Blogspot - countrywide-foreclosures.blogspot.com - Countrywide Foreclosures Blog
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5,959 Homes Offered For Sale on Bank of America (Countrywide) Website 7 Oct 2009 | 07:13 pm
Total REO Asking Price: $941,083,901 (As of October 7, 2009) Source: http://www.countrywide.com/purchase/f_reo.asp Click on state below for detailed listings. State Count Total Asking Price($) Av...
Bush: 'An Extraordinary Period For America's Economy' 29 Sep 2008 | 07:11 am
And if you watched the clip... be sure to read Roubini's latest for a better definition of 'extraordinary': Is Purchasing $700 billion of Toxic Assets the Best Way to Recapitalize the Financial System...
BIS Warns on Global Economy: A Deeper and More Protracted Downturn. 30 Jun 2008 | 10:27 pm
The BIS, also known as the Central Bank of Central Banks, is one of the most respected economic institutions. Prior to the start of the subprime crisis, I had posted an article where the BIS warned an...
Over One Million Homes In Foreclosure 6 Jun 2008 | 03:12 am
A grim first quarter report from the Mortgage Bankers Association's shows the housing crisis is getting worse. Mortgage delinquencies rose in the first quarter to 6.35%. From CNN: The Mortgage Banke...
It ‘Makes No Sense’ To Continue Paying The Mortgage When The Value Of Your Home Stops Going Up. 29 Jan 2008 | 02:11 pm
60 Minutes On The New Logic Behind Foreclosures. Okay, I'm kidding but Stephanie Valdez is not. Matt and Stephanie Valdez are a couple who can afford to continue paying their mortgage payments but se...
Over 2,000 bank owned homes to be auctioned off in California starting this weekend (Jan 26 - Feb 24) 24 Jan 2008 | 09:17 pm
It appears that REDC (US Home Auctions) is going to be quite busy this month and earning some nice commissions (5% “Buyers Premium”). If you visit their site and click on an area, there is a detailed ...
15,905 Homes Offered For Sale on Countrywide Financial's Website 24 Jan 2008 | 05:28 am
Total REO Asking Price: $2,547,478,845 (As of 2/18/2008) Source: http://www.countrywide.com/purchase/f_reo.asp Click on state below for detailed listings. State Count Total Asking Price($) Avera...
11,453 Homes Offered For Sale on Countrywide Financial's Website 22 Jan 2008 | 02:40 am
Total REO Asking Price: 1,845,595,537 (As of April 6, 2009) Source: http://www.countrywide.com/purchase/f_reo.asp Click on state below for detailed listings. State Count Total Asking Price($) Av...
Bank of America in talks to acquire Countrywide Financial 11 Jan 2008 | 08:57 am
From the Wall Street Journal: “Bank of America Corp. is in advanced talks to acquire struggling Countrywide Financial Corp., according to people familiar with the situation.” “It isn't clear how qui...
20,255 Homes Offered For Sale on Countrywide Financial's Website 9 Jan 2008 | 09:45 am
Total REO Asking Price: $3,270,467,911 (As of January 15, 2009) Source: http://www.countrywide.com/purchase/f_reo.asp Click on state below for detailed listings. State Count Total Asking Price($)...
