Countrywide Bailout…or Just Good Timing?

I’m sure you’ve seen the headlines, and the question:
Was the Fed action on Aug. 17 effectively a Countrywide bailout, saving a company many saw as too big to fail?
Fed watchers and banking experts say far more is at work here. The Fed wasn’t reacting to Countrywide’s plight as much as the conditions that put [...]

While reading (surfing) the New York Times this week, I came across an interesting article and transcript from the Democratic debate in Iowa. This particular “review” of the debate focused mainly on one issue, how the debate only briefly touched on one of the biggest issues facing our country - the crisis in the mortgage [...]

Everyone sees these headlines every day about what’s going on in the mortgage industry, and it seems that each day another mortgage company is closing its doors, being acquired, or laying-off employees.
We all know the industry is facing monumental changes right now. And if you still need a reminder of how dramatic these events are, just [...]