As the largest sub-prime loan servicer in the country, Countrywide handles payments for 11.90% of the sub-prime market. That's a massive $120 billion worth of loans. The sheer size of that portfolio...
(Read the rest of this blog entry on TheMortgageReports.com)
Related Headlines
- High-end ARM reset (mild) hilarityposted 64 weeks ago on Blown Mortgage
- The Math Is Changing For Fixed Rate Vs. Adjustable Rate Comparisonsposted 54 weeks ago on The Mortgage Reports Blog
- What Trader Joe's And Yogurt Taught Me About Home Loan Scarcityposted 67 weeks ago on The Mortgage Reports Blog
- Mortgage Refinance Applications Down 30%; Interest Rates Up.posted 38 weeks ago on Blown Mortgage
- Why LIBOR Will Not Impact Your Adjustable Rate Mortgage This Yearposted 63 weeks ago on The Mortgage Reports Blog
- HELOC or HELOAN? It May Be Too Soon To Tell.posted 58 weeks ago on The Mortgage Reports Blog
- Why Cuts To The Fed Funds Rate Spur The Economy Forwardposted 45 weeks ago on The Mortgage Reports Blog
- Mortgage rates headed up as Fannie and Freddie struggleposted 17 weeks ago on Blown Mortgage
- Bush to Announce ARM Loan Freeze Plan Thursdayposted 50 weeks ago on Blown Mortgage