Paper Economy

A Blog dedicated to tracking economic trends and financial matters.

Showing posts with label toxic loan. Show all posts
Showing posts with label toxic loan. Show all posts
Wednesday, January 09, 2008

Countrywide Foreclosures: December 2007

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Today, Countrywide Financial ( NYSE:CFC ) released their December Operational Results showing again that delinquencies and foreclosures are ...

Reading Rates: MBA Application Survey – January 09 2008

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The Mortgage Bankers Association (MBA) publishes the results of a weekly applications survey that covers roughly 50 percent of all resident...
Thursday, August 16, 2007

Countrywide Tapped Out!

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Bloomberg today reports that in order for Countrywide Financial ( NYSE:CFC ) to continue its loan operations it has had to tap $11.5 billio...
Tuesday, July 24, 2007

Countrywide Fiasco!

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I just hate to gloat about today’s stock plunge… Well maybe not seeing that Countrywide Financial ( NYSE:CFC ) worked so tirelessly for so ...
Friday, June 29, 2007

OFHEO’s Absurd Sleight of Hand

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This week the Office of Federal Housing Enterprise Oversight (OFHEO) published a request for public comment regarding its proposed policy ...
Monday, June 18, 2007

Rates and the Rule of Thumb

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With lending standards now tightening and interest rates on the rise, it’s possible that home sales, especially in the nation’s most rate se...
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