With all the bad press out there regarding subprime lending, I have had many realtors wondering "what's going to happen with Countrywide?" I have been saying over the past year, that the market change and poor lending practices will weed out the bad players in real estate. In the long run, Countrywide will come out just fine. I read this article in CNN Money the other day that was really good.
http://money.cnn.com/2007/03/23/markets/spotlight_cfc/index.htm
Monday, March 26, 2007
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