Site of the Day: Countrywide-Foreclosures
Here's a fun site: Track how many REO (Real Estate Owned by bank) that Countrywide has taken in:
Countrywide Foreclosures Blog
Tracking the economic effects of the housing bubble (crash) as a result of years of loose monetary policy.
http://countrywide-foreclosures.blogspot.com/
Friday, February 22, 2008 | 02:00 PM | Permalink
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Holy Crap....I thought they had more than they could handle when it was a little less than half that amount.
No wonder Mo-sella keeps calling for "help"....
if BofA had any semblance of rationale thought they would be running for the hills. Quite how they will make a profit servicing loans with that monkey on it's back remains to be seen.
Oh that's right.....once they are finished offloading all that to the gov't ........then Mo-sella can collect his severance and Lewis gets his piece all will be contained....
Sure it will
Ciao
MS
Posted by: michael schumacher | Feb 22, 2008 2:31:00 PM
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