two houses since then and is very happy and stable. As rough as it is, it'll be OK in the long run. I suspect that a foreclosure on an otherwise good credit report is not going to be the stigma in the future that it has been in the past.

::hug::

[angela-n-hunt.livejournal.com]

Y'know, I seriously have thought about going back to strip the house now. There's no reason to leave it in good order, that's for sure.

We are indeed looking at a deed-in-lieu, but my concern now is will they even accept that? A DiL is contingent on the bank accepting it, and they haven't accepted a single one of my offers in a solid year. Why would they accept this? They've given me no reason to believe that they will.

Thing is, except for the mortgage, we're in no danger of going into bankruptcy. I'm not sure if declaring bankruptcy is worth it, since it's the only debt that we can't meet.

And thank you for the support. I have to believe that in the long run, this will all sort out. It's not like we're the only ones that this has happened to.

What cuts is that we tried very hard to do the right thing and deal in good faith with them, and this is what we got for our trouble. It's the kind of thing that would drive me to going Evil, except I just don't have the commitment level to go that far. Cause if you're going to go Evil, go with style, or so I say. No half ass for me.

Yeah.

Going to make angry art and burn it. Possibly in front of a Countrywide branch.

[jimkeller.livejournal.com]

Going to make angry art and burn it. Possibly in front of a Countrywide branch.

Alert the media before you do so. Bad PR, especially for a company that is trying to tout how good they're being to their customers now that they've been bought, is likely to resolve the situation faster than anything else.

[angela-n-hunt.livejournal.com]

Now there is an excellent idea.

Now to think of the appropriate art...