Real estate blog entries tagged with countrywide by Ki Gray

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countrywide: Mortgage Lenders under Government Scrutiny - 11/23/09 01:24 AM

Topping the list of institutions under fire are the familiar faces of Fannie Mae and Freddie Mac, the poster children for good intentions gone bad. The government entities faced renewed federal scrutiny earlier this year. What to do with the troubled HUD groups, however, is still up in the air. The … (1 comments)

countrywide: My blog causes the Countrywide Bailout - 01/14/08 11:34 PM

So a few days ago I wrote that Countrywide was going to go bankrupt. Right after I posted Bank of America annouced that they were going to buy Countrywide for 4 billion. Awesome. Anyway I wrote up another blog describing how Countrywide's buyout was a result of my blog. Anyway for … (1 comments)

countrywide: Countrywide to go Bankrupt - 01/10/08 02:04 AM

Countrywide recently declared their third quarter results for 2007. And to say the least they did not look pretty. In addition to increases in deliquencies and foreclosures Countrywide declared a large loss, 1.2 billion dollars. This is pretty high when you consider the entire company is only worth 2.97 billion. At … (1 comments)

countrywide: Countrywide gets 12 Billion in Financing - 09/14/07 11:15 AM

Countrywide has been going through a roller coaster ride. They fell after a wall street analyst mentioned the b word (bankruptcy) regarding Countrywide. The shares fell from a once high 45 dollars a share to under 20. Countrywide was buoyed after it was announced that Bank of America was buying 2 … (0 comments)

countrywide: Has anyone seen changes in Countrywide's processes in the last few weeks - 08/31/07 01:20 AM

So we have watched Countrywide go through some turmoil over the last few weeks. I wrote about it last week over here Countrywide turmoil. Anyway I was wondering if anyone has seen any changes in countrywide in the last few weeks. Are they still offering the same loan programs? Also does … (2 comments)

countrywide: Possible Countrywide Bankruptcy Part 2: Bank of America to Invest 2 Billion dollars - 08/22/07 08:14 PM

Let's start off with a little back story. Countrywide spent the real estate boom times growing to be the largest mortgage company in the United States. They had very lax restrictions on who they gave loans to. Consequently now that people are worried about homeowners not paying their loans, investors have … (1 comments)

countrywide: Will Buffett save Countrywide from a Possible Bankruptcy - 08/21/07 09:23 PM

Poor Poor Countrywide Financial. They've been under the gun for the last few weeks. After the fall of American Home Mortgage, there has been alot of focus on Countrywide from Wall Street. Things got really bad on August 15th when a Merrill Lynch analyst raised the prospect of a Countrywide bankruptcy … (5 comments)

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