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UPDATE October 7, 2008
Please read the following blogs for new information:
Countrywide and Florida reach agreement
Countrywide may help Florida homeowners avoid foreclosure
TALLAHASSEE, FL – Attorney General Bill McCollum today announced that his office has filed a lawsuit against Countrywide Financial, one of the nation’s largest mortgage companies, for allegedly engaging in deceptive and unfair trade practices. The Attorney General’s lawsuit claims Countrywide put borrowers into mortgages they couldn't afford or loans with rates and penalties that were misleading. Chief Executive Angelo Mozilo was also named in the lawsuit.
Read complete press release
Related Florida real estate views:
Countrywide wants to help troubled home owners
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