Contributing Member of the Real Estate Councils

Names and details of certain GLG News authors are available only to GLG Clients and Council Members. GLG News authors are subject-matter experts within the GLG Councils and are available for expert consulting - by phone, in-person, or written analysis. To find out how to become a GLG client or Council Member, click here.

GLG News by this Author

Analyses are solely the work of the authors and have not been edited or endorsed by GLG.

GLG News is now G+ Insights

G+ is a community for professionals, academics and entrepreneurs to connect through online discussions and in-person meetings. You will continue to see G+ Insights (formerly GLG News) here as well as on the G+ website, where you can share and discuss the G+ Insights you read.

Countrywide Problems

July 25, 2007

Analysis of:Countrywide profits fall 33% | www.inman.com

1) I have had personal experience where Countrywide turned down a loan but another company accepted it and then transferred it to Countryside. 2) Countryside is accepting more doubtful loans than it should. 3) There are now more foreclosures appearing and Countrywide should be more choosy rather than trying to buy up all other loans, which may not end up profitable.

Page : 11 to 1 of 1

Subscribe to Updates

By RSS