Rumor Mill: Countrywide Specialty Lending Done??

The Implode-O-Meter is reporting a vicious, but oft-repeated, rumor that Countrywide is shuttering its Specialty Lending Division nationwide.  You can read more about it if you're an Implode-O-Meter premium subscriber.  I can't confirm this, although it wouldn't be out-of-line with Countrywide's proposed layoffs and Mozilo's very public proclamation that Countrywide is out of subprime. If you've been affected or know any more about this please leave a comment or let me know. Share This