During the summer and fall of 2005, Hurricanes Rita and Katrina slammed the Gulf States of Texas, Louisiana, and Mississippi. Tens of Thousands of people lost their homes or jobs from the devastation. In an effort to ease the burden of recovery, many lenders, including Countrywide, allowed mortgage customers to defer at least three months of payments. They were told customers wouldn’t have to pay the deferred money back until the end of the mortgage term. Additionally, CountrywideMortgage told their customers no interest would be charged during the deferment.
However, a few months passed and Countrywide started breaking promises. Deferred payment clients were ordered to pay back the money immediately or agree to a bigger loan balance to be paid off with interest over the term of the mortgage. Many customers, overcome with the devastation and debt, are now facing foreclosure proceedings.
The Voss Law Firm, P.C. is committed to fix this injustice. If you are a present or former Countrywide Mortgage home loan customer who suffered losses from the company’s deferred payment mess, please contact us immediately so we may help you.
The Voss Law Firm, P.C. is aggressively pursuing these cases and would like to discuss our results with you if you feel like you have been a victim of the above process. We can be reached 24 hours a day, 7 days a week, via this website, or by calling our toll-free number listed at the bottom of this page. There is no cost or obligation for the phone call.
If you are a former employee of Countrywide with information that could assist us in our investigation, please use the contact form located on this website.
The FBI has put the losses to homeowners and other borrowers who were victims of mortgage schemes at over $1 billion.
"Mortgage fraud and related securities fraud pose a significant threat to our economy, to the stability of our nation's housing market and to the peace of mind to millions of Americans," Deputy Attorney GeneralMark Filip said in a statement Thursday.
The Voss Law Firm, P.C. | 100 Jackson Street, Suite 120 | Houston , Texas 77002
Ph: 713-861-0015 | Fax: 713-861-0021 | Toll Free: 866-203-5411
Not certified by the Texas Board of Legal Specialization