First up, the rat bastards from Countrywide Financial. They willfully made hundreds of thousands of risky loans to people who had not business taking out those mortgages; "liar loans," if you will. Countrywide's policy was to make loans to anyone who could find a broker to fill out the papers. Countrywide Financial was a major trigger in the financial meltdown that is hurting almost everyone in this country (and in the industrialized world).
So now those same pustulent douchebags have figured out a way to make millions more from their malfeasance.
Second, and further down the food chain, are debt collectors whose task is to collect money from the families of dead people. They are getting money, successfully, from people who have no obligation to pay those debts. They are nothing but soulless, black-hearted ghouls. They are so evil that even Dick Cheney, on reading that news story, said: "Damn, that's cold."
(H/T to Jill)
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4 comments:
CountryWide holds our mortgage. The bastards keep sending us notices (sometimes ten a week) that we can refinance everything, please please please take out a home equity note anything we need your cash oh God....
Fuckers.
As for the debt collectors....utter scum. They are still hounding us to collect Metatron's debts.
To be fair, when Cheney said that he was eating frozen babysicles.
We lost our home. It was a Countrywide mortgage and they did not fully disclose all of the terms when we signed the deal. From what I have read about others dealings with Countrywide - and subsequently losing their home - what happened to us was very typical of their modus operandi. We knew our mortgage would go up after 2 years. What nobody told us was that it would go up every three months after that 'til the payment nearly doubled and we walked away when we could no longer afford it no matter how many more jobs we both took.
Live and learn...
I worry that you're going to stroke out about this kind of news someday. Otoh, when I saw this shit today, I almost did. Un-fucking-believable.
exmixer
I sort of wish my sister outlives me so she an field the demands from bill collectors.
She's a lawyer; she'll bite their faces off.
;)
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