John
Simi Valley,#2UPDATE EX-employee responds
Wed, April 16, 2008
As a long time former employee with management duties, I can confirm your case. I dealt with numerous consumer complaints similiar to yours. I personally had my loan with Countrywide and on 2 seperate occasions where my taxes and insurance were escrowed they failed to pay on time and force placed their own insurance at a substantial cost to me. If you look at their quarterly earnings you will see the insurance division known as balboa has increased earnings year over year. As a manager within the company I made a formal complaint to the office of the president, only to be told it was my fault and I must prove otherwise. Once I proved my case, I never heard back. I know that there is a large number of consumers who were either cancelled or charged huge premiums as a result of their fraudulant practices and encourage a class action law suit.