1 Articles match "Alt-A","Countrywide","Foreclose"

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What's Causing the Credit Crunch?
A lively debate is ensuing as to why the mortgage industry is unraveling and who’s to blame for the growing credit crunch that is sabotaging the housing industry. Moreover, mortgage lenders have also begun raising interest rates or cutting off credit for other types of loans, including Alt-A loans, a grade between prime and subprime. Countrywide Financial Corp., Wall Street analysts, main street investors, corporate executives and government bureaucrats all disagree on which mortgage company will be the next to trip and fall into bankruptcy. But they all agree
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • What's Causing the Credit Crunch?
    A lively debate is ensuing as to why the mortgage industry is unraveling and who’s to blame for the growing credit crunch that is sabotaging the housing industry. Moreover, mortgage lenders have also begun raising interest rates or cutting off credit for other types of loans, including Alt-A loans, a grade between prime and subprime. Countrywide Financial Corp., Wall Street analysts, main street investors, corporate executives and government bureaucrats all disagree on which mortgage company will be the next to trip and fall into bankruptcy. But they all agree
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE