Real estate blog entries tagged with denver foreclosure loan by kandola mortgage services

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Home : Blogs : raman kandola : raman kandola's Blog : Tag "denver foreclosure loan"

denver foreclosure loan: loan originators how much you made last year - 09/02/07 03:35 PM

How much did you make last year? (That was a rhetorical question.) The president of Countrywide earned $48
million, the president of Freddie Mac $15 million, WAMU $8 million, Indy Mac $4 million.
According to Goldman Sachs and Wells Fargo, jobless subprime mortgage lenders are looking for employment in
the booming market for loans to senior citizens. So far the mortgage industry has lost 15,000 employees, and
obviously some will enter the growing market for reverse mortgages. Some bankers worry the market's rapid
growth may make reverse mortgages vulnerable to fraud and increased litigation, which has plagued subprime
loans. "As you look … (3 comments)

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raman kandola

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