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Mortgage Rescission Could Be Class Action Nightmare for U.S. Banks

National News • July 7, 2008
A lawsuit filed by a Wisconsin couple against their mortgage lender could have major implications for banks should a U.S. appeals court agree that borrowers can cancel their loans en masse when ...

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Subject: RE: RE: RE: RE: RE: They don't need to rescind

Posted On: July 8, 2008, 12:26 pm CDT
Posted By: David
Comment:
I have a fixed rate 6.25% mortgage and a few years ago I received an offer from Countrywide in the mail and called them on it. They were going to lower my rate to 6.15 and I only had to pay roughly 5,000 in fees for this great deal! There needs to be some sort of standardization in the mortgage industry so that you can compare loans. There are so many different ways to structure the loans and fees that its next to impossible to tell what you're really getting.
Subject Posted By Posted On
RE: how did this happen..... Gill Fin
Jul 8, 2008, 11:43 pm
how did this happen..... MBB
Jul 8, 2008, 12:33 pm
RE: RE: RE: RE: RE: They don't need to rescind David
Jul 8, 2008, 12:26 pm
RE: RE: RE: RE: They don't need to rescind Tina
Jul 8, 2008, 9:23 am
RE: The whole dang ship needs to go down... Just a thought
Jul 8, 2008, 8:22 am
The whole dang ship needs to go down... Terrie B
Jul 7, 2008, 9:28 pm
Class Action? Johnny
Jul 7, 2008, 4:07 pm
RE: RE: RE: RE: They don't need to rescind caveat emptor
Jul 7, 2008, 3:18 pm
Wait a minute... Tom
Jul 7, 2008, 2:55 pm
RE: RE: I Agree with Dawn- that's the worst part. Dawn
Jul 7, 2008, 1:54 pm
RE: I Agree with Dawn Disheartened
Jul 7, 2008, 1:45 pm
RE: RE: RE: They don't need to rescind Dawn
Jul 7, 2008, 1:43 pm
RE: RE: They don't need to rescind caveat emptor
Jul 7, 2008, 1:32 pm
RE: They don't need to rescind Dawn
Jul 7, 2008, 1:16 pm
Mortgage Sam
Jul 7, 2008, 12:56 pm
RE: They don't need to rescind DDay
Jul 7, 2008, 11:53 am
They don't need to rescind lastbat
Jul 7, 2008, 11:06 am
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