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Loan Modification

: The Truth About Mortgage.com

Homeowners Sue KB Home, Countrywide Over Inflated Appraisals

By scot184

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Seven KB Home customers in Arizona are seeking class action status for a racketeering lawsuit against the homebuilder and its exclusive mortgage lender Countrywide Financial, according to the Arizona Republic. The suit, filed Thursday in Maricopa County Superior Court, alleges that the builder-lender duo artificially pumped up home prices since 2006 to sell more homes while [...]

Full post as published by The Truth About Mortgage.com on May 08, 2009 (boomark / email).

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