1 Articles match "Countrywide","Foreclose","Houses"
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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. In the last year, dozens of mortgage lenders have collapsed as foreclosures have soared on loans made to people with poor credit during the housing boom. 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 on one thing — the mortgage meltdown
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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MORE
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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. In the last year, dozens of mortgage lenders have collapsed as foreclosures have soared on loans made to people with poor credit during the housing boom. 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 on one thing — the mortgage meltdown
www.foreclosurepulse.com
- Tuesday, December 16, 2008
