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Real Estate & Property Law

: The Home Equity Theft Reporter

Countrywide Vets Look To Score Big Profits Buying, Fixing, Reselling Bad Loans

By r morris

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The San Francisco Chronicle reports:Can folks who made millions peddling subprime loans use that same Midas touch to mint money from the housing market downturn? Former top executives from Countrywide Financial, once the nation's largest mortgage firm and a poster child for loose lending standards, have launched a company to buy distressed mortgages from banks and the government at a discount,

Full post as published by The Home Equity Theft Reporter on June 09, 2009 (boomark / email).

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