Comments on: Judges Catching on to Countrywide’s Policy of "Mistakes" http://www.nakedcapitalism.com/2008/01/judges-catching-on-to-countrywides.html Mon, 23 Nov 2009 02:08:55 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: craig http://www.nakedcapitalism.com/2008/01/judges-catching-on-to-countrywides.html#comment-3064 craig Wed, 16 Jan 2008 05:47:00 +0000 http://www.nakedcapitalism.com/2008/01/judges-catching-on-to-countrywides-policy-of-mistakes/#comment-3064 Yep, and and it will continue. The Roberts court says its OK with them. Yep, and and it will continue. The Roberts court says its OK with them.

]]> By: Anonymous http://www.nakedcapitalism.com/2008/01/judges-catching-on-to-countrywides.html#comment-3048 Anonymous Tue, 15 Jan 2008 17:49:00 +0000 http://www.nakedcapitalism.com/2008/01/judges-catching-on-to-countrywides-policy-of-mistakes/#comment-3048 On the pervasiveness of outrageous business practices:<br/><br/>From NYTimes 1/15/08<br/><br/>"In dissent, Justice John Paul Stevens asserted that the majority had gone way beyond the boundaries of the 1994 Central Bank ruling, largely because <b>Scientific-Atlanta and Motorola had clearly engaged in a fraud</b>, unlike the defendant in the 1994 case." On the pervasiveness of outrageous business practices:

From NYTimes 1/15/08

“In dissent, Justice John Paul Stevens asserted that the majority had gone way beyond the boundaries of the 1994 Central Bank ruling, largely because Scientific-Atlanta and Motorola had clearly engaged in a fraud, unlike the defendant in the 1994 case.”

]]> By: tedb http://www.nakedcapitalism.com/2008/01/judges-catching-on-to-countrywides.html#comment-3046 tedb Tue, 15 Jan 2008 16:10:00 +0000 http://www.nakedcapitalism.com/2008/01/judges-catching-on-to-countrywides-policy-of-mistakes/#comment-3046 Yves, Thanks for your aside about the corrupt practices of your health insurer. Last year I had to object 5 times when my health insurer tried to claim co-pays for services that are supposed to be covered 100%. The money involved in each instance was trivial, but the overall impact across their client base is probably millions of dollars. The insurance company conceded I was right 4 out of 5 times, and I dropped the last protest because it wasn't worth my time to continue fighting for $9.12. My significant other currently has an appeal in process with the same insurer; they told her that a provider was a member of the plan and then denied the claim because she saw him at clinic A instead of clinic B. If they persist in denying this claim, the Minnesota attorney general's office will hear about it. Yves, Thanks for your aside about the corrupt practices of your health insurer. Last year I had to object 5 times when my health insurer tried to claim co-pays for services that are supposed to be covered 100%. The money involved in each instance was trivial, but the overall impact across their client base is probably millions of dollars. The insurance company conceded I was right 4 out of 5 times, and I dropped the last protest because it wasn’t worth my time to continue fighting for $9.12. My significant other currently has an appeal in process with the same insurer; they told her that a provider was a member of the plan and then denied the claim because she saw him at clinic A instead of clinic B. If they persist in denying this claim, the Minnesota attorney general’s office will hear about it.

]]> By: Jim http://www.nakedcapitalism.com/2008/01/judges-catching-on-to-countrywides.html#comment-3014 Jim Mon, 14 Jan 2008 23:13:00 +0000 http://www.nakedcapitalism.com/2008/01/judges-catching-on-to-countrywides-policy-of-mistakes/#comment-3014 Let me share another "mistake" Countrywide made; they purchased my mortgage from First Horizon and then started the 360 months over .... I had already made payments to First Horizon on the regular mortgage after it had converted from a construction loan, but Countrywide says no ... now I am trying to get their mistake straightened out ... and will likely have to do amended tax returns for 2005 & 2006 if I can get my payments corrected on the actual balance I should have had ... I nor others have a choice when a loan is sold or another entity starts servicing it .... and no one will tell me who actually owns the loan ... no body seems to know. Glad they died. Let me share another “mistake” Countrywide made; they purchased my mortgage from First Horizon and then started the 360 months over …. I had already made payments to First Horizon on the regular mortgage after it had converted from a construction loan, but Countrywide says no … now I am trying to get their mistake straightened out … and will likely have to do amended tax returns for 2005 & 2006 if I can get my payments corrected on the actual balance I should have had … I nor others have a choice when a loan is sold or another entity starts servicing it …. and no one will tell me who actually owns the loan … no body seems to know. Glad they died.

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