While in the Rookie Roosts Day, we’re going to getting hearing of very first-time homebuyers which have stories one another super and you may dreadful. Got an initial-big date homebuying tale? Hit you up from the tipline. Today: Countrywide Financial’s “#step one Trashman” will provide you with suggestions about avoiding the foreclosures horrors he could be seen.

We have always subscribed to brand new maxim you to definitely a wise man learns regarding his errors, however, only a trick doesn’t study from the fresh errors from other people. Because of my community, I’ve had many opportunities to comprehend the errors off others which eventually forced me to end particular grand missteps within my latest get regarding an attic into the the downtown area.

My tale is not certainly one of inability; I succeed in to shop for an affordable invest a great location with a few awesome locals. We characteristic my success back at my work as Countrywide’s (immediately after which Financial off America’s) #step one Trashman. Meaning, I foreclosed towards the individuals. My very first employment out-of college or university was at Countrywide’s Litigated Foreclosures Device in which We helped Countrywide foreclose outstanding finance. Following that, whenever Bank from The usa purchased Countrywide, We inserted the brand new Correspondent Financing Risk Management Group where We audited defaulted fund having Mortgage Lenders. Obviously, many of those audited/ foreclosed finance were of your subprime assortment. Every day I eventually got to discover anybody improve terrible error of the lifetime. (más…)