Source: b.daviesmd6605

First Amended Complaint that lead to Countrywide Settlement. This is well written and shows the high pressure tactics without the ability to pay, over the top advertising.

The tactics are similar to the builder lenders who use the same tactics to create profits at the expense of the buyers. This was done with aggressive sales tactics, setting up homeowners to fail while collecting large fees at each level.

Universal American Mortgage the lender for Builder Lennar does the same, and it is mandatory to apply for their loan. There are restrictions of discounts only if their lender is used. Their loan advisors are real estate sales persons not financial lenders. It is steering at its best. Then the title company, insurance company, builder, lenders, escrow—all the same. It is really bad.

Scribd

Related posts:

1. TILA VIOLATION "FRAUD": DAVIES V. NDEX WEST, UNIVERSAL AMERICAN MORTGAGE, DEUTSCHE BANK NATIONAL TRUST, MERS, 2924,2923.5, B Mr. Davies asked me to post this info for all...
2. Maine State Retirement System, et al. v. Countrywide Financial, et al. COMPLAINT FOR VIOLATION OF 19 ^§11, 12 AND 15 OF...
3. DAVIES V. NDEX WEST, UNIVERSAL AMERICAN MORTGAGE, DEUTSCHE BANK NATIONAL TRUST, MERS, 2924,2923.5, B Here Mr. Davies points out some VERY IMPORTANT issues. This is...
4. Deutsche Bank National Trust Co. foreclosed, hired a company to "trash out" Family files lawsuit against bank, say Newaygo home was unfairly...
5. Lender Processing Services (LPS): "Many of these people are gaming the system" Dear Mr. Jadlos, Exactly who is gaming what sir? Please...