Members: 114,630 - 2,010 Online Now  Login
 
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 this point I am predicting Countrywide to go bankrupt in 2008. To read more Austin Real Estate Blog Predicts Countrywide Bankruptcy

Ki is a realtor in Austin. He runs a site covering everything related to Austin Real Estate. His site contains a free search for Austin Homes
 

1 Comments on Countrywide to go Bankrupt

i don't think the government will let it happen.

01/10/2008 05:20 AM by Chris Frantz (Hernando County Real Estate - Exit Success Realy)


Leave a response…

Name:
Notify me of new comments:
Comment:
What does the graphic say?
 
Real Estate Agent: Ki Gray - Austin Real Estate (Escapeso Austin Real Estate)
Ki Gray - Austin Real Estate
Austin, TX
More about me…
Escapeso Austin Real Estate

Email Me


Links

Archives

RSS 2.0 Feed for this blog
ATOM 1.0 Feed for this blog

Find TX real estate agents and Austin real estate here on ActiveRain.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2007 ActiveRain Corp. All Rights Reserved