Brent
Heber City,#2Author of original report
Fri, September 12, 2003
We have had very little luck regaining the payments misplaced by Countrywide. No class actions have been started, and HUD is too involved with Fairbanks Capital to go after other fraudulent mortgage companies. Here's what I'm going to do, and others may try it as well: I'm filing a suit for refund/payment in Small Claims court. By Utah statute I can only claim up to $5,000, but that's about the amount Countrywide ripped off, and the filing fee is $70. Win or lose I've created a nuisance that Countrywide must pay attention to, or suffer the court, and well worth my $70. Other ripped off consumers may wish to try the same tactic. You may lose your legal standing for membership in a class action, but no one seems to be in any hurry regarding this anyway. If Countrywide, and other fraudulent lenders, have to start processing hundreds of small claims actions they may start getting the message. HUD, ambulance chasers and other's who chase the smell of rotten fish may finally get off their dead ******* and join the fight as well.