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As my ARM payments increased, I have had less money to put towards making my business (income) work. I had been unable to generate business because all of my funds were going towards attempting to make my loan payments. This, coupled with major repairs to my vehicle (93 jeep) and paying out of pocket for medical and dental issues (I have no ins.) caused me to fall further and further behind, destroying my credit rating.
The CEO of Countrywide, Angelo Mozilo, called Dan Bailey on his copypasta bullshit, reacting as violently as if Bailey had accused him of not being tan enough. However, in a textbook example of failing at the internets, he pressed the Reply button instead of Forward, meaning that Dan Bailey could see exactly what Mozilo thought about his whiny email:
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This is unbelievable. Most of these letters now have the same wording. Obviously they are being counseled by some other person or by the internet. Disgusting.
So BS is saying that the onus is completely on the home owner for purchases and refinancing? Wow, that’s the dumbest thing I’ve ever read!!! While I agree that people should be responsible for their own actions, BS is making a very broad assumption that everyone who bought a home in the last five years was poor, greedy and deserved to rent.
America, land of the “it’s not my fault!”….it’s it’s it’s the bankers fault for forcing me to take a loan….yeah yeah….oh it’s the government’s fault for not watching out for me! Oh oh, it’s definitely not MY fault. Why should I have to read loan documents for hundreds of thousands of dollars? I shouldn’t have to do that, the government should read those documents for me!
SHAME on those of you who kick people when they are down. Look in your past you are not perfect !
Some of you have made mistakes personally or professionally that you would not want others to know. So I commend Mr. Dan Bailey for standing up for himself and his family !!!!!!!!
can’t support a “homeowner” who uses a “made up” form letter and tries to get HIS way with it. If I were you Dan I would have been terribly embarrassed about being caught plagiarizing (with or without permission from the original author, it is what it is).
Fearing that the extreme amounts of drama occurring on various financial blogs would escalate into a Communist revolution, Countrywide acted quickly to spread the minimum amount of bullshit needed to calm the angered proletarian masses.
