Monday, July 27, 2009
Countrywide Mortgage Borrowers Could Be Eligible For Settlement
Attorney General Jack Conway says some Kentucky consumers, who had home loans with Countrywide Mortgage, can begin making claims for a financial settlement. Conway says the settlement will settle allegations of predatory lending practices against Countrywide, and, borrowers whose homes were foreclosed upon within 12 months, are eligible for an average of a little more than $1,500. Those eligible have or will soon receive claim forms in the mail.