Real estate blog entries tagged with mortgage by Christopher Ohlsen

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Home : Blogs : Christopher Ohlsen : Christopher's Blog : Tag "mortgage"

mortgage: Country Wide is not out of the woods yet! - 05/05/08 09:30 PM

Country Wide is Back in the News...And this time they have not come out to deny that they are in serious hot water as it seems to be their customary policy. This time it appears to be 100% true. If you haven't read, the CW Giant has just written down more losses; it seems that they have found themselves in a siutation in where they owe more debt than they own in value of performing assets! What's worse is that a few of the portfolios of assets that they are counting toward their performing assets are questionable at best.Bank of America is … (4 comments)

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Christopher Ohlsen

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